About Spark Grills
Spark Grills is a company based in San Francisco (United States) founded in 2016 by Benjamin West. It operates as a B2C. Spark Grills has raised $26.04 million across 5 funding rounds from investors including Bullish, Lerer Hippeau and Global Founders Capital. Spark Grills operates in a competitive market with competitors including Cuisinart, Ome, Better Earth, Char Broil and Desora, among others.
- Headquarter San Francisco, United States
- Founders Benjamin West
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$26.04 M (USD)
in 5 rounds
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Latest Funding Round
$6.93 M (USD), Series B
Mar 07, 2022
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Investors
Bullish
& 3 more
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Employee Count
Employee Count
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Funding Insights of Spark Grills
Spark Grills has successfully raised a total of $26.04M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $6.93 million completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $6.9M
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First Round
First Round
(05 Jun 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Series B - Spark Grills | Valuation |
investors |
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| Apr, 2021 | Amount | Series B - Spark Grills | Valuation |
investors |
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| May, 2020 | Amount | Series A - Spark Grills | Valuation | Lerer Hippeau |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Spark Grills
Spark Grills has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Bullish, Lerer Hippeau and Global Founders Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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USA focused VC firm investing in seed and early stage startups
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage startups
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Founded Year | Domain | Location | |
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Venture capital investments in pre-seed and seed stages, focusing on founders.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Spark Grills
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Spark Grills
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Spark Grills Comparisons
Competitors of Spark Grills
Spark Grills operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cuisinart, Ome, Better Earth, Char Broil and Desora, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Manufactures and sells kitchen appliances, cookware, and tools for cooking needs.
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| domain | founded_year | HQ Location |
Internet first brand offering smart knob for stoves
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| domain | founded_year | HQ Location |
Handmade compostable kitchenware is produced for private label brands.
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| domain | founded_year | HQ Location |
Sells gas, charcoal, electric, and portable grills with accessories for outdoor use.
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| domain | founded_year | HQ Location |
Connected barbecues are provided for remote app-based control.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Spark Grills
Frequently Asked Questions about Spark Grills
When was Spark Grills founded?
Spark Grills was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Spark Grills located?
Spark Grills is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Spark Grills a funded company?
Spark Grills is a funded company, having raised a total of $26.04M across 5 funding rounds to date. The company's 1st funding round was a Series A of $3.5M, raised on Jun 05, 2018.
What does Spark Grills do?
Spark Grills, established in 2016 and currently in Dissolved stage, focuses on producing consumer products, home appliances, kitchen appliances, and smart grills. Creates innovative smart grills and accessories for modern cooking. Adapting to market demands with innovation and client-focused strategies.
Who are the top competitors of Spark Grills?
Spark Grills's top competitors include Better Earth, Monogram and Ome.
Who are Spark Grills's investors?
Spark Grills has 4 investors. Key investors include Bullish, Lerer Hippeau, Global Founders Capital, and Precursor Ventures.
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