About Spark
Spark is a company based in Vancouver (Canada) founded in 2012. It operates as a SaaS (Software-as-a-Service). Spark has raised $7.38 million across 5 funding rounds from investors including BDC, Pender Ventures and GroundBreak Ventures. Spark has completed 1 acquisition, including Spark. Spark offers products and services including Spark Platform, CRM, and Homeowner Care. Spark operates in a competitive market with competitors including PropertyGuru, Property Finder, BoomTown, VTS and EliseAI, among others.
- Headquarter Vancouver, Canada
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Sectors
Real Estate & ConstructionTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Spark Re Technologies Inc.
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Products & Services of Spark
Spark offers a comprehensive portfolio of products and services, including Spark Platform, CRM, and Homeowner Care. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A comprehensive platform for real estate project management.
Industry-specific CRM for real estate project teams.
Support solution for faster homeowner issue resolution.
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Funding Insights of Spark
Spark has successfully raised a total of $7.38M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $183.08 thousand completed in February 2023. 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 A — $183,075
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2023 | Amount | Series A - Spark | Valuation |
investors |
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| Jul, 2021 | Amount | Series A - Spark | Valuation | BDC , Pender Ventures | |
| Aug, 2019 | Amount | Debt – Venture - Spark | Valuation |
investors |
| 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 |
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Investors in Spark
Spark has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include BDC, Pender Ventures and GroundBreak Ventures. 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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Tech-focused venture capital investments are made by Pender Ventures.
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GroundBreak Ventures is focused on investing in PropTech startups.
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Hillcore Group is recognized as a leading Canadian investment firm.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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
Spark has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Spark. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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A SaaS platform is utilized for managing tenant communications.
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OVO is recognized as a smart digital payment application.
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Bionic investment advisor platform
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Financial Statements - Spark
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Spark Comparisons
Competitors of Spark
Spark 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 PropertyGuru, Property Finder, BoomTown, VTS and EliseAI, 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 |
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| domain | founded_year | HQ Location |
Real estate properties are discovered via an online portal.
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| domain | founded_year | HQ Location |
Web-enabled CRM platform is provided for real estate enterprises.
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| domain | founded_year | HQ Location |
Web-based marketing systems for real estate professionals are developed.
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| domain | founded_year | HQ Location |
VTS is recognized for providing commercial real estate technology solutions.
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| domain | founded_year | HQ Location |
Conversational AI platforms are provided for housing and healthcare automation.
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| domain | founded_year | HQ Location |
Lead generation and CRM solutions for real estate are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Spark
Frequently Asked Questions about Spark
When was Spark founded?
Spark was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Where is Spark located?
Spark is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Is Spark a funded company?
Spark is a funded company, having raised a total of $7.38M across 5 funding rounds to date.
What does Spark do?
Spark is established as a provider of specialized software solutions for the real estate industry. The company focuses on delivering a comprehensive platform tailored for developers, marketers, and brokerages involved in new development projects. Solutions offered include CRM, inventory management, contracts and closing, marketing tools, data reporting, and homeowner care. The platform is designed to streamline processes, enhance visibility, and support sales and marketing efforts across various real estate sectors such as condos, townhomes, and master-planned communities. Support and onboarding are prioritized to ensure seamless integration for client teams.
Who are the top competitors of Spark?
Spark's top competitors include PropertyGuru, EliseAI and immowelt.
What products or services does Spark offer?
Spark offers Spark Platform, CRM, and Homeowner Care.
How many acquisitions has Spark made?
Spark has made 1 acquisition, including Spark.
Who are Spark's investors?
Spark has 5 investors. Key investors include BDC, Pender Ventures, GroundBreak Ventures, FirePower Capital, and Hillcore Group.
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