About SparkGig
SparkGig is a company based in Kitchener (Canada) founded in 2013 by Jessica Ho, Desmond Choi, Marlin Gingerich, and Adrian Wong. It operates as a B2C. SparkGig has raised $35 thousand across 2 funding rounds from investors including Ontario Centre of Innovation and Velocity. SparkGig operates in a competitive market with competitors including eva, HappyDemic, Side Door, Soul Artists and Gigzolo, among others.
- Headquarter Kitchener, Canada
- Founders Jessica Ho, Desmond Choi, Marlin Gingerich, Adrian Wong
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Sectors
Media & Entertainment
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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
$35 K (USD)
in 2 rounds
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Latest Funding Round
$35 K (USD), Seed
Sep 08, 2015
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Investors
Ontario Centre of Innovation
& 1 more
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Employee Count
Employee Count
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Funding Insights of SparkGig
SparkGig has successfully raised a total of $35K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $35 thousand completed in September 2015. 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 2
- Last Round Seed — $35,000
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First Round
First Round
(27 Mar 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2015 | Amount | Seed - SparkGig | Valuation |
investors |
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| Mar, 2014 | Amount | Grant - SparkGig | 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 |
investors |
Investors in SparkGig
SparkGig has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Ontario Centre of Innovation and Velocity. 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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Velocity is supported as a startup incubator by the University of Waterloo.
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Founded Year | Domain | Location | |
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Research and development services are delivered to an innovation community.
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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 SparkGig
| 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 - SparkGig
| 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 |
Sparkgig Comparisons
Competitors of SparkGig
SparkGig 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 eva, HappyDemic, Side Door, Soul Artists and Gigzolo, 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 |
Online artist booking and event management platform is provided.
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| domain | founded_year | HQ Location |
Personalized musical performances are provided for corporate and individual events.
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| domain | founded_year | HQ Location |
A marketplace connects artists with hosts for event bookings.
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| domain | founded_year | HQ Location |
Artists including DJs and singers are booked online for events.
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| domain | founded_year | HQ Location |
Online Artist Booking Marketplace
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| domain | founded_year | HQ Location |
An online marketplace for artists and speakers is operated.
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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 Sparkgig
Frequently Asked Questions about SparkGig
When was SparkGig founded?
SparkGig was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is SparkGig located?
SparkGig is headquartered in Kitchener, Canada. It is registered at Kitchener, Ontario, Canada.
Who is the current CEO of SparkGig?
Desmond Choi is the current CEO of SparkGig. They have also founded this company.
Is SparkGig a funded company?
SparkGig is a funded company, having raised a total of $35K across 2 funding rounds to date. The company's 1st funding round was a Grant of $25K, raised on Mar 27, 2014.
What does SparkGig do?
SparkGig, established in 2013, excels in providing entertainment content, events, live performances, and marketplace services. A marketplace connecting users with live performers for events. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of SparkGig?
SparkGig's top competitors include eva, Soul Artists and HappyDemic.
Who are SparkGig's investors?
SparkGig has 2 investors. Key investors include Ontario Centre of Innovation, and Velocity.