About Sparkwork
Sparkwork is a Technology company based in Helsinki (Finland) founded in 2015. Its Indian entity Sparkwork Software Private Limited reported revenue of ₹1.79 Cr. Its focus areas include Enterprise Applications, HRTech, LMS and Collaborative Learning. Its competitors include 360Learning, OpenSesame, Intrepid Learning, NovoEd and CrossKnowledge and 5 more; 8 of its 10 listed competitors have raised funding.
Company details
Online LMS platform for collaborative learning. Employers can use the platform to plan, track and increase employee competence. The platform also acts as a collaborative platform to capture, expand and share product knowledge. The platform can be customized for user branding and is responsive on all devices (laptops,mobile, tablets etc.). It is available on the Google Play Store and Apple App Store.
- Headquarters Helsinki, Finland
- SectorsTechnology
- Email••••••••
- Website sparkwork.io
- Social LinkedIn X Facebook
- Legal Name Sparkwork Software Private Limited
- Date of Incorporation 28 Jan, 2016
- Jurisdiction Gurgaon, Haryana, India
- Annual Revenue₹1.79 Cr
FY 2024 · +32% YoY
- Net Profit₹6.3 Lakh
FY 2024 · 4% margin
- EBITDA₹8.6 Lakh
FY 2024 · 5% margin
- Investors
Associated legal entities of Sparkwork
Sparkwork operates through Sparkwork Software Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sparkwork Software Private Limited CIN U72900HR2016PTC058025 | Active | 28 Jan 2016 | Gurgaon, Haryana | ₹1.8 Cr | – | 2 | View details |
Funding Insights of Sparkwork
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Sparkwork with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2018 | – | Seed | – | The Refiners | – |
1 investors in total: 1 institutional.
Investors in Sparkwork
Sparkwork has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include The Refiners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | therefiners.co | - |
Investor details for Sparkwork
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Sparkwork Software Private Limited (Sparkwork)
Sparkwork Software Private Limited is the primary company behind Sparkwork. The board of Sparkwork Software Private Limited currently have 2 directors; the longest-serving is Bijay Kumar Baniya, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bijay Kumar Baniya DIN 07416873 | Director | 28 Jan 2016 | 10 yrs 8 mo | Sparkwork Software Private Limited |
| Ajay Shah DIN 08135135 | Director | 16 May 2018 | 8 yrs 5 mo | Sparkwork Software Private Limited |
People of Sparkwork
7 people are tracked at Sparkwork (2 in leadership, 5 in team).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
Naushad Akhtar | Head of Digital Marketing | Leadership |
| Senior Software Engineer | Team | |
Jai Prakash Gupta | Software Developer | Team |
Neha Baniya | UX Designer | Team |
Krishna Gupta | Software Developer | Team |
Aseem Girdhar | Frontend Developer | Team |
Complete people profiles for Sparkwork
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Sparkwork
Figures of Sparkwork Software Private Limited, the primary company behind Sparkwork, for FY 2024. Revenue was ₹1.79 Cr (+32% year on year). Net profit was ₹6.3 Lakh (4% margin). EBITDA was ₹8.6 Lakh (5% margin). Revenue has grown at a compounded annual rate of +11% over five years.
- ₹1.79 CrRevenue · FY 2024 · +32% YoY
- ₹6.3 LakhNet profit · 4% margin
- ₹8.6 LakhEBITDA · 5% margin
- ₹1 LakhPaid-up capital
- +11%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Sparkwork Software Private Limited are on its company page.
Detailed financial statements for Sparkwork
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Sparkwork
2 dated milestones of Sparkwork across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Sparkwork is founded.
- Funding First funding round.
Competitors of Sparkwork
Sparkwork has 10 listed competitors in our database, 8 of them funded. They include 360Learning, OpenSesame, Intrepid Learning, NovoEd and CrossKnowledge, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 360learning.com | 2010 | Paris, France | $242.54M | – | Corporate learning management platform | |
| opensesame.com | 2011 | Portland, United States | $102.23M | 240 | E-learning courses for corporate training are traded via online marketplace. | |
| intrepidlearning.com | 1999 | Seattle, United States | $15.95M | 275 | SaaS-based learning management platforms for corporations are provided. | |
| novoed.com | 2012 | San Francisco, United States | $4.8M | – | Online learning and training programs platform | |
| crossknowledge.com | 2000 | Suresnes, France | – | – | Cloud-based distance learning solutions are offered to companies worldwide. | |
| learnupon.com | 2010 | Dublin, Ireland | $56.59M | – | Learning Management System for corporates | |
| getadministrate.com | 2010 | Edinburgh, United Kingdom | $18.62M | – | Cloud-based LMS is offered for collaborative learning management. | |
| intellum.com | 2000 | Atlanta, United States | $25M | 80 | Web-based learning management systems and courseware are provided by Intellum. | |
| xyleme.com | 2004 | Boulder, United States | $10.85M | 31 | Learning content management solutions are provided for single-source educational publishing. | |
| thoughtindustries.com | 2012 | Boston, United States | – | 152 | Cloud-based platform for customer onboarding and training is offered. |
Detailed competitors of Sparkwork
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Sparkwork
Websites that share an audience with Sparkwork (sparkwork.io).
Websites whose visitors overlap most with Sparkwork. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| google.com | 100% | 85.8B | #1 | View details | |
| reddit.com | 83% | 4.4B | #9 | View details |
Top companies in HR & Workforce Technology
10 companies that operate in the same segment as Sparkwork (HR & Workforce Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | – | 1,695 | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Reward-based crowdfunding is facilitated for content creators and musicians. | 2013 | San Francisco, California, United States | USD 412.1 M | – | 1,218 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | 1,746 | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 21,000 | |
Businesses are connected with freelancers via an online marketplace. | 1999 | San Francisco, California, United States | USD 140 M | USD 787.78 M | 600 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 473.73 M | – | 3,902 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 |
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Frequently Asked Questions about Sparkwork
Sparkwork was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Sparkwork is headquartered in Helsinki, Finland.
The primary company behind Sparkwork, Sparkwork Software Private Limited, reported revenue of ₹1.79 Cr for FY 2024, up 32% year on year.
Online LMS platform for collaborative learning. Employers can use the platform to plan, track and increase employee competence. The platform also acts as a collaborative platform to capture, expand and share product knowledge. The platform can be customized for user branding and is responsive on all devices (laptops,mobile, tablets etc.). It is available on the Google Play Store and Apple App Store.
Sparkwork's top competitors include 360Learning, OpenSesame and Intrepid Learning.
Sparkwork has 1 investor. Key investors include The Refiners.
Sparkwork operates through Sparkwork Software Private Limited.
The legal entities of Sparkwork currently have 2 directors, including Bijay Kumar Baniya, Ajay Shah.