About Sparq
Sparq is a company based in Charlotte (United States) founded in 2013 by Micah Minarik was acquired by Sparq in July 2024. It operates as a Professional Services, and AI-as-a-Service. Sparq offers products and services including Product Engineering, Artificial Intelligence, and Data & Analytics. Sparq operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Charlotte, United States
- Founders Micah Minarik
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Products & Services of Sparq
Sparq offers a comprehensive portfolio of products and services, including Product Engineering, Artificial Intelligence, and Data & Analytics. 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.
Custom software solutions are developed for complex challenges.
AI solutions are integrated to enhance business outcomes.
Data platforms are built for actionable business insights.
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Funding Insights of Sparq
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2018 | Amount | Seed - Sparq | Valuation | Cypress Growth Capital |
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| 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 Sparq
Sparq has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Sparq and Cypress Growth 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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Non-dilutive growth capital is provided by Cypress Growth Capital.
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Founded Year | Domain | Location | |
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Application security and data analytics services are provided by Sparq.
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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 Sparq
| 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 - Sparq
| 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 |
Sparq Comparisons
Competitors of Sparq
Sparq 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 UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, 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 |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
AI, cloud, and blockchain services are provided globally.
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| domain | founded_year | HQ Location |
IT and digital transformation services are delivered to various industries.
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| Company Name | Domain | Founded year | HQ Location | Description |
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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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| 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 Sparq
Frequently Asked Questions about Sparq
When was Sparq founded?
Sparq was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Where is Sparq located?
Sparq is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
What does Sparq do?
Sparq is involved in providing digital and product engineering services to help leaders de-risk transformation. Solutions are crafted with a problem-first approach, deep technical expertise, and fast delivery. The company operates across various industries, focusing on AI integration, data analytics, and custom software development. Strategic rigor and engineering excellence are combined to address complex challenges, ensuring scalable and impactful outcomes for enterprise-grade clients.
Who are the top competitors of Sparq?
Sparq's top competitors include Happiest Minds, 1&1 IONOS and Genpact.
What products or services does Sparq offer?
Sparq offers Product Engineering, Artificial Intelligence, and Data & Analytics.
Who are Sparq's investors?
Sparq has 2 investors. Key investors include Sparq, and Cypress Growth Capital.
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