About Sparq
Sparq is a company based in Atlanta (United States) founded in 2022 was acquired by Harvest Partners in June 2023. It operates as a Professional Services, and AI-as-a-Service. Sparq has completed 3 acquisitions, including Octobot, Sparq and Sparq. Sparq offers products and services including Product Engineering, Artificial Intelligence, Data & Analytics, and Business & Technology Consulting. Sparq operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Atlanta, United States
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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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- Legal Name Sparq
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Octobot
& 2 more
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Acquired by
Harvest Partners
(Jun 21, 2023)
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Products & Services of Sparq
Sparq offers a comprehensive portfolio of products and services, including Product Engineering, Artificial Intelligence, Data & Analytics, and Business & Technology Consulting. 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.
End-to-end product engineering solutions are crafted for clients.
AI solutions are integrated to enhance business outcomes.
Data analytics services are provided for business insights.
Consulting services are offered for strategic business growth.
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Funding Insights of Sparq
| 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 |
investors |
Investors in Sparq
Sparq has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Harvest Partners. 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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Harvest Partners is engaged in alternative investment strategies.
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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
Sparq has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Octobot, Sparq and Sparq. 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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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Data analytics, cloud development, and enterprise integration services are provided.
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2017 | ||||
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Custom software development, DevOps, cloud, and consulting services are offered.
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2013 | ||||
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Mobile and web application development services are provided by Octobot.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Sparq
| 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 |
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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Application development, cloud, cybersecurity, and business intelligence services are provided.
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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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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 2022.
Where is Sparq located?
Sparq is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Who is the current CEO of Sparq?
Monty Hamilton is the current CEO of Sparq.
What does Sparq do?
Sparq is established as a leader in digital and product engineering, specializing in de-risking transformation for businesses. Services are provided across various sectors, including AI integration, product engineering, and data analytics. Solutions are designed to address complex challenges with strategic rigor and technical expertise. Emphasis is placed on fast, flawless delivery to ensure scalable and impactful outcomes. Collaboration with clients is prioritized to act as an extension of their teams, ensuring seamless execution and measurable business value.
Who are the top competitors of Sparq?
What products or services does Sparq offer?
Sparq offers Product Engineering, Artificial Intelligence, Data & Analytics, and Business & Technology Consulting.
How many acquisitions has Sparq made?
Who are Sparq's investors?
Sparq has 1 investor. Key investors include Harvest Partners.
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