About Sparrow
Sparrow is a company based in Toronto (Canada) founded in 2021 by Gavin Servai.. Sparrow has raised $1 million across 1 funding round from investors including Accenture and Canadian Space Agency. Sparrow operates in a competitive market with competitors including iROOMit, Zoom Mate, MyMateSpace, Hivenue and Coleaseum, among others.
- Headquarter Toronto, Canada
- Founders Gavin Servai
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Sectors
Real Estate & Construction
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Email
***********
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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
$1 M (USD)
in 1 rounds
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Latest Funding Round
$1 M (USD), Seed
Oct 18, 2022
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Investors
Accenture
& 1 more
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Employee Count
Employee Count
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Funding Insights of Sparrow
Sparrow has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in October 2022. 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 1
- Last Round Seed — $1.0M
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First Round
First Round
(18 Oct 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Seed - Sparrow | 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 Sparrow
Sparrow has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Accenture and Canadian Space Agency. 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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IT and management consultancy services are provided globally.
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Founded Year | Domain | Location | |
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Canadian space agency focused on social and economic benefits
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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 Sparrow
| 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 - Sparrow
| 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 |
Sparrow Comparisons
Competitors of Sparrow
Sparrow 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 iROOMit, Zoom Mate, MyMateSpace, Hivenue and Coleaseum, 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.
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A platform for booking shared rooms in coliving spaces.
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Platform for finding flats and flatmates via mutual connections networks.
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Platform for renting rooms, matching roommates, and secure payments in Canada.
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| domain | founded_year | HQ Location |
AI-powered platform for secure housing rentals, matchmaking, and bidding marketplaces.
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| 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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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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Frequently Asked Questions about Sparrow
When was Sparrow founded?
Sparrow was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Sparrow located?
Sparrow is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Sparrow a funded company?
Sparrow is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on Oct 18, 2022.
What does Sparrow do?
Detailed information about Sparrows operations, sectors, or solutions is not available on the website. No specific data regarding the companys focus or offerings is presented.
Who are the top competitors of Sparrow?
Sparrow's top competitors include iROOMit, Zoom Mate and MyMateSpace.
Who are Sparrow's investors?
Sparrow has 2 investors. Key investors include Accenture, and Canadian Space Agency.