Spartan

Boston, United States Founded: 2006 • Age: 20 yrs Acquired By Vermilion Energy
Organizer of obstacle course races and endurance events
Annual revenue - Latest available
Total funding $32.4M 7 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Spartan

Spartan is a company based in Boston (United States) founded in 2006 was acquired by Vermilion Energy in May 2018. Spartan has raised $32.4 million across 7 funding rounds from investors including Hearst, Vermilion Energy and Raptor Group. Spartan has completed 2 acquisitions, including Bellatrix Exploration and OCRWC. Spartan offers products and services including Obstacle Course Races and Training Programs.

  • Headquarter Boston, United States
  • Sectors
    Media & Entertainment
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Spartan Race Inc
Operational Areas
Media & Entertainment → Sports, Events & Attractions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $32.4 M (USD)

    in 7 rounds

  • Latest Funding Round
    $1.65 M (USD), Series C

    Dec 22, 2023

  • Investors
    Hearst

    & 2 more

  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Vermilion Energy

    (May 28, 2018)

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Products & Services of Spartan

Spartan offers a comprehensive portfolio of products and services, including Obstacle Course Races and Training Programs.

Product name locked
Category locked
Primary

Races are organized featuring various distances and obstacles to challenge participants physically.

Product name locked
Category locked
Locked

Programs are provided that include fitness certifications and online resources for race preparation.

People of Spartan

Headcount 200-500
Employee Profiles 44
Employee Profiles
People
Jeffrey C.
EVP And Chief Operating Officer
People
Brittney Vandermoere
Senior Manager Of Business Development, Destinations
People
Brian Duncanson
General Manager, DEKA
People
Chris Clemens
Race Director, Trail Series

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Funding Insights of Spartan

Spartan has successfully raised a total of $32.4M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $1.65 million completed in December 2023. 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.

Investors in Spartan

Spartan has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Hearst, Vermilion Energy and Raptor Group.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment and strategic support are provided by Raptor Group.
Locked Locked Locked
Media conglomerate
Locked Locked Locked
International energy producer focused on light oil and natural gas
Locked Locked Locked
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Investor details for Spartan

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Spartan

Spartan has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Bellatrix Exploration and OCRWC.

Investments
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Investment portfolio details for Spartan

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Premier independent global championships for the sport of Obstacle Course Racing
Locked Locked 2013 Locked
Oil & natural gas exploration company
Locked Locked 2009 Locked
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Complete acquisition details for Spartan

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Spartan

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Detailed financials for Spartan

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Spartan Comparisons

Spartan Primary company
Description
Organizer of obstacle course races and endurance events
Location
Boston, United States
Founded Year
2006
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Spartan

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Spartan

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Detailed competitors of Spartan

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Spartan

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Complete news archive for Spartan

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Spartan

Spartan was founded in 2006 and raised its 1st funding round 6 years after it was founded.

Spartan is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Spartan is a funded company, having raised a total of $32.4M across 7 funding rounds to date.

Spartan was founded in 2006 in Boston, United States, within the fitness and events sector. Obstacle course races, including sprints, supers, beasts, and ultras, are organized to accommodate varying fitness levels and experiences. Individual and team competitions are offered, along with kids races, training resources, fitness certifications, and merchandise. Group participation for team building and fundraising is facilitated, with events held to promote physical and mental challenges across multiple locations.

Spartan offers Obstacle Course Races and Training Programs.

Spartan has made 2 acquisitions, including Bellatrix Exploration, and OCRWC.

Spartan has 3 investors. Key investors include Hearst, Vermilion Energy, and Raptor Group.

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