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
- SectorsMedia & Entertainment
- Website category Sports
- Website spartan.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Vermilion Energy (May 2018)
- Legal Name Spartan Race Inc
- Total Equity Funding$32.4M (USD)
in 7 rounds
- Latest Funding Round$1.65M (USD), Series C
Dec 2023
- InvestorsHearst
& 2 more
- Investments & AcquisitionsBellatrix Exploration
& 1 more
- Acquired byVermilion Energy
(May 2018)
Products & Services of Spartan
Spartan offers a comprehensive portfolio of products and services, including Obstacle Course Races and Training Programs.
Races are organized featuring various distances and obstacles to challenge participants physically.
Programs are provided that include fitness certifications and online resources for race preparation.
Apps and channels of Spartan
its YouTube channel Spartan has 59.4K subscribers and 30 videos.
Videos from Spartan
The most watched videos on Spartan's YouTube channel, Spartan (59.4K subscribers). Click a video to play it here.
More on Spartan.
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.
- Total Funding $32.4M
- Total Rounds 7
- Last Round Series C — $1.65M
- First Round $5M
(Aug 2012)
- Investors Count 2
All 7 funding rounds of Spartan 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 |
|---|---|---|---|---|---|
| Dec 2023 | $1.65M | Series C | – | – | – |
| Jan 2021 | $5.75M | Series C | – | – | – |
| Jun 2016 | – | Series B | – | – | |
| Apr 2016 | $10M | Series B | – | – | – |
| Apr 2016 | $10M | Series B | – | – | – |
| Aug 2012 | – | Series A | – | – | |
| Aug 2012 | $5M | Series A | – | Raptor Group | – |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment and strategic support are provided by Raptor Group. | – | raptorgroup.com | Boston, United States | |
Media conglomerate | 1887 | hearst.com | New York, United States | |
International energy producer focused on light oil and natural gas | 1994 | vermilionenergy.com | Calgary, Canada |
Investor details for Spartan
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.
People of Spartan
44 people are tracked at Spartan (27 in leadership, 17 in team).
| Name | Role | Group |
|---|---|---|
Jeffrey C. | EVP And Chief Operating Officer | Leadership |
Brian Duncanson | General Manager, DEKA | Leadership |
Chris Clemens | Race Director, Trail Series | Leadership |
Joe De Sena | CEO | Leadership |
Dustin Nicholson | Director Global Event Retail Operations | Leadership |
Benjamin Garcia | Race Director, Trail Series | Leadership |
Laura Goodwin | Vice President Of Production | Leadership |
Amaury D. | Sr. Director Of Technology | Leadership |
Cherie Bortnick | Vice President Of Business Development | Leadership |
Shawn Rothman | Chief Technology Officer | Leadership |
Mariano Alvarez | General Manager Global Trail | Leadership |
David James Watson | Vice President, Innovation & Special Projects | Leadership |
Travis Ketcham | Director Of La Ruta And Endurance | Leadership |
Jillian Yotive | Sr. Director Of Event Planning Operations | Leadership |
Brian Cox | Director Of Global Partnerships | Leadership |
Barb Coyle | Director, Fp&a | Leadership |
Susan Kelley | Executive Assistant To CEO And COO | Leadership |
Giles Chater | Chief Operating Officer | Leadership |
María Gómez-Lobo Ortega | Chief Operating Officer At Spartan Spain | Leadership |
Daniel McDonald | Chief Of Staff/head Of HR | Leadership |
24 more people are available in the full profile.
Complete people profiles for Spartan
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.
Investments & Acquisitions by Spartan
Spartan has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Bellatrix Exploration and OCRWC.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Premier independent global championships for the sport of Obstacle Course Racing | ocrworldchampionships.com | Oregonia, United States | 2013 | Sep 2023 | •••• | |
Oil & natural gas exploration company | bxe.com | Calgary, Canada | 2009 | Jun 2020 | $87.6M |
Complete acquisition details for Spartan
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Spartan
6 dated milestones of Spartan across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Spartan is founded.
- Funding First funding round of $5.0M.
- Exit Acquired by Vermilion Energy.
- Acquisition Acquires Bellatrix Exploration.
- Acquisition Acquires OCRWC.
- Funding Latest funding round, Series C, of $1.6M.
Web traffic of Spartan
The website of Spartan (spartan.com) receives about 1.5M visits a month and ranks #37,002 among all websites worldwide, #1,166 in Sports.
- Monthly visits1.5M
▲ 6.9% vs previous month
- Unique visitors555.5K
per month
- Global rank#37,002
among all websites
- Category rank#1,166
Sports · Sports
- Bounce rate40%
- Pages per visit3.9
- Average visit2 min 34 sec
- DevicesDesktop 22% · Mobile 78%
Websites whose visitors overlap most with Spartan. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
spartanrace.com | spartanrace.com | 100% | – | – | – |
| toughmudder.com | 88% | 144.2K | #256,644 | View details | |
| rei.com | 87% | – | #1,699 | View details | |
savagerace.com | savagerace.com | 87% | – | #806,166 | – |
nhbgear.com | nhbgear.com | 86% | – | – | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Spartan
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to Spartan
10 companies that operate in the same segment as Spartan (Sports & Fitness Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Mixed martial arts tournaments and events are organized globally. | 2012 | Washington, District Of Columbia, United States | USD 153 M | – | – | |
Tennis news, scores, rankings, and live coverage are provided. | 1954 | New York, New York, United States | USD 151.49 M | – | – | |
Professional ice hockey league services are operated across North America. | 1917 | New York, New York, United States | – | – | – | |
Football sports club services and team information are provided. | 1909 | Dortmund, North Rhine-westphalia, Germany | – | – | – | |
Football club services and team information are provided in France. | 1970 | Paris, France | USD 572.35 M | – | – | |
Provider of sports media services | 1946 | New York, New York, United States | – | USD 3.9 M | 19 | |
Professional women's basketball league is managed across the United States. | 1996 | New York, New York, United States | USD 75 M | – | – | |
An IPL cricket franchise team is operated in Chennai. | 2008 | Chennai, Tamil Nadu, India | – | USD 35.15 M | 17 | |
Karate league events and sports services are organized and provided. | 2018 | Cayman Islands | USD 18 M | – | – | |
Provider of an online football news platform | 1992 | London, England, United Kingdom | – | – | – |
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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. The company's 1st funding round was a Series A of $5M, raised on Aug 2012.
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.
Spartan operates through Spartan Race Inc.
Yes. Spartan was acquired by Vermilion Energy in May 2018.
The website of Spartan receives about 1.5 million visits a month and ranks #37,002 among all websites worldwide.