About SPRK
SPRK is a company based in Berlin (Germany) founded in 2020 by Mario Steinbuch, Sven Rossbach, and Alexander Piutti.. SPRK has raised $6.42 million across 2 funding rounds from investors including Marcus Stahl, Patric Fassbender and Christian Vollmann. SPRK operates in a competitive market with competitors including Phenix, Orbisk, Positive Carbon, eSmiley and Lumitics, among others.
- Headquarter Berlin, Germany
- Founders Mario Steinbuch, Sven Rossbach, Alexander Piutti
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Sectors
ConsumerEnvironment
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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 Sprk.Global Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.42 M (USD)
in 2 rounds
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Latest Funding Round
$6.42 M (USD), Angel Round
Feb 16, 2023
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Investors
& 6 more
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Employee Count
Employee Count
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Supply Team
1 people
Devops/sre Team
1 people
Cofounder Team
1 people
Operations Team
1 people
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Funding Insights of SPRK
SPRK has successfully raised a total of $6.42M across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $6.42 million completed in February 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 Total Funding
- Total Rounds 2
- Last Round Angel Round — $6.4M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Angel Round - SPRK | Valuation |
investors |
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| Sep, 2020 | Amount | Seed - SPRK | Valuation | Marcus Stahl , Patric Fassbender |
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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 SPRK
SPRK has secured backing from 7 investors, including angel investors. Prominent investors backing the company include Marcus Stahl, Patric Fassbender and Christian Vollmann. 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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MS
Marcus Stahl |
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Founded Year | Domain | Location |
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PF
Patric Fassbender |
Angel investor and entrepreneur, co-founder of BetterPlace, focusing on tech startups.
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Founded Year | Domain | Location |
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CV
Christian Vollmann |
German angel investor, entrepreneur, focused on Indian startups, founder of nebenan.de
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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 SPRK
| 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 - SPRK
| 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 |
Sprk Comparisons
Competitors of SPRK
SPRK 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 Phenix, Orbisk, Positive Carbon, eSmiley and Lumitics, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Phenix is engaged in providing anti-waste solutions for businesses.
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| domain | founded_year | HQ Location |
AI-based food waste monitoring systems are provided for kitchens.
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| domain | founded_year | HQ Location |
Provider of automated food waste monitoring for food businesses
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| domain | founded_year | HQ Location |
Online food safety management systems are provided for kitchens.
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| domain | founded_year | HQ Location |
Provider of waste management solution for food and beverage industry
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| domain | founded_year | HQ Location |
AI-based solutions for managing food waste are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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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| 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 Sprk
Frequently Asked Questions about SPRK
When was SPRK founded?
SPRK was founded in 2020.
Where is SPRK located?
SPRK is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Who is the current CEO of SPRK?
Alexander Piutti is the current CEO of SPRK. They have also founded this company.
Is SPRK a funded company?
SPRK is a funded company, having raised a total of $6.42M across 2 funding rounds to date.
What does SPRK do?
SPRK was founded in 2020 in Berlin, Germany, within the food waste management sector. A digital marketplace is operated to connect suppliers such as restaurants and food manufacturers with buyers including NGOs and processing companies. Surplus food is procured and redistributed to reduce waste, supporting circular economy practices across Europe. Key leadership includes co-founders Mario Steinbuch, Sven Rossbach as COO, and Alexander Piutti as CEO.
Who are SPRK's investors?
SPRK has 7 investors. Key investors include Marcus Stahl, Patric Fassbender, Christian Vollmann, Jens Hewald, and Mario Götze.
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