OpenSparkz - About the company
OpenSparkz is a seed company based in Sydney (Australia), founded in 2017 by Ian McKenzie, Nigel Lovell, Terry McMullen and Debra Taylor. It operates as a Card based loyalty solutions provider for offline retailers. OpenSparkz has raised $1.78M in funding. The company has 631 active competitors, including 76 funded and 52 that have exited. Its top competitors include companies like Capillary Technologies, Upside and Thanx.
Company Details
Card based loyalty solutions provider for offline retailers. The company technology solution collects real-time customer payment data when they link their existing credit or debit cards with the platform. It calculates the reward and notifies the customer via their mobile device. The company technology solution can be integrated with multiple payment schemes. It provides personalized offers based on customers buying behavior. The company offers solutions to merchants and brands, loyalty program operators, and more.
- Website
- opensparkz.tech
- Email ID
- *****@opensparkz.tech
Key Metrics
Founded Year
2017
Location
Sydney, Australia
Stage
Seed
Total Funding
$1.78M in 2 rounds
Latest Funding Round
Ranked
117th among 631 active competitors
Employee Count
11 as on Jul 01, 2024
Legal entities associated with OpenSparkz
OpenSparkz is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
OPEN SPARKZ PTY LIMITED CIN: 613077660 , Australia, Active | Jan 01, 1970 | - | - | - |
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OpenSparkz's funding and investors
OpenSparkz has raised a total funding of $1.78M over 2 rounds. Its first funding round was on 2017. Its latest funding round was a Angel round on Feb 15, 2019 for $*****. 2 investors participated in its latest round. OpenSparkz has 2 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of OpenSparkz:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 15, 2019 | 8436061 | Angel | 5011501 | 3595141 | 7214004 | 6405542 |
2017 | 6722 | Angel | 7888 | 1727 | 4700 |
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OpenSparkz's founders and board of directors
Founder? Claim ProfileThe founders of OpenSparkz are Ian McKenzie, Nigel Lovell, Terry McMullen and Debra Taylor. Terry McMullen is the CEO of OpenSparkz.
Here are the details of OpenSparkz's key team members:
- Ian McKenzie: Co-Founder & CTO of OpenSparkz. They serve on the board of 1 company.
- Nigel Lovell: Co-Founder of OpenSparkz.
- Terry McMullen: Co-Founder & CEO of OpenSparkz.
- Debra Taylor: Co-Founder & COO of OpenSparkz.
View details of OpenSparkz's Founder profiles and Board Members
OpenSparkz's employee count trend
OpenSparkz has 11 employees as of Jul 24. Here is OpenSparkz's employee count trend over the years:
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OpenSparkz's Competitors and alternates
Top competitors of OpenSparkz include Capillary Technologies, Upside and Thanx. Here is the list of Top 10 competitors of OpenSparkz, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Capillary Technologies 2008, Bengaluru (India), Public | AI powered loyalty management software for enterprises | $144M | 81/100 | |
2nd |  Upside 2016, Washington, DC (United States), Series D | Provider of promotion management and cashback solutions to retailers | $250M | 78/100 | |
3rd | Thanx 2012, San Francisco (United States), Series C | Provider of loyalty management solution for offline stores | $23.1M | 75/100 | |
4th | Paytronix 2001, Newton (United States), Acquired | Provider of digital guest engagement platform for restaurants and c-stores | $75M | 67/100 | |
5th | Loylty Rewardz 2006, Mumbai (India), Acquired | Platform offering loyalty and relationship management solutions | $28.3M | 65/100 | |
6th | Customer experience management solution | $22M | 64/100 | ||
7th | Sendoso 2016, San Francisco (United States), Series C | Account based marketing platform for businesses | $157M | 64/100 | |
8th | Online platform to create, run and manage promotional campaigns | $138M | 63/100 | ||
9th |  Almonds Ai 2017, Gurugram (India), Seed | Provider of an AI powered channel engagement solutions | $1.84M | 62/100 | |
10th | Wildfire 2017, Solana Beach (United States), Series B | Provider of white-label platform for shopping rewards, cashback, and loyalty | $31M | 62/100 | |
117th |  OpenSparkz 2017, Sydney (Australia), Seed | Card based loyalty solutions provider for offline retailers | $1.78M | 36/100 |
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OpenSparkz's Investments and acquisitions
OpenSparkz has made no investments or acquisitions yet.
Reports related to OpenSparkz
Here is the latest report on OpenSparkz's sector:
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