SPARC Group - About the company
SPARC Group is a seed company based in New York City (United States), founded in 2017. It operates as a Brand offering apparel wear for men and women. SPARC Group has raised an undisclosed amount in funding from Shein. The company has 2517 active competitors, including 110 funded and 145 that have exited. Its top competitors include companies like Cider, True Religion Apparel and Reformation.
Key Metrics
Founded Year
2017
Location
New York City, United States
Stage
Seed
Latest Funding Round
Investors
Ranked
150th among 2517 active competitors
Employee Count
32,713 as on Jul 01, 2024
Investment & Acquisitions
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SPARC Group's funding and investors
SPARC Group has raised funding over 1 round. Its latest funding round was a Seed round on Aug 24, 2023 for $*****. 1 investor participated in its latest round. SPARC Group has 1 institutional investor.
Here is the list of recent funding rounds of SPARC Group:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 24, 2023 | 5020641 | Seed | 5515913 | 4185364 | 4440501 | 7030705 |
View details of SPARC Group's funding rounds and investors
SPARC Group's founders and board of directors
Founder? Claim ProfileSPARC Group's employee count trend
SPARC Group has 32,713 employees as of Jul 24. Here is SPARC Group's employee count trend over the years:
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SPARC Group's Competitors and alternates
Top competitors of SPARC Group include Cider, True Religion Apparel and Reformation. Here is the list of Top 10 competitors of SPARC Group, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Internet first brand offering apparel for women | $140M | 71/100 | ||
2nd | True Religion Apparel 2002, Los Angeles (United States), Acquired | Internet first brand of fashion apparel wear for men and women | - | 71/100 | |
3rd | Reformation 2009, Los Angeles (United States), Acquired | Online retailer of women's apparel, accessories, and bridal wear | $37M | 70/100 | |
4th | Everlane 2010, San Francisco (United States), Series C | Internet-first brand offering multi-category fashion products | $90.2M | 70/100 | |
5th | Cotopaxi 2013, Cottonwood (United States), Series B | Internet first brand offering casual wear for men and women | $74.9M | 70/100 | |
6th | Bonobos 2007, New York City (United States), Acquired | Internet first brand offering fashion apparel for men | $128M | 65/100 | |
7th | Johnnie-O 2005, Los Angeles (United States), Series C | Internet first brand of fashion apparel & foot wear and accessories | $129M | 63/100 | |
8th | Supreme® 1994, New York City (United States), Acquired | Internet first brand of casual and formal apparel wear for men and women | - | 61/100 | |
9th | ME+EM 2009, London (United Kingdom), Series A | Online retailer of women's designer fashion and luxury clothing | $81.6M | 60/100 | |
10th | GHOST LIFESTYLE 2015, Henderson (United States), Acquired | Internet first brand offering apparel wear for men and women | - | 58/100 | |
150th | SPARC Group 2017, New York City (United States), Seed | Brand offering apparel wear for men and women | - | - | 37/100 |
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SPARC Group's Investments and acquisitions
SPARC Group has not made any investments yet. SPARC Group has made 6 acquisitions.Here is the list of latest three $acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Sep 23, 2022 | Acquisition | 2017 | Huddinge (Sweden) | |
May 07, 2021 | Acquisition | 1920 | Groveport (United States) | |
Aug 15, 2020 | Acquisition | 1818 | New York City (United States) |
See all acquisitions by SPARC Group
News related to SPARC Group
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SPARC Group Has Merged With JCPenney to Form Catalyst BrandsBusiness Wire•Jan 09, 2025•JCPenney, SPARC Group, , and 1 other
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JCPenney announces merger with SPARC GroupDigitalCommerce360•Jan 09, 2025•JCPenney, SPARC Group, Parent
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JCPenney, Aéropostale owner merge to form Catalyst BrandsSeeking Alpha•Jan 09, 2025•JCPenney, SPARC Group
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Authentic Brands Group, SPARC Group to Acquire Eddie BauerLicense Global•Nov 01, 2024•Authentic Games, SPARC Group, Eddie Bauer
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Simon Property Group trims stake in Forever 21, Brooks Brothers brand-management firm AuthenticRetail Dive•Feb 07, 2024•JCPenney, Simon, REIT, Authentic Games and 2 others
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Sparc Group Enters Into A Long-term Financing Solution With Pcp And NordeaIT Finans•Jan 16, 2024•SPARC Group, PCP, Nordea
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Shein partners on co-branded line of Forever 21 collectionRetail Insight Network•Oct 30, 2023•Shein, Forever 21, Authentic Games, Forever21 and 4 others
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