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Spark - About the company

Spark is a seed company based in United States, founded in 2023 by Julia Wu. It operates as an AI platform streamlines due diligence and project development for renewable energy projects.. Spark has raised $500K in funding from Y Combinator, with a current valuation of $*****. The company has 271 active competitors, including 25 funded and 17 that have exited. Its top competitors include companies like OpenSolar, Aurora Solar and PVcase.

Company Details

AI platform streamlines due diligence and project development for renewable energy projects. It offers tools to assess prospective sites based on regulations and past projects, identifying potential issues early. The platform extracts permitting pathways from zoning ordinances, moratoria, and public filings and derives community sentiment from local government meetings, news, and project filings. It automates data extraction, due diligence, and document drafting, providing instant research on local sentiment, zoning ordinances, and other projects.
Key Metrics
Founded Year
2023
Location
Stage
Seed
Total Funding
$500K in 1 round
Latest Funding Round
Post Money Valuation
$***** as on Apr 01, 2024
Investors
Ranked
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Spark's funding and investors

Spark has raised a total funding of $500K over 1 round. Its latest funding round was a Seed round on Apr 2024 for $*****. 1 investor participated in its latest round. Spark has 1 institutional investor.

Here is the list of recent funding rounds of Spark:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 2024
9385646
Seed
4492086
5053583
2713922
8119259
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Spark's founders and board of directors

Founder? Claim Profile
The founders of Spark is Julia Wu. Julia Wu is the CEO of Spark.
Here are the details of Spark's key team members:
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Spark's Competitors and alternates

Top competitors of Spark include OpenSolar, Aurora Solar and PVcase. Here is the list of Top 10 competitors of Spark, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for OpenSolar
OpenSolar
2017, Salt Lake City (United States), Series B
Cloud-based solar design and sales platform
$45M
66/100
2nd
Logo for Aurora Solar
Aurora Solar
2013, San Francisco (United States), Series D
Provider of software for solar and storage system design and sales
$537M
62/100
3rd
Logo for PVcase
PVcase
2017, Kaunas (Lithuania), Series B
Provider of solar sales and design software solutions
$124M
62/100
4th
Logo for RatedPower
RatedPower
2016, Madrid (Spain), Acquired
Provider of software for solar, storage, and hybrid plant design
$6.12M
60/100
5th
Logo for Enurgen
Enurgen
2022, Ottawa (Canada), Seed
Online platform offering grid management solutions
$4.12M
56/100
6th
Logo for Eturnity
Eturnity
2012, Chur (Switzerland), Series A
Provider of sales and design software solutions for solar energy operators
$8.83M
52/100
7th
Logo for PVComplete
PVComplete
2014, Oakland (United States), Acquired
Online solar plant designing solution
-
52/100
8th
Logo for Angaza
Angaza
2010, San Francisco (United States), Series B
Provider of software for product distributors to manage sales and customers
$34M
51/100
9th
Logo for Bodhi
Bodhi
2018, Austin (United States), Acquired
Provider of cloud-based sales and design management software for solar business
$4M
49/100
10th
Logo for Solar Ladder
Solar Ladder
2021, Mumbai (India), Seed
Provider of software for solar project management and supply procurement
$2.31M
49/100
105th
Logo for Spark
Spark
2023, United States, Seed
AI platform streamlines due diligence and project development for renewable energy projects.
$500K
22/100
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Spark's Investments and acquisitions

Spark has made no investments or acquisitions yet.

Reports related to Spark

Here is the latest report on Spark's sector:

FAQs about Spark

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