Sparkfund - About the company
Sparkfund is a series C company based in Washington, DC (United States), founded in 2013 by Pier LaFarge, Nikko Patten, Leigh Golding DeSantis and Joe Indvik. It operates as a Subscription-based energy as a service provider. Sparkfund has raised $49.9M in funding from investors like Vision Ridge Partners, Energy Impact Partners and E8. The company has 1347 active competitors, including 227 funded and 194 that have exited. Its top competitors include companies like Tala, Landis+Gyr and Metronome.
Company Details
Subscription-based energy as a service provider. It provides subscription-based energy efficient solutions for the commercial and industrial sectors. The technology subscriptions offered by the company include a monthly payment basis provision of energy efficient solutions including HVAC, LED lighting, building control, and other technology. The OpEx payment method provided by the company covers installation, repairs, monitoring, and ongoing service, with no upfront costs. Traditional loans and leases are also provided as financial services.
- Website
- sparkfund.com
- Email ID
- *****@sparkfund.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2013
Location
Washington, DC, United States
Stage
Series C
Total Funding
$49.9M in 9 rounds
Latest Funding Round
Investors
Ranked
88th among 1347 active competitors
Employee Count
62 as on Sep 30, 2026
Legal entities associated with Sparkfund
Sparkfund is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Spark Community Investment Co. CIN: - , Belgium, Active | Nov 06, 2013 | - | - | - |
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Sparkfund's funding and investors
Sparkfund has raised a total funding of $49.9M over 9 rounds. Its first funding round was on Dec 04, 2014. Sparkfund has 8 institutional investors.
Here is the list of recent funding rounds of Sparkfund:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 08, 2020 | 5342221 | Conventional Debt | 5888601 | 9957335 | 6417687 | 4059323 |
Oct 27, 2020 | 6528232 | Conventional Debt | 5248397 | 2701678 | 6807682 | 4733881 |
Apr 11, 2019 | 1808618 | Series C | 5301296 | 5316683 | 1477139 | 6731589 |
View details of Sparkfund's funding rounds and investors
Sparkfund's founders and board of directors
Founder? Claim ProfileThe founders of Sparkfund are Pier LaFarge, Nikko Patten, Leigh Golding DeSantis and Joe Indvik. Pier LaFarge is the CEO of Sparkfund.
Here are the details of Sparkfund's key team members:
- Pier LaFarge: Founder & CEO of Sparkfund and founder of 1 other company. Contact Info: 2 email addresses
- Nikko Patten: Former Co-Founder of Sparkfund.
- Leigh Golding DeSantis: Former Co-Founder of Sparkfund.
- Joe Indvik: Former Co-Founder of Sparkfund. Contact Info: 2 email addresses
View details of Sparkfund's Founder profiles and Board Members
Sparkfund's employee count trend
Sparkfund has 62 employees as of Sep 26. Here is Sparkfund's employee count trend over the years:
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Sparkfund's Competitors and alternates
Top competitors of Sparkfund include Tala, Landis+Gyr and Metronome. Here is the list of Top 10 competitors of Sparkfund, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Tala 2011, Santa Monica (United States), Series E | Provider of financial infrastructure and credit decision models | $346M | 81/100 | |
2nd | Landis+Gyr 1896, Cham (Switzerland), Acquired | Manufacturer of electric meters and grid edge data management software | $1.03B | 77/100 | |
3rd | Metronome 2020, San Francisco (United States), Acquired | Usage-based invoice management solutions for small businesses | $128M | 73/100 | |
4th | SPAN 2014, San Francisco (United States), Series C | Smart energy management technology platform that modernizes residential electrical systems | $419M | 73/100 | |
5th | Sense 2013, Cambridge (United States), Series D | Smart energy platform providing real-time electricity usage insights for homes and utilities | $177M | 71/100 | |
6th | Bidgely 2011, Mountain View (United States), Series C | Provider of a solution for consumers to monitor and manage their household energy use | $87.7M | 70/100 | |
7th | Phononic 2009, Durham (United States), Series F | Providing solid state thermal management solutions | $230M | 69/100 | |
8th | Resideo 2018, Wilmington (United States), Public | Provider of smart home solutions for security, air, water, and energy | - | 69/100 | |
9th | Deako 2015, Seattle (United States), Series B | Manufacturer of modular smart lighting systems and related accessories | $65.1M | 68/100 | |
10th | GridX 2010, Walnut Creek (United States), Series C | Cloud-based platform offering meter billing solutions | $68.2M | 66/100 | |
88th | Sparkfund 2013, Washington, DC (United States), Series C | Subscription-based energy as a service provider | $49.9M | 49/100 |
Looking for more details on Sparkfund's competitors? Click here to see the top ones
Sparkfund's Investments and acquisitions
Sparkfund has made 2 investments in Crusoe and VirtlX. Sparkfund has not made any acquisitions as of now.Reports related to Sparkfund
Here is the latest report on Sparkfund's sector:
News related to Sparkfund
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Sparkfund Strengthens Leadership Team with Appointment of Accomplished Distributed Energy CFOBusiness Wire•Mar 18, 2025•Sparkfund
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Flared-Gas Bitcoin Miner Crusoe Energy Raises $350M Series CCoinDesk•Apr 21, 2022•Crusoe, G2 Venture Partners, SVB, Sparkfund and 2 others
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University helps software company launch business performance productTheBusinessDesk.com•Sep 04, 2020•Sparkfund, VirtlX, Rison Software
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SparkFund ready to pump a further £2.5m into regional economyBusiness Link•Jun 21, 2019•Sparkfund, SparkFund, European Innovation Council
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Sparkfund and GridPoint Partner with Shell on Subscription-Based Bundled Energy SolutionBusiness Wire•Nov 15, 2018•Sparkfund, GridPoint, Shell
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Sparkfund Launches Technology Subscription for Energy Systems Across Building Portfolios
Marketwired•Oct 10, 2017•Sparkfund
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Spark Fund backs FarmDrive in undisclosed dealAfrica Capital Digest•Feb 12, 2017•Sparkfund, FarmDrive
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citybizlist : Washington DC : SparkFund Raises $7 Million Series BCitybizlist•Feb 02, 2017•Sparkfund
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