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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.
Social
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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
Ranked
Employee Count
62 as on Sep 30, 2026
Investment & Acquisitions
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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:lockFilter this list
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
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Sparkfund's founders and board of directors

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The 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:

Sparkfund's employee count trend

Sparkfund has 62 employees as of Sep 26. Here is Sparkfund's employee count trend over the years:
Employee count trend for Sparkfund
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Tala
Tala
2011, Santa Monica (United States), Series E
Provider of financial infrastructure and credit decision models
$346M
81/100
2nd
Logo for Landis+Gyr
Landis+Gyr
1896, Cham (Switzerland), Acquired
Manufacturer of electric meters and grid edge data management software
$1.03B
77/100
3rd
Logo for Metronome
Metronome
2020, San Francisco (United States), Acquired
Usage-based invoice management solutions for small businesses
$128M
73/100
4th
Logo for SPAN
SPAN
2014, San Francisco (United States), Series C
Smart energy management technology platform that modernizes residential electrical systems
$419M
73/100
5th
Logo for Sense
Sense
2013, Cambridge (United States), Series D
Smart energy platform providing real-time electricity usage insights for homes and utilities
$177M
71/100
6th
Logo for Bidgely
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
Logo for Phononic
Phononic
2009, Durham (United States), Series F
Providing solid state thermal management solutions
$230M
69/100
8th
Logo for Resideo
Resideo
2018, Wilmington (United States), Public
Provider of smart home solutions for security, air, water, and energy
-
69/100
9th
Logo for Deako
Deako
2015, Seattle (United States), Series B
Manufacturer of modular smart lighting systems and related accessories
$65.1M
68/100
10th
Logo for GridX
GridX
2010, Walnut Creek (United States), Series C
Cloud-based platform offering meter billing solutions
$68.2M
66/100
88th
Logo for Sparkfund
Sparkfund
2013, Washington, DC (United States), Series C
Subscription-based energy as a service provider
$49.9M
49/100
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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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•
Fish processing firm backed by SparkFund programmeInsider Media•Feb 08, 2022•Copernus, Sparkfund
•
Spark Fund backs FarmDrive in undisclosed dealAfrica Capital Digest•Feb 12, 2017•Sparkfund, FarmDrive
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FAQs about Sparkfund

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