When was Sparkle founded?

Sparkle was founded in 2002 and raised its 1st funding round 13 years after it was founded.

Where is Sparkle located?

Sparkle is headquartered in Rome, Italy.

How many employees does Sparkle have?

As of Jul 31, 2026, the latest employee count at Sparkle is 1023.

Is Sparkle a funded company?

Sparkle is a funded company, having raised an undisclosed amount across 22 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on 2015.

When was the latest funding round of Sparkle?

Sparkle's latest funding was a $***** Grant (prize money) round on Jan 01, 2023, with participation from 1 investor. Its primary sector is IT Services. In Italy, the IT Services sector has seen $90.5M in funding in 2026 to date.

Where does Sparkle rank among its competitors?

Sparkle ranks 441st amongst 136044 active competitors, of which 977 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Hewlett Packard Enterprise, which secured $118K in Sep, 2025.

Who are the top competitors of Sparkle?

Sparkle's top competitors include UST, IBM and Infosys. Among them, Hewlett Packard Enterprise secured the most recent funding round in September, 2025.

Sparkle - 2026 Company Profile, Team, Funding & Competitors

Q: Is Sparkle an acquired company?

Sparkle got acquired by MEF and Retelit on Feb 13, 2025.

Sparkle is an acquired company based in Rome (Italy), founded in 2002. It operates as a Provider of cloud, datacenter, and SD-WAN networking services. Sparkle has raised an undisclosed amount in funding. The company has 136044 active competitors, including 977 funded and 7702 that have exited. Its top competitors include companies like UST, IBM and Infosys.

Company Details

Website: www.tisparkle.com
Social
Phone Number: +39 **********
Part Of

Key Metrics

Founded Year

2002

Location

Rome, Italy

Stage

Acquired

Latest Funding Round

Grant (prize money), Jan 01, 2023, $*****

Investors

Europa

Ranked

441^st among 136044 active competitors

Employee Count

1,023 as on Jul 31, 2026

Similar Companies

UST & 159718 more

Exit Details

Acquired by MEF (Feb 13, 2025)

View Sparkle's full profile

Sparkle got acquired by MEF and Retelit on Feb 13, 2025 at an acquisition amount of $*****.

Click here to take a look at Sparkle's acquisition in detail

Sparkle has raised funding over 22 rounds. Its first funding round was on 2015. Its latest funding round was a Grant (prize money) round on Jan 01, 2023 for $*****. 1 investor participated in its latest round. Sparkle has 1 institutional investor.

Here is the list of recent funding rounds of Sparkle:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 01, 2023	6758403	Grant (prize money)	9880248	9090729	6038160	2658724
Nov 01, 2021	1743674	Grant (prize money)	7711818	1658809	5119450	Europa
Sep 01, 2021	1984289	Grant (prize money)	8562972	6599696	3905705	Europa

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View details of Sparkle's funding rounds and investors

Sparkle's employee count trend

Sparkle has 1,023 employees as of Jul 26. Here is Sparkle's employee count trend over the years:

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Top competitors of Sparkle include UST, IBM and Infosys. Here is the list of Top 10 competitors of Sparkle, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	UST 1999, Aliso Viejo (United States), Late Stage	Provider of data analytics, cloud modernization, management strategy, and digital transformation services	$250M	Temasek, MFAR & 1 others	76/100
2nd	IBM 1911, Armonk (United States), Public	Provider of hybrid cloud, artificial intelligence, and IT consulting services	-	Berkshire Hathaway, Runway & 22 others	76/100
3rd	Infosys 1981, Bengaluru (India), Public	Provider of consulting, data analytics, and IT services	-	Nepean Capital, Seaside Private Capital & 1 others	75/100
4th	Hewlett Packard Enterprise 2015, Houston (United States), Public	Provider of edge-to-cloud solutions, products, and services for enterprise organizations	-	Kleiner Perkins, Draper Athena & 3 others	74/100
5th	Datamatics 1975, Mumbai (India), Public	Provider of digital technologies, business process management, analytics, and automation services	$3M	IIML	73/100
6th	Happiest Minds Technologies 2011, Bengaluru (India), Public	Provider of IT suite services	$64.8M	Canaan, Trident Trust & 37 others	73/100
7th	Virtusa 1996, Westborough (United States), Acquired	IT services company	$45.2M	EQT, Back Bay Group & 8 others	73/100
8th	Mindtree 1999, Bengaluru (India), Acquired	Consulting and implementations company	$23.9M	Global Technology Ventures, Walden Israel ... & 9 others	73/100
9th	Sutherland 1986, Pittsford (United States), Late Stage	Provider of business process and technology management services	$60M	Affirma Capital, Oak Investment Partners & 3 others	73/100
10th	Accenture 1989, Dublin (Ireland), Public	Provider of IT consulting, technology, and outsourcing services	-	ngn-capital.com, Bondeinvest.com & 6 others	73/100
441st	Sparkle 2002, Rome (Italy), Acquired	Provider of cloud, datacenter, and SD-WAN networking services	-	Europa	49/100