Sparq - About the company
Sparq is a series B company based in San Francisco (United States), founded in 2009. It operates as an Innovative microinverter technology transforming solar energy with efficiency, reliability, and cost-effectiveness. Sparq has raised $13.9M in funding. The company has 406 active competitors, including 11 funded and 12 that have exited. Its top competitors include companies like Candi Solar, GCL and HyET group.
Company Details
Innovative microinverter technology transforming solar energy with efficiency, reliability, and cost-effectiveness. They provide cutting-edge microinverter solutions for residential, commercial, and industrial solar installations. Their proprietary Quad architecture powers four PV panels with individual MPPT, reducing installation costs. The electrolytic capacitor-free design ensures a long product life, matching PV panels. Dual-mode operation allows seamless switching between on-grid and off-grid power. They offer single-phase and three-phase microinverter product families. The company focuses on innovation, quality, and social responsibility, aiming to accelerate the transition to energy self-sufficiency. Their vision is to become a leader in microinverters, battery storage, and energy management, delivering safe, reliable, and cost-effective solutions. They are a technology company in the renewable energy sector.
Key Metrics
Founded Year
2009
Location
San Francisco, United States
Stage
Series B
Total Funding
$13.9M in 3 rounds
Latest Funding Round
Investors
Ranked
5th among 406 active competitors
Employee Count
21 as on May 31, 2026
Similar Companies
Legal entities associated with Sparq
Sparq is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SPARQ SYSTEMS (USA), INC. CIN: 5392185 , United States, Active | - | 1 (As on Dec 31, 2016) | - | |
Sparq Systems Inc. CIN: 1524534 , United States, Active | $1M - $5M (As on Jun 29, 2011) | - | - |
Sign up to download Sparq's company profile
Sparq's funding and investors
Sparq has raised a total funding of $13.9M over 3 rounds. Its first funding round was on Jun 29, 2011. Its latest funding round was a Series B round on Oct 20, 2014 for $*****. 1 investor participated in its latest round. Sparq has 4 institutional investors.
Here is the list of recent funding rounds of Sparq:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 20, 2014 | 7919747 | Series B | 4681963 | 4024310 | 4435254 | 4249689 |
Oct 24, 2013 | 7637424 | Series A | 6763260 | 5679276 | 1993741 | |
Jun 29, 2011 | 9459450 | Seed | 2420714 | 2342097 | 3033323 | 5797519 |
View details of Sparq's funding rounds and investors
Sparq's founders and board of directors
Founder? Claim ProfileSparq's employee count trend
Sparq has 21 employees as of May 26. Here is Sparq's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Sparq's Competitors and alternates
Top competitors of Sparq include Candi Solar, GCL and HyET group. Here is the list of Top 10 competitors of Sparq, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Candi Solar 2017, Zurich (Switzerland), Series C | Provider of end-to-end solar and battery solutions for businesses | $66M | 59/100 | |
2nd | Provider of clean energy, integrated energy services, and related supply chains | - | 47/100 | ||
3rd | HyET group 2008, Arnhem (Netherlands), Acquired | Developer of technologies for renewable energy, hydrogen production, and lithium batteries | - | 47/100 | |
4th | Flex-Power energy Hamburg (Germany), Acquired | Provider of renewable energy and battery trading and flexibility services | - | - | 42/100 |
5th | Sparq 2009, San Francisco (United States), Series B | Innovative microinverter technology transforming solar energy with efficiency, reliability, and cost-effectiveness | $13.9M | 41/100 | |
6th | Manufacturer of vanadium-based flow batteries for renewable energy storage solutions | $3.27M | 40/100 | ||
7th | Manufacturer of solar powered batteries and portable chargers | - | - | 39/100 | |
8th | Watt Power India, Unfunded | Provider of smart photovoltaic and energy storage solutions for various applications | - | - | 39/100 |
9th | Explorer and developer of nickel and copper mines. It focuses on ethically-sourced minerals for electric vehicle and energy storage markets. The company explores options for supplying minerals for carbon capture and sequestration, and carbon credit initiatives. Its management team comprises experienced professionals in finance, mining, and exploration. A key advisor provides extensive expertise in nickel-copper and platinum group element deposit exploration. | - | - | 39/100 | |
10th | ![]() Charge South Africa, Series A | Network of off-grid electric vehicle charging stations developer and operator | $5.6M | 39/100 |
Looking for more details on Sparq's competitors? Click here to see the top ones
Sparq's Investments and acquisitions
Sparq has made no investments or acquisitions yet.
Reports related to Sparq
Here is the latest report on Sparq's geography:
News related to Sparq
•
SPARQ receives purchase order for additional 20 MW worth of microinvertersSeeking Alpha•Aug 28, 2024•Sparq
•
•
•
Canada’s SPARQ Systems partners Reliance JioThings for microinverter manufacturing in Indiav magazine•Feb 13, 2024•Sparq, Jio
•
Canadian Investment Regulatory Organization allows trading to resume - SPRQlelezard.com•Feb 08, 2024•Sparq
•
•
•
•
SPARQ Systems launches lowest-cost, smart-grid-ready Q1200 quad microinverterGlobeNewswire•Mar 26, 2018•Sparq
•
SPARQ Systems secures $11 million to launch next generation microinverter - MaRSMaRS Discovery District•Sparq, ArcTern Ventures
Are you a Founder ?
FAQs about Sparq
Explore our recently published companies
- Keith Wolfe Casting - Lumberton based, 1996 founded, Unfunded company
- Wood Things - Gretna based, 1996 founded, Unfunded company
- Lilian Jorgenson - Mclean based, 1996 founded, Unfunded company
- Tribology Solutions - Yaphank based, 1996 founded, Unfunded company
- First Fitness - Carrollton based, 1996 founded, Unfunded company
- East Texas Web Design - Lindale based, 1995 founded, Unfunded company
