When was Spartan founded?

Spartan was founded in 2006 and raised its 1st funding round 6 years after it was founded.

Where is Spartan located?

Spartan is headquartered in Boston, United States. It is registered at Boston, Massachusetts.

How many employees does Spartan have?

As of Aug 31, 2026, the latest employee count at Spartan is 1304.

Is Spartan a funded company?

Spartan is a funded company, having raised a total of $22.4M across 5 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Aug 20, 2012.

When was the latest funding round of Spartan?

Spartan's latest funding was a $***** Series C round on Dec 22, 2023, with participation from 0 investor.

Where does Spartan rank among its competitors?

Spartan ranks 1st amongst 873 active competitors, of which 36 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Chelsea Piers, which secured $6.13M in Jan, 2026.

Who are the top competitors of Spartan?

Spartan's top competitors include Procam International, Everton and Chelsea Piers. Among them, Chelsea Piers secured the most recent funding round in January, 2026.

Spartan - 2026 Company Profile, Team, Funding & Competitors

Q: Is Spartan an acquired company?

Spartan got acquired by Vermilion Energy on May 28, 2018.

Spartan is an acquired company based in Boston (United States), founded in 2006 by Joe DeSena. It operates as an Organizer of obstacle course races and endurance events. Spartan has raised $22.4M in funding from Raptor Group. The company has 873 active competitors, including 36 funded and 82 that have exited. Its top competitors include companies like Procam International, Everton and Chelsea Piers.

Company Details

Organizer of obstacle course races and endurance events. It offers various race formats, including sprints, super, beast, and ultra races, catering to different fitness levels and experience. Participants can compete individually or as teams, with options for kids' races also available. Beyond races, the company provides training resources, fitness certifications, and merchandise. It also facilitates team building through group race participation and offers opportunities for fundraising through race participation. The company's events are designed to challenge participants physically and mentally, fostering a sense of community and accomplishment.

Website: spartan.com
Social
Registered Address: Boston, Massachusetts

Key Metrics

Founded Year

2006

Location

Boston, United States

Stage

Acquired

Total Funding

$22.4M in 5 rounds

Latest Funding Round

Series C, Dec 22, 2023, $*****

Investors

Raptor Group & 5 more

Ranked

1^st among 873 active competitors

Employee Count

1,304 as on Aug 31, 2026

Investment & Acquisitions

Optimum & 8 more

Similar Companies

Procam International & 854 more

Exit Details

Acquired by Vermilion Energy (May 28, 2018)

View Spartan's full profile

Spartan is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SPARTAN CIN: 50103890321 , Latvia, Active	Apr 16, 2015	€0 - €1M (As on Dec 31, 2024)	17 (As on Dec 31, 2022)	-
SPARTAN RACE, INC. CIN: 273389484 , United States, Active	Dec 26, 999	-	329 (As on Dec 31, 2024)	-

Spartan got acquired by Vermilion Energy on May 28, 2018 at an acquisition amount of $*****.

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

Spartan has raised a total funding of $22.4M over 5 rounds. Its first funding round was on Aug 20, 2012. Spartan has 6 institutional investors.

Here is the list of recent funding rounds of Spartan:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 22, 2023	3738681	Series C	3068465	9931935	5651261	9202385
Jan 04, 2021	1093654	Series C	1106374	6634669	4946845	5379916
Jun 08, 2016	5867005	Series B	7247669	7998504	3140183	Hearst

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View details of Spartan's funding rounds and investors

The founders of Spartan is Joe DeSena.

Here are the details of Spartan's key team members:

Joe DeSena: Founder & CEO of Spartan.

View details of Spartan's Founder profiles and Board Members

Spartan's employee count trend

Spartan has 1,304 employees as of Aug 26. Here is Spartan's employee count trend over the years:

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Top competitors of Spartan include Procam International, Everton and Chelsea Piers. Here is the list of Top 10 competitors of Spartan, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Spartan 2006, Boston (United States), Acquired	Organizer of obstacle course races and endurance events	$22.4M	Raptor Group, Breakaway & 4 others	79/100
2nd	Procam International 1988, Mumbai (India), Early Stage	Provider of sports event management and development services	$3.38M	Florintree, Lendlease & 2 others	65/100
3rd	Everton 1878, Liverpool (United Kingdom), Acquired	Provider of event management services for sports	-	The Najafi Companies, MSP Sports Capital & 1 others	62/100
4th	Chelsea Piers 1995, New York City (United States), Series A	Provider of fitness & sports courses	$22M	-	60/100
5th	Glory 2011, Monnickendam (Netherlands), Acquired	Provider of kickboxing event services	-	Liberty Global, TwinFocus	57/100
6th	International Olympic Committee 1984, Lausanne (Switzerland), Funding Raised	Provider of sports news & event services	-	Europa	57/100
7th	Supercars 1997, Nerang (Australia), Acquired	Organizer of professional motor racing events	-	-	56/100
8th	Club Brugge 1891, Bruggen (Germany), Public	Provider of club app for booking tickets	-	Orkila Capital, Europa	55/100
9th	Minnesota Timberwolves 1989, Minneapolis (United States), Acquired	Provider of sports event management services	-	-	54/100
10th	Letour France, Unfunded	Organizer of the Tour de France cycling race	-	-	54/100

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Spartan has made 8 investments in companies including Optimum and Essential. Spartan has also acquired 1 companies including OCRWC.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Apr 17, 2025	Investments	Optimum	2024	Chelmsford (United States)
Aug 13, 2024	Investments	Essential	2023	Montreal (Canada)
Jun 06, 2024	Investments	XOCIETY	2022	South Korea