Sparx Group Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Sparx Group Inc. - overview
Location
New York, NY, US
Primary Industry
Software
About
Based in New York, US, Sparx Group Inc. operates as a software company that offers cloud optimization solutions for legal practices and accounting firms. The company was founded by its CEO, Ricky Pati, and Niko Fotopoulos. In October 2023, Sparx Group Inc.
raised USD 3. 1 million in seed funding co-led by Drive Capital, Human Capital, Thrive Capital, and Wicklow Capital. Sparx provides a FinOps intelligence platform, which is a SaaS management platform that allows users to track and manage their SaaS usage and optimize their cloud spending. The company’s AI-powered cloud optimization engine automates cloud savings for legal practices, accounting firms, and dental offices.
The firm’s client base includes BMW, Invisalign, the National Foundation for Cancer Research, and Bill. com. The company plans to use the funds raised in October 2023 to expand its operations, further improve its products, and launch marketing and sales campaigns.
Current Investors
Thrive Capital, Drive Capital, Wicklow Capital
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Accounting/Finance Software
Website
www.usesparx.com
Verticals
Artificial Intelligence, Cloud Computing, FinTech
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.