How Much Did Sparkcentral Raise?
Funding & Key Investors

Sparkcentral, a provider of customer experience CRM platforms, has secured significant enterprise-level funding, with its total capital raised standing at $37.6M. The company recently announced a major strategic investment of $20M, underscoring its continued growth and market position in the customer engagement technology sector. This latest financing round is expected to fuel further development and expansion of its unified customer data solutions.

What is Sparkcentral?

Sparkcentral
SoftwareCustomer Engagement Platforms

Sparkcentral operates in the customer relationship management (CRM) space, offering a platform designed to unify social, mobile, cloud, and contextual data. This enables enterprises to proactively deliver personalized customer experiences. The software is utilized by customer service teams to efficiently manage high volumes of inbound inquiries across social media and mobile channels in a structured and rapid manner. Prominent clients include major brands such as Delta Air Lines, Netflix, Nordstrom, Uber, and T-Mobile, highlighting Sparkcentral's capability to serve large-scale enterprise needs.

How much funding has Sparkcentral raised?

Sparkcentral has raised a total of $37.6M across 4 funding rounds:

2012

Other Financing Round

$1.1M

2013

Series A

$4.5M

2015

Series B

$12M

2016

Private Equity

$20M

Other Financing Round (2012): $1.1M with participation from Peter Hinssen, Social Capital, Limburgse Reconversie Maatschappij, Michaël Blockx, and Sebastien de Halleux

Series A (2013): $4.5M led by Bob Spinner and Graphite Ventures

Series B (2015): $12M supported by Split Rock Partners

Private Equity (2016): $20M featuring Jackson Square Ventures, Lrm, Group MC, and Split Rock Partners

Key Investors in Sparkcentral

Split Rock Partners

Split Rock Partners is a venture capital firm specializing in software, internet services, and healthcare companies across all development stages. They focus on cloud services, enterprise software, analytics, and marketing technology, supporting entrepreneurs in scaling their businesses.

Jackson Square Ventures

Jackson Square Ventures is a Series A investment firm focused on software and marketplace businesses, partnering with founders to build iconic companies and transform industries.

Limburgse Reconversie Maatschappij

LRM (Limburgse Reconversie Maatschappij) is a venture capital provider dedicated to supporting economic development and innovation in Limburg through smart money and business campus management.

What's next for Sparkcentral?

With substantial enterprise-level backing and a recent strategic investment, Sparkcentral is poised for accelerated growth. The company's focus on unifying customer data and enhancing customer experience positions it well within the evolving landscape of customer service technology. Future strategic initiatives are likely to involve expanding its platform capabilities, deepening integrations with enterprise systems, and potentially exploring new market segments. The consistent capital infusion suggests a strong investor confidence in Sparkcentral's business model and its ability to capture a larger share of the customer engagement market.

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Frequently Asked Questions Regarding Sparkcentral Financial Insights

What are the most recent funding rounds that Sparkcentral has completed, and what were the funding rounds?
Sparkcentral has recently completed 3 funding rounds: Private Equity on Nov 17, 2016, Series B on Jan 19, 2015, Series A on Oct 7, 2013.
What is the total amount of funding Sparkcentral has raised to date?
Sparkcentral has raised a total of $37.6M in funding to date.
How many funding rounds has Sparkcentral completed?
Sparkcentral has completed 3 funding rounds.
How much funding did Sparkcentral raise in its most recent funding round?
Sparkcentral raised $20M in its most recent funding round.
Who are the lead investors in Sparkcentral's latest funding round?
The lead investor in Sparkcentral's latest funding round was Jackson Square Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Sparkcentral's history?
The largest funding round in Sparkcentral's history was $20M.
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