# ProSpark.co

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/prospark-co

- Industry: Education/Training
- Headquarters: Bangkok, Thailand
- Website: www.prospark.co
- Total disclosed funding: $0.8M
- Latest round: Seed (Aug 8, 2023)
- Investors on record: 7

## About

ProSpark.co is a technology company focused on developing innovative software solutions that enhance operational efficiency for businesses across various sectors. Its offerings streamline workflows and improve collaboration.Founded in 2016 in Bangkok, Thailand, ProSpark.co specializes in creating software applications that address operational challenges in industries such as technology, finance, and healthcare. The company has engaged in two deals, with its most recent funding round occurring on August 8, 2023, during which it raised USD 0.82 mn in Seed funding led by AC Ventures. Alfa Bumhira and Subash Gopinathan are the founders of the company, with Alfa Bumhira also serving as CEO.ProSpark specializes in innovative technology solutions designed to enhance operational efficiencies across various industries. The company's core product offerings include a suite of software applications aimed at streamlining workflow processes, improving data management, and facilitating real-time collaboration among teams. These applications are tailored to address specific challenges faced by businesses, such as optimizing resource allocation and enhancing project visibility. ProSpark's solutions are primarily utilized by organizations in sectors such as technology, finance, and healthcare, serving a diverse client base that includes small to medium-sized enterprises as well as larger corporations. Geographically, the company markets its products in North America and select regions in Europe, focusing on areas with a high demand for digital transformation.ProSpark generates revenue through a subscription-based model, allowing clients to access its software services for a recurring fee. Customers typically engage in annual subscriptions, which provide them with ongoing updates and support for their software solutions. The transaction structure is primarily B2B, with the company establishing partnerships with businesses that require scalable software applications to enhance their operations. Flagship products that contribute to the revenue streams include their flagship workflow management application, which is particularly popular among mid-sized enterprises. Pricing plans are structured to accommodate various business sizes, ensuring flexibility for clients while driving steady revenue growth for ProSpark.In August 2023, ProSpark.co raised USD 0.824 mn in Seed funding, which will be utilized to expand its commercial footprint, enhance its technology infrastructure, and solidify its market position. The company is focusing on launching new products designed to further streamline operational efficiencies, with plans to enter new markets in North America and Europe by the end of 2024.

## Funding rounds

- Seed, Aug 8, 2023, $0.8M — 500 Global, Monk's Hill Ventures, Agaeti Venture Capital, Assembly Capital Partners, AC Ventures, Azure Investment Partners, Prasetia Dwidharma

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Monk's Hill Ventures (https://capitalatlas.ai/funds/monk-s-hill-ventures) — Seed
- Agaeti Venture Capital (https://capitalatlas.ai/funds/agaeti-venture-capital) — Seed
- Assembly Capital Partners (https://capitalatlas.ai/funds/assembly-capital-partners) — Seed
- AC Ventures — Seed
- Azure Investment Partners (https://capitalatlas.ai/funds/azure-investment-partners) — Seed
- Prasetia Dwidharma (https://capitalatlas.ai/funds/prasetia-dwidharma) — Seed