# Spark Community Investment Company

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/spark-community-investment-company

- Industry: Software
- Headquarters: Washington, US
- Website: www.sparkfund.co
- Total disclosed funding: $9.3M
- Latest round: Series B (Feb 2, 2017)
- Investors on record: 4

## About

Spark Community Investment Company specializes in facilitating the utility-led deployment of distributed energy resources (DERs), transforming buildings into integral components of the energy grid.Founded in 2013 in Washington, US, Spark Community Investment Company focuses on the deployment of distributed energy resources (DERs). The company has completed six deals, with its most recent deal occurring on March 29, 2019. The company raised USD 16.53 mn in venture funding from unspecified investors. Pier LaFarge serves as both the CEO and founder.Sparkfund’s primary offering is its Distributed Capacity Procurement (DCP) model, designed to enhance the utility-led deployment of distributed energy resources (DERs). This model enables utilities, energy companies, and building owners to manage energy capacity efficiently while addressing the demand growth in key sectors such as manufacturing and artificial intelligence. Sparkfund's proprietary platform, SparkOS, streamlines project management and financing, allowing the company to cater to a varied clientele, including major investor-owned utilities and both residential and commercial property owners across 43 states in the USA. Sparkfund's solutions are tailored to local market requirements, emphasizing sustainability and operational efficiency.Sparkfund generates revenue through project financing, DCP readiness services, and vendor participation initiatives. Transactions are primarily conducted through B2B partnerships with utility companies and energy providers, ensuring efficient DER deployment. The pricing structure accommodates diverse project sizes, allowing for customized solutions. The company has facilitated over USD 750 mn in project capital, delivering substantial energy system value across various industries.Moving forward, Spark Community Investment Company plans to expand its product offerings and geographic reach. The company is exploring new markets with an emphasis on enhancing its DCP model and introducing additional services tailored to emerging energy demands. Recent funding of USD 16.53 mn will support these initiatives, enabling Sparkfund to strengthen its project delivery capabilities and target expansion into regions where energy efficiency is becoming increasingly critical.

## Funding rounds

- Series B, Feb 2, 2017, $9.3M — Vision Ridge Partners, Alumni Ventures Group, Energy Impact Partners, Green Delta Ventures

## Investors

- Vision Ridge Partners — Series B
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series B
- Energy Impact Partners (https://capitalatlas.ai/funds/energy-impact-partners) — Series B
- Green Delta Ventures — Series B