# Spark Health

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/spark-health

- Industry: Insurance
- Headquarters: New York, US
- Website: www.sparkadvisors.com/
- Total disclosed funding: $35M
- Latest round: Series B (Jan 23, 2024)
- Investors on record: 6

## About

Based in New York, US, and founded in 2020, Spark Health Inc. operates as an insurance company and partners with local independent agents to deliver clients a concierge experience for addressing all their retirement needs. James Jiang (CEO) and Alex Zhang are the co-founders of the company. In January 2024, Spark Health Inc. raised USD 25 million in Series B funding led by Viewpoint Ventures, including Primary Venture Partners and American Family Ventures. The series B funding values Spark Health Inc. at USD 180.29 million post-money.

The company provides a platform designed to enhance the efficiency and scalability of insurance brokerages. The firm’s platform integrates advanced technology and strategic services to support brokers in scaling their operations, improving productivity, and accelerating recruiting efforts. Spark Health's solutions include tools that streamline contracting processes, optimize agent management, and boost enrollment growth.

The organization plans to use the January 2024 funding to support the expansion of its business.

## Funding rounds

- Series B, Jan 23, 2024, $25M — Primary Venture Partners, American Family Ventures, Viewpoint
- Series A, Aug 26, 2021, $10M — Primary Venture Partners, American Family Ventures, Torch Capital, Vine Ventures
- Seed, Mar 8, 2021 — Dash Fund
- Seed, Aug 1, 2020 — Vine Ventures

## Investors

- Vine Ventures — Seed, Series A
- Dash Fund (https://capitalatlas.ai/funds/dash-fund) — Seed
- Primary Venture Partners (https://capitalatlas.ai/funds/primary-venture-partners) — Series A, Series B
- American Family Ventures (https://capitalatlas.ai/funds/american-family-ventures) — Series A, Series B
- Torch Capital (https://capitalatlas.ai/funds/torch-capital) — Series A
- Viewpoint (https://capitalatlas.ai/funds/viewpoint) — Series B