# SparkCharge

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sparkcharge

- Industry: Energy Storage & Batteries
- Headquarters: Somerville, US
- Website: www.sparkcharge.io
- Total disclosed funding: $47M
- Latest round: Series A (May 20, 2025)
- Investors on record: 13

## About

Based in Massachusetts, US, and founded in 2017 by Josh Aviv (CEO), SparkCharge, Inc., aka SparkCharge, operates as a provider of charging as a service platform for charging electric vehicles through DC fast charger. The company has offices in Los Angeles, San Francisco, San Jose, and Dallas. In May 2022, SparkCharge, Inc. raised USD 23 million in series A funding co-led by new investors Pendulum Holdings and Tale Venture Partners. In May 2025, SparkCharge, Inc. raised USD 8 million in series A funding led by new investor Monte’s Fam, with participation from other new investors Collab Capital, Elemental Impact, and Non Sibi Ventures. Returning investors MarcyPen Capital Partners and Cleveland Avenue also participated in the round. The round was part of a larger USD 30.5 million in series A and venture debt funding. SparkCharge offers electric vehicle charging systems and charging services for fleets, roadside, OEMs, events, utilities, and on-demand. The firm also offers a mobile application currently for easier charging of electric vehicles. The company intends to use the funds raised in May 2025 for market expansion to expand charging-as-a-service operations, deploy mobile charging units, and support fleet customers with off-grid and transitional charging solutions.

## Funding rounds

- Series A, May 20, 2025, $16M — Elemental Impact, Cleveland Avenue, Collab Capital, MarcyPen Capital Partners, Non Sibi Ventures, Monte's Fam
- Series A, Aug 30, 2022, $7M — Cleveland Avenue
- Series A, Nov 9, 2021, $21M — Silicon Valley Bank, Revolution Ventures, Mark Cuban Companies, MarcyPen Capital Partners, Tale Venture Partners
- Seed, Apr 11, 2020, $3.3M — PJC, M&T Bank, Revolution Ventures, PEAK6 Investments

## Investors

- PJC (https://capitalatlas.ai/funds/pjc) — Seed
- M&T Bank — Seed
- Revolution Ventures (https://capitalatlas.ai/funds/revolution-ventures) — Seed, Series A
- PEAK6 Investments (https://capitalatlas.ai/funds/peak6-investments) — Seed
- Silicon Valley Bank — Series A
- Mark Cuban Companies — Series A
- MarcyPen Capital Partners (https://capitalatlas.ai/funds/marcypen-capital-partners) — Series A
- Tale Venture Partners (https://capitalatlas.ai/funds/tale-venture-partners) — Series A
- Cleveland Avenue (https://capitalatlas.ai/funds/cleveland-avenue) — Series A
- Elemental Impact (https://capitalatlas.ai/funds/elemental-impact) — Series A
- Collab Capital (https://capitalatlas.ai/funds/collab-capital) — Series A
- Non Sibi Ventures (https://capitalatlas.ai/funds/non-sibi-ventures) — Series A
- Monte's Fam — Series A