# Sparta Commodities

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sparta-commodities

- Industry: Software
- Headquarters: Geneva, Switzerland
- Website: www.spartacommodities.com
- Total disclosed funding: $66M
- Latest round: Series B (Feb 24, 2025)
- Investors on record: 3

## About

Based in Geneva, Switzerland, and founded in 2020, Sparta Commodities SA transforms raw data into trading insights. The company was co-founded by its CEO Felipe Elink Schuurman and COO Miles Moseley. The company operates as a technology software provider, which focuses on commodity trading. The company's product is sold on a subscription base. In 2020, the CPO of the company, Luis Ibanez, came into force. In February 2024, Sparta Commodities SA raised USD 42 million in series B funding led by new investor One Peak, with participation from returning investors Singular and FirstMark Capital. The company plans to utilize the February 2025 funding to expand its AI-powered trading platform beyond oil and gas, evolving from a data provider into a comprehensive solution that enables real-time insights, collaboration, and decision-making for commodity traders.

## Funding rounds

- Series B, Feb 24, 2025, $42M — FirstMark Capital, One Peak, Singular
- Series A, Oct 3, 2023, $18M — FirstMark Capital, Singular
- Series A, Mar 22, 2022, $6M — Singular

## Investors

- Singular (https://capitalatlas.ai/funds/singular) — Series A, Series B
- FirstMark Capital (https://capitalatlas.ai/funds/firstmark-capital) — Series A, Series B
- One Peak (https://capitalatlas.ai/funds/one-peak) — Series B