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Spark Growth Ventures

North America, California, United States, San Diego

Description

Spark Growth Ventures (SGV) is a dynamic venture capital firm headquartered in San Diego, United States, specializing in early- and mid-stage technology companies. The firm prides itself on being vertical-agnostic, demonstrating a broad interest across various tech sectors. Since its inception, SGV has rapidly established a strong reputation within the venture ecosystem, evidenced by its recognition as a 2022 Emerging 50 VC and a 2023 Top 25 Founder's Choice VC firm. These accolades highlight their growing influence and positive standing among both peers and the entrepreneurial community.

SGV's investment philosophy centers on identifying and nurturing innovative tech startups with high growth potential. They are known for their founder-friendly approach, often providing strategic guidance and operational support beyond just capital. This commitment to fostering strong relationships with entrepreneurs is a key differentiator, contributing to their "Founder's Choice" recognition. The firm actively seeks to partner with visionary teams, leveraging their network and expertise to accelerate portfolio company development and market penetration.

Spark Growth Ventures typically deploys initial capital ranging from $750,000 to $5,000,000. This range allows them to participate in a variety of rounds, from robust seed stages to more mature Series A and early Series B investments. Their portfolio spans diverse technology domains, reflecting their stated vertical-agnostic strategy. The firm's focus on early to mid-stage companies indicates a long-term commitment to their investments, aiming to support companies through critical growth phases.

The firm's strategic location in San Diego, a burgeoning tech hub, provides access to a vibrant startup ecosystem. SGV's consistent recognition as a top emerging firm underscores its effective investment strategy and its ability to identify promising ventures early. With a clear focus on technology and a strong commitment to founders, Spark Growth Ventures is positioned as a significant player in the evolving venture capital landscape.

Investor Profile

Spark Growth Ventures has backed more than 54 startups, with 9 new investments in the last 12 months alone. The firm has led 15 rounds, about 28% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Series B, Seed rounds (top funding stages).
  • Majority of deals are located in United States, India, United Kingdom.
  • Strong thematic focus on Health Care, Software, Artificial Intelligence (AI).
  • Led 1 rounds in the past year.
  • Typical check size: $750K – $5M.

Stage Focus

  • Series Unknown (22%)
  • Series B (19%)
  • Seed (13%)
  • Series A (11%)
  • Convertible Note (9%)
  • Series C (7%)
  • Private Equity (7%)
  • Undisclosed (6%)
  • Pre Seed (4%)
  • Secondary Market (2%)

Country Focus

  • United States (87%)
  • India (9%)
  • United Kingdom (4%)

Industry Focus

  • Health Care
  • Software
  • Artificial Intelligence (Ai)
  • Machine Learning
  • Saas
  • Health Diagnostics
  • Medical
  • Payments
  • Wellness
  • Medical Device
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Spark Growth Ventures frequently co-invest with?

Zeal Capital Partners
North America, District of Columbia, United States, Washington
Co-Investments: 2
Drive Capital
North America, Ohio, United States, Columbus
Co-Investments: 2
Blueprint Health
North America, New York, United States, New York
Co-Investments: 1
Rock Creek Capital
North America, Florida, United States, Jacksonville
Co-Investments: 1
Blackbrook Management Group
North America, Utah, United States, Salt Lake City
Co-Investments: 1
Ceros Capital Markets
North America, Florida, United States, Miami
Co-Investments: 1
LeapFrog Investments
Africa, NA - South Africa, South Africa, Johannesburg
Co-Investments: 2
HealthQuad
Asia, Delhi, India, New Delhi
Co-Investments: 2
JBV Capital
North America, California, United States, San Francisco
Co-Investments: 3
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 2

Which angels does Spark Growth Ventures often collaborate with?

JG
North America, Oregon, United States, Hood River
Shared Deals: 1
J.M. Schapiro
North America, Maryland, United States, Owings Mills
Shared Deals: 1
LG
North America, California, United States, San Francisco
Shared Deals: 1
AB
North America, California, United States, San Diego
Shared Deals: 1
Daniel Klein
North America, Maryland, United States, Owings Mills
Shared Deals: 1
PS
North America, Washington, United States, Seattle
Shared Deals: 1
JH
North America, California, United States, San Diego
Shared Deals: 1
JK
North America, California, United States, Los Angeles
Shared Deals: 1
EB
North America, California, United States, Los Angeles
Shared Deals: 1
JB
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Spark Growth Ventures?

Humanly.io

Seattle, Washington, United States

Humanly.io is a conversational AI that engages with every single candidate.

Artificial Intelligence (AI)Human ResourcesMachine LearningRecruitingSaaSSoftware
Series AMay 9, 2025
Amount Raised: $7,000,000
Luna

Menlo Park, California, United States

Luna is an on-demand physical therapy provider.

AppsFitnessHealth CareWellness
Series CMay 2, 2025
Rain

Nashville, Tennessee, United States

Rain offers early wage access and financial wellness benefit for mid-market to enterprise employers.

Employee BenefitsFinancial ServicesFinTechPayments
Series BApr 8, 2025
Amount Raised: $75,000,000
Skeps

New York, New York, United States

Next generation Pay-Over-Time solutions for merchants and lenders.

Financial ServicesFinTech
Series BMar 5, 2025
Splitero

San Diego, California, United States

Splitero provides homeowners with options to access home equity without new debt or additional monthly payments.

FinanceFinancial ServicesPayments
UndisclosedDec 13, 2024
Redcliffe Labs

Noida, Uttar Pradesh, India

Redcliffe is a diagnostics service provider that offers radiology and pathology services.

Emergency MedicineHealth CareHealth DiagnosticsLife ScienceMedical
Series CSep 17, 2024
Amount Raised: $42,000,000
Promaxo

Oakland, California, United States

Promaxo is commercializing customer-centric MRI systems and robotic guidance tools for live diagnosis and treatment in a physician's office.

Health CareHealth DiagnosticsMachine LearningMedical DeviceTherapeutics
Series UnknownAug 24, 2024
Astra Holding Group

London, England, United Kingdom

We acquire exceptional British small-medium businesses.

IndustrialIndustrial Manufacturing
Private EquityAug 8, 2024
Astra Holding Group

London, England, United Kingdom

We acquire exceptional British small-medium businesses.

IndustrialIndustrial Manufacturing
Private EquityAug 6, 2024
ARC Health

Beachwood, Ohio, United States

ARC Health is a premier group of mental healthcare company.

Health CareHealth DiagnosticsMental HealthWellness
Private EquityMay 24, 2024