Spark Insights Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 4

Employees

  • Latest Deal Type
  • M&A

Spark Insights General Information

Description

Developer of artificial intelligence-based analytics platform designed to make insurance decisions. The company's platform uses smart data and remote sensing to provide risk assessment, underwriting, and claims automation, enabling the insurance industry to achieve efficient claims management and improved policyholder experience.

Contact Information

Website
www.sparkinsights.co
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 211 Congress Street
  • Suite 820
  • Boston, MA 02110
  • United States
Primary Industry
Business/Productivity Software
Acquirer
Concirrus
Vertical(s)
Big Data, Artificial Intelligence & Machine Learning, InsurTech, FinTech
Corporate Office
  • 211 Congress Street
  • Suite 820
  • Boston, MA 02110
  • United States

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Spark Insights Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Merger/Acquisition 01-Nov-2021 Completed Generating Revenue
2. Early Stage VC 01-Jan-2021 Cancelled Generating Revenue
1. Seed Round 01-Apr-2019 $3.2M $3.2M Completed Generating Revenue
To view Spark Insights’s complete valuation and funding history, request access »

Spark Insights Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of artificial intelligence-based analytics platform designed to make insurance decisions. The company's platfo
Business/Productivity Software
Boston, MA
4 As of 2022

Palo Alto, CA
 

Cary, NC
 
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Spark Insights Competitors (34)

One of Spark Insights’s 34 competitors is Yewno, a Venture Capital-Backed company based in Palo Alto, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Yewno Venture Capital-Backed Palo Alto, CA
SAS Failed Transaction (M&A) Cary, NC
Alteryx Private Equity-Backed Irvine, CA
Tinosys Corporation Sugar Land, TX
Biboard Software Formerly VC-backed Vaulx-Milieu, France
You’re viewing 5 of 34 competitors. Get the full list »

Spark Insights Patents

  • 4

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • Pending

  • Expiring in next 12 mo

Spark Insights Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
WO-2022169679-A1 Damage detection and image alignment based on polygonal representation of objects Inactive 03-Feb-2021
WO-2022120000-A1 Damage detection based on damage-index data Inactive 02-Dec-2020
WO-2022120000-A8 Damage detection based on damage-index data Inactive 02-Dec-2020
WO-2022055795-A1 Damage detection based on images with varying resolutions Inactive 11-Sep-2020 G06T7/33

Spark Insights Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Spark Insights Former Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds
Allied Minds Venture Capital Minority
To view Spark Insights’s complete investors history, request access »

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Spark Insights FAQs

  • When was Spark Insights founded?

    Spark Insights was founded in 2018.

  • Where is Spark Insights headquartered?

    Spark Insights is headquartered in Boston, MA.

  • What is the size of Spark Insights?

    Spark Insights has 4 total employees.

  • What industry is Spark Insights in?

    Spark Insights’s primary industry is Business/Productivity Software.

  • Is Spark Insights a private or public company?

    Spark Insights is a Private company.

  • What is Spark Insights’s current revenue?

    The current revenue for Spark Insights is .

  • How much funding has Spark Insights raised over time?

    Spark Insights has raised $3.2M.

  • Who are Spark Insights’s investors?

    Allied Minds has invested in Spark Insights.

  • Who are Spark Insights’s competitors?

    Yewno, SAS, Alteryx, Tinosys, and Biboard Software are some of the 34 competitors of Spark Insights.

  • When was Spark Insights acquired?

    Spark Insights was acquired on 01-Nov-2021.

  • Who acquired Spark Insights?

    Spark Insights was acquired by Concirrus.

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