Spark RE Technologies is a technology company. The company announced a $6.2M financing. Investors named in the article were Pender Ventures and BDC Capital. Spark RE plans to use the funds for U.S. and international expansion. The Vancouver Tech Journal article provided limited public details and gated additional information behind a subscription paywall. Spark is a Vancouver-based company that provides a CRM and SaaS platform for builders, developers, and real-estate sales teams focused on new-home sales. The company began as an online portal to discover luxury developments before pivoting to a product that integrates the entire lifecycle of a new property for sales and marketers. Its platform covers customer conversation, inventory tracking, contract tracking, email marketing, and event management tools. Spark currently tracks and manages close to $10 billion of inventory for its clients. The company has raised over $1 million in an open round and plans to use the funding for research and development and global expansion. CEO Simeon Garratt said the additional funding will help the company continue to provide well-designed tools to streamline clients' sales processes and improve the home-buying experience.

Total raised

$7M

Funding rounds

2

Latest round

Equity

Latest activity

Jul 2021