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Sparta

Place des Florentins 1, Genève, GE, 1204, Switzerland

Overview

Sparta is a Geneva-based provider of real-time market intelligence and analytics for global commodity traders. Its technology delivers actionable insights, price transparency, and data-driven decision-making tools to help traders stay ahead in fast-moving markets. Led by CEO Felipe Elink Schuurman, the company provides real-time market signals and forecasting capabilities. Sparta intends to evolve from a data provider into a full-scale AI-powered trading platform and to accelerate expansion beyond oil and gas. The company plans to enhance its AI-driven capabilities to identify key market signals, uncover trade patterns, and improve price and volume forecasting. Sparta recently raised funding to support that strategic expansion. Sparta builds an AI/ML-driven platform that captures non-liquid prices (physical premiums, OTC swaps, freight) from brokers and pricing analysts and converts them into forward-looking insights and predictive analytics for traders. The product combines a predictive pricing engine, a market opinion layer, and real-time data processing to help traders spot opportunities ahead of competitors. Sparta plans to expand its product coverage beyond its current focus into oil and gas products — gasoline, diesel, jet and naphtha — aiming to cover every oil and gas product by the end of next year, then enter agriculture and metals. The company intends to develop premium insights, optimize workflow processes, and build AI tools that generate forward-looking predictions and automated real-time opinion reports. Sparta operates across Geneva, London, Houston, Singapore and Madrid and plans further geographic expansion. It serves more than 70 customers globally, including Phillips 66, Chevron, Trafigura and Equinor, and recently announced a $17.5M Series A. Sparta builds a platform that breaks data silos to give traders live access to global raw prices across physical and paper markets and turns that data into actionable trading insights. It aggregates prices from futures, swaps, forward freight and physical premiums and leverages a proprietary historical dataset for predictive analytics and live arbitrage and price discovery. The platform automates manual workflows that traders previously performed in spreadsheets, saving users up to one week per month. Sparta was founded in Geneva in 2020 by former traders Miles Moseley and Felipe Elink Schuurman. A year and a half after launch it has more than 45 customers across Europe, the USA, and Asia, which the company says demonstrates product–market fit. Sparta plans to develop its analytics offering, expand beyond gasoline into all commodity asset classes, and extend its geographic reach into the Middle East and Asia.

Total raised
$66M
Funding rounds
3
Latest round
Series B
Latest activity
Feb 2025

Industries

  • Information Technology
  • Oil and Gas
  • Software
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Recent funding

  1. Series B

    Feb 2025

    $42M

  2. Series A

    Oct 2023

    $18M

  3. Series A

    Mar 2022

    $6M

Team