We are excited to announce that FirstMark has led a $17.5M Series A financing in Sparta.

Founded in 2020 by two former traders, Felipe Elink Schuurman and Miles Moseley, Sparta has built a groundbreaking platform, designed to substantially increase the speed and effectiveness of commodity traders by presenting market intelligence, pricing and forecasting data in real-time, allowing users to spot trading opportunities before their competition.

As FirstMark’s Matt Turck explains “The world of financial data has been long been a fascination of mine, as four years at Bloomberg (Ventures) opened my eyes to the sheer magnitude of data and dollars involved in that industry, as well as just how incredible (and incredibly profitable) a business can be built. In the world of finance, data and analytics are an absolute must-have, especially the minute your competitors have access to it.”

Sparta has seen phenomenal growth in recent years, and we at FirstMark couldn’t be more excited for the journey ahead.

Click here to read more about FirstMark’s investment in Sparta.