We at FirstMark are proud to continue our partnership with Sparta, a Geneva-based leader in real-time intelligence for commodity traders, as they secure a $42M Series B to expand beyond oil and gas and evolve into a full-scale AI-powered trading platform.

The round was led by One Peak, with continued support from FirstMark and Singular.

“Today’s team-based incentives demand tools that turn isolated insights into collective alpha,” said Felipe Elink Schuurman, CEO and Co-founder of Sparta. “To maximise profits, traders need live, granular, customisable data. They also need an AI-powered operating system to analyse, visualise, collaborate, and ultimately help them build conviction.”

Founded in 2020 by former traders Felipe Elink Schuurman and Miles Moseley, Sparta was built to address the inefficiencies of commodity trading—moving traders beyond spreadsheets and fragmented data into a future of real-time insights, AI-driven analytics, and seamless collaboration.

With this funding, Sparta aims to expand into new commodities and redefine how traders, analysts, and risk managers operate—leveraging AI to unlock predictive insights, optimize forecasting, and streamline decision-making.

“This funding is not just about growth—it’s about redefining the way the industry operates,” added Schuurman. “We are building more than a platform; we are creating the intelligent infrastructure that will power the next generation of commodity trading.”

We at FirstMark are excited for what’s ahead as Sparta continues to transform the trading ecosystem with AI-driven intelligence.