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Sparkfund operates a platform and financing model in the energy-as-a-service (EaaS) market, helping commercial and industrial customers upgrade energy infrastructure such as HVAC, lighting, and electric vehicle charging through a subscription plan. Instead of paying upfront, clients enter a recurring payment that covers the technology, installation, and ongoing maintenance. The company’s Lens platform connects utilities, energy service companies (ESCOs), and manufacturers, streamlining the end-to-end process of identifying, developing, financing, and implementing EaaS projects so partners can offer subscription-based energy solutions to their customers. Sparkfund generates revenue by taking a portion of the subscription payments from projects it facilitates. Its goal is to expand access to energy efficiency and decarbonization by removing upfront capital barriers and enabling scalable deployment of sustainable infrastructure.
Industries
Energy
Enterprise Software
Financial Services
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$29.6M
Headquarters
Washington DC, District of Columbia
Founded
2013
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Total Funding
$29.6M
Below
Industry Average
Funded Over
4 Rounds
Health Insurance
Vision Insurance
Dental Insurance
Disability Insurance
Life Insurance
Flexible Vacation Policy
Paid Holidays
12 weeks gender-neutral paid leave for caregivers
4 weeks paid leave for birthing parents
A one-time, work-from-home stipend
Phone/Internet Stipend
LAGO Innovation Fund has facilitated a $15 million investment in Sparkfund, a company specializing in energy transition management for utilities and building owners. Sparkfund, known for its role in reducing operating costs and enhancing building resilience, has completed over 3,000 clean energy projects across 48 states. This partnership aims to expand Sparkfund's impact in the energy sector.
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Industries
Energy
Enterprise Software
Financial Services
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$29.6M
Headquarters
Washington DC, District of Columbia
Founded
2013
Find jobs on Simplify and start your career today