Spark

Overview

Spark is a capital allocation protocol in the Sky ecosystem that deploys stablecoin reserves across lending markets and tokenised treasuries. It runs a savings product and a liquidity layer that channels billions of dollars into on-chain and real-world yield. The protocol operates as the main allocation arm for Sky's stablecoin reserves.

Funding and backers

Total raised
$75k
1 round on record
Latest round
$75k
Venture round · May 2016 · 10 yr ago
The money's age
Long since its last round
125 months since the last round · not hiring
Momentum
0/100
no fresh signals
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
2023 Founded May 20, 2016 Raised a round Venture round $75k · SEC Form D
Tractionpublic signals, read monthly
Web presence
top 7%
of 133.2M domains by links, Common Crawl
GitHub stars
536 ★
40 public repositories
Funding rounds
RoundDateAmountInvestorsSource
Venture round May 2016 $75k — SEC Form D
Registers and programsofficial lists and records that name the company
Legal entity Spark Finance, Inc. SEC Form D
Founders and leadersfrom filings, registers and the company's site
Jason PangExecutive Officer, DirectorSEC Form D
Investors in similar startupsfunds that back the companies most like this one
Alliance
backs Acala, Lulo, Sugar New York, USA
Andreessen Horowitz
backs Compound
Abstract Ventures
backs Compound
South Park Commons
backs Compound
TQ Ventures
backs Acala
Standard Crypto
backs Instadapp
Similar startupsby what they do, their industry and backers
Dimension CreditFounded 2019
Dimension Credit is a software company that produces a private credit fund. Capital allocation follows a proprietary model, not…
Treva
Treva is the capital allocation layer that turns retail media and CRM spend into incremental profit. Built for retailers and CPGs who…
CompoundVenture round $33.1M · 7 yr ago
The global market for capital. Connecting suppliers and borrowers through secure and transparent lending markets.
Sugar New York, USA
Liquidity for fintechs for pre-funding and reserves.
TurtleFounded 2023
Turtle is a liquidity distribution protocol that connects DeFi protocols with liquidity providers through curated, risk-screened, on-chain…
InstadappVenture round $10M · 5 yr ago · Founded 2018 · 11-50 employees
Instadapp is a decentralised finance infrastructure company founded in 2018 with origins in India. It provides a smart account layer that…

Financials

Total raised
$75k
Latest round
Venture - Series Unknown
Funding rounds
1
Funding rounds
Round Announced Amount
Venture - Series Unknown 2016 $75k Details

People

Jason Pang
Executive Officer, Director
SEC Form D
Names and roles come from public filings, company registers and the company's own site. Is this you? Correct or remove · How we handle this data

Offices

Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
San Diego United States
HQ