Spark Advisors
VerifiedUSD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 52 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | $0.0 | round |
N/A | $0.0 | round | |
investor investor investor | $0.0 | round | |
N/A | $0.0 | round | |
investor | $0.0 | round | |
investor investor investor | $0.0 | round | |
* | $25.0m | Series B | |
Total Funding | 000k |
Related Content
Recent News about Spark Advisors
EditSpark Advisors is a modern platform designed to revolutionize the insurance brokerage industry. The company provides a comprehensive suite of tools and services that enable insurance businesses to scale up their operations efficiently and cost-effectively. Its primary market is the insurance brokerage industry, with a specific focus on health plan markets.
Spark Advisors' business model is centered on providing technology and data solutions that help insurance brokers increase their productivity, accelerate their recruiting processes, and scale their operations effortlessly. The company's platform offers features such as contracting and licensing, which have been reported to save users over 40 hours a week. This indicates that Spark Advisors operates on a Software as a Service (SaaS) model, where clients pay a subscription fee to access the platform and its features.
The company has been successful in establishing strategic partnerships with brokers since 2021, leading to significant growth in enrollments per agent and contracted agents for agencies. This suggests that Spark Advisors generates revenue through these partnerships, likely by charging a fee for each new enrollment or contracted agent.
In summary, Spark Advisors is a technology-driven company that provides a platform for insurance brokers to streamline their operations and scale their businesses. The company operates in the insurance brokerage market, serving clients with its SaaS platform and strategic partnerships.
Keywords: Insurance Brokerage, Technology, Data Solutions, SaaS, Productivity, Recruiting, Scale, Contracting, Licensing, Strategic Partnerships.