COMPANY PROFILE

SparkPlus

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SparkPlus is a co-working space operator

Seoul, South KoreaFounded 2016eCommerce & Marketplaces

Valuation $100–250M Last recorded · 2019

Revenue $1–10M Latest reported FY

Headcount 100–500 Current team size

Total funding $50–100M Disclosed equity funding

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About SparkPlus

SparkPlus is a South Korean company that provides coworking spaces and customized office solutions for a variety of clients, from freelancers and startups to large corporations. The company operates a network of branches in major business districts of Seoul, offering services such as private offices, open coworking desks, virtual offices, and meeting rooms. SparkPlus differentiates itself by focusing on creating a startup ecosystem, providing not just physical space but also a range of business support services and networking opportunities. Their business model is based on flexible membership fees, catering to the diverse needs of their clients. This includes monthly contracts for hot desks and dedicated spaces, as well as tailored solutions for larger enterprise clients. By doing so, SparkPlus aims to be a comprehensive platform for business growth, fostering a community of innovators and entrepreneurs.

MoreLess Source: Dealroom company data

At a glance

Status: Operational
Founded: 2016
Headquarters: Seoul, South Korea
Employees: 111
Open positions: None listed
Dealroom signal: 75.7/100
Industry: Real Estate
Sub-industry: Workspaces
Sector: eCommerce & Marketplaces
Business model: Marketplace & ecommerce
Client focus: b2c
Links: Website LinkedIn

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Funding history

3 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
LATE VCOther financing	May 2021	$17M	$67M	SK Telecom · Aju Hotels & Resorts · Mirae Asset	—
SERIES BOther financing	Dec 2019	$25M	$101M	Aju IB Investment · Wooshin Venture Investment · STIC Ventures · Aju Hotels & Resorts	—

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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

Year	Revenue	Growth
2026
2025
2024
2023
2022
2021
2020		—

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Growth signals

SparkPlus website traffic

Latest recorded traffic for SparkPlus is 3.5K monthly website visits, down 22.2% over the last three months. SparkPlus's team grew 0.9% over the past year.

Latest monthly visits3.5K 3-month web change-22.2% 1-year team growth+0.9%

Monthly website visitsOct 2020–Jul 2026

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