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Sparq Systems
Sparq Systems designs and manufactures micro-inverters for the residential solar market
About Sparq Systems
SPARQ Systems Inc. is a pioneering company in the solar energy sector, specializing in the development and manufacturing of advanced microinverters. The company's flagship product, the Quad microinverter, is designed to reset industry standards by offering superior performance, ease of installation, and reliability. SPARQ's technology is aimed at reducing the balance of system (BOS) costs and installation times, making solar energy more accessible and cost-effective. The company serves residential, commercial, and industrial clients who are looking to optimize their solar energy systems. SPARQ operates in the renewable energy market, focusing on innovative solutions that enhance energy harvest and grid functionality. The business model revolves around selling high-efficiency microinverters and associated monitoring systems, generating revenue through direct sales and long-term service agreements. SPARQ's products are designed to be smart grid ready, featuring adjustable reactive power and built to ensure long-term stability and safety of rooftop installations. The company is headquartered in Kingston, Ontario, Canada, and is committed to delivering more power at less cost through its cutting-edge technology.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2009
- Headquarters
- Kingston, Canada
- Employees
- 21
- Open positions
- None listed
- Dealroom signal
- 40.3/100
- Industry
- Energy
- Sub-industry
- Clean Energy
- Sector
- Energy, Solar Energy, Sustainable Development Goals, Climate Tech, Renewable Energy, Hard Tech
- Business model
- Manufacturing
- Client focus
- b2b, b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| PRIVATE PLACEMENT VC✓Equity / VC | Jun 2024 | $12M | — | Undisclosed | ↗ |
| IPO✓Exit | Jun 2020 | $0 | — | Undisclosed | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Sparq Systems is 80 monthly website visits, down 96.9% over the last three months. Sparq Systems's team grew 10.5% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
ArcTern Ventures
Other known investors1 additional known investor
MaRS Investment Accelerator Fund
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Sparq Systems on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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