SPARK Schools logo

SPARK Schools

Operating

SPARK Schools is a South African network of affordable private schools implementing blended learning model for primary school students.

Updated Source: SLA Startup IndexHow we verify →
Total raised
$20.7M
disclosed
Last round
Series C
Rounds
4
since 2012
Investors
6
on record
Employees
1001-5000

SPARK Schools funding and investors

SPARK Schools has raised $20.7M across 4 disclosed rounds. The latest is a Series C announced 09 Feb 2021, led by Creadev.

Lead investors
2
Largest round
$9M
Average round
$6.9M
disclosed rounds
Round cadence
27 mo
average gap
Capital growthrunning total of disclosed rounds
  1. $2.7MSeries ASeries A, $2.7M, $2.7M raised to date
  2. $9MSeries BSeries B, $9M, $11.7M raised to date
  3. $9MSeries BSeries B, $9M, $20.7M raised to date

SLA Funding Index · grey is capital raised before each round · 1 undisclosed round not drawn

SPARK Schools funding rounds4 · newest first

  1. Series CUndisclosed

    09 Feb 2021 · led by Creadev

  2. Series B$9M

    09 Jan 2019 · led by Omidyar Network

  3. Series B$9M

    19 Oct 2016 · led by Omidyar Network

  4. Series A$2.7M

    20 May 2014

Investors in SPARK Schools6 · leads first

InvestorRoleFirst
Omidyar NetworkVenture CapitalLead in all 2Oct 2016
CreadevLeadFeb 2021
Pearson Affordable Learning Fund (PALF)Private EquityParticipantOct 2016
PearsonPrivate EquityParticipantMay 2014
Imaginable FuturesPrivate EquityParticipantFeb 2021
FinnfundVenture CapitalParticipantFeb 2021

Frequently asked about SPARK Schools

How much funding has SPARK Schools raised?
SPARK Schools has raised $21M across 4 disclosed rounds. Its latest, a Series C, was announced on Feb 09, 2021.
Who has invested in SPARK Schools?
Backers include Creadev, Imaginable Futures, Finnfund, Omidyar Network and 2 others.

Profile updated Source: SLA Startup IndexHow we count →