Spark Growth Ventures

Spark Growth Ventures, founded in 2020 and based in San Diego, California, is a venture capital firm that focuses on early-stage investments across various technology sectors, including software-enabled products and services, B2B, B2C, and hardware-as-a-service. The firm is dedicated to supporting exceptional founders by leveraging a robust global network of entrepreneurs, industry experts, institutional investors, and high-net-worth individuals. With a team possessing extensive experience in venture capital, entrepreneurship, and advisory roles, Spark Growth Ventures aims to create long-term value for both startups and investors. Their approach emphasizes active participation in the growth of their portfolio companies, providing support in areas such as sales, operations, fundraising, and exit planning. The firm values authenticity, collaboration, and integrity, striving to ensure that all stakeholders benefit from their business practices.

Hem Suri

Founder and Managing Partner

34 past transactions

Promaxo

Venture Round in 2023
Promaxo, Inc. is a medical technology company based in Oakland, California, that specializes in developing portable magnetic resonance imaging (MRI) systems specifically designed for prostate cancer management. The company manufactures an innovative MRI device that offers high cellular spatial resolution and integrates real-time targeted biopsy and treatment tools tailored for the urology market. Promaxo's system features a compact design with a magnet cart that includes gradient coils and radiofrequency components, allowing for efficient monitoring and scanning in a clinical setting. Additionally, the company is working on MRI-compatible robotics and machine learning technologies, supported by over 55 patents. Their product pipeline includes disposables and an AI-based tissue characterization system, aiming to enhance patient care and redefine diagnostic standards. Promaxo was incorporated in 2016 and continues to focus on advancing medical imaging technologies.

PathologyWatch

Convertible Note in 2023
Pathology Watch Inc. is a company based in Salt Lake City, Utah, that specializes in remote specimen interpretation services for hospitals, laboratories, and dermatology centers through its digital pathology platform. Established in 2017, it collaborates with dermatopathologists and subspecialized pathologists to interpret digital slides, pathology reports, and biopsy samples. The company's telepathology services facilitate improved workflows for large clinics and hospitals, enhancing the efficiency of diagnosing skin cancer and other conditions. By digitizing the pathology workflow, Pathology Watch aims to elevate patient care quality, reduce operational costs, and create new revenue opportunities for healthcare providers. Its platform integrates seamlessly with existing electronic medical records, optimizing clinical decision-making and patient management.

Splitero

Series A in 2023
Splitero is to provide homeowners with better options to access home equity without new debt or additional monthly payments.

Luna

Series B in 2022
Physical therapy is powerful—for developing strength, managing emerging conditions, or recovering from surgery. But it’s challenging for physical therapy to make a significant clinical impact because therapists and patients are worn out. Traditional physical therapy leaves more than 50% of therapists suffering from work-related pain and 70% of patients failing to complete their course of care. On both sides of the therapy table, people need better support. At Luna, they’re designing a practice that gives therapists and patients the independence, control, and motivation they need to feel meaningful relief.

Nutr

Seed Round in 2022
Nutr is a lifestyle and wellness brand focused on creating innovative kitchen appliances, specifically a nut milk maker. The Nutr Machine allows consumers to prepare their own plant-based milk quickly and easily, requiring just nuts and water. This sleek and compact device is designed for versatility, enabling users to create a range of beverages, including various nut and plant-based milks, coffee creamers, hot drinks, and smoothies. By simplifying the process of making plant-based milk at home, Nutr caters to the growing demand for healthier, homemade alternatives in the beverage market.

tab32

Funding Round in 2022
tab32 is a leading provider of cloud-based dental electronic health record (EHR) software and dental practice management systems (PMS). The platform is designed to be user-friendly, allowing dental practitioners to quickly implement its features. It offers a comprehensive suite of tools to manage essential aspects of dental practices, including demographics, scheduling, charting, insurance processing, ledgers, and reporting. By focusing on the needs of patients and dental providers, tab32 enhances the overall patient experience throughout the care continuum, making it a valuable resource for dental professionals looking to streamline their operations and improve patient care.

Luna

Series B in 2022
Physical therapy is powerful—for developing strength, managing emerging conditions, or recovering from surgery. But it’s challenging for physical therapy to make a significant clinical impact because therapists and patients are worn out. Traditional physical therapy leaves more than 50% of therapists suffering from work-related pain and 70% of patients failing to complete their course of care. On both sides of the therapy table, people need better support. At Luna, they’re designing a practice that gives therapists and patients the independence, control, and motivation they need to feel meaningful relief.

Redcliffe Labs

Series B in 2022
Redcliffe LifetechRedcliffe Lifesciences specializes in reproductive health testing, rare diseases, and cancer genetic diagnostics. The company offers a wide range of advanced products and services for healthcare companies, research institutions, and other public and private partnerships, such as testing using molecular and gene-based diagnostics, therapeutic molecules and advanced therapies, next-generation sequencing, and all bioinformatics services.

The Good Face Project

Seed Round in 2022
The Good Face Project, Inc. operates a cosmetic product review platform that offers transparency regarding the safety and efficacy of beauty products. Founded in 2017 and based in La Jolla, California, the company utilizes a data-driven Clean Beauty Index and an AI-powered personalization engine to analyze product labels and screen ingredients for efficacy and toxicity. This approach allows consumers to receive tailored skincare recommendations. Additionally, The Good Face Project provides a subscription service that helps users discover products and brands that suit their individual needs. The company also collaborates with beauty retailers to enhance the in-store consultation experience. In summary, The Good Face Project is committed to empowering consumers with knowledge about cosmetic products while promoting safe and effective ingredient use in the beauty industry.

FidoCure

Funding Round in 2022
The One Health Company is a social impact company that brings precision medicine, used in humans, to dogs with cancer. It started by offering dogs with cancer access to cutting edge human clinical trials at no cost. Then, they created FidoCure directly for veterinarians and pet parents to offer treatment options to more dogs across the country. The company built partnerships with the world's top cancer researchers and a network of 111 of the best veterinary hospitals.

iCoin

Funding Round in 2022
iCoin Technology, based in Campbell, California, develops essential products for creating and interacting with blockchain-based applications. The company specializes in a cold storage digital currency wallet that enhances security for users engaging with blockchain technology. This wallet generates cryptographically secure random entropy, allowing users to manage their accounts, sign transactions, and support secure Bluetooth communications. Additionally, it includes features to prevent unauthorized software upgrades and firmware modifications, as well as seed-based recovery options to facilitate the import of blockchain data necessary for transaction construction. Through these innovations, iCoin Technology aims to provide clients with a secure and efficient means of managing their digital assets.

Redcliffe Labs

Series A in 2022
Redcliffe LifetechRedcliffe Lifesciences specializes in reproductive health testing, rare diseases, and cancer genetic diagnostics. The company offers a wide range of advanced products and services for healthcare companies, research institutions, and other public and private partnerships, such as testing using molecular and gene-based diagnostics, therapeutic molecules and advanced therapies, next-generation sequencing, and all bioinformatics services.

Placer.ai

Series C in 2022
Placer.ai offers a traffic analytics platform that allows anyone with a stake in the physical world to instantly generate insights into any property for a deeper understanding of the factors that drive success. Its platform also empowers professionals in retail, commercial real estate, hospitality, and economic development. Placer.ai was founded in 2016 and headquartered in Los Altos, California.

Outsite

Seed Round in 2021
Outsite, Inc. is a company that operates a network of work and play accommodations designed for entrepreneurs, business travelers, and digital nomads seeking alternatives to traditional hotels and conference facilities. Founded in 2015 and based in Santa Cruz, California, Outsite has expanded its presence to locations including San Diego and Lake Tahoe. The accommodations feature creative co-working spaces equipped with Wi-Fi, allowing guests to work productively while enjoying recreational activities such as surfing, skiing, and biking. Additionally, Outsite promotes innovative networking opportunities aimed at fostering meaningful collaborations among its community of users.

PathologyWatch

Series B in 2021
Pathology Watch Inc. is a company based in Salt Lake City, Utah, that specializes in remote specimen interpretation services for hospitals, laboratories, and dermatology centers through its digital pathology platform. Established in 2017, it collaborates with dermatopathologists and subspecialized pathologists to interpret digital slides, pathology reports, and biopsy samples. The company's telepathology services facilitate improved workflows for large clinics and hospitals, enhancing the efficiency of diagnosing skin cancer and other conditions. By digitizing the pathology workflow, Pathology Watch aims to elevate patient care quality, reduce operational costs, and create new revenue opportunities for healthcare providers. Its platform integrates seamlessly with existing electronic medical records, optimizing clinical decision-making and patient management.

PathologyWatch

Series B in 2021
Pathology Watch Inc. is a company based in Salt Lake City, Utah, that specializes in remote specimen interpretation services for hospitals, laboratories, and dermatology centers through its digital pathology platform. Established in 2017, it collaborates with dermatopathologists and subspecialized pathologists to interpret digital slides, pathology reports, and biopsy samples. The company's telepathology services facilitate improved workflows for large clinics and hospitals, enhancing the efficiency of diagnosing skin cancer and other conditions. By digitizing the pathology workflow, Pathology Watch aims to elevate patient care quality, reduce operational costs, and create new revenue opportunities for healthcare providers. Its platform integrates seamlessly with existing electronic medical records, optimizing clinical decision-making and patient management.

Meallogix

Convertible Note in 2021
Meallogix is the premier technology software for the meal prep sector, providing an all-in-one solution for meal prep operators that helps automate and optimize business processes, offering state-of-the-art front- and back-end technologies that replace all manual tasks, except for cooking. Meallogix removes barriers for meal prep business owners by digitizing every step of the supply chain, from order intake to ingredient conversion, nutrition label creation, shopping list creation, recipe costing, delivery options, and more. Its dashboard allows meal prep owners to gain insight into critical financials, showing them which menu items drive profits and which do not.

Humanly.io

Seed Round in 2021
Humanly.io is a hiring platform that specializes in screening and scheduling job candidates through an AI-based system. Founded in 2019 and headquartered in Kirkland, Washington, Humanly engages with candidates visiting a company’s job pages and social media, facilitating their qualification and addressing their inquiries. This innovative technology allows organizations to enhance candidate conversion rates across various recruitment channels while significantly reducing the time spent by human resources on each open role. With its focus on efficiency and automation, Humanly streamlines the hiring process for businesses, making it easier to manage candidate interactions at scale.

Terra Kaffe

Series A in 2021
Terra Kaffe Inc. is a New York-based company founded in 2018 that specializes in manufacturing automatic coffee machines, specifically designed to enhance the in-home coffee experience. The company offers a fully-automatic bean-to-cup espresso machine that allows users to create barista-quality beverages effortlessly. In addition to its coffee machines, Terra Kaffe provides a coffee bean subscription service, making premium coffee more accessible and convenient for consumers. By selling directly to customers, Terra Kaffe aims to deliver innovative design, exceptional user experience, and high-quality features at an attractive price point, while also promoting socially conscious practices in the coffee industry.

tab32

Series B in 2021
tab32 is a leading provider of cloud-based dental electronic health record (EHR) software and dental practice management systems (PMS). The platform is designed to be user-friendly, allowing dental practitioners to quickly implement its features. It offers a comprehensive suite of tools to manage essential aspects of dental practices, including demographics, scheduling, charting, insurance processing, ledgers, and reporting. By focusing on the needs of patients and dental providers, tab32 enhances the overall patient experience throughout the care continuum, making it a valuable resource for dental professionals looking to streamline their operations and improve patient care.

Banjo Health

Series A in 2021
Banjo Health is developing a prior authorization decision support platform for health plans and pharmacy benefit managers (collectively “payers”). We leverage artificial intelligence and machine learning to customize the platform to each payer’s specific prior authorization criteria. Through our integration with the provider’s electronic health records, we are able to directly draw from the prescribers notes to drive accurate decisions while reducing the administrative burden on the payer’s and provider’s staff. This will effectively reduce the time-to-decision, improving member satisfaction and clinical & cost outcomes.

Terra Kaffe

Convertible Note in 2021
Terra Kaffe Inc. is a New York-based company founded in 2018 that specializes in manufacturing automatic coffee machines, specifically designed to enhance the in-home coffee experience. The company offers a fully-automatic bean-to-cup espresso machine that allows users to create barista-quality beverages effortlessly. In addition to its coffee machines, Terra Kaffe provides a coffee bean subscription service, making premium coffee more accessible and convenient for consumers. By selling directly to customers, Terra Kaffe aims to deliver innovative design, exceptional user experience, and high-quality features at an attractive price point, while also promoting socially conscious practices in the coffee industry.

Outsite

Convertible Note in 2021
Outsite, Inc. is a company that operates a network of work and play accommodations designed for entrepreneurs, business travelers, and digital nomads seeking alternatives to traditional hotels and conference facilities. Founded in 2015 and based in Santa Cruz, California, Outsite has expanded its presence to locations including San Diego and Lake Tahoe. The accommodations feature creative co-working spaces equipped with Wi-Fi, allowing guests to work productively while enjoying recreational activities such as surfing, skiing, and biking. Additionally, Outsite promotes innovative networking opportunities aimed at fostering meaningful collaborations among its community of users.

Advocat

Seed Round in 2021
Developer of a legal software platform designed to create researched legal documents from attorney conversations. The company's platform utilizes artificial intelligence to select the correct internal legal template and asks the user a series of questions, drafts the document, and sends the draft to in-house counsel for approval, it uses generative contract artificial intelligence and analyzes contracts, enabling in-house attorneys to save a significant amount of time and manage cases in a hassle-free manner.

The Good Face Project

Convertible Note in 2021
The Good Face Project, Inc. operates a cosmetic product review platform that offers transparency regarding the safety and efficacy of beauty products. Founded in 2017 and based in La Jolla, California, the company utilizes a data-driven Clean Beauty Index and an AI-powered personalization engine to analyze product labels and screen ingredients for efficacy and toxicity. This approach allows consumers to receive tailored skincare recommendations. Additionally, The Good Face Project provides a subscription service that helps users discover products and brands that suit their individual needs. The company also collaborates with beauty retailers to enhance the in-store consultation experience. In summary, The Good Face Project is committed to empowering consumers with knowledge about cosmetic products while promoting safe and effective ingredient use in the beauty industry.

Meallogix

Seed Round in 2021
Meallogix is the premier technology software for the meal prep sector, providing an all-in-one solution for meal prep operators that helps automate and optimize business processes, offering state-of-the-art front- and back-end technologies that replace all manual tasks, except for cooking. Meallogix removes barriers for meal prep business owners by digitizing every step of the supply chain, from order intake to ingredient conversion, nutrition label creation, shopping list creation, recipe costing, delivery options, and more. Its dashboard allows meal prep owners to gain insight into critical financials, showing them which menu items drive profits and which do not.

Meallogix

Seed Round in 2021
Meallogix is the premier technology software for the meal prep sector, providing an all-in-one solution for meal prep operators that helps automate and optimize business processes, offering state-of-the-art front- and back-end technologies that replace all manual tasks, except for cooking. Meallogix removes barriers for meal prep business owners by digitizing every step of the supply chain, from order intake to ingredient conversion, nutrition label creation, shopping list creation, recipe costing, delivery options, and more. Its dashboard allows meal prep owners to gain insight into critical financials, showing them which menu items drive profits and which do not.

tab32

Convertible Note in 2021
tab32 is a leading provider of cloud-based dental electronic health record (EHR) software and dental practice management systems (PMS). The platform is designed to be user-friendly, allowing dental practitioners to quickly implement its features. It offers a comprehensive suite of tools to manage essential aspects of dental practices, including demographics, scheduling, charting, insurance processing, ledgers, and reporting. By focusing on the needs of patients and dental providers, tab32 enhances the overall patient experience throughout the care continuum, making it a valuable resource for dental professionals looking to streamline their operations and improve patient care.

tab32

Convertible Note in 2021
tab32 is a leading provider of cloud-based dental electronic health record (EHR) software and dental practice management systems (PMS). The platform is designed to be user-friendly, allowing dental practitioners to quickly implement its features. It offers a comprehensive suite of tools to manage essential aspects of dental practices, including demographics, scheduling, charting, insurance processing, ledgers, and reporting. By focusing on the needs of patients and dental providers, tab32 enhances the overall patient experience throughout the care continuum, making it a valuable resource for dental professionals looking to streamline their operations and improve patient care.

Edisn.ai

Seed Round in 2021
Edisn.ai is a developer of a fan engagement platform that enhances interactive and personalized experiences for sports audiences. Utilizing an AI-powered player recognition engine, the platform integrates with live video streams, allowing users to engage with content in real-time while sharing videos and connecting with friends on social networks without interrupting their viewing experience. The company has established partnerships with leading sports broadcasters in Asia, focusing on cricket and football, as well as collaborating with a prominent eSports team in the Asia-Pacific region to enhance fan engagement. Additionally, a major European sports federation is incorporating edisn.ai's technology to increase interactivity within their sports content, further solidifying the platform's role in transforming how fans interact with sports media.

WaterGuru

Series B in 2021
WaterGuru, Inc. specializes in the development and manufacture of a smart device for testing and treating pool water. Founded in 2011 and based in San Francisco, the company offers a solution that automatically measures and adjusts pH and chlorine levels, ensuring that pool water remains perfectly balanced while minimizing chemical use. The device is complemented by a mobile application that allows users to monitor their pool remotely and receive status updates, enhancing the convenience of pool maintenance. WaterGuru aims to provide a safe and efficient way for pool owners to maintain water quality effortlessly.

Terra Kaffe

Convertible Note in 2020
Terra Kaffe Inc. is a New York-based company founded in 2018 that specializes in manufacturing automatic coffee machines, specifically designed to enhance the in-home coffee experience. The company offers a fully-automatic bean-to-cup espresso machine that allows users to create barista-quality beverages effortlessly. In addition to its coffee machines, Terra Kaffe provides a coffee bean subscription service, making premium coffee more accessible and convenient for consumers. By selling directly to customers, Terra Kaffe aims to deliver innovative design, exceptional user experience, and high-quality features at an attractive price point, while also promoting socially conscious practices in the coffee industry.

TraknProtect

Seed Round in 2019
TraknProtect is a provider of a real-time location platform that enhances hotel operations by integrating various Internet of Things (IoT) solutions. The company offers a comprehensive suite of services that includes employee safety devices, asset and inventory tracking, cleanliness monitoring, and the tracking of room service trays and vendors. This platform allows hotels to streamline their operations without relying on redundant technologies, enabling better management of back-of-house systems. Additionally, TraknProtect supplies panic buttons that meet safety regulations, such as the 2017 Chicago Hotel Worker’s Sexual Harassment Ordinance, ensuring compliance while improving employee safety. By leveraging location data, TraknProtect helps hotels make informed purchasing decisions and operate more efficiently.

Banjo Health

Pre Seed Round in 2019
Banjo Health is developing a prior authorization decision support platform for health plans and pharmacy benefit managers (collectively “payers”). We leverage artificial intelligence and machine learning to customize the platform to each payer’s specific prior authorization criteria. Through our integration with the provider’s electronic health records, we are able to directly draw from the prescribers notes to drive accurate decisions while reducing the administrative burden on the payer’s and provider’s staff. This will effectively reduce the time-to-decision, improving member satisfaction and clinical & cost outcomes.
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