Spark Growth Ventures

Spark Growth Ventures is a San Diego-based investment firm that specializes in mid to late-stage technology ventures and micro private equity. Founded in 2018 by Hem Suri, the firm focuses on a variety of sectors, including early-stage technology, software-enabled products and services, business-to-business (B2B), business-to-consumer (B2C), and hardware-as-a-service. With a vertical-agnostic approach, Spark Growth Ventures aims to support innovative businesses that demonstrate strong growth potential across diverse industries.

Hem Suri

Founder and Managing Partner

Past deals in Commercial Real Estate

Placer.ai

Secondary Market in 2024
Placer.ai offers a location analytics platform that helps retailers, commercial real estate developers, hospitality operators, and economic development teams gain insights into foot traffic and consumer behavior for any property. The platform analyzes anonymized location data from multiple sources to support competitor analysis, trend visualization, and dashboard-based decision making. Users can evaluate site performance, inform site selection and marketing strategies, and optimize store performance by understanding the factors driving foot traffic and sales. Founded in 2016 and based in Los Altos, California.

Placer.ai

Series C in 2022
Placer.ai offers a location analytics platform that helps retailers, commercial real estate developers, hospitality operators, and economic development teams gain insights into foot traffic and consumer behavior for any property. The platform analyzes anonymized location data from multiple sources to support competitor analysis, trend visualization, and dashboard-based decision making. Users can evaluate site performance, inform site selection and marketing strategies, and optimize store performance by understanding the factors driving foot traffic and sales. Founded in 2016 and based in Los Altos, California.
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