SparkSwap

company

About

SparkSwap is the first cryptocurrency exchange built on the Lightning Network.

Details

Last Funding Type
Seed
Industries
Blockchain,Cryptocurrency,Finance,Financial Exchanges,Financial Services,FinTech
Founded date
Jan 1, 2017
Number Of Employee
1 - 10
Operating Status
Active
Legal Name
Sparkswap Hub, Inc.

SparkSwap is the first cryptocurrency exchange built on the Lightning Network. It reduces counterparty risk by combining the best of both centralized and decentralized exchanges.

The company was founded in 2017 and is based in Atlanta, Georgia.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$3.50M
SparkSwap has raised a total of $3.50M in funding over 2 rounds. Their latest funding was raised on Apr 8, 2019 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 8, 2019 Series A $3.50M 3 Initialized Capital Detail
Aug 22, 2018 Seed 1 Detail
Mar 1, 2018 Pre-seed 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
5
SparkSwap is funded by 5 investors. Initialized Capital and Foundation Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Initialized Capital Yes Series A
Foundation Capital Series A
Pantera Capital Series A
Y Combinator Seed
Dennis Porto Pre-seed

Employee Profiles

Number of Employee Profiles
3
SparkSwap has 3 current employee profiles, including Executive Daniel Paz
Executive
Executive
Employee