Emerging and High Growth Companies

BDC Capital, Pender Ventures and GroundBreak Ventures in Spark RE Technologies’ US$5 million Series A investment round

BDC Capital, Pender Ventures and GroundBreak Ventures
Key Contact
Mark Longo

Vancouver Managing Partner, Vancouver

Team
Adam LaRoche

Associate, Privacy and Data Management; Employment and Labour, Calgary

Dov Begun

Partner, Tax, Toronto

Martin F. Smith

Associate, Emerging and High Growth Companies, Vancouver

Alina Tamm

Associate, Tax, Vancouver

Abigail Omale

Associate, Employment and Labour, Vancouver

Jacques Du Plessis

Partner, Emerging and High Growth Companies, Vancouver

 

On July 28, 2021, Vancouver-based Spark RE Technologies (Spark) announced the closing of a US$5 million Series A investment round led by BDC Capital and Pender Ventures, with participation from GroundBreak Ventures. This marks a significant step for Spark and the real estate industry as its goal is to own the entirety of new real estate development transactions, both in North America and globally.

Spark was founded to streamline the sales, marketing, and management process for real estate developers. Created as an industry-specific CRM, Spark is transforming how new multi-family real estate is sold by offering a comprehensive suite of products that eliminates the need for multiple platforms. 

Osler, Hoskin & Harcourt LLP acted for the investor syndicate of BDC, Pender and GroundBreak with a team consisting of Mark Longo, Jacques Du Plessis, Martin Smith (Emerging and High Growth Companies), Megan Young (Corporate), Adam LaRoche, Abigail Ywaya (Employment & Labour), Dov Begun and Alina Khakhuda (Tax). 

Value
US$5 million
Date Closed
July 28, 2021
Lead Office
Vancouver
Key Contact
Mark Longo

Vancouver Managing Partner, Vancouver

Team
Adam LaRoche

Associate, Privacy and Data Management; Employment and Labour, Calgary

Dov Begun

Partner, Tax, Toronto

Martin F. Smith

Associate, Emerging and High Growth Companies, Vancouver

Alina Tamm

Associate, Tax, Vancouver

Abigail Omale

Associate, Employment and Labour, Vancouver

Jacques Du Plessis

Partner, Emerging and High Growth Companies, Vancouver