Sparx Holdings Group

Sparx Holdings Group

Early Stage

Transforming Fire Protection

Transforming Fire Protection

Overview

Raised this Round: Raised: $12,550

Total Commitments ($USD)

Platform

Netcapital

Start Date

06/04/2024

Close Date

07/26/2024

Min. Goal
$10,000
Max. Goal
$124,000
Min. Investment

$99

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$4,736,811

Year Founded

2021

Industry

Consumer Products, Goods & Services

Tech Sector

AutomationTech

Location

CRANSTON, Rhode Island

Sparx Holdings Group, with a valuation of $4.7 million, is raising funds on NetCapital. The company is transforming fire protection with its life-saving fire protection technology. Sparx Holdings Group’s patent-pending Smart Sprinkler System uses cutting-edge sensors and wireless communications to achieve rapid and decisive action against fires. The business has unveiled its prototype Smart Sprinkler System at the 2024 Fire and Life Safety Conference and has been featured in Fire Protection Contractor Magazine. Cassandra DeNunzio founded Sparx Holdings Group in June 2021. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $124,000. The campaign proceeds will be used for system prototype builds, verification and validation, third-party testing, working capital, and research and development.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-47,685

$-5,743

Summary Balance Sheet

FY 2023 FY 2022

Cash

$100,219

$0

Accounts Receivable

$0

$0

Total Assets

$100,219

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 06/04/2024
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Sparx Holdings Group 07/25/2024 Netcapital $4,736,811 $12,550 Equity - Preferred Active RegCF
Sparx Holdings Group 06/29/2024 Self Managed $209,118,773 - Equity - Common Active RegA+
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Add to portfolio
Sparx Holdings Group on NetCapital 2024
Platform: Netcapital
Security Type: Equity - Preferred
Valuation: $4,736,811
Price per Share: $1.00

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