Insights

Fast growth opportunity Spark has rapidly scaled its broker network from 200 to over 10,000 since 2019, indicating a large and continually expanding channel that needs scalable customer management, onboarding, and automation tools to support ongoing growth.

Medicare focus As a platform behind independent Medicare brokers driving enrollments, there is a strong need for healthcare policy insights, CMS compliance solutions, and outcomes-driven reporting to optimize value-based care and broker performance.

Tech stack readiness With cloud infrastructure (AWS), automation (Terraform, Zapier), CRM (Salesforce, Greenhouse), and data needs (PostgreSQL, OpenAI), Spark is primed for solutions that deepen integration, data analytics, and AI-assisted advisory workflows.

Growth milestones Aiming for nearly 1 million enrollments by 2027 suggests opportunities around enrollment orchestration, fraud detection, performance analytics, and partner enablement platforms to sustain scale and improve margins.

Strategic partnerships The platform model and emphasis on community and services for brokers indicate value in partner enablement, CMS and value-based care pilots, and interoperability solutions that connect outcomes data to decision-making for Medicare plans and providers.

Similar companies to Spark

Spark Tech Stack

Spark uses 8 technology products and services including Amazon Web Services, HashiCorp Terraform, Salesforce, and more. Explore Spark's tech stack below.

Media & News

Spark's Email Address Formats

Spark uses at least 3 email formats:
Spark Email FormatsExamplePercentage
First.Last@sparkadvisors.comJohn.Doe@sparkadvisors.com
77%
First@sparkadvisors.comJohn@sparkadvisors.com
20%
Last@sparkadvisors.comDoe@sparkadvisors.com
3%

Frequently Asked Questions

What is Spark's stock symbol?

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Spark is a publicly traded company; the company's stock symbol is LOV.

What is Spark's official website and social media links?

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Spark's official website is sparkadvisors.com and has social profiles on LinkedIn.

How much revenue does Spark generate?

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As of October 2026, Spark's annual revenue is estimated to be $500M - $1B.

What is Spark's NAICS code?

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Spark's NAICS code is 524 - Insurance Carriers and Related Activities.

How many employees does Spark have currently?

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As of October 2026, Spark has approximately 1.1K employees across 6 continents, including North America, Asia and Europe. Key team members include Ceo, Co-Founder: D. D. M. M., Chief Executive Officer: L. B. and Chief Executive Officer: N. N. Explore Spark's employee directory with LeadIQ.

What industry does Spark belong to?

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Spark operates in the Insurance industry.

What technology does Spark use?

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Spark's tech stack includes Amazon Web Services, HashiCorp Terraform, Salesforce, PostgreSQL, OpenAI, Zapier, Webflow and Greenhouse.

What is Spark's email format?

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Spark's email format typically follows the pattern of First.Last@sparkadvisors.com. Find more Spark email formats with LeadIQ.

How much funding has Spark raised to date?

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As of October 2026, Spark has raised $54M in funding. The last funding round occurred on Jan 23, 2024.

When was Spark founded?

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Spark was founded in 2020.
Spark logo

Spark

InsuranceNew York, United States1001-5000 Employees

Spark operates as the platform that underpins independent Medicare brokers, providing technology, services, and a professional community to help brokers advocate for clients during Medicare enrollment. Based in New York, NY and founded in 2019, the company supports a nationwide network that has grown from hundreds to more than ten thousand brokers. It is described as one of the fastest-growing Medicare NMAs in the United States. The platform processed about 250,000 enrollments in 2025 and is targeting roughly 1 million enrollments by 2027, illustrating rapid scale within its market. The organization frames its work as addressing a costly, hard-to-navigate U.S. healthcare system and emphasizes a results-driven culture focused on real outcomes and measurable impact.

Section iconCompany Overview

Stock Symbol
LOV
NAICS Code
524 - Insurance Carriers and Related Activities
Founded
2020
Employees
1001-5000

Section iconFunding & Financials

  • $54M

    Spark has raised a total of $54M of funding over 8 rounds. Their latest funding round was raised on Jan 23, 2024 as a Series B.

  • $500M - $1B

    Spark's revenue is estimated to be in the range of $500M - $1B

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