Insights

Rapid broker growth Spark has scaled from 200 to over 10,000 Medicare brokers since 2019, indicating a large and expanding distribution network ripe for partnerships, platform integrations, and enablement services to support onboarding, training, and compliance.

High enrollment trajectory With 250,000 enrollments in 2025 and a goal of 1 million by 2027, there is strong demand for streamlined enrollment workflows, data-driven outcomes, and value-based care initiatives that could be monetized through enhanced analytics and broker tooling.

Tech stack leverage Spark already uses modern data and automation tools ( Snowflake, DBT, n8n, Airtable, GTM, etc.), suggesting opportunities to sell complementary analytics, automation enhancements, data integration services, or security and governance offerings to further optimize performance.

Value-driven outcomes The emphasis on measurable outcomes and value-based care in orthotics and prosthetics pilots indicates potential for solutions around patient outcomes data, attribution, and payer-aligned care coordination technologies that resonate with both brokers and insurers.

Strategic partnerships As a fast-growing NMAs platform with a broad broker network, Spark presents opportunities for channel partnerships, co-marketing, white-label solutions, or joint ventures with insurers, PMs, and technology vendors to expand reach and monetize scale.

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
75%
First@sparkadvisors.comJohn@sparkadvisors.com
22%
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 August 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 August 2026, Spark has approximately 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 August 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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