Spark Advisors

Spark Advisors is a modern Medicare brokerage platform that partners with industry's best agents and agencies to deliver a concierge service for navigating retirement benefits.

Spark’s mission is to help every Medicare beneficiary take control of their health.

Spark was founded in 2020 by James Jiang, Byron Edwards and Alex Zhang. The company is headquartered in New York, New York.

 

Spark launched a fully-integrated CRM and quote & enroll platform, a white-labeled retention marketing program, on-demand client service available to all our agent partners, and a strategic partnership with one of the largest value-based provider groups in the country.

 

Spark's platform standardizes client health and benefits data to automate and personalize member services, such as generating automatic plan and drug cost comparisons or recommending supplemental benefits.

 

Spark has over 30 broker partners, and 1,300 independent agents. The company has enrolled 20K memebers, serving 50k+ Medicare beneficiaries along the way.

 

Spark is backed by Torch Capital, American Family Ventures, Primary Ventures, and Vine Ventures. The company raised $15M Series A in equity and convertible note financing on Jan 30, 2023. This brings Spark's total funding to $18.6M to date.

 

 

  • Year founded: 2020
  • Funding Info: $18.6M over 3 Rounds (Latest Funding Type: Series A)
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: New York City
  • State: New York
  • Country: United States
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