SparkFin
SparkFin is a technology company.
Financial History
SparkFin has raised $2.0M across 1 funding round.
Frequently Asked Questions
How much funding has SparkFin raised?
SparkFin has raised $2.0M in total across 1 funding round.
SparkFin is a technology company.
SparkFin has raised $2.0M across 1 funding round.
SparkFin has raised $2.0M in total across 1 funding round.
SparkFun Electronics is a Colorado-based electronics retailer and manufacturer specializing in open-source hardware components, microcontroller development boards, and breakout boards for makers, educators, and prototypers.[2][4] Founded in 2003, it serves hobbyists, students, engineers, and the maker community by providing accessible tools for projects like smart weather stations, robots, and machine learning prototypes, solving the problem of high barriers to entry in electronics prototyping through affordable, well-documented parts and tutorials.[1][2][4] With around 115-140 employees handling engineering, manufacturing, and support, SparkFun has grown from a basement operation to an 80,000-square-foot facility, emphasizing open-source innovation to accelerate idea realization.[1][2]
Note: Search results also mention a separate entity called SparkFin (or Spark Finance), a mobile app for organizing stocks into curated lists aimed at novice investors, but no detailed company information matches, and it appears unrelated to the core SparkFun profile.[3]
SparkFun Electronics was founded in 2003 by Nathan Seidle, then a junior at the University of Colorado Boulder, starting in a college apartment basement where he mailed out initial products like Olimex printed circuit boards.[2][4] The name "SparkFun" originated from sparks flying during testing of a development board, paired with "Fun" to reflect the company's mission to make electronics education engaging.[4] Early growth came from its commitment to open-source hardware, releasing schematics and files freely, which built a loyal maker community; by 2011, it formed an education department for schools and hackerspaces, and in 2018 marked its 15-year anniversary with 140 employees after expanding to a large facility.[2][4] Pivotal moments include launching the Autonomous Vehicle Competition (AVC) in 2008 from an internal wager, which drew global participants until 2018, and contributing to the Open Source Hardware definition in 2010.[2][4]
SparkFun rides the maker movement and DIY electronics trend, democratizing access to emerging tech like microcontrollers and IoT amid rising demand for hands-on STEM education and rapid prototyping.[2][4] Its timing aligns with the Arduino explosion in the late 2000s and open-source hardware's mainstreaming, countering proprietary barriers from big semiconductor firms by prioritizing accessibility over IP protection.[4] Market forces favoring SparkFun include the growth of hackerspaces, school outreach, and hobbyist communities, amplified by its role as a key supplier for non-mainstream projects; it influences the ecosystem by contributing to OSHW standards, hosting competitions, and educating via free resources, empowering the next generation of inventors.[2][4]
SparkFun is poised to expand in AI-edge computing, advanced robotics, and educational kits as maker tools integrate with Industry 4.0 and personalized learning trends. Evolving open-source norms and global supply chain resilience will shape its path, potentially through deeper Arm partnerships and custom manufacturing.[1] Its influence may grow by scaling B2B services for startups, solidifying its foundational role in turning ideas into reality—just as it has since those early sparks in a Boulder basement.[2][4]
SparkFin has raised $2.0M in total across 1 funding round.
SparkFin's investors include Alpaca VC, Andreessen Horowitz, Astia, Courtney Robinson, Bowery Capital, Creandum, Daffy, Dolby Family Ventures, EQT Partners, Flex Capital, Gotham Gal Ventures, Joe Kraus.
SparkFin has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in April 2016.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2016 | $2.0M Seed | Alpaca VC, Andreessen Horowitz, Astia, Courtney Robinson, Bowery Capital, Creandum, Daffy, Dolby Family Ventures, EQT Partners, Flex Capital, Gotham Gal Ventures, Joe Kraus, Illuminate Ventures, Khosla Ventures, Kin Ventures, Norwest Venture Partners, Silence, Social Leverage, Susa Ventures, Chris M. Willliams, Samer Hamadeh, Shervin Pishevar, Susanna Campbell |