Saturday, September 21, 2024
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Spark Advisors: Raises $3.6M in Funding

  • Spark Advisors, a NYC-based technology-enabled brokerage that partners with independent agents to deliver a concierge service for navigating retirement benefits, raised $3.6m in funding
  • The round led by Primary Ventures with participation from Vine Ventures and Torch Capital
  • The company also intends to use the funds to recruit hundreds of new agents and expand its consumer roadmap into more health and personal finance support areas
  • park combines a network of local, expert agents and an agent platform also provide concierge-level service for retirees to maximize their benefits and stay in control of their health
  • The platform also gives agents everything they need to run a modern agency, with quoting & enrollment, marketing, client engagement, and compliance all in one place
  • The platform standardizes client health and benefits data to automate and personalize member services

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