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Spark Growth Ventures
Recognized as a 2022 Emerging 50 VC and 2023 Top 25 Founder’s Choice VC, Spark Growth Ventures is a community oriented, early & mid stage, vertical-agnostic,...
Spark Growth Ventures
Recognized as a 2022 Emerging 50 VC and 2023 Top 25 Founder’s Choice VC, Spark Growth Ventures is a community oriented, early & mid stage, vertical-agnostic, technology venture capital firm. Our mission is to support gritty and exceptional founders in their missions by bringing forth the combined value of our strong community. We are fortunate to have a global network of entrepreneurs, C-level relationships, subject matter experts, world-class talent, institutional investors, high net worth individuals and family offices, many of who are investors in our platform. Our team has several decades of global experience in venture capital, entrepreneurship, innovation, executive & board management, functional leadership and advisory work. We create 360° long-term value for our startups and our investors through active participation alongside our founders, leveraging our extensive experiences and global networks. We work in the trenches with our portfolio on top-line growth, bottom-line expansion and capital optimization. Our partnership areas span all commercial aspects such as sales & go-to-market, operations, corporate functions, fund-raising and organizational effectiveness as well as exit planning and execution. We respect authenticity, intellectual curiosity, collaboration, optimism, grit and boldness. We prioritize efficiency and transparency in our work. We believe in integrity and doing business with the goal of creating a win-win for all stakeholders, not just the shareholders.
General information
Firm type
Venture Capital
Year founded
2020
AUM
Undisclosed
Location
Region
North America
Country
United States
City
San Diego
Corporate office
San Diego, CA, United States
Principals
Hem Suri
Founder & Managing Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Spark Growth Ventures?
Founder and Managing Partner Hem Suri leads investment decisions. Suri brings over two decades of experience across venture capital, private equity, and investment banking, including roles at a KKR portfolio company and Deutsche Bank. The firm's board advisors — who hold senior operating roles at companies such as Meta, Sonic Healthcare, and Exact Sciences — contribute to diligence and portfolio support but the website does not indicate they serve on an investment committee.
How does Spark Growth Ventures source proprietary deal flow?
SGV relies on a community of over 1,000 accredited investors, operators, and industry experts to source opportunities. The firm states it has grown primarily through word-of-mouth and referrals rather than marketing or events. Board advisors spread across North America and Europe extend the firm's sourcing reach into their respective networks and geographies.
What investment stages does Spark Growth Ventures typically target?
The firm describes itself as mid-stage and vertical-agnostic, though internal Altss research also tags the firm with early-stage and growth-stage strategies. SGV’s explicit focus is on companies that have moved beyond the seed phase and need capital and operational support to scale commercially.
Does Spark Growth Ventures participate in fund commitments or only direct deals?
The firm’s public materials focus exclusively on direct investments into technology startups. Hem Suri also serves as a Venture Partner at NextGen Venture Partners, an early and late-stage venture capital firm, suggesting parallel exposure to fund structures, but SGV itself describes its platform as a direct-investment vehicle for its community members.
How is Spark Growth Ventures structured compared to a traditional venture firm?
SGV operates a democratized platform with no pre-commitment, low fees, and small minimum check sizes, which differs from the closed-end fund structure of traditional venture capital firms. The firm also embeds a distributed network of over 1,000 community members — rather than a centralized general partnership — to source deals, conduct diligence, and support portfolio companies across commercial functions such as sales, operations, and fundraising.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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