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Sparta Science Raises A New Round of Funding to Help Organizations Optimize Movement Health Outcomes at Scale

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March 27, 2023

Sparta Science, a Movement Health Intelligence company, has announced an additional funding round led by Spring Lake Equity Partners. General Purpose Venture Capital (GPVC) and existing investors also participated in the funding round, bringing the company’s total funding to $34 million. The new capital will be used to accelerate product innovation and hiring, building upon recent growth within enterprise-scale organizations. Sparta Science provides enterprises with a holistic Movement Health platform using high-quality movement assessments, expansive integrations, and a robust biomarker data platform to gain visibility and insights into higher-quality care delivery. The platform is used by over 180 sports, military, and healthcare organizations. The Sparta Science team aims to deliver better movement health insights to optimize decision-making for clinicians, users, and businesses, enabling organizations to improve health outcomes through a centralized, intelligent platform.

Sparta Science, the enterprise leader in Movement Health Intelligence, announced an additional round of funding led by Spring Lake Equity Partners.

The funding round also included General Purpose Venture Capital (GPVC) and existing investors, bringing the company’s total funding to $34 million.

The new capital will be used to accelerate product innovation and hiring, building upon recent growth within enterprise-scale organizations. Last year, Sparta Science saw a 30 percent increase in sales; their platform is now used by over 180 sports, military, and healthcare organizations to understand and optimize human movement.

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“Our investors understand the role of movement in the bigger picture of health and well-being and the value an AI platform can deliver to this space,” said Phil Wagner, Founder and CEO of Sparta Science. “We share the vision of a more data-rich future for organizations, delivering better movement health insights to optimize decision-making for clinicians, users, and businesses.”

Sparta Science provides enterprises with a holistic Movement Health platform by leveraging high-quality movement assessments, expansive integrations, and a robust biomarker data platform. With it, organizations gain the visibility and insights to deliver higher-quality care.

“More and more health measurement devices are accessible to consumers and providers, yet movement-related conditions are rising steadily across all populations,” said Dante Balestracci, Principal at Spring Lake. “Sparta Science’s Big Data approach to Movement Health enables organizations to standardize assessments, benchmark users, and promote data-driven decision-making across the organization. We are excited to support the Sparta Science team so more organizations can improve health outcomes through a centralized, intelligent platform.”

“We are impressed with the team at Sparta Science and their unique blend of subject matter expertise in healthcare and technical domains,” said Dan Kistler, Managing Director at GPVC. “In a digital health space flooded with legacy solutions, we appreciate the pragmatic yet innovative approach formed by a team that has felt the real-world pains that their solution addresses.”

Source: BioSpace

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