Sparta Commodities
Sparta Commodities, founded in 2020 by former oil traders Felipe Elink Schuurman and Miles Moseley, is a Geneva-based provider of real-time market intelligence and analytics for commodity trading desks.
Profile
Sparta Commodities provides a cloud-based platform that aggregates, cleans, and analyzes real-time oil and commodity market data, delivering forward curves, predictive signals, and collaborative tools to help traders make faster, more informed decisions.
Sparta Commodities, founded in 2020 by former oil traders Felipe Elink Schuurman and Miles Moseley, is a Geneva-based provider of real-time market intelligence and analytics for commodity trading desks. The company's platform aggregates and structures pricing data from futures, swaps, physical and freight markets, offering forward curves, predictive signals, and collaborative workspaces. As of early 2026, Sparta has raised $59.5 million in known venture funding: a $6 million seed from Singular in March 2022, a $17.5 million Series A led by FirstMark in October 2023, and a $42 million Series B led by One Peak in February 2025.
The Series B round, which included continued backing from Singular and FirstMark, is intended to fund expansion beyond oil and gas into new commodities and to evolve the platform from a data provider into an AI-powered trading operating system. Sparta employs 51-200 people (ZoomInfo estimate) and maintains offices in London, Singapore, Houston, Madrid, New York, Valencia, Vienna, and Dubai. The company's client list includes major oil traders and integrated energy firms such as Trafigura, Gunvor, Chevron, Equinor, Eni, Galp, Phillips 66, PetroChina, and Sahara, as well as a growing roster of mid-sized trading houses.
Sparta's revenue is estimated at under $5 million (ZoomInfo), though the company has not publicly disclosed official figures. In 2025-2026, Sparta has aggressively expanded its data marketplace through partnerships with brokerages and data providers including S&P Global Platts, Gibson, ESP Monaco Energy, Nicks srl, Tideform, Clear Energy Brokerage, and Caladon. The company also launched a new product line, 'Ascend to Clarity,' in March 2026, and has been cited by Bloomberg, Reuters, and the Financial Times for its market commentary.
Sparta's core pitch is that it reduces manual data work by 90% and aligns trading, risk, and analytics teams on a single live view, replacing fragmented spreadsheets and email chains. The company faces the challenge of competing with entrenched incumbents like Bloomberg and Thomson Reuters in the commodity data space, as well as the risk of customer concentration among a handful of large trading firms.
Who buys this
- Oil and commodity trading desks at major integrated energy companies
- Independent commodity trading houses (e.g., Trafigura, Gunvor)
- Refiners and petrochemical companies with trading operations
- Freight and logistics analysts in energy supply chains
- Risk management and analytics teams at commodity-focused financial firms
Publicly disclosed clients
- Trafigura
- Gunvor
- Chevron
- Equinor
- Eni
- Galp
- Phillips 66
- PetroChina
- Sahara
Strengths and what to watch
Strengths
- Founded by experienced oil traders, giving the platform credibility and domain-specific design that resonates with trading desks.
- Strong roster of high-profile clients (Trafigura, Gunvor, Chevron, Equinor) and partnerships with major data providers (S&P Global Platts, Gibson, Tideform), indicating market trust and integration depth.
- Recent $42 million Series B funding from One Peak, Singular, and FirstMark provides capital for product expansion into new commodities and AI capabilities, positioning the company for growth beyond oil.
Watch for
- Revenue concentration risk: Sparta's client list is dominated by a handful of very large trading firms; loss of any single major client could materially impact revenue.
- Competitive pressure from entrenched incumbents like Bloomberg, Thomson Reuters, and ICE, which have deeper data sets, larger sales forces, and established relationships with the same customer base.
- Execution risk on expansion beyond oil and gas: the company's stated goal to become a multi-commodity platform requires building new data pipelines, domain expertise, and sales channels in markets (LNG, LPG, power, etc.) where it has limited track record.
Recent moves
- 5mo ago S&P Platts benchmarks and market insights now accessible inside the Sparta platform
- 7mo ago Sparta launches Ascend to Clarity
- 10mo ago Introducing Customisation & Collaboration for commodity desks
- 11mo ago Sparta and Gibson announce expanded partnership
- 11mo ago Sparta and ESP Monaco Energy expand jet fuel market partnership
Key Information
- Industry
- Financial & Market Data
- Founded
- 2020
- Headquarters
- Geneva
Frequently Asked Questions
What is Sparta Commodities?
Sparta Commodities is a cloud-based platform that aggregates, cleans, and analyzes real-time oil and commodity market data. It provides forward curves, predictive signals, and collaborative tools to help traders make faster, more informed decisions.
Who founded Sparta Commodities and when?
Sparta Commodities was founded in 2020 by former oil traders Felipe Elink Schuurman and Miles Moseley. The company is based in Geneva and has raised $59.5 million in known venture funding as of early 2026.
What are Sparta Commodities' main products?
Sparta offers forward curves, predictive signals, collaborative workspaces, and a data marketplace. Its product line includes 'Ascend to Clarity,' launched in March 2026, and integrates with brokerages like S&P Global Platts and Gibson.
Who are Sparta Commodities' notable clients?
Sparta's clients include major oil traders and integrated energy firms such as Trafigura, Gunvor, Chevron, Equinor, Eni, Galp, Phillips 66, PetroChina, and Sahara, along with a growing roster of mid-sized trading houses.
How much funding has Sparta Commodities raised?
Sparta has raised $59.5 million in known venture funding: a $6 million seed from Singular in March 2022, a $17.5 million Series A led by FirstMark in October 2023, and a $42 million Series B led by One Peak in February 2025.
What challenges does Sparta Commodities face?
Sparta competes with entrenched incumbents like Bloomberg and Thomson Reuters, faces revenue concentration risk from a few large clients, and must execute on expanding beyond oil and gas into new commodities like LNG and power.
Sources
- www.spartacommodities.com — Company homepage showing client logos (Trafigura, Gunvor, Chevron, Equinor, Eni, Galp, Phillips 66, PetroChina, Sahara), product descriptions, and value proposition.
- www.spartacommodities.com — Details of $42 million Series B funding round led by One Peak, with participation from Singular and FirstMark, announced February 24, 2025.
- www.reuters.com — Reuters report on $17.5 million Series A funding round led by FirstMark, with seed round details ($6 million from Singular in March 2022), and company expansion plans.
- www.spartacommodities.com — Company background, founding story by Felipe Elink Schuurman and Miles Moseley, product portfolio (Curves, Knowledge, Data Marketplace), and office locations.
- www.zoominfo.com — Headcount estimate (51-200 employees), revenue estimate (<$5 million), and additional office locations (Geneva, London, Singapore, Houston, Madrid, New York, Valencia, Vienna, Dubai).
- www.spartacommodities.com — List of recent partnerships and product updates, including S&P Platts integration (May 2026), Ascend to Clarity launch (March 2026), and multiple data partnerships in 2025.