What Sparkspire does

Sparkspire GmbH is a Vienna-headquartered, privately-held management and technology consultancy founded in 2020 that operates exclusively in the European energy sector, serving leading and regional energy suppliers, renewable energy operators, energy-intensive industrial companies, and European energy traders across the DACH region (Germany, Austria, Switzerland) and selectively into the Nordics (Denmark). The company is led by three co-founders and managing directors—Martin Wisser, Florian Domig, and Thomas Terényi—who collectively bring more than 12 years of experience in portfolio management, risk management, energy trading, regulation, and IT system landscapes.

The firm delivers a combined consulting and SaaS offering. Its consulting practice spans Target Operating Model development, control systems design, ETRM system selection and implementation, IT and system architecture, data management, and program/project management. Its software portfolio consists of two specialized SaaS applications: the Position Automation App, which automates position transfers between books and portfolios, transfer pricing via VWAP, delta calculations, auction result splitting, and physical book close-out; and the Hedging Service App, which calculates optimal value-neutral hedges, decomposes generation or distribution positions into standard trading products, and supports fully automated trade execution via API-driven handover to ETRM systems. Both apps are available as standalone services or fully integrated within CORAL, the ETRM platform of Previse Systems.

Commercially, Sparkspire runs a sales-led, consulting-first enterprise GTM with direct outreach by the managing directors and quote-based, multi-year engagements. Revenue is generated through professional services fees for consulting engagements and recurring SaaS subscriptions for the two apps. The firm is bootstrapped, with no disclosed external investors or funding rounds, and has no parent company. As of the latest data the company has between one and ten employees, three named co-founders serving as managing directors, and a customer base of at least ten named European energy enterprises and utilities.

Name

Sparkspire

Legal name

Sparkspire GmbH

Website

https://sparkspire.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Sparkspire GmbH is a Vienna-based management and technology consultancy and SaaS vendor exclusively serving the European energy sector, providing ETRM consulting plus two specialized apps (Position Automation App and Hedging Service App) to utilities, traders, and renewable operators across DACH.

Ownership category

akta.pro rank

Product category

Energy Trading and Risk Management Consulting

NAICS

Management Consulting Services (54161), Custom Computer Programming Services (541511), Engineering Services (54133)

SIC

Services-Management Consulting Services (8742), Services-Computer Programming Services (7371), Services-Engineering Services (8711)

akta.pro primary industry

ETRM/CTRM Platforms & Trade Capture (EUAGAJAA)

akta.pro secondary industries

Energy Systems & Power Engineering Consulting (BPAHAIAG), Risk Reporting & Performance Management (BI, KPIs, Attribution) (EUAGAJAL), Asset Management & Owner’s Engineering (Lifecycle Strategy, Budgeting, Technical Due Diligence) (EUAMAGAJ)

Keywords

• Energy trading consulting
• ETRM system integration
• Portfolio management software
• Hedging automation software
• Energy risk management

Headquarters

HQ city

Vienna

HQ country

Austria

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Management and Technology Consulting: Strategic and technical consulting services for energy trading and distribution. Services include Target Operating Model development, control systems design, ETRM system selection and implementation, IT and system architecture, data management, and program/project management.
2. SaaS Applications (Position Automation App and Hedging Service App): Specialized SaaS components for processes in trading, portfolio management and risk management. Available as standalone services or fully integrated into ETRM systems such as CORAL by Previse Systems. Revenue appears to be subscription-based for ongoing access to SaaS solutions.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Sparkspire is an independent management and technology consultancy exclusively serving the energy sector, offering strategic consulting (Target Operating Model, ETRM selection/implementation, IT architecture, data management, program management) combined with proprietary SaaS applications — the Position Automation App and the Hedging Service App — that automate position transfers, hedging strategies, and trade booking for energy trading, portfolio management, and risk management processes.

Product overview

Sparkspire offers a portfolio of specialized SaaS applications and management/technology consulting services exclusively for the energy sector. The core IT solutions consist of two distinct SaaS apps: the Position Automation App for automated position transfers between books/portfolios and transfer price calculations, and the Hedging Service App for automating hedging strategies and hedge execution. Both apps are available as standalone services or as fully integrated components within CORAL by Previse Systems. Complementing the software offerings is a comprehensive consulting practice covering Target Operating Model development, Control Systems (Steuerungssysteme), ETRM System Selection & Implementation, IT and System Architecture, Data Management, and Program & Project Management.

Differentiator

Problem solved

Functional benefit

Brands

• Position Automation App: SaaS application that automates position transfers between books and portfolios, performs transfer pricing calculations, and handles automatic trade booking in energy trading.
• Hedging Service App

Products and services

• Position Automation App A specialized SaaS application for energy trading that automates position transfers between books and portfolios, performs transfer price calculations using VWAP, handles delta calculations, auction result splitting, and physical book close-out processes, with seamless ETRM system integration and flexible triggering (manual, scheduled, or API).
• Hedging Service App A specialized SaaS application that automates hedging strategies in energy trading by calculating optimal value-neutral hedges for open positions, decomposing generation or distribution positions into standard trading products, supporting adaptive hedging for illiquid markets, and providing fully automated trade execution with logging and time-travel auditing.
• Target Operating Model Consulting Strategic consulting service developing target operating models and route-to-market strategies for energy trading and distribution organizations, covering process design, organizational structures, and governance frameworks.
• Steuerungssysteme (Control Systems) Consulting Consulting service covering portfolio structuring, position decomposition, booking rules, risk management, limit and mandate definition, and reporting frameworks for energy trading operations.
• System Selection and Implementation Consulting End-to-end ETRM and trading system selection and implementation support including requirements gathering, RfI/RfP creation, vendor evaluation, and go-live support for energy trading organizations.
• IT and System Architecture Consulting Enterprise architecture services for energy trading including current-state landscape analysis, target architecture development, and transformation roadmaps aligned with corporate and functional strategy.
• Data Management Consulting Data management and data governance services including master and movement data cataloging, data governance policy development, and data transformation pathways for energy trading enterprises.
• Program and Project Management Consulting Program and project management services for energy trading transformation projects using agile, waterfall, and hybrid methodologies, including program oversight and PMO setup.

Quantifiable outcome

• For Swiss city utility: Significant increase in transparency in PnL allocations and elimination of booking errors through automated internal transfer processes between generation and trading books
• +2 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability2 records

Feature3 records

Partnerships

One partnership is on record.

• Previse SystemscoreTechnology or IntegrationSparkspire's SaaS solutions (Position Automation App, Hedging Service App) are available as fully integrated services within CORAL from Previse Systems, a leading ETRM platform provider. This partnership enables Sparkspire to offer its specialized applications directly within the CORAL ecosystem, providing seamless integration for energy trading and risk management processes.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/sparkspire

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sparkspire