About Spar Systems
Spar Systems is a private company based in Montvale, New Jersey, incorporated in 2022 in Delaware. It has reported $1,061,001 raised in two offerings on Form D since September 2022.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Dec 5, 2024 | Dec 11, 2024amended Dec 11, 2025 | $545,000of $699K target | 10 | $54,500 | EquityRule 506(b) | Form D/A ↗1 earlier filing |
| Aug 30, 2022 | Sep 12, 2022amended May 10, 2024 | $516,001of $850K target | 14 | $36,857 | EquityRule 506(b) | Form D/A ↗1 earlier filing |
| Total, two offerings | $1,061,001 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on Spar Systems's Form D filed Dec 11, 2025.
RK
Rakesh Kaul
Director
GB
Gaurav Bazaz
President and director