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Sparta Commodities

Data-driven commodity trading insight platform

Sparta Commodities logo
101-200 employees
  • B2B
  • Investing
  • Trading
  • SaaS
  • Data Analysis
Les Charmilles, Geneva, GE

Company mission

To apply the latest technology and provide oil traders with only the most relevant and actionable data to make faster and smarter trading decisions.

Top investors

24% female employees

68% employee growth in 12 months

Our take

Reduced availability of commodities such as oil has made its trading increasingly lucrative, but the technology that powers the industry has remained stagnant over the last few decades. Automation, analytics, machine learning, and AI can all be leveraged to optimize trading and increase profits for traders, yet existing commodity trading platforms do not generally provide such functionalities.

Sparta Commodities provides a data-driven commodity trading insight platform, empowering users to leverage machine learning and artificial intelligence to gain a competitive edge within the industry. The platform includes a variety of dashboards and tools for enhanced oil price discovery, data sharing, and data analysis, in addition to a suite of tools that automate repetitive and time-consuming tasks.

Whilst access to the trading of commodities has dramatically increased in the last decade due to consumer-grade trading platforms and AI-driven robo-advisors, the oil trading industry has been neglected by such innovations. Sparta Commodities has been wise to fill this gap, providing oil traders with the AI and automation-driven tools necessary to maximize data, optimize price discovery, and ultimately boost revenue. Off the back of its $17.5 million series A funding in 2023, Sparta is increasing its customisation and developing a suite of AI tools.

Freddie headshot

Freddie

Company Specialist at Welcome to the Jungle

Benefits

  • Fully remote working.
  • Attractive company stock option plan.
  • Training and education budget.
  • Private healthcare.
  • Yearly companywide meet-ups in sunny locations.
  • Access to the optimal gear suited for your position.
  • Flexible working.

Company values

  • Just own it - Every Spartan needs to possess a deep sense of ownership. Each of us have clear objectives and targets and we all need to feel responsible for making them happen
  • Ask for forgiveness, not for permission - As a scale up, we need to disrupt, break the status quo, eat the incumbents margins. To do that we need to build products that are 10x better than the competition and critically, execute before anyone else.
  • Put the customer at the heart of every action - Too often decisions are made without the lens of the customer, this must be the first consideration of every Spartan.
  • Stay hungry, yet humble - Having the highest IQ is no guarantee for success. As Spartans, we must focus on accomplishing our mission and delivering results, setting aside personal ambitions and politics. Your energy and drive must be fuelled by a desire to achieve ambitious goals.
  • Collaborate and challenge - Our mission and objections can’t be executed and fulfilled alone. We work as a team and be available to help colleagues achieve the best possible results.
  • Don’t get too comfortable - Every Spartan is expected to operate with a growth mindset, ensuring learning and development is a continuous cycle.

Funding (2 rounds)

Oct 2023

$17.5m

SERIES A

Mar 2022

$6m

SEED

Total funding: $23.5m

This company has top investors

Leadership

Experience as Biodiesel and Ethanol Trader for Vertical UK LLP from 2006 to 2009. Head of Biodiesel, Senior Gasoline Trader, and Deputy Commercial Director of Gunvor Group Ltd from 2009 to 2019.

Experience working on the Engineering Development Programme of ARCO from 1998 to 2000. Gasoline Trader for BP from 2005 to 2018.

Diversity, Equity & Inclusion at Sparta Commodities

Millie Cooper headshot

Millie Cooper (Talent Acquisition Specialist)

  • At Sparta Commodities, we are committed to fostering a culture of equity where every individual is valued, respected, and empowered to thrive. We believe in creating equal opportunities for all, regardless of race, gender, sexual orientation, religion, or any other dimension of diversity. Through our dedication to equity, we strive to build a workplace where everyone has the chance to succeed, contribute their unique perspectives, and feel a sense of belonging.

Endorsements

All

My opinions are valued (4)

Flexible working (4)

Challenging work (3)

Intelligent people (3)

Nice people (2)

Hard working team (2)

Focus on employee wellbeing (2)

Opportunities to learn (1)

Career progression (1)

Open and honest communication (1)

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