FI  Sparta Group

http://www.deshpandefoundation.org





     Office Locations:

c/o Deshpande Foundation
92 Montvale Ave., Suite 2500
Stoneham, MA 02180
Phone: 781-481-9055
Fax: 781-481-9155

 

Stages:

  • Early
  • Seed


 

Industries:

  • Information Technology
  • Real Estate & Construction

  •  

    Description:

    Sparta Group is the private investment office of Gururaj 'Desh' Deshpande, and oversees the activities for the Deshpande Foundation. Sparta invests in a broad range of assets, including early-stage technology companies, hedge funds, private equity, direct investments, real assets, and public securities. A foundation with international reach, the Deshpande Foundation focuses on development, health, education and other areas. Desh Deshpande is the founder and chairman of Sycamore Networks, and formerly of Cascade Communications. The Deshpande Foundation and a coalition of colleges and non-profit groups recently announced that a planned entrepreneurship center based at the University of Massachusetts Lowell will be called the Merrimack Valley Sandbox (see profile), and that it will be funded with $5 million from the Deshpande Foundation over five years, and an expected $10 million in supplemental funds from outside backers. The Pond-Deshpande Centre for Innovation and Entrepreneurship was launched at the University of New Brunswick, Canada to act as a catalyst to advance innovation and entrepreneurship in the province.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Christopher Gannon Associate
    David Parker Executive Director
    Gururaj Deshpande Founder
    Jaishree Deshpande Founder
    Naveen Jha CEO Deshpande Foundation

     

    Portfolio companies include:


      A123 Systems
        web link


      Airvana
        web link


      Augmenix
        web link


      iDL Systems
        web link


      Ocular Therapeutix
        web link


      Relicore
        web link


      Tejas Networks
        web link


     

    Recent News:


      There is no recent news for Sparta Group.