Spyce Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 51

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $50.7M

Spyce General Information

Description

Developer of a fully robotic kitchen designed to revolutionize the fast-food industry. The company's robotic kitchen is a full-functioning automated kitchen that combines a fridge, dishwasher, stove-top, and a robotic chef in one device to serve meals from fresh ingredients with no human involvement, enabling consumers to access cheap, healthy fast food without compromising quality.

Contact Information

Website
www.spyce.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 28 Dane Street
  • Somerville, MA 02143
  • United States
+1 (617)
Primary Industry
Other Restaurants, Hotels and Leisure
Other Industries
Application Software
Food Products
Restaurants and Bars
Acquirer
Sweetgreen
Vertical(s)
FoodTech, Robotics and Drones
Corporate Office
  • 28 Dane Street
  • Somerville, MA 02143
  • United States
+1 (617)

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Spyce Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Merger/Acquisition 07-Sep-2021 $50.7M Completed Generating Revenue
7. Later Stage VC Completed Generating Revenue
6. Debt - PPP 14-Apr-2020 Completed Generating Revenue
5. Early Stage VC (Series A) 07-Sep-2018 Completed Generating Revenue
4. Seed Round 28-Aug-2017 Completed Generating Revenue
3. Seed Round 26-Jul-2016 Completed Startup
2. Accelerator/Incubator 29-Sep-2015 $20K $20K Completed Startup
1. Accelerator/Incubator Completed Startup
To view Spyce’s complete valuation and funding history, request access »

Spyce Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate ($) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A
Seed-1
Seed 2,874,597 $0.000100 $0.08 $0.95 $0.95 1x $0.95 18.82%
To view Spyce’s complete cap table history, request access »

Spyce Patents

  • 11

    Total Documents Applications and Grants

  • Total Patents Families

  • 5

    Granted

  • 2

    Pending

  • Expiring in next 12 mo

Spyce Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240225075-A1 Food receptacle track for meal production system Pending 22-Oct-2020
US-12089788-B1 Dispenser for meal production system Active 22-Oct-2020
US-20190329419-A1 Robotic heating apparatus and method Active 30-Apr-2018
US-11198222-B2 Robotic heating apparatus and method Active 30-Apr-2018
EP-3788845-A1 Robotic heating apparatus and method Inactive 30-Apr-2018 B25J11/0045
To view Spyce’s complete patent history, request access »

Spyce Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Spyce Former Investors (25)

Investor Name Investor Type Holding Investor Since Participating Rounds
BackBone Ventures Venture Capital Minority
Bolt (Private Equity) Venture Capital Minority
Collaborative Fund Venture Capital Minority
Angel (individual) Minority
Dorm Room Fund Venture Capital Minority
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Spyce FAQs

  • When was Spyce founded?

    Spyce was founded in 2015.

  • Where is Spyce headquartered?

    Spyce is headquartered in Somerville, MA.

  • What is the size of Spyce?

    Spyce has 51 total employees.

  • What industry is Spyce in?

    Spyce’s primary industry is Other Restaurants, Hotels and Leisure.

  • Is Spyce a private or public company?

    Spyce is a Private company.

  • What is the current valuation of Spyce?

    The current valuation of Spyce is .

  • What is Spyce’s current revenue?

    The current revenue for Spyce is .

  • How much funding has Spyce raised over time?

    Spyce has raised $24.9M.

  • Who are Spyce’s investors?

    BackBone Ventures, Bolt (Private Equity), Collaborative Fund, , and Dorm Room Fund are 5 of 25 investors who have invested in Spyce.

  • When was Spyce acquired?

    Spyce was acquired on 07-Sep-2021.

  • Who acquired Spyce?

    Spyce was acquired by Sweetgreen.

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