SPARE Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Private

  • Employees
  • 15

Employees

  • Latest Deal Type
  • Accelerator/​Inc

  • Investors
  • 13

SPARE General Information

Description

Developer of a mobile banking platform intended to create convenient access to cash from virtual currency. The company's platform offers merchants, and financial institutions, the ability to dispense cash from their cash registers, directly into the hands of consumers, enabling businesses to reduce the slack in the money-moving process.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 750 San Vicente Boulevard 800
  • West Hollywood, CA 90069
  • United States
Primary Industry
Financial Software
Vertical(s)
Corporate Office
  • 750 San Vicente Boulevard 800
  • West Hollywood, CA 90069
  • United States

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SPARE Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
12. Accelerator/Incubator 18-Nov-2025 Completed Generating Revenue
11. Accelerator/Incubator Completed Generating Revenue
10. Accelerator/Incubator Completed Generating Revenue
9. Accelerator/Incubator 01-Jan-2023 Completed Generating Revenue
8. Accelerator/Incubator 26-Jul-2022 Completed Generating Revenue
7. Merger/Acquisition 14-Jan-2018 Cancelled Generating Revenue
6. Equity Crowdfunding 22-Sep-2017 Completed Generating Revenue
5. Seed Round 01-Aug-2016 Completed Generating Revenue
4. Grant 24-May-2016 $50K $70K Completed Generating Revenue
3. Accelerator/Incubator 28-Apr-2016 $70K Completed Generating Revenue
To view SPARE’s complete valuation and funding history, request access »

SPARE Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a mobile banking platform intended to create convenient access to cash from virtual currency. The company's
Financial Software
West Hollywood, CA
15 As of 2026

London, United Kingdom
 

London, United Kingdom
 
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SPARE Competitors (65)

One of SPARE’s 65 competitors is Rapyd, a Venture Capital-Backed company based in London, United Kingdom.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Rapyd Venture Capital-Backed London, United Kingdom
Currencycloud Formerly VC-backed London, United Kingdom
Sonect Formerly VC-backed Zurich, Switzerland
Eco Venture Capital-Backed San Francisco, CA
Revolut Venture Capital-Backed London, United Kingdom
You’re viewing 5 of 65 competitors. Get the full list »

SPARE 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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SPARE Investors (13)

Investor Name Investor Type Holding Investor Since Participating Rounds
Black Ambition Accelerator/Incubator
CONNECT (San Diego) Accelerator/Incubator
Techstars Accelerator/Incubator Minority
Angel (individual) Minority
Angel (individual) Minority
You’re viewing 5 of 13 investors. Get the full list »

SPARE FAQs

  • When was SPARE founded?

    SPARE was founded in 2013.

  • Where is SPARE headquartered?

    SPARE is headquartered in West Hollywood, CA.

  • What is the size of SPARE?

    SPARE has 15 total employees.

  • What industry is SPARE in?

    SPARE’s primary industry is Financial Software.

  • Is SPARE a private or public company?

    SPARE is a Private company.

  • What is SPARE’s current revenue?

    The current revenue for SPARE is .

  • How much funding has SPARE raised over time?

    SPARE has raised $425K.

  • Who are SPARE’s investors?

    Black Ambition, CONNECT (San Diego), Techstars, , and are 5 of 13 investors who have invested in SPARE.

  • Who are SPARE’s competitors?

    Rapyd, Currencycloud, Sonect, Eco, and Revolut are some of the 65 competitors of SPARE.

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