SPARE Overview
- Year Founded
-
2013
- Status
-
Private
- Employees
-
15
- 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
Website
www.gotspare.comCorporate Office
- 750 San Vicente Boulevard 800
- West Hollywood, CA 90069
- United States
Corporate Office
- 750 San Vicente Boulevard 800
- West Hollywood, CA 90069
- United States
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 |
SPARE Comparisons
Industry
Financing
Details
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 |
SPARE Signals
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 |
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.
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What industry is SPARE in?
SPARE’s primary industry is Financial Software.
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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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