Spave Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 14

Employees

  • Latest Deal Type
  • M&A

Spave General Information

Description

Developer of a social giving and savings application designed to facilitate charitable donations. The company offers a mobile platform that integrates with financial accounts to round up purchases or apply percentages to transactions, thereby enabling users to fund personal savings goals and support nonprofit organizations through everyday spending activity.

Contact Information

Website
www.spave.io
Formerly Known As
Live Give Save, LGS
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 1307 West 6th Street
  • Red Wing, MN 55066
  • United States
+1 (715)
Primary Industry
Financial Software
Other Industries
Application Software
Other Financial Services
Parent Company
Reseda Group
Vertical(s)
Corporate Office
  • 1307 West 6th Street
  • Red Wing, MN 55066
  • United States
+1 (715)

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Spave Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Merger/Acquisition 01-Jun-2021 Completed Generating Revenue
7. Later Stage VC 16-Feb-2021 Completed Generating Revenue
6. Early Stage VC 06-Aug-2020 Completed Generating Revenue
5. Early Stage VC 30-Jun-2020 Completed Generating Revenue
4. Grant 16-Mar-2020 Completed Generating Revenue
3. Accelerator/Incubator 01-Jan-2020 Completed Generating Revenue
2. Grant 18-Oct-2019 $10K $20K Completed Generating Revenue
1. Accelerator/Incubator 01-Jun-2018 $20K $20K Completed Startup
To view Spave’s complete valuation and funding history, request access »

Spave Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a social giving and savings application designed to facilitate charitable donations. The company offers a m
Financial Software
Red Wing, MN
14 As of 2026

Irvine, CA
 

Minneapolis, MN
 
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Spave Competitors (3)

One of Spave’s 3 competitors is Acorns Grow, a Venture Capital-Backed company based in Irvine, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Acorns Grow Venture Capital-Backed Irvine, CA
NetGiver Venture Capital-Backed Minneapolis, MN
Softgiving Corporation Atlanta, GA
You’re viewing 3 of 3 competitors. Get the full list »

Spave Patents

Spave Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20180211329-A1 Micro-self-taxing banking transaction and method Inactive 23-Jan-2017
US-20210073919-A1 Micro-self-taxing banking transaction and method Inactive 23-Jan-2017

Spave 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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Spave Former Investors (7)

Investor Name Investor Type Holding Investor Since Participating Rounds
CFV Ventures Venture Capital Minority
Golden Triangle Fund Angel Group Minority
Minnesota Department of Employment and Economic Development Government
Queen City Fintech Accelerator/Incubator Minority
RevTech Labs Capital Venture Capital Minority
You’re viewing 5 of 7 investors. Get the full list »

Spave FAQs

  • When was Spave founded?

    Spave was founded in 2016.

  • Where is Spave headquartered?

    Spave is headquartered in Red Wing, MN.

  • What is the size of Spave?

    Spave has 14 total employees.

  • What industry is Spave in?

    Spave’s primary industry is Financial Software.

  • Is Spave a private or public company?

    Spave is a Private company.

  • What is Spave’s current revenue?

    The current revenue for Spave is .

  • How much funding has Spave raised over time?

    Spave has raised $1.99M.

  • Who are Spave’s investors?

    CFV Ventures, Golden Triangle Fund, Minnesota Department of Employment and Economic Development, Queen City Fintech, and RevTech Labs Capital are 5 of 7 investors who have invested in Spave.

  • Who are Spave’s competitors?

    Acorns Grow, NetGiver, and Softgiving are competitors of Spave.

  • When was Spave acquired?

    Spave was acquired on 01-Jun-2021.

  • Who acquired Spave?

    Spave was acquired by Reseda Group.

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