About CardSpring
CardSpring is a Financial Services company based in Palo Alto (United States) founded in 2010, and was acquired by Twitter in July 2014. Mobile applications are connected to payment cards via APIs. CardSpring has raised $10 million across 2 funding rounds from investors including Accel, Greylock Partners and Techammer. Its focus areas include FinTech, Payments, Business Payments and POS Payments. Its competitors include PayRange and FreedomPay; 2 of its 2 listed competitors have raised funding.
Company details
CardSpring was founded in 2010 in Palo Alto, United States, as a payments infrastructure provider. APIs are offered to enable developers to integrate applications with the payment network, facilitating card-linked services for merchants and point-of-sale vendors. Local merchants are supported through CardSpring Connect, which links online promotions to physical store discounts via credit card syncing. The company was acquired by Twitter in 2014 to enhance advertising capabilities.
- Headquarters Palo Alto, United States
- Stage Acquired
- SectorsFinancial Services
- Website cardspring.com
- Social LinkedIn X Facebook
- Acquired by Twitter (Jul 2014)
Funding Insights of CardSpring
CardSpring has successfully raised a total of $10M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in January 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $10M
- Total Rounds 2
- Last Round Series A — $10M
- Investors Count 8
All 2 funding rounds of CardSpring with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
9 investors in total: 9 institutional.
Investors in CardSpring
CardSpring has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Accel, Greylock Partners and Techammer.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
Venture capital firm specializing in early-stage tech investments and founder support. | 1965 | greylock.com | ||
Techammer is engaged in angel investing and supporting innovative founders. | techammer.co | |||
Investments in technology startups are made by Felicis Ventures. | felicis.com | Menlo Park, United States | ||
US based VC firm investing in seed stage | moradoventures.com | San Francisco, United States | ||
VC firm investing in the US | winfunding.com | San Francisco, United States | ||
Early-stage investments are provided to transformative technology companies. | svangel.com | San Francisco, United States | ||
Venture capital firm focused on multiple sectors | dcvc.com | Palo Alto, United States | ||
Social platform for microblogging | twitter.com | San Francisco, United States |
Investor details for CardSpring
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of CardSpring
19 people are tracked at CardSpring (5 in leadership, 14 in team).
| Name | Role | Group |
|---|---|---|
Anonymous | VP, Product | Leadership |
Haim V. | Director, X Developer Platform | Leadership |
Kylie M. | Director Of Product Management | Leadership |
Elon Musk | Chief Twit | Leadership |
Nikita Bier | Head of Product | Leadership |
Margarita O. | Product Manager | Team |
Taiki Yukawa | Devplatform - Data Partnership Manager | Team |
Nash Faulk | Contributor | Team |
Luis Solis | Group Product Manager | Team |
Evan Dolgow | 𝕏 Data & Apis | Team |
Sidhant Uthra | Growth & Product Analytics | Team |
Brandon Jacoby | Design | Team |
Martijn de Kuijper | Senior Product Manager | Team |
Madison G. | Senior Product Manager | Team |
Justin Hoang | Group Product Manager | Team |
Rashad A. | Senior Analyst, Tableau Product Owner | Team |
Nate Esparza | Sr. Technical Product Manager | Team |
Brian Kahrs | Sr. Product Manager | Team |
Allison Shafir | Product Manager, Monetization | Team |
Complete people profiles for CardSpring
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Timeline of CardSpring
4 dated milestones of CardSpring across 4 years, from founding to its latest funding, stage changes and deals.
- Founded CardSpring is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $10.0M.
- Exit Acquired by Twitter.
Competitors of CardSpring
CardSpring has 2 listed competitors in our database, 2 of them funded. They include PayRange and FreedomPay.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| payrange.com | 2013 | Portland, United States | $85.14M | 21 | Mobile payments for vending machines are facilitated via smartphone app. | |
| freedompay.com | 2000 | Radnor, United States | $7.76M | 243 | Online payment gateway and MPOS solutions are offered to businesses. |
Detailed competitors of CardSpring
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of CardSpring
Websites that share an audience with CardSpring (cardspring.com).
Websites whose visitors overlap most with CardSpring. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| americanexpress.com | 100% | 107.4M | #276 | View details | |
creditcardapplications.com | creditcardapplications.com | 96% | – | ||
creditcardforum.com | creditcardforum.com | 69% | – |
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as CardSpring (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
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Related news about Cardspring
Complete news archive for CardSpring
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Frequently Asked Questions about CardSpring
CardSpring was founded in 2010 and raised its 1st funding round 1 year after it was founded.
CardSpring is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
CardSpring is a funded company, having raised a total of $10M across 2 funding rounds to date.
CardSpring was founded in 2010 in Palo Alto, United States, as a payments infrastructure provider. APIs are offered to enable developers to integrate applications with the payment network, facilitating card-linked services for merchants and point-of-sale vendors. Local merchants are supported through CardSpring Connect, which links online promotions to physical store discounts via credit card syncing. The company was acquired by Twitter in 2014 to enhance advertising capabilities.
CardSpring's top competitors include PayRange and FreedomPay.
CardSpring has 9 investors. Key investors include Accel, Greylock Partners, Techammer, Felicis Ventures, and Morado Ventures.
Yes. CardSpring was acquired by Twitter in July 2014.