About SPARE
SPARE is a company based in West Hollywood (United States) founded in 2013 by Dontra Hughes and Tim Caspersen. SPARE has raised $20 thousand across 1 funding round from investors including Techstars. SPARE operates in a competitive market with competitors including Sonect, SOCASH, PocketATM, Airbanq and Nakitex, among others.
- Headquarter West Hollywood, United States
- Founders Dontra Hughes, Tim Caspersen
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Spare Cs, Inc.
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Annual Revenue
$15.28 K (USD)2079as on Dec 31, 2016
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Net Profit
-$268.7 K (USD)-29068as on Dec 31, 2016
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EBITDA
Not available
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Total Equity Funding
$20 K (USD)
in 1 rounds
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Latest Funding Round
$20 K (USD), Seed
Jun 01, 2022
- Investors
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Employee Count
Not available
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People of SPARE
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Funding Insights of SPARE
SPARE has successfully raised a total of $20K through 1 strategic funding round. The most recent funding activity was a Seed round of $20 thousand completed in June 2022. 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.
Investors in SPARE
SPARE has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Techstars.
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Startups are accelerated globally without sector restrictions through structured programs.
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Investor details for SPARE
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Investments & Acquisitions by SPARE
Investment portfolio details for SPARE
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Financial Statements - SPARE
Detailed financials for SPARE
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Spare Comparisons
Peer comparison for SPARE
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Competitors of SPARE
SPARE operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sonect, SOCASH, PocketATM, Airbanq and Nakitex, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cash withdrawals are enabled at kiosks and shops via smartphones.
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Cash withdrawals are enabled through a mobile app platform.
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App-based cash dispensing and withdrawal solutions are provided for users.
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Offers a mobile app for cash checking and management.
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Offers an app-based platform for convenient cash withdrawals.
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Detailed competitors of SPARE
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Spare
Complete news archive for SPARE
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Frequently Asked Questions about SPARE
SPARE was founded in 2013 and raised its 1st funding round 9 years after it was founded.
SPARE is headquartered in West Hollywood, United States. It is registered at West Hollywood, California, United States.
Dontra Hughes is the current CEO of SPARE. They have also founded this company.
SPARE is a funded company, having raised a total of $20K across 1 funding round to date.
Annual revenue of SPARE is $15.28K as on Dec 31, 2016.
SPARE was founded in 2013 and is based in West Hollywood, United States. Operations focus on the fintech sector, where cash access is facilitated through virtual ATMs at local small businesses. Services provided include check cashing, peer-to-peer payments, and credit building tools. The application is offered on both Android and iOS platforms to support consumer financial needs.
SPARE has 1 investor. Key investors include Techstars.