About Spendr
Spendr is a company based in Cincinnati (United States) founded in 2021 by Lucas Gould.. Spendr has raised $2.83 million across 2 funding rounds. Spendr offers products and services including Spendr App. Spendr operates in a competitive market with competitors including POSaBIT, Green Check Verified, PayQwick, Alt Thirty Six and Paybotic, among others.
- Headquarter Cincinnati, United States
- Founders Lucas Gould
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Spendr Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.83 M (USD)
in 2 rounds
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Latest Funding Round
$2.73 M (USD), Series A
Jan 21, 2025
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Investors
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Employee Count
Employee Count
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Products & Services of Spendr
Spendr offers a comprehensive portfolio of products and services, including Spendr App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Mobile app for fee-free dispensary payments and earning rewards.
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Funding Insights of Spendr
Spendr has successfully raised a total of $2.83M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.73 million completed in January 2025. 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 Total Funding
- Total Rounds 2
- Last Round Series A — $2.7M
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First Round
First Round
(30 Jun 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Series A - Spendr | Valuation |
investors |
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| Jun, 2021 | Amount | Seed - Spendr | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Spendr
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Spendr
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Spendr Comparisons
Competitors of Spendr
Spendr 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 POSaBIT, Green Check Verified, PayQwick, Alt Thirty Six and Paybotic, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
POS software and hardware are provided for cannabis retailers.
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| domain | founded_year | HQ Location |
Cloud-based regulatory compliance is provided for the legal cannabis industry.
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| domain | founded_year | HQ Location |
A B2B payment platform is provided for the cannabis industry.
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| domain | founded_year | HQ Location |
Payment processing solutions are offered to the cannabis industry.
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| domain | founded_year | HQ Location |
Offers secure compliant payment solutions for cannabis dispensaries and services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Spendr
Frequently Asked Questions about Spendr
When was Spendr founded?
Spendr was founded in 2021.
Where is Spendr located?
Spendr is headquartered in Cincinnati, United States. It is registered at Cincinnati, Ohio, United States.
Who is the current CEO of Spendr?
Lucas Gould is the current CEO of Spendr. They have also founded this company.
Is Spendr a funded company?
Spendr is a funded company, having raised a total of $2.83M across 2 funding rounds to date. The company's 1st funding round was a Seed of $106.25K, raised on Jun 30, 2021.
What does Spendr do?
Spendr was founded in 2021 by Lucas Gould in Cincinnati, United States. An online payment platform is operated to handle transactions in the cannabis sector. Services are centered on secure processing for cannabis-related purchases, with operations based in the US. The platform addresses payment challenges specific to the industry, supporting businesses and consumers in compliant financial exchanges.
Who are the top competitors of Spendr?
Spendr's top competitors include POSaBIT, Green Check Verified and PayQwick.
What products or services does Spendr offer?
Spendr offers Spendr App.