About Spendr
Spendr is a Financial Services company based in Cincinnati (United States) founded in 2021 by Lucas Gould. Online payments for cannabis transactions are enabled by Spendr. Spendr has raised $2.83 million across 2 funding rounds. Its chief executive, as recorded, is Lucas Gould. Its website spendr.com draws about 14 thousand monthly visits. Spendr offers products and services including Spendr App. Its focus areas include FinTech, Payments, Business Payments and Industry Specific. Its legal entity is Spendr LLC. Its competitors include POSaBIT, Green Check Verified and PayQwick; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Cincinnati, United States
- Founders Lucas Gould
- SectorsFinancial Services
- Website spendr.com
- Social LinkedIn X Facebook YouTube
- Legal Name Spendr Llc
- Total Equity Funding$2.83M (USD)
in 2 rounds
- Latest Funding Round$2.73M (USD), Series A
Jan 2025
Products & Services of Spendr
Spendr offers a comprehensive portfolio of products and services, including Spendr App.
Mobile app for fee-free dispensary payments and earning rewards.
Apps and channels of Spendr
its YouTube channel Spendr has 8 subscribers and 5 videos.
Videos from Spendr
The most watched videos on Spendr's YouTube channel, Spendr (8 subscribers). Click a video to play it here.
More on Spendr.
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 $2.83M
- Total Rounds 2
- Last Round Series A — $2.73M
- First Round $106,250
(Jun 2021)
All 2 funding rounds of Spendr with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2025 | $2.73M | Series A | – | – | – |
| Jun 2021 | $106,250 | Seed | – | – | – |
People of Spendr
2 people are tracked at Spendr (2 in leadership).
| Name | Role | Group |
|---|---|---|
Lucas Gould | Founder & CEO | Leadership |
Austin Schneider | Head Of Customer Success | Leadership |
Complete people profiles for Spendr
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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Timeline of Spendr
3 dated milestones of Spendr across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Spendr is founded.
- Funding First funding round of $106K.
- Funding Latest funding round, Series A, of $2.7M.
Competitors of Spendr
Spendr has 3 listed competitors in our database, 3 of them funded. They include POSaBIT, Green Check Verified and PayQwick.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| posabit.com | 2015 | Seattle, United States | $6.48M | 34 | POS software and hardware are provided for cannabis retailers. | |
| greencheckverified.com | 2017 | New Haven, United States | $12.6M | 42 | Cloud-based regulatory compliance is provided for the legal cannabis industry. | |
| payqwick.com | 2013 | Calabasas, United States | $3.91M | 26 | A B2B payment platform is provided for the cannabis industry. |
Detailed competitors of Spendr
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Spendr
The website of Spendr (spendr.com) receives about 14.5K visits a month.
- Monthly visits14.5K
▼ 27% vs previous month
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Spendr (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 Spendr
Complete news archive for Spendr
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- Older coverage
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Frequently Asked Questions about Spendr
Spendr was founded in 2021.
Spendr is headquartered in Cincinnati, United States. It is registered at Cincinnati, Ohio, United States.
Lucas Gould is the CEO of Spendr, as recorded in our data. They have also founded this 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 2021.
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.
Spendr's top competitors include POSaBIT, Green Check Verified and PayQwick.
Spendr offers Spendr App.
Spendr operates through Spendr Llc.