Spiderg

Pune, India Founded: 2015 • Age: 11 yrs
Payment collection application and API ecosystem are developed for micro-businesses.
Annual revenue $17,367 Latest available
Total funding $592,846 7 rounds
Employees - Tracked headcount
Investors 32 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Spiderg

Spiderg is a company based in Pune (India) founded in 2015 by Harshal Vivek Ingale. Spiderg has raised $592.85 thousand across 7 funding rounds from investors including Maharashtra State Innovation Society, VGA Venture and Anuradha Harshal Morde. Spiderg operates in a competitive market with competitors including Vyapar, Upflow, IppoPay, Nupay and FloBiz, among others.

  • Headquarter Pune, India
  • Founders Harshal Vivek Ingale
  • Stage Minicorn
  • Sectors
    Technology
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $17.37 K (USD)
    -36
    as on Mar 31, 2022
  • Net Profit
    -$6.5 K (USD)
    87
    as on Mar 31, 2022
  • EBITDA
    -$6.11 K (USD)
    87
    as on Mar 31, 2022
  • Total Equity Funding
    $592.85 K (USD)

    in 7 rounds

  • Latest Funding Round
    $121.25 K (USD), Angel Round

    Jan 31, 2020

  • Investors
  • Employee Count
    Not available
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Funding Insights of Spiderg

Spiderg has successfully raised a total of $592.85K across 7 strategic funding rounds. The most recent funding activity was a Angel Round of $121.25 thousand completed in January 2020. 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 Spiderg

Spiderg has secured backing from 32 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Maharashtra State Innovation Society, VGA Venture and Anuradha Harshal Morde.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital fund focused on early-stage tech startups
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Promotion of innovation and digital services in Maharashtra.
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Investor details for Spiderg

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Investments & Acquisitions by Spiderg

Investments
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Investment portfolio details for Spiderg

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Financial Statements - Spiderg

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Detailed financials for Spiderg

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Spiderg Comparisons

Spiderg Primary company
Description
Payment collection application and API ecosystem are develop...
Location
Pune, India
Founded Year
2015
Annual Revenue
$17.37 K (USD)
Net Profit
-$6.5 K (USD)
EBITDA
-$6.11 K (USD)
Employees
Not available
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Peer comparison for Spiderg

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Competitors of Spiderg

Spiderg 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 Vyapar, Upflow, IppoPay, Nupay and FloBiz, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cloud-based invoicing and inventory tools for small businesses are provided.
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SaaS solutions for accounts receivables management are delivered to businesses.
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QR codes and UPIs are used for business payment acceptance.
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API infrastructure for banking, payments, lending, and reconciliation is provided.
Locked Locked Locked
Mobile-first billing and accounting solutions for SMBs are provided.
Locked Locked Locked
Cloud-based invoicing solutions are offered for small businesses.
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Detailed competitors of Spiderg

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Latest news on Spiderg

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Complete news archive for Spiderg

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Frequently Asked Questions about Spiderg

Spiderg was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Spiderg is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Spiderg is a funded company, having raised a total of $592.85K across 7 funding rounds to date.

Annual revenue of Spiderg is $17.37K as on Mar 31, 2022.

Spiderg was founded in 2015 in Pune, India, within the fintech sector. A platform is provided for automating payment collection and reconciliation, targeting micro-businesses. Features such as recurring invoices, auto-reconciliation, record-keeping, alerts, and invoice tracking are included. Receivables are collected on time through this ecosystem, with operations focused on streamlining financial processes in the Indian market.

Spiderg's top competitors include Vyapar, FloBiz and Upflow.

Spiderg has 32 investors. Key investors include Maharashtra State Innovation Society, VGA Venture, Anuradha Harshal Morde, Nilofer Ebrahim, and Rajesh Vaishnav.

The valuation of Spiderg is $2.66M as of Jan 2020.

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