About Spindle
Spindle is a Media & Entertainment company based in Boston (United States) founded in 2010, and was acquired by Twitter in June 2013. Social feed aggregator platform. Spindle has raised $1.5 million across 6 funding rounds from investors including Lerer Hippeau, Atlas Venture and Polaris Partners. The company has 2 employees. Spindle has completed 3 acquisitions, including CoverCake, Yowza and Yowza Merchant. The company was acqui-hired. Its focus areas include Consumer, Social Platforms, Enabler and Social Feeds Aggregator. Its legal entity is SPINDLE, INC. Its competitors include About.me, Rockmelt and Vizify; 3 of its 3 listed competitors have raised funding.
Company details
Spindle was founded in 2010 in Boston, United States, as a developer of photo editing applications. A geo-restricted real-time stream is operated through a mobile app, where content from Facebook and Twitter is aggregated. Users are enabled to access posts relevant to nearby shops, restaurants, bars, event venues, museums, art galleries, parks, and other organizations in the social media aggregation sector.
- Headquarters Boston, United States
- Employees 2
- Stage Acquired
- SectorsMedia & Entertainment
- Email••••••••
- Website spindle.com
- Social LinkedIn X Facebook
- Acquired by Twitter (Jun 2013)
- Legal Name Spindle, Inc
- Total Equity Funding$1.5M (USD)
in 6 rounds
- Latest Funding Round$1.24M (USD), Post-IPO
Jun 2016
- InvestorsLerer Hippeau
& 7 more
- Employee Count2
- Investments & AcquisitionsCoverCake
& 2 more
- Acquired byTwitter
(Jun 2013)
Funding Insights of Spindle
Spindle has successfully raised a total of $1.5M across 6 strategic funding rounds. The most recent funding activity was a Post-IPO round of $1.24 million completed in June 2016. 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 $1.5M
- Total Rounds 6
- Last Round Post-IPO — $1.24M
- First Round $1.5M
(May 2011)
- Investors Count 7
All 6 funding rounds of Spindle 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 |
|---|---|---|---|---|---|
| Jun 2016 | $1.24M | Post-IPO | – | – | – |
| Jun 2015 | $1.61M | Post-IPO | – | – | – |
| Apr 2015 | $100,000 | Post-IPO | – | – | – |
| Aug 2014 | $90,000 | Post-IPO | – | – | – |
| Nov 2012 | $2.3M | Post-IPO | – | – | |
| May 2011 | $1.5M | Seed | – | – | – |
8 investors in total: 7 institutional and 1 angel.
Investors in Spindle
Spindle has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Lerer Hippeau, Atlas Venture and Polaris Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
US focused venture capital firm | polarispartners.com | Boston, United States | ||
Venture capital firm specializing in early-stage tech investments and founder support. | 1965 | greylock.com | ||
Early-stage investments are provided to transformative technology companies. | svangel.com | San Francisco, United States | ||
Venture capital firm investing in life science and biotechnology sectors | 1980 | atlasventure.com | Cambridge, United States | |
Tech focused pre seed VC firm investing in the US | project11.com | Boston, United States | ||
USA focused VC firm investing in seed and early stage startups | 2010 | lererhippeau.com | New York, United States | |
Social platform for microblogging | twitter.com | San Francisco, United States | ||
RO Ray Ozzie | Software pioneer, angel investor, creator of Lotus Notes, ex-Microsoft CTO | unknown_2ada011366f747999 |
Investor details for Spindle
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Spindle
Spindle has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include CoverCake, Yowza and Yowza Merchant.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Limited information available | covercake.com | Mountain View, United States | 2010 | Apr 2017 | •••• | |
Local deals and coupons are delivered via a mobile app. | getyowza.com | Los Angeles, United States | 2009 | Dec 2013 | •••• | |
Cloud-based point-of-sale platforms are offered to merchants. | yowzamerchant.com | Los Angeles, United States | 2009 | Dec 2013 | •••• |
Complete acquisition details for Spindle
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Spindle
7 dated milestones of Spindle across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Spindle is founded.
- Funding First funding round of $1.5M.
- Exit Acquired by Twitter.
- Acquisition Acquires Yowza.
- Acquisition Acquires Yowza Merchant.
- Funding Latest funding round, Post-IPO, of $1.2M.
- Acquisition Acquires CoverCake.
Competitors of Spindle
Spindle has 3 listed competitors in our database, 3 of them funded. They include About.me, Rockmelt and Vizify.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| about.me | 2009 | San Francisco, United States | $17.11M | Multiple online identities are linked via personal web hosting platform. | ||
| rockmelt.com | 2009 | Mountain View, United States | $39.88M | A social media web browser was developed by Rockmelt. | ||
| vizify.com | 2011 | Portland, United States | $2.61M | Content from social media is aggregated into graphical biographies. |
Detailed competitors of Spindle
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.
Top companies in Social Platforms
3 companies that operate in the same segment as Spindle (Social Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Metaverse platforms and VR devices are developed for immersive interactions. | 2004 | Menlo Park, California, United States | USD 200.97 B | |||
Online social networking and communication services are provided globally. | 2004 | Menlo Park, California, United States | USD 1.77 B | 23,339 | ||
ESports social video streaming platform | 2006 | San Francisco, California, United States | USD 35.12 M |
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Frequently Asked Questions about Spindle
Spindle was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Spindle is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Spindle is a funded company, having raised a total of $1.5M across 6 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on May 2011.
Spindle has 2 employees.
Spindle was founded in 2010 in Boston, United States, as a developer of photo editing applications. A geo-restricted real-time stream is operated through a mobile app, where content from Facebook and Twitter is aggregated. Users are enabled to access posts relevant to nearby shops, restaurants, bars, event venues, museums, art galleries, parks, and other organizations in the social media aggregation sector.
Spindle has made 3 acquisitions, including CoverCake, Yowza, and Yowza Merchant.
Spindle has 8 investors. Key investors include Lerer Hippeau, Atlas Venture, Polaris Partners, Greylock Partners, and SV Angel.
Spindle operates through Spindle, Inc.
Yes. Spindle was acquired by Twitter in June 2013.