About Spreedly
Spreedly is a company based in Durham (United States) founded in 2007 was acquired by Pin Payments in July 2013.. Spreedly has raised $82.82 million across 8 funding rounds from investors including Spectrum Equity, E-Merge and Pin Payments. The company has 127 employees as of December 31, 2021. Spreedly has completed 1 acquisition, including Clinck. Spreedly offers products and services including Vault, Connect, Protect, Optimize, and Resolve. Spreedly operates in a competitive market with competitors including Juspay, Zuora, PPRO, ZOOZ and Finmo, among others.
- Headquarter Durham, United States
- Employees 127 as on 31 Dec, 2021
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Spreedly, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$82.82 M (USD)
in 8 rounds
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Latest Funding Round
$75 M (USD), Series C
Nov 13, 2019
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Investors
Spectrum Equity
& 2 more
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Employee Count
127
as on Dec 31, 2021
- Investments & Acquisitions
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Acquired by
Pin Payments
(Jul 15, 2013)
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Products & Services of Spreedly
Spreedly offers a comprehensive portfolio of products and services, including Vault, Connect, Protect, Optimize, and Resolve. 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.
Secures customer payment data for enhanced protection and storage.
Integrates and manages various payment services for businesses.
Applies strategies to minimize fraud in payment transactions.
Boosts payment success rates and reliability across connections.
Offers insights for monitoring and improving payment performance.
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Software Development Team
17 people
Senior Team
9 people
Product Management Team
8 people
Leadership Team
8 people
Sales and Marketing
4 people
Human Resources and Administration
4 people
Data Analysis and Operations Team
2 people
Customer Team
1 people
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Funding Insights of Spreedly
Spreedly has successfully raised a total of $82.82M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $75 million completed in November 2019. 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 8
- Last Round Series C — $75.0M
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First Round
First Round
(01 Dec 2012)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Series C - Spreedly | Valuation | Spectrum Equity |
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| Feb, 2016 | Amount | Series A - Spreedly | Valuation | E-Merge |
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| Oct, 2015 | Amount | Series A - Spreedly | Valuation |
investors |
| 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 |
Investors in Spreedly
Spreedly has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Spectrum Equity, E-Merge and Pin Payments. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Growth equity investments and partnerships in finance and related sectors.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Online payment solutions are provided for businesses and platforms.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Spreedly
Spreedly has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Clinck. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Customized digital business cards are managed via a mobile app.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Spreedly
| 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 |
Spreedly Comparisons
Competitors of Spreedly
Spreedly 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 Juspay, Zuora, PPRO, ZOOZ and Finmo, 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 |
Payment orchestration, recurring payments, and checkout flow solutions are provided.
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| domain | founded_year | HQ Location |
Cloud-based invoice and subscription management solutions for businesses
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| domain | founded_year | HQ Location |
Merchant acquiring and orchestration solutions are provided for payments.
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| domain | founded_year | HQ Location |
Cloud-based payment routing solutions are provided for business merchants.
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| domain | founded_year | HQ Location |
Payment orchestration solutions are provided for business and consumer transactions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Spreedly
Frequently Asked Questions about Spreedly
When was Spreedly founded?
Spreedly was founded in 2007 and raised its 1st funding round 5 years after it was founded.
Where is Spreedly located?
Spreedly is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.
Is Spreedly a funded company?
Spreedly is a funded company, having raised a total of $82.82M across 8 funding rounds to date. The company's 1st funding round was a Series A of $2.5M, raised on Dec 01, 2012.
How many employees does Spreedly have?
As of Dec 31, 2021, the latest employee count at Spreedly is 127.
What does Spreedly do?
Founded in 2007 and based in Durham, United States, Spreedly operates in the fintech sector as a payment orchestration platform. International transactions are enabled through integrations with multiple gateways and third-party APIs. Cross-industry analytics are provided to optimize each transaction. Card tokenization and vaulting services are offered, alongside gateway and receiver integrations. The platform is utilized by tens of thousands of retailers, aggregators, and fintechs worldwide to support scaling operations.
What products or services does Spreedly offer?
Spreedly offers Vault, Connect, Protect, Optimize, and Resolve.
How many acquisitions has Spreedly made?
Spreedly has made 1 acquisition, including Clinck.
Who are Spreedly's investors?
Spreedly has 3 investors. Key investors include Spectrum Equity, E-Merge, and Pin Payments.
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