Spreedly

Durham, United States Founded: 2007 • Age: 19 yrs Acquired By Pin Payments
Payment orchestration is facilitated for international transactions and analytics.

About Spreedly

Spreedly is a Financial Services company based in Durham (United States) founded in 2007, and was acquired by Pin Payments in July 2013. Payment orchestration is facilitated for international transactions and analytics. 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. Spreedly has completed 1 acquisition, including Clinck. Its website spreedly.com draws about 89 thousand monthly visits. Spreedly offers products and services including Vault, Connect, Protect, Optimize, and Resolve. Its focus areas include FinTech, Payments, Enablers and Payment Orchestration. Its legal entity is Spreedly, Inc. Its competitors include Zuora and GR4VY; 2 of its 2 listed competitors have raised funding.

Company details

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.

  • Headquarters Durham, United States
  • Employees 127
  • Stage Acquired
  • Sectors
    Financial Services
  • Website spreedly.com
  • Social LinkedIn X
  • Acquired by Pin Payments (Jul 2013)
  • Legal Name Spreedly, Inc.
Key Metrics
  • Total Equity Funding
    $82.82M (USD)

    in 8 rounds

  • Latest Funding Round
    $75M (USD), Series C

    Nov 2019

  • Investors
  • Employee Count
    127
  • Investments & Acquisitions
  • Acquired by
    Pin Payments

    (Jul 2013)

Products & Services of Spreedly

Spreedly offers a comprehensive portfolio of products and services, including Vault, Connect, Protect, Optimize, and Resolve.

Vault
Secure Data Management

Secures customer payment data for enhanced protection and storage.

Connect
Payment Stack Management

Integrates and manages various payment services for businesses.

Protect
Fraud Prevention

Applies strategies to minimize fraud in payment transactions.

Optimize
Transaction Optimization

Boosts payment success rates and reliability across connections.

Resolve
Reporting Tools

Offers insights for monitoring and improving payment performance.

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 $82.82M
  • Total Rounds 8
  • Last Round Series C β€” $75M
  • First Round $120,000

    (Dec 2012)

  • Investors Count 2

All 8 funding rounds of Spreedly with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2019$75MSeries C–Spectrum Equity
–
Feb 2016$3MSeries A–E-Merge
–
Oct 2015$2.5MSeries A––
Jan 2015$899,653Seed––
–
May 2014$499,793Seed––
–
Nov 2013$500,924Seed––
Jun 2013$300,647Seed––
Dec 2012$120,000Seed––
–
Valuation history

3 investors in total: 3 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Growth equity investments and partnerships in finance and related sectors.
spectrumequity.com
emerge.be
Online payment solutions are provided for businesses and platforms.
pin.net.auMelbourne, Australia
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Investor details for Spreedly

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People of Spreedly

62 people are tracked at Spreedly (19 in leadership, 43 in team); the tracked headcount is 127.

NameRoleGroup
Zachariah Stewart
VP Of Product EngineeringLeadership
John Reed
Senior Partner Development ManagerLeadership
David Corless
Sr. Director Of Fp&a And Data AnalyticsLeadership
Andy McHale
Sr Director Of Product And Market StrategyLeadership
Joseph Meuse
Vice President of Product ManagementLeadership
Tyler Hodgins
Sr. Director, Customer SuccessLeadership
Daniel Scagnelli
Senior Vice President Of Global Client ServicesLeadership
Justin Benson
CEOLeadership
Nellie Vail
Chief Financial OfficerLeadership
Peter Dougherty
PresidentLeadership
Fiona Dai
Chief Of Staff To The CEOLeadership
Mike Rivers
CTOLeadership
Rose Francois
Vice President , Global Partnerships And Business DevelopmentLeadership
Charlotte S.
Director Of Global EngineeringLeadership
Brian Wise
Vice President Of Account ManagementLeadership
Milay Gonzalez
Senior Director, Support ServicesLeadership
Steve Freund
VP Of Account ManagementLeadership
Hyunsoo K.
Partner Development ManagerLeadership
Kenza Khidioui
Partner Marketing ManagerLeadership
Crystal Stewart
Customer Success ManagerTeam

42 more people are available in the full profile.

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Investments & Acquisitions by Spreedly

Spreedly has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Clinck.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Customized digital business cards are managed via a mobile app.
clinck.meAmsterdam, Netherlands2013Aug 2023β€’β€’β€’β€’
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Timeline of Spreedly

5 dated milestones of Spreedly across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded Spreedly is founded.
  2. Funding First funding round of $120K.
  3. Exit Acquired by Pin Payments.
  4. Funding Latest funding round, Series C, of $75.0M.
  5. Acquisition Acquires Clinck.

Competitors of Spreedly

Spreedly has 2 listed competitors in our database, 2 of them funded. They include Zuora and GR4VY.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
zuora.com2007Redwood, United States$242.53M689
Cloud-based invoice and subscription management solutions for businesses
gr4vy.com2020San Mateo, United States$27.2M4
Cloud payment orchestration platform for businesses
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Detailed competitors of Spreedly

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Web traffic of Spreedly

The website of Spreedly (spreedly.com) receives about 89.1K visits a month.

  • Monthly visits
    89.1K

    ▲ 2.9% vs previous month

Similar websites

Websites whose visitors overlap most with Spreedly. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
recurly.com
100%
1.3M#40,308View details
chargebee.com
94%
2.8M#18,399View details
coda.co
74%
200.8K#240,714View details
snapbill.com
74%
View details
bluesnap.com
74%
272.9K#163,129View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Payments & Remittance Platforms

3 companies that operate in the same segment as Spreedly (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Payment processing and card issuance solutions are provided for businesses.
2009San Francisco, California, United StatesUSD 9.81 B16,622
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B3,108
Spend management and accounts payable solutions are delivered to businesses.
2019New York, New York, United StatesUSD 5.07 B6,209
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Related news about Spreedly

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Frequently Asked Questions about Spreedly

Spreedly was founded in 2007 and raised its 1st funding round 5 years after it was founded.

Spreedly is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.

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 Seed of $120K, raised on Dec 2012.

Spreedly has 127 employees.

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.

Spreedly's top competitors include Zuora and GR4VY.

Spreedly offers Vault, Connect, Protect, Optimize, and Resolve.

Spreedly has made 1 acquisition, including Clinck.

Spreedly has 3 investors. Key investors include Spectrum Equity, E-Merge, and Pin Payments.

Spreedly operates through Spreedly, Inc..

Yes. Spreedly was acquired by Pin Payments in July 2013.

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