Spare
PrivateLast Round
Series B
Sep 10, 2024
Total Funding Raised
$64.98M
Company Overview
Spare is a software company that provides a platform for transit agencies to launch, operate, and manage on-demand shared mobility services.
Sector
Mobility, Transportation & Logistics
Verticals
Public Transit, Vertical SaaS, Route Optimization, Ride-Sharing, Fleet Management
Business Model
B2G
Customer Profile
Government Contracts, Subscription SaaS, Services & Consulting, Usage-Based SaaS
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Spare Comps
Public and private peers based on sector, stage, and business model.
Spare Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Sep 10, 2024 | ||||
| Debt | Jun 4, 2024 | ||||
| Series A | Nov 30, 2021 | ||||
| Seed | Apr 30, 2019 |
Key People
Founding team and executive leadership
Spare Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| TransLink Capital | Series A |
| Nicola Wealth | Series A, Series B |
| Inovia Capital | Series A, Series B |
| CIBC Innovation Banking | Debt |
| Kensington Capital Partners | Series B |
| Ridge Ventures | Series A |
| Mitsubishi Corporation | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 9, 2026
Rebuilt 'Fare Rules V2' for complex fare structures.
- Apr 9, 2026
Partnered with Goodlawyer for recruitment services.
Spare Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Spare's valuation, stock price, and market status.
