Tech Company Financing Transactions
Spare Funding Round
iNovia Capital, Kensington Capital Partners and Nicola Wealth Management joined a $42 million Series B funding round for Spare. This VC investment round closed on 9/10/2024.
Transaction Overview
Company Name
Announced On
9/10/2024
Transaction Type
Venture Equity
Amount
$42,000,000
Round
Series B
Investors
Proceeds Purpose
The funding will be used to expand its global reach into more transit agencies, accelerate the development of its AI-driven platform, and meet growing demand for its transit solutions, particularly in the paratransit sector.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
810-815 W Hastings St
Vancouver BC, V6C 1B4
Canada
Vancouver BC, V6C 1B4
Canada
Phone
Undisclosed
Website
Email Address
Overview
Our mission is to unlock the potential of mobility for everyone. At Spare, we want to move the world and unlock the potential of mobility for everyone. To achieve our mission, we need a small, brilliant team and an incredible company culture.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kristoffer Hansen
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