Tech Company Financing Transactions
Spreedly Funding Round
Spectrum Equity participated in a $75 million funding round for Spreedly. This venture round closed on 11/14/2019.
Transaction Overview
Company Name
Announced On
11/14/2019
Transaction Type
Venture Equity
Amount
$75,000,000
Round
Undisclosed
Investors
Spectrum Equity (Adam Margolin)
Proceeds Purpose
The investment will be used to accelerate product development and to support the company's global expansion plans.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
733 Foster St. 100
Durham, NC 27701
USA
Durham, NC 27701
USA
Phone
Website
Email Address
Overview
Formed in 2008 Spreedly was a simple, elegant subscription management service. Built by developers for developers, we placed an emphasis on solving difficult business challenges around online recurring payments. Over time we realized the challenges we solved applied to much more than just recurring payments.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to record every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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