Tech Company Financing Transactions
Spyne Funding Round
On 2/18/2025, Spyne announced $16 million in Series A funding from Vertex Ventures, Accel Partners and Alteria Capital.
Transaction Overview
Company Name
Announced On
2/18/2025
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Series A
Investors
Proceeds Purpose
The fresh proceeds will be used for expanding its presence in the US market, boosting technology infrastructure and developing the GenAI-powered retail suite for automotive dealers.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
95 Third Street, 2nd Floor
San Francisco, CA 94103
USA
San Francisco, CA 94103
USA
Phone
Website
Email Address
Overview
Spyne helps car dealerships, marketplaces, and OEMs create engaging automobile visuals that help sell better. At Spyne, we envision a future where automotive retail is fully AI-powered, enabling dealerships to source, price, market, and sell vehicles seamlessly. By unifying operations into an intelligent, automated ecosystem, we are redefining how car dealers operate--efficiently, profitably, and at scale.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sanjay Varnal
Browse more venture capital transactions:
Prev: 2/18/2025: Apaly Health venture capital transaction
Next: 2/18/2025: Quadshift venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs