When was SPARE founded?

SPARE was founded in 2013 and raised its 1st funding round 9 years after it was founded.

Where is SPARE located?

SPARE is headquartered in West Hollywood, United States. It is registered at 12000 RIVERSIDE DR., VALLEY VILLAGE, CA.

Who is the current CEO of SPARE?

Dontra Hughes of SPARE. They have also founded 1 company.

How many employees does SPARE have?

As of Aug 31, 2026, the latest employee count at SPARE is 14.

Is SPARE a funded company?

SPARE is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on 2022.

How much is SPARE worth?

The latest valuation of SPARE is $***** as of Jul 24, 2017.

When was the latest funding round of SPARE?

SPARE's latest funding was a $***** Seed round on 2022, with participation from 1 investor.

What is the annual revenue of SPARE?

Annual revenue of SPARE is less than $1M as on Dec 31, 2016

Where does SPARE rank among its competitors?

SPARE ranks 3rd amongst 14 active competitors, of which 2 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Chocolate, which secured $15M in Jul, 2025.

Who are the top competitors of SPARE?

SPARE's top competitors include Chocolate, SOCASH and Vidcom. Among them, Chocolate secured the most recent funding round in July, 2025.

SPARE - 2026 Company Profile, Team, Funding & Competitors

Company Details

Cash withdrawal solution for consumers. Enables to support local small business by using their virtual ATM, more secure and convenient way of accessing cash, check cashing, peer-to-peer payments, credit building, and more. Application is made available on Android and iOS platforms.

Website: gotspare.com
Social
Email ID: *****@gotspare.com
Phone Number: +1 **********
Registered Address: 12000 RIVERSIDE DR., VALLEY VILLAGE, CA

Key Metrics

Founded Year

2013

Location

West Hollywood, United States

Stage

Seed

Total Funding

$20K in 1 round

Latest Funding Round

Seed, 2022, $*****

Post Money Valuation

$***** as on Jul 24, 2017

Investors

Techstars & 3 more

Ranked

3^rd among 14 active competitors

Annual Revenue

$0 - $1M as on Dec 31, 2016

Employee Count

14 as on Aug 31, 2026

Similar Companies

Chocolate & 20 more

View SPARE's full profile

SPARE is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SPARE CS, Inc. CIN: 0001701373 , United States, Active		$0 - $1M (As on Dec 31, 2016)	9 (As on Jul 24, 2017)	-

SPARE has raised a total funding of $20K over 1 round. Its latest funding round was a Seed round on 2022 for $*****. 1 investor participated in its latest round. SPARE has 4 institutional investors.

Here is the list of recent funding rounds of SPARE:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2022	2603	Seed	8979	1457	5863	6885

Access funding benchmarks and valuations. Sign up today!

View details of SPARE's funding rounds and investors

The founders of SPARE is Dontra Hughes. Dontra Hughes is the CEO of SPARE.

Here are the details of SPARE's key team members:

Dontra Hughes: Co-Founder & CEO of SPARE.
Contact Info: 1 email address

View details of SPARE's Founder profiles and Board Members

SPARE's employee count trend

SPARE has 14 employees as of Aug 26. Here is SPARE's employee count trend over the years:

Uncover SPARE's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of SPARE include Chocolate, SOCASH and Vidcom. Here is the list of Top 10 competitors of SPARE, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Chocolate 2021, Singapore (Singapore), Series A	Provider of asset management services for individual cash investment accounts	$34M	Nikko Asset Management, ChocVen & 8 others	49/100
2nd	SOCASH 2016, Singapore (Singapore), Acqui-Hired	App-based platform for cash withdrawal	$12.4M	Vertex Ventures, Grab & 15 others	43/100
3rd	SPARE 2013, West Hollywood (United States), Seed	Cash withdrawal solution for consumers	$20K	INV Fintech, Techstars & 2 others	36/100
4th	Vidcom 2021, Delhi (India), Unfunded	Wallet-enabled domestic money transfer and bill payment solutions	-	-	31/100
5th	SOCASH 2016, Singapore (Singapore), Early Stage	Developer of agentic AI platform optimizing GPUs and CPUs autonomously	$925K	-	29/100
6th	Airbanq 2014, San Francisco (United States), Deadpooled	Cash checking app	$3.35M	Floodgate, First Round Capital & 3 others	25/100
7th	NakitBasit 2020, Umraniye (Turkey), Funding Raised	Alternative cash withdrawal solutions	-	insha Ventures	23/100
8th	Galletlo 2026, Los Angeles (United States), Unfunded	Network of cardless payment infrastructure connecting retail, e-commerce, and ATMs	-	-	22/100
9th	GoCash 2020, Amman (Jordan), Deadpooled	Online cash withdrawal solutions	$300K	-	21/100
10th	SALDOMU 2017, Surabaya (Indonesia), Unfunded	Provider of digital financial services, including top-up and cash withdrawal	-	-	19/100