Spinwheel - About the company
Spinwheel is a series A company based in San Francisco (United States), founded in 2017 by Rajiv Appana and Tushar Vaish. It operates as a Debt repayment & management soltuions for students. Spinwheel has raised $41M in funding from QED Investors and F-Prime Capital.
Company Details
Spinwheel offers debt repayment & management soltuions for students. It offers payment account switching that helps banks and financial services to increase direct deposits. It also facilitates loyalty points, rewards, cashback, and round-up programs for loan repayments.
Key Metrics
Founded Year
2017
Location
San Francisco, United States
Stage
Series A
Total Funding
$41M in 3 rounds
Latest Funding Round
Investors
Employee Count
67 as on Jun 30, 2026
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Spinwheel's funding and investors
Spinwheel has raised a total funding of $41M over 3 rounds. Its first funding round was on Jan 19, 2021. Its latest funding round was a Series A round on Sep 04, 2025 for $*****. 1 investor participated in its latest round. Spinwheel has 8 institutional investors.
Here is the list of recent funding rounds of Spinwheel:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 04, 2025 | 2200435 | Series A | 9918130 | 8715154 | 2385861 | 9120673 |
Jun 23, 2025 | 1386264 | Series A | 6861742 | 6752786 | 6579939 | |
Jan 19, 2021 | 5349986 | Series A | 1383814 | 9841430 |
View details of Spinwheel's funding rounds and investors
Spinwheel's founders and board of directors
Founder? Claim ProfileThe founders of Spinwheel are Rajiv Appana and Tushar Vaish.
Here are the details of Spinwheel's key team members:
- Rajiv Appana: Co-Founder of Spinwheel and founder of 1 other company.
- Tushar Vaish: Co-Founder & CTO of Spinwheel.
View details of Spinwheel's Founder profiles and Board Members
Spinwheel's employee count trend
Spinwheel has 67 employees as of Jun 26. Here is Spinwheel's employee count trend over the years:
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Spinwheel's Investments and acquisitions
Spinwheel has made no investments or acquisitions yet.
Reports related to Spinwheel
Here is the latest report on Spinwheel's geography:
News related to Spinwheel
Media has covered Spinwheel for a total of 6 events in the last 1 year, 2 of them have been about company updates.
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Citi projects US$2t digital asset trades a day; DBS sees volume surge in H1The Business Times•Sep 05, 2025•Citi, Spinwheel
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Spinwheel Secures Investment from Citi Ventures to Boost Consumer Credit EcosystemGlobal Fintech Series•Sep 04, 2025•Spinwheel, Citi, Fika Ventures, F-Prime Capital and 3 others
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Spinwheel Secures $30M Series A for Transforming Consumer Credit EcosystemFintech Finance•Jun 23, 2025•Spinwheel, F-Prime Capital, QED Investors, Foundation Capital and 1 other
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Unique Student Debt Platform Spinwheel Closes on $11 Million Funding RoundCrowdfund Insider•May 28, 2021•Spinwheel, QED Investors, Core Innovation Capital, Fika Ventures and 1 other
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Spinwheel: Raises $11M in FundingFintechinshorts•May 10, 2021•Spinwheel, QED Investors, Core Innovation Capital, Fika Ventures and 1 other
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