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Spiral
company
About
Spiral is a provider of a banking solution for the charitable sector.
- 11 - 50
Highlights
Details
- Last Funding Type
- Series A
- Industries
- Apps,Banking,Charity,FinTech,Mobile Payments,Software
- Founded date
- Aug 1, 2019
- Number Of Employee
- 11 - 50
- Operating Status
- Active
Spiral is a provider of a banking solution for the charitable sector.The neobank combines banking and charitable organizations by launching a new ethical banking app that enables customers to support any charitable cause they care about while earning attractive rates and monthly cash bonuses on their deposits. Spiral will even match their donations, up to a limit. Nonprofits can use the app to share engaging content with supporters, increase donations and collect funds without fees.Dan Blumenfeld and Shawn Melamed founded the New York, New York-based company in 2019.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
2
$14M
Spiral has raised a total of
$14M
in funding over 2 rounds. Their latest funding was raised on
Mar 31, 2021 from a Series Unknown round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Mar 31, 2021 | Series Unknown | $14M | 2 |
Team8
|
— | Detail |
| Jan 8, 2021 | Series A | — | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
1
3
Spiral is funded by 3 investors.
Team8
and Phoenix Insurance Company
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Team8
|
Yes | Series Unknown |
Phoenix Insurance Company
|
— | Series Unknown |
Collective Ventures
|
— | Series A |
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