# Spayr

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/spayr

- Industry: Software
- Headquarters: France
- Website: www.spayr.eu
- Total disclosed funding: $2.7M
- Latest round: Seed (Apr 20, 2023)
- Investors on record: 2

## About

Based in France, and founded in 2021, Spayr operates as an HR-Tech (human resource technology) firm that provides budget management solutions for employees. The company was founded by Louis Ajacques, Paul Riché, and Pierre Olive. In April 2023, Spayr raised EUR 2.5 million in seed funding led by Blast.Club and Femmes Business Angels.

Spayr provides a workforce technology platform, which is payroll-based HR (human resource) software for employee budget management. The platform offers multiple features and SaaS solutions, including salary on demand, a tool that enables workers to get hold of a portion of their earned income prior to the conclusion of the pay month; employees can unlock pending compensation positions with the help of a technology called, flexible compensation; and budget management, which offers a variety of tools and resources to help employees manage their budgets. this could include financial advice, knowledge of special offers and discounts, and access to neighboring services like gas stations and cashback programs.

The company plans to use the funds raised in April 2023 to strengthen its teams, expand operations and development efforts.

## Funding rounds

- Seed, Apr 20, 2023, $2.7M — Femmes Business Angels, Blast.Club

## Investors

- Femmes Business Angels — Seed
- Blast.Club (https://capitalatlas.ai/funds/blast-club) — Seed