Spenda
Latest round
- Seed
Last raised
- Jun 2016
Total raised
- Undisclosed
Investors
- 1
About Spenda
Based in Australia, Spenda Ltd.Founded in 2017 in Sydney, Australia, Spenda Ltd. specializes in offering advanced software solutions tailored for operational efficiency and customer engagement. The company was recently acquired by Cirralto Limited in July 2021 for AUD 7 million, allowing for the integration of its technologies and enhancement of payment services. The founders of Spenda Ltd.Invigo specializes in delivering a range of innovative solutions tailored to meet the needs of its diverse clientele. The company’s core offerings include advanced software applications designed for both operational efficiency and customer engagement across various sectors. Each product aims to streamline processes, enhance productivity, and provide actionable insights for businesses, ultimately solving challenges related to workflow management and data analysis. Invigo serves a broad spectrum of clients, including small to medium-sized enterprises and large corporations, facilitating their operations in markets such as Australia, North America, and Europe.Invigo’s revenue model is built around a combination of subscription-based services and B2B partnerships, providing a consistent income stream while fostering long-term client relationships. Clients typically engage in annual or multi-year contracts, which grant them access to Invigo's suite of products, including proprietary software solutions that enhance their operational capabilities. The pricing structure may vary based on the scale of use and specific service agreements, allowing for tailored solutions that meet different business needs. Flagship products within the offerings are designed to address the critical demands of modern businesses, ensuring that clients can effectively navigate their operational landscapes while driving profitability.Following the acquisition by Cirralto Limited, Spenda Ltd. will focus on integrating its core platform and leveraging its existing technologies to create economies of scale in payment services. The company aims to enhance its offerings with multi-option payment services, including Buy Now Pay Later (BNPL) and Pay by Installment strategies targeted at B2B customers. The strategic direction is geared towards expanding into international markets across North America and Europe, with plans to launch new products and services tailored to the operational needs of clients within these regions.
Who invested in Spenda
1 investor across 1 round
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Funding rounds
Seed
Jun 1, 2016
Amount
Undisclosed
Investors
Questions about Spenda
Who invested in Spenda?
Spenda has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Spenda raised?
Spenda has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Spenda last raise money?
Spenda's most recent round on record is a Seed, in Jun 2016.
What does Spenda do?
Based in Australia, Spenda Ltd.
Where is Spenda headquartered?
Spenda is headquartered in Sydney, Australia.
Which VCs invest in companies like Spenda?
Among active investors with capital left to deploy, IAG Firemark Ventures, Blackbird, AirTree Ventures and Square Peg back financial services companies at Spenda's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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