# Spreedly

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

- Industry: Software
- Headquarters: Durham, US
- Website: www.spreedly.com
- Total disclosed funding: $0.8M
- Latest round: Seed (Nov 18, 2013)
- Investors on record: 2

## About

Spreedly, Inc. offers a global payments orchestration platform that enhances payment processing for businesses. Their technology connects to over 140 payment gateways, streamlining transactions for various industries.Founded in 2007 and headquartered in Durham, US, Spreedly, Inc. specializes in payment orchestration services. The company received GROWTH funding of USD 75.00 mn led by Spectrum Equity, raising a total of USD 75.00 mn. The CEO of Spreedly is Justin Benson.Spreedly specializes in providing a comprehensive global payments orchestration platform that facilitates seamless payment processing for businesses across various industries. The core of their offering is an open payments platform that connects to over 140 global payment gateways, enabling merchants, merchant aggregators, and fintechs to manage and optimize their payment transactions effectively. The platform provides functionalities such as vault management for secure customer data storage, fraud prevention tools, and detailed reporting capabilities, allowing users to enhance payment success rates and gain visibility across their payment stacks. This service is particularly valuable for businesses looking to navigate cross-border commerce and diverse payment types, catering to clients in North America, Europe, and Asia-Pacific regions. Spreedly's clientele includes companies like Sky, Clear, and The New York Times, illustrating its broad appeal across different sectors.Spreedly's revenue model is primarily structured around transaction fees and subscription-based pricing, tailored to the needs of its diverse client base. Clients typically engage with Spreedly by integrating its platform into their existing payment infrastructure, allowing for streamlined processing of billions of transactions annually. While exact pricing structures are proprietary, the company offers various service tiers that align with the scale and complexity of the client’s operations, from small businesses to large enterprises. By facilitating B2B transactions, the platform enables businesses to optimize their payment processes, ultimately driving revenue growth through increased transaction approval rates and operational efficiencies. Spreedly’s technology supports a robust ecosystem that empowers clients to expand their market reach and enhance customer satisfaction through improved payment experiences.Spreedly is focused on launching new product features to enhance their payment orchestration capabilities, with specific details on release dates yet to be announced. The company is also targeting expansion into additional markets, with a focus on increasing their presence in Europe and Asia-Pacific regions by the end of 2024. Recent funding will support these initiatives, allowing Spreedly to innovate and scale effectively.

## Funding rounds

- Seed, Nov 18, 2013, $0.5M — E-Merge
- Seed, Jun 12, 2013, $0.3M — E-Merge, AngelList

## Investors

- E-Merge (https://capitalatlas.ai/funds/e-merge) — Seed
- AngelList — Seed