Spare5 is a mobile application that pays people to provide expert insights in their spare time. The company is initially focused on helping ecommerce companies increase sales through expert image tagging and data clean up. Spare5 sends simple, paid projects to people on their smartphones based on their experience, hobbies and the quality of their responses.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 12/08/14 | $3,250,000 | Seed |
Foundry Group Madrona Venture Group | undisclosed |
| 08/25/15 | $10,000,000 | Series A |
Foundry Group Madrona Venture Group | undisclosed |
