What is Spreedly?
Spreedly operates as a secure service for storing credit card information, enabling transactions across a multitude of payment gateways and third-party APIs. This robust payment orchestration capability positions Spreedly as a critical infrastructure provider for businesses seeking to streamline and secure their online payment operations. The company's focus on secure data handling and flexible gateway integration addresses a core need in the rapidly evolving e-commerce landscape.
How much funding has Spreedly raised?
Spreedly has raised a total of $79.2M across 4 funding rounds:
Angel/Seed
$300K
Private Equity
$899K
Series A
$3M
Private Equity
$75M
Angel/Seed (2013): $300K with participation from E-Merge
Private Equity (2014): $899K, investors not publicly disclosed
Series A (2016): $3M supported by E-Merge and Harold Mechelynck
Private Equity (2019): $75M featuring Spectrum Equity
Key Investors in Spreedly
Spectrum Equity
Spectrum Equity is a prominent private equity firm specializing in providing capital and strategic support to companies within the information economy, with a history of backing growth-stage businesses.
E-Merge
E-merge is a venture capital firm focused on early-stage technology and internet companies, offering both financial backing and strategic management consultancy to foster successful market entry and growth.
Harold Mechelynck
Harold Mechelynck is an individual investor who participated in Spreedly's Series A funding round, contributing to the company's early-stage growth.
What's next for Spreedly?
The recent major strategic investment signals a new phase of expansion for Spreedly, likely focusing on enhancing its platform capabilities, broadening its market reach, and potentially exploring new integrations. With substantial enterprise-level funding and strategic backing, Spreedly is poised to further solidify its position as a leader in payment gateway management and secure transaction processing. Future developments may include advancements in tokenization, expanded compliance offerings, and deeper partnerships within the financial technology sector.
See full Spreedly company page