Spare Labs
Spare Labs is a saas company in Vancouver, Canada, founded in 2015. It has raised $66.0M across 3 rounds, most recently a $42.0M Series B in September 2024.
The operational foundation your entire transit team runs on
- Headquarters
- Vancouver
- Employees
- 51–200
- Founded
- 2015
- Business Model
- B2B
- Website
- spare.com
- Total Funding
- $66.0M
- Last Round
- $42.0M Series BSep 2024
- Rounds
- 3
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 3 funding rounds and 4 investors for this company. The full record is or through the API.
About
Spare Labs is an enterprise software platform that helps public transit agencies modernize ADA paratransit systems and launch on-demand microtransit services. Founded in 2015 in Vancouver by Kristoffer Vik Hansen, Josh Andrews, and Alexey Indeev, the company provides a comprehensive suite of tools for ride scheduling, fleet management, real-time tracking, and compliance. Spare serves over 200 transit agencies globally, powering more than 37 million boardings and enabling 8 million trips for vulnerable riders.
Summary
It lists 51–200 employees. It has raised $66.0M in total across 3 rounds, most recently a $42.0M Series B round in Sep 2024. Investors include Inovia Capital, Mitsubishi Corporation and Nicola Wealth Management.
Tech & App Stack
6 technologies & apps tracked
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Funding History
Sep 2024
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Funding: Seed through Series B. Amounts, valuations, and investors where available.
Investors
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