Spare Labs
The operational foundation your entire transit team runs on
Vancouver, Canada · Founded 2015 · $66.0M raised
- 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
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
Spare Labs is a SaaS company based in Vancouver, Canada, founded in 2015. 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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Seed through Series B — per-round amounts, valuations, and who invested in each round.
Investors
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