Spiral is a provider of a banking solution for the charitable sector.
Spiral is a provider of a banking solution for the charitable sector.The neobank combines banking and charitable organizations by launching a new ethical banking app that enables customers to support any charitable cause they care about while earning attractive rates and monthly cash bonuses on their deposits. Spiral will even match their donations, up to a limit. Nonprofits can use the app to share engaging content with supporters, increase donations and collect funds without fees.Dan Blumenfeld and Shawn Melamed founded the New York, New York-based company in 2019.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Mar 31, 2021 | Series Unknown | $14M | 2 | Team8 | — | Detail |
Jan 8, 2021 | Series A | — | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Team8 | Yes | Series Unknown |
Phoenix Insurance Company | — | Series Unknown |
Collective Ventures | — | Series A |