Canada · 
Who invested in Spare?
Spare's investors include Inovia Capital, Ridge Ventures, Translink Capital, CIBC and CIBC Innovation Banking, and 1 more on record.
Canada · Series B startup
Who invested in Spare
Funding summaryUpdated 26 Oct 2026
$31Mraised across 1 round since 2024, from 1 source
- Latest round
- Series B, $31MSept 2024
- Investors
- 6
The rounds
- Sept 2024Series B$31M
Source recorded
Everyone who backed them
CIBC Innovation BankingVC firm1round
Mitsubishi CorporationVC firm1round
Missing a round, or an investor who was in one? Tell us.
Quick answers about Spare
How much has Spare raised?
Spare has raised $31M across 1 round since 2024.
When did Spare last raise?
Spare's most recent round was a Series B of $31M in Sept 2024.
What was Spare's biggest round?
Its most recent round, $31M in Sept 2024, is also its largest on record.
Who backed Spare first?
Spare's first round on record, in Sept 2024, was backed by Inovia Capital, Ridge Ventures and Translink Capital and 3 others.
What stage is Spare at?
Spare's latest named round is a Series B, in Sept 2024.
Where is Spare based?
Spare is based in Canada.
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