# Spare8 funding: rounds and investors

> Spare8 has raised across 1 round since 2025. Investors include Magic Fund. Every round with its source.

Source: https://millionrounds.com/company/spare8 (Millionrounds; every figure on the page links to its filing or article)

[Venture startup](https://millionrounds.com/companies)

# Who invested in *Spare8*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services

Funding summary Updated 26 Oct 2026

**Undisclosed** raised across 1 round since 2025, from 1 source

- **Latest round:** Venture Jan 2025
- **Investors:** 1

See who backed them

## The rounds

- **Jan 2025** Venture **Amount undisclosed** [Magic Fund](https://millionrounds.com/fund/magic-fund) Source recorded

## Founders and team

From Spare8's own website: 2 founders.

**Ronit Harisingani** CEO & Co-founder

**Shardul Saiya** CTO & Co-founder

## Everyone who backed them

[Magic Fund](https://millionrounds.com/fund/magic-fund) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=spare8).

## Also claim to have backed them

These 2 firms list Spare8 as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Broom Ventures](https://millionrounds.com/fund/broom-ventures) VC firm Per its own site

[Incisive Ventures](https://millionrounds.com/fund/incisive-ventures) VC firm Per its own site

## Quick answers about Spare8

### Who invested in Spare8?

Spare8's investors include Magic Fund.

### How much has Spare8 raised?

Spare8 has raised 1 round since 2025, none with a disclosed amount.

### When did Spare8 last raise?

Spare8's most recent round was a Venture in Jan 2025.

### Who backed Spare8 first?

Spare8's first round on record, in Jan 2025, was backed by Magic Fund.

### What stage is Spare8 at?

Spare8's latest named round is a Venture, in Jan 2025.

## Companies like Spare8

In the same sector, and raised in the last eighteen months.

[**Matters** $5.0M · Oct 2026](https://millionrounds.com/company/matters)[**Ecofy** $41M · Mar 2026](https://millionrounds.com/company/ecofy)[**Credilio** $3.2M · Mar 2026](https://millionrounds.com/company/credilio)[**Muhlah** $7.5M · Mar 2026](https://millionrounds.com/company/muhlah)[**Complyance** $20M · Feb 2026](https://millionrounds.com/company/complyance)[**Stable Money** $25M · Feb 2026](https://millionrounds.com/company/stable-money)

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