# Spense funding: rounds and investors

> Spense has raised $1.9M across 1 round since 2025. Investors include Kunal Shah. Every round with its source.

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

[Pre-seed startup](https://millionrounds.com/companies)

# Who invested in *Spense*

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

**$1.9M** raised across 1 round since 2025, from 1 source

- **Latest round:** Pre-seed, $1.9M Jun 2025
- **Investors:** 1

See who backed them

## The rounds

- **Jun 2025** Pre-seed **$1.9M** [Kunal Shah](https://millionrounds.com/fund/kunal-shah) Source recorded

## Everyone who backed them

[Kunal Shah](https://millionrounds.com/fund/kunal-shah) Angel **1** round

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

## Also claim to have backed them

This firm lists Spense as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

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

## Quick answers about Spense

### Who invested in Spense?

Spense's investors include Kunal Shah.

### How much has Spense raised?

Spense has raised $1.9M across 1 round since 2025.

### When did Spense last raise?

Spense's most recent round was a Pre-seed of $1.9M in Jun 2025.

### What was Spense's biggest round?

Its most recent round, $1.9M in Jun 2025, is also its largest on record.

### Who backed Spense first?

Spense's first round on record, in Jun 2025, was backed by Kunal Shah.

### What stage is Spense at?

Spense's latest named round is a Pre-seed, in Jun 2025.

## Companies like Spense

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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