# SpotHero funding: rounds and investors

> SpotHero has raised $108M across 7 rounds since 2012. Investors include Pritzker Group, 500 Global and Insight Partners. Every round with its source.

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

United States · [Series D startup](https://millionrounds.com/companies)

# Who invested in *SpotHero*

7 rounds we have observed, with the 30 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

B2C Internet

Funding summary Updated 26 Oct 2026

**$108M** raised across 7 rounds since 2012, from 7 sources

**$50K** Seed **$460K** Seed **$2.5M** Venture **$4.5M** Series A **$20M** Series B **$30M** Series C **$50M** Series D

- **Latest round:** Series D, $50M Aug 2019
- **Step-up i:** 1.7×
- **Investors:** 30

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2013 2014 2015 2016 2017 2018 2019

**$50K** Seed

**$460K** Seed

**$4.5M** Series A

**$20M** Series B

**$30M** Series C

**$50M** Series D

- **First round:** Seed, $50K
- **Biggest round:** $50M
- **Usual gap between rounds:** 18 months

## The rounds

- **Aug 2019** Series D **$50M** *3 new* *2 returning* [Techstars](https://millionrounds.com/fund/techstars) [500 Global](https://millionrounds.com/fund/500-startups) [Gaingels](https://millionrounds.com/fund/gaingels) [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [Headline](https://millionrounds.com/fund/headline) Source recorded SEC filing: $44M sold, first sale Aug 2019
- **Jul 2017** Series C **$30M** *8 new* *4 returning* [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [Pritzker Group](https://millionrounds.com/fund/pritzker-group) [Bullpen Capital](https://millionrounds.com/fund/bullpen-capital) [Corazon Capital](https://millionrounds.com/fund/corazon-capital) [MATH Venture Partners](https://millionrounds.com/fund/math-venture-partners) [OCA](https://millionrounds.com/fund/oca) [Draper](https://millionrounds.com/fund/draper) Chicago Daniel Hoffer Global Founders Capital/ Autotech Levy Family Sam Yagan Reported by FinSMEs SEC filing: $20M sold, first sale Jul 2017
- **Aug 2015** Series B **$20M** *1 new* *8 returning* [500 Global](https://millionrounds.com/fund/500-startups) [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [Battery Ventures](https://millionrounds.com/fund/battery-ventures) [Draper Associates](https://millionrounds.com/fund/draper-associates) [Pritzker Group](https://millionrounds.com/fund/pritzker-group) [e.ventures](https://millionrounds.com/fund/e-ventures) [Chicago Ventures](https://millionrounds.com/fund/chicago-ventures) [Bullpen Capital](https://millionrounds.com/fund/bullpen-capital) [OCA Ventures](https://millionrounds.com/fund/oca-ventures) From a historical funding record SEC filing: $20M sold, first sale Aug 2015
- **Jun 2014** Series A **$4.5M** *7 new* *7 returning* [500 Global](https://millionrounds.com/fund/500-startups) [Battery Ventures](https://millionrounds.com/fund/battery-ventures) [Draper Associates](https://millionrounds.com/fund/draper-associates) [Lightbank](https://millionrounds.com/fund/lightbank) [Pritzker Group](https://millionrounds.com/fund/pritzker-group) [e.ventures](https://millionrounds.com/fund/e-ventures) [Chicago Ventures](https://millionrounds.com/fund/chicago-ventures) [David Cohen](https://millionrounds.com/fund/david-cohen) [Bullpen Capital](https://millionrounds.com/fund/bullpen-capital) [Corazon Capital](https://millionrounds.com/fund/corazon-capital) [OCA Ventures](https://millionrounds.com/fund/oca-ventures) [Lakewest Venture Partners](https://millionrounds.com/fund/lakewest-inc) [Techstars Chicago (Formerly Excelerate Labs)](https://millionrounds.com/fund/techstars-chicago-formerly-excelerate-labs) [G2T3V](https://millionrounds.com/fund/g2t3v) From a historical funding record SEC filing: $4.5M sold, first sale May 2014
- **Dec 2012** Venture **$2.5M** *8 new* *1 returning* [500 Global](https://millionrounds.com/fund/500-startups) [Battery Ventures](https://millionrounds.com/fund/battery-ventures) [Lightbank](https://millionrounds.com/fund/lightbank) [Pritzker Group](https://millionrounds.com/fund/pritzker-group) [e.ventures](https://millionrounds.com/fund/e-ventures) [David Cohen](https://millionrounds.com/fund/david-cohen) [OCA Ventures](https://millionrounds.com/fund/oca-ventures) [Bullet Time Ventures](https://millionrounds.com/fund/bullet-time-ventures) [Troy Henikoff](https://millionrounds.com/fund/troy-henikoff) Reported by techcrunch.com
- **Aug 2012** Seed **$460K** *3 new* [Pritzker Group](https://millionrounds.com/fund/pritzker-group) [Excelerate Labs](https://millionrounds.com/fund/excelerate-labs) [Alan Matthew](https://millionrounds.com/fund/alan-matthew) Reported by techcrunch.com
- **Aug 2012** Seed **$50K** No investor was named in the report. Reported by chicagobusiness.com

## Founders and team

From SpotHero's own website and the SEC filings it signed: 11 on the team.

- **Beth Hayden** Chief People Officer
- **Chris Stevens** Chief Marketing & Commercial Officer
- **Kavita Suthar** Chief Financial Officer
- **Matt DiBari** Chief Product Officer
- **Matt Sullivan** Chief Revenue Officer
- **Nate Phillips** Chief Revenue Operations
- **Paolo Lorenzoni** Chief Business Officer
- **Tom Janofsky** Chief Technology Officer
- **Connie Capone** Executive Officer i
- **Kevin Sherlock** General Counsel & Corporate Secretary
- **Lawrence Kiss** Executive Officer i

On the board, as filed i *Amanda Lannert* *Lucas Joynt* *Ludwig Ensthaler* *Michael Gamson* *Sam Yagan* *Stu Phillips*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2012 **Seed** 2012 **Venture** 2012 **Series A** 2014 **Series B** 2015 **Series C** 2017 **Series D** 2019 [Pritzker Group](https://millionrounds.com/fund/pritzker-group) [500 Global](https://millionrounds.com/fund/500-startups) [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [Battery Ventures](https://millionrounds.com/fund/battery-ventures) [e.ventures](https://millionrounds.com/fund/e-ventures) [Bullpen Capital](https://millionrounds.com/fund/bullpen-capital) [OCA Ventures](https://millionrounds.com/fund/oca-ventures) [Draper Associates](https://millionrounds.com/fund/draper-associates) [Lightbank](https://millionrounds.com/fund/lightbank) [Chicago Ventures](https://millionrounds.com/fund/chicago-ventures)

## Everyone who backed them

[Pritzker Group](https://millionrounds.com/fund/pritzker-group) Private equity **5** rounds

[500 Global](https://millionrounds.com/fund/500-startups) Angel **4** rounds

[Insight Partners](https://millionrounds.com/fund/insight-venture-partners) VC firm **3** rounds

[Battery Ventures](https://millionrounds.com/fund/battery-ventures) VC firm **3** rounds

[e.ventures](https://millionrounds.com/fund/e-ventures) VC firm **3** rounds

[Bullpen Capital](https://millionrounds.com/fund/bullpen-capital) VC firm **3** rounds

[OCA Ventures](https://millionrounds.com/fund/oca-ventures) VC firm **3** rounds

[Draper Associates](https://millionrounds.com/fund/draper-associates) VC firm **2** rounds

[Lightbank](https://millionrounds.com/fund/lightbank) VC firm **2** rounds

[Chicago Ventures](https://millionrounds.com/fund/chicago-ventures) VC firm **2** rounds

[David Cohen](https://millionrounds.com/fund/david-cohen) Angel **2** rounds

[Corazon Capital](https://millionrounds.com/fund/corazon-capital) VC firm **2** rounds

[Techstars](https://millionrounds.com/fund/techstars) VC firm **1** round

[Gaingels](https://millionrounds.com/fund/gaingels) Private equity **1** round

[Headline](https://millionrounds.com/fund/headline) VC firm **1** round

[Lakewest Venture Partners](https://millionrounds.com/fund/lakewest-inc) VC firm **1** round

[Excelerate Labs](https://millionrounds.com/fund/excelerate-labs) Accelerator **1** round

[MATH Venture Partners](https://millionrounds.com/fund/math-venture-partners) VC firm **1** round

[Alan Matthew](https://millionrounds.com/fund/alan-matthew) Angel **1** round

[Bullet Time Ventures](https://millionrounds.com/fund/bullet-time-ventures) VC firm **1** round

[OCA](https://millionrounds.com/fund/oca) Investment firm **1** round

[Troy Henikoff](https://millionrounds.com/fund/troy-henikoff) Angel **1** round

[Draper](https://millionrounds.com/fund/draper) Corporate VC **1** round

[Techstars Chicago (Formerly Excelerate Labs)](https://millionrounds.com/fund/techstars-chicago-formerly-excelerate-labs) VC firm **1** round

[G2T3V](https://millionrounds.com/fund/g2t3v) VC firm **1** round

Chicago no record of our own yet **1** round

Daniel Hoffer no record of our own yet **1** round

Global Founders Capital/ Autotech no record of our own yet **1** round

Levy Family no record of our own yet **1** round

Sam Yagan no record of our own yet **1** round

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

## Also claim to have backed them

These 6 firms list SpotHero 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.

[Left Lane Capital](https://millionrounds.com/fund/left-lane-capital) VC firm Per its own site

[FireStarter Fund](https://millionrounds.com/fund/firestarter-fund) VC firm Per its own site

[Blossom Street Ventures](https://millionrounds.com/fund/blossom-street-ventures) VC firm Per its own site

[Brad Keywell](https://millionrounds.com/fund/brad-keywell) Angel Per its own site

[Crux Capital](https://millionrounds.com/fund/crux-capital-2) VC firm Per its own site

[Feldsmith Capital](https://millionrounds.com/fund/feldsmith-capital) VC firm Per its own site

## Quick answers about SpotHero

### Who invested in SpotHero?

SpotHero's investors include Pritzker Group, 500 Global, Insight Partners, Battery Ventures and e.ventures, and 25 more on record.

### How much has SpotHero raised?

SpotHero has raised $108M across 7 rounds since 2012.

### When did SpotHero last raise?

SpotHero's most recent round was a Series D of $50M in Aug 2019.

### What was SpotHero's biggest round?

Its most recent round, $50M in Aug 2019, is also its largest on record.

### Who backed SpotHero first?

SpotHero's first round on record, in Aug 2012, was backed by Pritzker Group, Excelerate Labs and Alan Matthew.

### What stage is SpotHero at?

SpotHero's latest named round is a Series D, in Aug 2019.

### Where is SpotHero based?

SpotHero is based in the United States.

## Companies like SpotHero

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

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