United States · Series F startup

Who invested in SpotOn

4 rounds we have observed, with the 9 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.

FintechInternet

Valuation: $3.6B, Mar 2026

Funding summaryUpdated 26 Oct 2026

$346Mraised across 4 rounds since 2012, from 4 sources

$5.0MVenture$40MRound$750KPre-seed$300MSeries F
Latest round
Series F, $300MMay 2022
Step-upi
400×
Investors
9 (1 led)
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.

201220142016201820202022
$5.0MVenture$40MRound$750KPre-seed$300MSeries F
First round
Venture, $5.0M
Aug 2012
Biggest round
$300M
Series F · May 2022
Usual gap between rounds
19 months
the median of 3

The rounds

  1. May 2022
    Series F$300M3 new1 returning

    Source recorded

  2. Oct 2020
    Pre-seed$750K2 new

    Source recorded

  3. Jun 2019
    Round$40M1 new

    Reported by FinSMEs

  4. Aug 2012
    Venture$5.0M3 new
    • Doron Friedman
    • Matt Hyman
    • Zach Hyman

    Reported by finsmes.com

Founders and team

From SpotOn's own website and the SEC filings it signed: 5 on the team.

  • David HausmanPresident / Big Dave's Bagels & Deli
  • Jonathan GillespiePartner / Adalina
  • Doron FriedmanExecutive Officer, Directori
  • Matthew HymanExecutive Officer, Directori
  • Zachary HymanExecutive Officer, Directori

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.

Venture2012Round2019Pre-seed2020Series F2022Franklin TempletonLAndreessen HorowitzRight Side Capital ManagementCoatueWellington ManagementLoyal VCDoron FriedmanMatt HymanZach Hyman

Everyone who backed them

Franklin TempletonPrivate equity2rounds, led 1
Andreessen HorowitzVC firm1round
CoatueVC firm1round
Loyal VCVC firm1round
Doron Friedmanno record of our own yet1round
Matt Hymanno record of our own yet1round
Zach Hymanno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 3 firms list SpotOn 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.

Aurum PartnersVC firmPer its own site
Fourward VenturesVC firmPer its own site
Palo Alto Growth CapitalGrowth equityPer its own site

Quick answers about SpotOn

Who invested in SpotOn?

SpotOn's investors include Franklin Templeton, Andreessen Horowitz, Right Side Capital Management, Coatue and Wellington Management, and 4 more on record.

How much has SpotOn raised?

SpotOn has raised $346M across 4 rounds since 2012.

When did SpotOn last raise?

SpotOn's most recent round was a Series F of $300M in May 2022.

What was SpotOn's biggest round?

Its most recent round, $300M in May 2022, is also its largest on record.

Who backed SpotOn first?

SpotOn's first round on record, in Aug 2012, was backed by Doron Friedman, Matt Hyman and Zach Hyman.

What stage is SpotOn at?

SpotOn's latest named round is a Series F, in May 2022.

Where is SpotOn based?

SpotOn is based in the United States.

Who led SpotOn's rounds?

Franklin Templeton led the Undisclosed round in 2019.

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