# SpotOn funding: rounds and investors > SpotOn has raised $346M across 4 rounds since 2012. Investors include Franklin Templeton, Andreessen Horowitz and Right Side Capital Management. Source: https://millionrounds.com/company/spoton (Millionrounds; every figure on the page links to its filing or article) United States · [Series F startup](https://millionrounds.com/companies) # 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. Fintech Internet Valuation: $3.6B, Mar 2026 Funding summary Updated 26 Oct 2026 **$346M** raised across 4 rounds since 2012, from 4 sources **$5.0M** Venture **$40M** Round **$750K** Pre-seed **$300M** Series F - **Latest round:** Series F, $300M May 2022 - **Step-up i:** 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. 2012 2014 2016 2018 2020 2022 **$5.0M** Venture **$40M** Round **$750K** Pre-seed **$300M** Series F - **First round:** Venture, $5.0M - **Biggest round:** $300M - **Usual gap between rounds:** 19 months ## The rounds - **May 2022** Series F **$300M** *3 new* *1 returning* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Coatue](https://millionrounds.com/fund/coatue-management) [Wellington Management](https://millionrounds.com/fund/wellington-management) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) Source recorded - **Oct 2020** Pre-seed **$750K** *2 new* [Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) [Loyal VC](https://millionrounds.com/fund/loyal-vc) Source recorded - **Jun 2019** Round **$40M** *1 new* [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) Lead Reported by FinSMEs - **Aug 2012** Venture **$5.0M** *3 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 Hausman** President / Big Dave's Bagels & Deli - **Jonathan Gillespie** Partner / Adalina - **Doron Friedman** Executive Officer, Director i - **Matthew Hyman** Executive Officer, Director i - **Zachary Hyman** Executive Officer, Director i ## 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. **Venture** 2012 **Round** 2019 **Pre-seed** 2020 **Series F** 2022 [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) L [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) [Coatue](https://millionrounds.com/fund/coatue-management) [Wellington Management](https://millionrounds.com/fund/wellington-management) [Loyal VC](https://millionrounds.com/fund/loyal-vc) Doron Friedman Matt Hyman Zach Hyman ## Everyone who backed them [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) Private equity **2** rounds, led 1 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **1** round [Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) VC firm **1** round [Coatue](https://millionrounds.com/fund/coatue-management) VC firm **1** round [Wellington Management](https://millionrounds.com/fund/wellington-management) VC firm **1** round [Loyal VC](https://millionrounds.com/fund/loyal-vc) VC firm **1** round Doron Friedman no record of our own yet **1** round Matt Hyman no record of our own yet **1** round Zach Hyman 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=spoton). ## 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 Partners](https://millionrounds.com/fund/aurum-partners) VC firm Per its own site [Fourward Ventures](https://millionrounds.com/fund/fourward-ventures) VC firm Per its own site [Palo Alto Growth Capital](https://millionrounds.com/fund/palo-alto-growth-capital) Growth equity Per 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. ## Companies like SpotOn In the same sector, and raised in the last eighteen months. [**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**MURAL** $67M · Oct 2026](https://millionrounds.com/company/mural) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app