CardSpring

About

Cardspring offers an application platform enabling app developers to write applications for credit cards and other types of payments.

San Francisco,California,United States
11 - 50
http://cardspring.com

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $10M
Industries: E-Commerce,Enterprise Software,Financial Services,Payments
Founded date: Jan 1, 2011
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: CardSpring Inc.

Cardspring is creating an application platform that will allow Web and mobile developers to write applications for credit cards and other types of payments. Cardspring attaches itself to the payment network in a secure fashion on one side, and on the other it presents itself as a platform for developers to create payment apps via Web-standard APIs. It is a bridge between the two networks.

These applications could include things like electronic coupons, loyalty cards, virtual currencies, or yet-to-be-imagined commerce apps.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

3

$19.82M

CardSpring has raised a total of $19.82M in funding over 2 rounds. Their latest funding was raised on Jul 1, 2013 from a Series A round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jul 1, 2013	Series A	$9.82M	2	Accel	—	Detail
Jan 31, 2012	Series A	$10M	8	Accel Greylock	—	Detail
May 4, 2011	Seed	—	7	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

3

12

CardSpring is funded by 12 investors. Accel and Greylock are the most recent investors.

Investor Name	Lead Investor	Funding Round
Accel	Yes	Series A
Greylock	Yes	Series A
Morado Ventures	—	Series A
Cyriac Roeding	—	Series A
Felicis Ventures	—	Series A
SVA	—	Series A
Techammer	—	Series A
Win	—	Series A
DCVC	—	Seed
Farzad (Zod) Nazem	—	Seed