Spare

Spare is an open banking platform that connects banks, customers and the third parties that want access to the data

StablecoinsFintech500 Global

TIMELINE · MONEY RAISED

Spare | 2183 days from website to first raise on record

@tryspare·Raised $50M in 3 sourced rounds·2 signals before the first raise

Money raised, round by round (amounts linked to their source). Pins are dated signals; hover the icons for dates.

Funding rounds

1. July 14, 2026
   Series A · amount undisclosed
   Source: fundraisingfox.com
2. September 16, 2025
   Seed · $5M
   AANB Capital (lead), 5500 Global, BBoubyan Capital, MMiddle East Venture Partners (MEVP), SSEEDRA Ventures, VVision Ventures
   Source: thestartupscene.me
3. April 22, 2025
   Seed · amount undisclosed
   Source: fundraisingfox.com
4. September 11, 2024
   Series B+ · $42M
   Source: fundraisingfox.com
5. December 20, 2023
   Seed · $3M
   VVision Ventures (lead), 5500 Global, OOqal, SSEEDRA Ventures, WWa'ed Ventures
   Source: wamda.com
6. 2023
   5500 Global · batch
   Source: 500.co
7. December 28, 2017
   Website created
8. December 28, 2017
   X account created

Founders and team

• DA
  Dalal Alrayes Founder

  @dalrayes · LinkedIn · source: 500.co
• SS
  Saurabh Shah Founder

  LinkedIn · source: 500.co
• BD
  Bikash Dash VP of Engineering

Investors

• 5500 Globalaccelerator
• AANB Capitallead investor
• BBoubyan Capital
• MMiddle East Venture Partners (MEVP)
• OOqal
• SSEEDRA Ventures
• VVision Ventureslead investor
• WWa'ed Ventures

Companies like Spare

• QQippay$2.81M · Oct 2026
• FFizenSeed · Oct 2024
• MMeow$31.6M Series B+ · Oct 2026
• PPlanky
• CCensinet$9M · Jan 2023
• CColumn

Other companies backed by ANB Capital

• EEjari$50M Seed · Nov 2026
• EErad$22M Series A · Sep 2026
• HHolo$22M Series B+ · Aug 2025
• SSafqah HoldingsSeed

ANB Capital portfolio →