Spare was founded by Kristoffer Vik Hansen, Josh Andrews, Alexey Indeev in 2015.

Who are Spare's investors?

Spare's investors include Inovia Capital, Kensington Capital Partners Limited, Sondo Capital, TransLink Capital, 500 Global, MENA, Middle East Venture Partners (MEVP), SEEDRA Ventures.

How much funding has Spare raised?

Spare has disclosed $47M raised across 2 of its 3 known rounds.

Where is Spare headquartered?

Spare is headquartered in Vancouver, CA.

Spare

Vancouver, CA · Founded 2015 · 294 employees on LinkedIn · 12 known investors

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Spare builds software that enables partners to operate microtransit, paratransit, and ride-sharing services. The platform addresses transportation challenges like last-mile connectivity to transit hubs.

AI & Machine Learning B2B Marketplaces GovTech Logistics & Supply Chain Mobility & Transportation SaaS

Founders & leadership

Spare was founded in 2015 by Kristoffer Vik Hansen, Josh Andrews, and Alexey Indeev.

Kristoffer Vik Hansen He has experience leading technology teams and invests as an angel investor.

Josh AndrewsFounder

Alexey IndeevFounder

Investors · 12

Inovia Capitallisted by Inovia CapitalMontreal · $250K – $8M

How we know: Inovia Capital's portfolio page · vsnewsnetwork.com · Not right? Tell us

Kensington Capital Partners Limitedlisted by Kensington Capital Partners LimitedToronto

Sondo Capitallisted by Sondo Capital$190K – $570K

How we know: Sondo Capital's portfolio page · Not right? Tell us

TransLink Capitallisted by TransLink CapitalPalo Alto · $1M – $5M

How we know: TransLink Capital's portfolio page · Not right? Tell us

500 GlobalreportedPalo Alto · $150K

How we know: tryspare.com · Not right? Tell us

MENAreportedPleasant Hill

How we know: funding news · Not right? Tell us

Middle East Venture Partners (MEVP)reportedDubai · $1M – $5M

How we know: tryspare.com · Not right? Tell us

SEEDRA VenturesreportedAd Diriyah

How we know: tryspare.com · funding news · Not right? Tell us

Also in the syndicate · 4

anb Seed FundleadBoubyan VenturesNicola WealthVision Ventures

Funding

SEC filings, press & company announcements

$47M disclosed across 2 of 3 rounds · 2024–2026

$5MPre-Series AJul 2026
anb Seed Fund (lead), 500 Global, Boubyan Ventures, Middle East Venture Partners (MEVP), SEEDRA Ventures, Vision Ventures
Source ↗
Undisclosed amountpre-Series ASep 2025 · 2 sources
anb Seed Fund (lead), 500 Global, Boubyan Ventures, Middle East Venture Partners (MEVP), SEEDRA Ventures, Vision Ventures
Source ↗
$42MSeries BSep 2024 · 2 sources
Inovia Capital (lead), Kensington Capital, Nicola Wealth
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

Frequently asked questions

What does Spare do?: Spare builds software that enables partners to operate microtransit, paratransit, and ride-sharing services. The platform addresses transportation challenges like last-mile connectivity to transit hubs.
Who founded Spare?: Spare was founded by Kristoffer Vik Hansen, Josh Andrews, Alexey Indeev in 2015.
Who are Spare's investors?: Spare's investors include Inovia Capital, Kensington Capital Partners Limited, Sondo Capital, TransLink Capital, 500 Global, MENA, Middle East Venture Partners (MEVP), SEEDRA Ventures.
How much funding has Spare raised?: Spare has disclosed $47M raised across 2 of its 3 known rounds.
Where is Spare headquartered?: Spare is headquartered in Vancouver, CA.