Fundz

Spangle, led by former Bolt CEO Maju Kuruvilla, raises $15M in Series A funding, achieving a $100M valuation. NewRoad Capital Partners spearheads the round with participation from several other investors.

PRIVATEJan 08, 2026

Amount Raised

$15 Million

Round Type

Series A

Information TechnologyFinancial ServicesPaymentsFintech

Investors

NewRoad Capital PartnersMadronaDNX VenturesStreamlined Ventures

Description

Spangle, an AI e-commerce startup, has raised $15 million in a Series A round led by NewRoad Capital Partners. The funding values the company at $100 million after previously raising a $6 million seed round. This investment will help Spangle enhance its software aimed at personalizing shopping experiences for retailers. With nine enterprise customers signed and a 57% growth in platform traffic, the startup is focusing on revolutionizing online retail.

Quick answer

Spangle raised $15 Million in a Series A round, dated January 8, 2026. Investors: NewRoad Capital Partners, Madrona, DNX Ventures and Streamlined Ventures.

How much did Spangle raise?
Spangle raised $15 Million in a Series A round on January 8, 2026.
Who invested in Spangle?
NewRoad Capital Partners, Madrona, DNX Ventures and Streamlined Ventures are named as investors in this round.
What does Spangle do?
Spangle enables retail brands to capture more revenue from paid traffic, with agents that autonomously solve complex tasks driving higher conversion, revenue, and ROAS for merchants at scale.
Who are the decision-makers at Spangle?
Fundz holds 1 contact at Spangle. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Payments around the same time

Companies in the same sectors as Spangle that raised within 45 days of this round, from Fundz verified event records.

  • Anchorage Digital raised $100M (Series E) on February 6, 2026.
  • Subify raised $2K (Angel) on February 21, 2026.
  • alfred raised $15M (Series A) on January 26, 2026.
  • Obita raised $30M (Seed) on January 12, 2026.
  • Skydo raised $10M on December 10, 2025.
  • Tonik raised $12M (Series C) on December 4, 2025.

Who to call at Spangle, and when

A new round usually means Spangle is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Spangle raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Spangle, from your own LinkedIn network

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Company Information

Company

Spangle

About

Spangle enables retail brands to capture more revenue from paid traffic, with agents that autonomously solve complex tasks driving higher conversion, revenue, and ROAS for merchants at scale. Its AI agents autonomously tackle complex challenges at scale, delivering experiences that enhance revenue, boost conversion rates, and optimize efficiency.

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Fundz sees it the moment Spangle raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Spangle raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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