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Spott secures $21M Series A funding to expand its AI platform designed for recruitment agencies, led by Balderton Capital.

PRIVATESep 22, 2026•about 2 hours ago

Amount Raised

$21 Million

Round Type

Series A

San FranciscoSoftware

Investors

FortinoY CombinatorBase10 PartnersBalderton Capital

Description

Spott, an AI-native applicant tracking system and CRM platform for recruitment agencies, has raised $21 million in Series A funding. The round was led by Balderton Capital, with participation from Base10 Partners, Y Combinator, and Fortino. The funding will allow Spott to enhance its platform that streamlines recruitment processes. Founded in 2024, Spott aims to automate administrative tasks while ensuring human oversight in recruitment decisions.

Company Information

Company

Spott

Location

San Francisco, California, United States

About

Spott is an AI-native recruiting platform aimed at transforming how recruitment agencies operate. The startup focuses on automating entire workflows to streamline daily operations and reduce reliance on outdated recruitment software. By offering an all-in-one solution, Spott allows recruiters to concentrate on making placements rather than managing fragmented tools. The founders bring valuable insights from their experiences at elite consulting firms to address challenges in the recruitment technology space.

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

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Predictive Intelligence
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ML-powered predictions for Spott's next move

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Spott 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.