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Spinwheel raised $30 million in a Series A funding round led by F-Prime to transform the consumer credit ecosystem using real-time data and agentic AI.

Jun 23, 2025•23 days ago

Amount Raised

$30 Million

Round Type

series a

OaklandFinanceFintech

Investors

Fika VenturesFoundation CapitalQed InvestorsF Prime

Description

Spinwheel has closed its $30 million Series A funding round, with participation from QED Investors, Foundation Capital, and Fika Ventures. The funding will accelerate the development of its agentic AI platform and expand its product offerings. Currently, Spinwheel supports over 15 million users and manages over $1.5 trillion in consumer debt. This investment aims to transform how credit data is accessed and utilized in financial workflows.

Company Information

Company

Spinwheel

Location

Oakland, California, United States

About

Spinwheel is a company transforming the way consumer credit data is accessed and managed through its innovative credit data and payments platform. It supports over 15 million users by facilitating transactions across 165 million connected credit and liability accounts. Spinwheel's technology simplifies consumer interactions by using only minimal data fields, enhancing the ability of financial institutions to offer better credit outcomes. The company aims to create a unified infrastructure layer that resolves the complexities of consumer liabilities.

Funding Insights

Based on industry data
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

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