NEA, Foundry Group, Madrona seed $3.25 mln in Spare5

New Enterprise Associates, the Foundry Group, Madrona Venture Group and prominent angel investors provided $3.25 million in seed funding to Spare5, a mobile application that pays people to provide expert insight in their spare time. Spare5 is the first company to spin out of startup studio Madrona Venture Labs. Madrona Venture Group's Greg Gottesman and Foundry's Brad Feld will join Spare5's board of directors.

8 December 2014•4 mins read
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