# Spade

> Transaction enrichment API turning card-authorization strings into merchant intelligence.

## Why it is interesting

Spade matches raw card feeds to verified merchants in real time — powering rewards, fraud, and AI features for Mercury, Stripe, and Bilt.

## Profile

- **Stage:** series-b
- **Status:** private
- **Industries:** fintech, enterprise-saas
- **Coverage:** full
- **Last updated:** 2026-07-24

## Key facts

- Series B (Mar 2026): $40M led by Oak HC/FT with a16z participation (Businesswire)
- Seed (Feb 2023): $5M led by a16z with Y Combinator (TechCrunch)
- Co-investors not in VCT directory: Oak HC/FT, Gradient Ventures, Y Combinator
- Source: https://techcrunch.com/2023/02/27/spade-credit-card-data-a16z/
- VCT directory co-investors: none mapped (non-directory syndicates noted above); reviewed 2026-07-24

## Investors in our directory

- https://venturecapitaltracker.com/fund/andreessen-horowitz

## Related articles

- https://venturecapitaltracker.com/2026-a16z-hot-portfolio-companies

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Source: https://venturecapitaltracker.com/startup/spade