Insights

Market Expansion Potential Spendr is positioned within the cannabis industry, offering digital payment solutions that resonate with dispensaries seeking to modernize and streamline transactions. The company's rapid onboarding process and zero hardware requirements make it highly appealing to small and midsize dispensaries looking to adopt new technology quickly.

SaaS Revenue Opportunity With a revenue range of 10 to 25 million dollars and recent funding of 2.7 million dollars, Spendr demonstrates growth potential in the software-as-a-service market for cannabis retailers. This presents opportunities for partnerships aiming to expand digital payment and loyalty solutions within the industry.

Customer Loyalty Enhancement Spendr emphasizes boosting customer retention and increased spending by offering rewards and targeted deals through its platform. Partner dispensaries could benefit from adopting Spendr's loyalty features to differentiate themselves and build a loyal customer base in a competitive market.

Technological Advantage Utilizing cloud-based infrastructure and seamless payment solutions, Spendr's platform reduces cash handling risks and simplifies transactions, making it attractive to dispensaries prioritizing safety, efficiency, and compliance. Sales efforts could focus on dispensaries transitioning to fully digital, cashless payment systems.

Competitive Edge Spendr’s quick deployment and tailored cannabis payment capabilities position it favorably against traditional banking and debit card systems, which are often slower and less reliable in this niche. Identifying dispensaries dissatisfied with current solutions presents a clear sales opportunity for innovative tech adoption.

Spendr Tech Stack

Spendr uses 6 technology products and services including Amazon Web Services, Bitly, Lever, and more. Explore Spendr's tech stack below.

  • Amazon Web Services
    Cloud Hosting
  • Bitly
    Marketing
  • Lever
    Recruitment Marketing
  • Google
    Search Engines
  • Zoom
    Web Conferencing
  • Google Hangouts
    Web Conferencing

Spendr's Email Address Formats

Spendr uses at least 1 format(s):
Spendr Email FormatsExamplePercentage
First@spendr.comJohn@spendr.com
83%
Last@spendr.comDoe@spendr.com
17%

Frequently Asked Questions

Where is Spendr's headquarters located?

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Spendr's main headquarters is located at 312 Walnut Street Suite 2120 Cincinnati, Ohio 45202 United States. The company has employees across 1 continents, including North America.

What is Spendr's NAICS code?

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Spendr's NAICS code is 5112 - Software Publishers.

How many employees does Spendr have currently?

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As of July 2026, Spendr has approximately 10 employees across 1 continents, including North America. Key team members include Marketing Director: N. B.Founding Sales Lead: C. S.. Explore Spendr's employee directory with LeadIQ.

What industry does Spendr belong to?

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Spendr operates in the Software Development industry.

What technology does Spendr use?

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Spendr's tech stack includes Amazon Web ServicesBitlyLeverGoogleZoomGoogle Hangouts.

What is Spendr's email format?

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Spendr's email format typically follows the pattern of First@spendr.com. Find more Spendr email formats with LeadIQ.

How much funding has Spendr raised to date?

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As of July 2026, Spendr has raised $2.7M in funding. The last funding round occurred on Feb 05, 2025 for $2.7M.

When was Spendr founded?

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Spendr was founded in 2021.
Spendr logo

Spendr

Software DevelopmentOhio, United States2-10 Employees

Spendr is a software development company based in Cincinnati, Midwest, focused on digital payment solutions for cannabis dispensaries. The platform provides customers with a fast, cashless payment option and offers Spendr-funded rewards that can complement existing loyalty programs, while dispensaries can avoid new hardware thanks to a digital-only setup.

Since its 2021 launch, Spendr has pursued a broader aim of normalizing cannabis by creating a safer, easier, and more rewarding experience for both recreational and medical consumers. Its primary customers are dispensaries, which can use Spendr to highlight deals to recent customers and encourage repeat visits through Spendr Deals, alongside reducing cash handling. The company operates with a small team in Cincinnati, Midwest.

Section iconCompany Overview

Headquarters
312 Walnut Street Suite 2120 Cincinnati, Ohio 45202 United States
NAICS Code
5112 - Software Publishers
Founded
2021
Employees
2-10

Section iconFunding & Financials

  • $2.7M

    Spendr has raised a total of $2.7M of funding over 1 rounds. Their latest funding round was raised on Feb 05, 2025 in the amount of $2.7M.

  • $10M$25M

    Spendr's revenue is estimated to be in the range of $10M$25M

Section iconFunding & Financials

  • $2.7M

    Spendr has raised a total of $2.7M of funding over 1 rounds. Their latest funding round was raised on Feb 05, 2025 in the amount of $2.7M.

  • $10M$25M

    Spendr's revenue is estimated to be in the range of $10M$25M

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