Funding round
SPREAD Series B
SPREAD, which works in engineering intelligence platform development in Berlin, raised $30M in a Series B round announced on 29 Apr 2026, led by OTB Ventures. 9 firms took part, 2 of them already investors. It is SPREAD's second venture round on record; the one before was a Series A in May 2023.
$30M
Amount raised
Not disclosed
Post-money valuation
9
Investors
1 lead
Valuation
What this round says about the price
SPREAD did not disclose a valuation in this round. It came 35 months after SPREAD's Series A. It is 65% of the $46M SPREAD has raised in the venture rounds on record. No later venture round is on record for SPREAD.
SPREAD's funding rounds
SPREAD has 2 venture rounds on record. This one is highlighted.
- Series A 3 May 2023, led by HV Capital $16M
- Series B this round 29 Apr 2026, led by OTB Ventures $30M
Investors
Who put money in
OTB Ventures led the round with 8 other firms. HV Capital and Nauta had backed SPREAD before.
Lead investor
- OTB Ventures backs 27 venture-backed companies new investor
Also in the round
- General Catalyst backs 574 venture-backed companies new investor
- Salesforce Ventures backs 314 venture-backed companies new investor
- backs 38 venture-backed companies new investor
- In-Q-Tel backs 97 venture-backed companies new investor
- backs 3 venture-backed companies new investor
- HV Capital backs 124 venture-backed companies existing investor
- backs 49 venture-backed companies existing investor
- backs 4 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
491 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $40M, and this round was 75% of the median. The closest in time, other companies' Series B rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 10 Apr 2026 | $293M | not disclosed | Alibaba Cloud and Alibaba |
| Tech Companies | 27 Apr 2026 | $125M | $1.00B | Meritech Capital and General Catalyst |
| Tech Companies | 30 Apr 2026 | $65M | not disclosed | Dorilton Capital |
| Tech Companies | 16 Apr 2026 | $65M | not disclosed | GV |
| Tech Companies | 2 Apr 2026 | $50M | not disclosed | BlackPeak Capital and Cogito Capital |
| Tech Companies | 22 Apr 2026 | $50M | not disclosed | Oak HC/FT |
| Tech Companies | 28 Apr 2026 | $45M | not disclosed | Technology Crossover Ventures and First Harmonic |
| Tech Companies | 16 Apr 2026 | $45M | not disclosed | Georgian |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did SPREAD raise in its Series B round?
SPREAD raised $30M in its Series B round, announced in Apr 2026.
Who led SPREAD's Series B round?
OTB Ventures led it, with General Catalyst, Salesforce Ventures, Digital Transformation Capital Partners, In-Q-Tel and Thesiger Capital Group and 3 more.
What was SPREAD's valuation at the Series B round?
It was not disclosed.
How does it compare with other Series B rounds in Tech Companies?
491 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $40M, and this round was 75% of the median.