The Canadian AI Index

Companies / Spare

Spare

Spare is an enterprise SaaS AI company based in Vancouver, British Columbia. It raised a C$42M Series B in September 2024 led by Inovia Capital.

AI demand-responsive transit and paratransit software.

spare.com

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Founded
2015
HQ
Vancouver, BC
Category
Enterprise SaaS AI
Status
Active
Disclosed raised
C$42M

Funding history

RoundDateAmountInvestors
Series BSep 10, 2024 C$42MInovia Capital (lead); Kensington Capital Partners, Nicola Wealth. $42M Series B; currency not marked by BetaKit or Osler, assumed CAD. Led by returning Inovia Capital with returning Kensington Capital Partners and Nicola Wealth; paratransit focus

Sources

Data as of November 10, 2026.

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