Spur Secures $8 Million Series A Funding
Employment platform Spur raised $8 million in a Series A funding round led by Third Prime with participation from Mark Bezos and John Griffin, founder of Blue Ridge Capital. Spur also appointed Bezos to its board of directors. According to the company, this investment marks one of the largest venture rounds ever raised by an Alabama-based business.
Spur’s platform is designed to offer hotels, restaurants, and other businesses with hourly workforces a managed solution for their employment needs that saves them time and money, while also improving the benefits and services available to the workforce.