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Spend Consciously develops tools empowering consumers to make purchasing decisions aligned with personal values. The company's platform functions as a modern “nutrition facts label” for commerce, providing transparency into how products and companies reflect individual beliefs. Its core technology allows users to understand the ethical and social implications behind their spending, fostering conscious consumerism.
Matthew Colbert founded Spend Consciously, drawing on his background as a former congressional staffer. Observing the disconnect between individual values and consumer behavior, Colbert recognized a need for greater marketplace transparency. He established the company to bridge this gap, allowing individuals to influence outcomes through economic choices.
The primary users are value-driven consumers seeking to align spending with personal convictions. The company's vision centers on transforming how people interact with the economy by providing accessible data for informed decision-making, aiming for a future where every purchase reflects deliberate choice.
Spend Consciously has raised $25K across 1 funding round.
Spend Consciously has raised $25K in total across 1 funding round.
Spend Consciously appears to be an early-stage technology company building tools that help consumers and organizations align spending with values (environmental, labor, transparency) — a “nutrition label” for purchases — but public information is limited and inconsistent across profiles. [6][4]
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Spend Consciously has raised $25K in total across 1 funding round.
Spend Consciously's investors include Conscious Venture Lab.
Spend Consciously has raised $25K across 1 funding round. Most recently, it raised $25K Seed in February 2014.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 1, 2014 | $25K Seed | — | Conscious Venture LAB | Announced |