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§ Private Profile · New York City, NY, USA
Spiral is a technology company.
Spiral offers a platform for financial institutions, specializing in deposit growth and enhanced customer engagement. Its Impact-as-a-Service™ solution integrates personalized savings with charitable giving and community impact directly into daily banking. This enables banks and credit unions to differentiate their offerings and attract new account holders.
Founded in 2019 by Dan Blumenfeld and Shawn Melamed, Spiral arose from the insight that financial services could better align with social responsibility. Shawn Melamed, a former Morgan Stanley Managing Director, leveraged his extensive background to co-create a platform empowering institutions to foster financial health and societal contributions.
Spiral primarily serves banks and credit unions aiming to expand deposits and deepen customer loyalty. The company envisions redefining banking by making financial products more meaningful and engaging, establishing a framework where personal savings and community well-being are intertwined, driving sustained growth for its financial partners.
Spiral has raised $81.0M across 7 funding rounds.
Spiral has raised $81.0M in total across 7 funding rounds.
Spiral Technology, Inc. is a veteran-owned small business headquartered in Lancaster, California, specializing in systems engineering and aerospace support services.[1][2][6] The company provides highly qualified aerospace professionals, innovative systems engineering solutions, research and development, and test and evaluation services to military and aerospace organizations, including the Air Force and NASA, serving a global client base that spans platforms from unpiloted air systems to supersonic fleets.[1][2] With over 100 employees and annual revenue around $17.6 million, Spiral offers TMATS-compliant software tools to enhance telemetry system efficiency, addressing challenges in the evolving aerospace sector while achieving recognitions like "California's Top Ranking Innovation Companies" and "R&D 100 Company."[1][2]
As an employee-owned firm since 2007, Spiral focuses on hands-on expertise in engineering, scientific, and technical disciplines, delivering success for customers through progressive solutions in telemetry, range testing, and aerospace programs dating back to the X-15 era.[1][2]
Spiral Technology traces its roots to SPARTA, Inc.'s Aerospace Systems Division, starting as a one-person operation that grew into the Technical Services Operation.[1] Demonstrating expertise in aerospace support since the X-15 days, it incorporated as Spiral Technology, Inc. in 2000 as a wholly owned subsidiary of SPARTA.[1][2] On January 1, 2007, its employee-owners bought out SPARTA's interest, transitioning to an independent veteran-owned small business.[1]
This employee buyout humanized the company, fostering a stable, dedicated team of over 100 professionals committed to aerospace innovation, with early growth fueled by contracts in test and evaluation for organizations like the Range Commanders' Council.[1][2]
Spiral rides the wave of advancing aerospace technologies, including unpiloted systems, supersonic capabilities, and global telemetry demands amid rising military R&D and space exploration investments.[2] Its timing aligns with post-2000 growth in defense contracting and innovation hubs like California's aerospace corridor, where market forces favor specialized small businesses for agile, compliant engineering over large contractors.[1][6] By supporting pivotal programs and international ranges, Spiral influences the ecosystem through standardized tools and expertise, enabling efficient testing that accelerates broader advancements in aviation and space tech.[1][2]
Spiral is poised for sustained growth in a defense-heavy aerospace market, leveraging its niche in telemetry and systems engineering amid trends like hypersonic development and expanded NASA-Air Force collaborations. Emerging demands for AI-enhanced testing and international partnerships could amplify its global footprint, potentially driving employee expansion beyond 100 and revenue growth past $17.6 million. Its employee-owned resilience positions it to shape reliable innovation in high-velocity aerospace evolution, reinforcing its role as a steady enabler of mission success from X-15 legacies to future frontiers.[1][2]
Spiral has raised $81.0M across 7 funding rounds. Most recently, it raised $22.0M Seed in September 2025.
Spiral has raised $81.0M in total across 7 funding rounds.
Spiral's investors include Team8, Accel, Cyberstarts VC, Glilot Capital Partners, Insight Partners, Scale Asia Ventures, Tamar Technology Ventures, Benny Schnaider, Efi Cohen, Communitas Capital, Euclidean Capital, Intuition Fund.