Spera nets $2m investment from Medici Ventures

SaaS-based platform Spera has closed its $2m Series A funding round, from Overstock.com’s blockchain-focused subsidiary Medici Ventures.

Utah-based Spera is a business management and payment software platform for freelancers. The company allows users to accept card payments, send and receive payments without transaction fees, one-click pay service and the ability to track outstanding invoices.

As part of the transaction, Medici will receive a majority of the Spera’s stock. The firm’s COO and general counsel will also join the Spera board of directors.

Medici Ventures president Jonathan Johnson said, “We believe in what Spera is doing to help freelancers and independent contractors worldwide more efficiently operate and manage payments for their businesses.

“Blockchain technologies can play a critical role, from customer acquisition to final payment. This strategic investment strengthens Medici Ventures’ position as the global leader in blockchain technology.”

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