Spitball

Company Overview

Snapshot

Founded in April 2013 by Eidan Apelbaum and Matan Libis, Spitball operates with 1-10 employees. The company has raised $2.5M across one funding round from one investor. In November 2018, Benson Oak Ventures increased its investment in the social learning platform.

Business overview

Spitball develops a decentralized student economy platform that leverages artificial intelligence, machine learning, and blockchain technology. This platform enables students to directly exchange content, knowledge, and services using a digital currency, facilitating cheap, fast, and secure transactions. The company operates within the Education & Knowledge Technologies sector, targeting students in higher education globally.

Strategic signal

In October 2018, Forbes highlighted Spitball's blockchain student economy as a disruptive force in the global e-learning market. This signals the company's innovative approach to student interaction and content exchange, positioning it as a key player in transforming traditional educational models through decentralized technology.

Company Intelligence Q&A

What is Spitball's core technology?

Spitball combines artificial intelligence and machine learning with blockchain technology to facilitate a decentralized student economy.

When did Spitball launch in the U.S. market?

In November 2018, Spitball launched its innovative study platform in the U.S., aiming to revolutionize how students connect.

Which investor increased its stake in Spitball?

In November 2018, Benson Oak Ventures increased its investment in Spitball.

What is the primary purpose of the Spitball platform?

The Spitball platform enables students to exchange content, knowledge, and services directly with each other using a digital currency, automating fair payments within the community.

What is the company's operational status?

Spitball ceased to operate in January 2021.