Spitball

Decentralized Student Economy Platform

Education & Knowledge Technologies
Non Active, Jan 2021 ceased to operate
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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 Benson Oak Ventures. In November 2018, Benson Oak Ventures increased its investment in the social learning platform.

Business overview

Spitball develops a decentralized student economy platform that facilitates the exchange of content, knowledge, and services among students using digital currency. The platform integrates artificial intelligence, machine learning, and blockchain technology to connect students directly and automate fair payments for transactions within the community. Spitball operates in the Education & Knowledge Technologies sector, serving students in higher education globally.

Strategic signal

In October 2018, Forbes highlighted Spitball's blockchain-powered student economy as a disruptive force in the global e-learning market. This signals the company's innovative approach to leveraging emerging technologies to create a peer-to-peer educational ecosystem, potentially reshaping traditional e-learning models and offering a new paradigm for student interaction and resource sharing.

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Company Intelligence Q&A

What is Spitball's primary business focus?
Spitball focuses on enabling a decentralized student economy, allowing students to exchange content, knowledge, and services directly with each other using a digital currency.
When was Spitball founded and by whom?
Spitball was founded in April 2013 by Eidan Apelbaum and Matan Libis.
What technologies does Spitball utilize in its platform?
Spitball's platform combines artificial intelligence and machine learning with blockchain technology to facilitate student interactions and automated payments.
What was a significant investment event for Spitball?
In November 2018, Benson Oak Ventures increased its investment in Spitball, a social learning platform.
What was the total capital raised by Spitball?
Spitball raised a total of $2.5M across one funding round.
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