Moontoast was co-founded by of Joe Glaser of Glaser Instruments, Chief Technology Officer Marcus Whitney, and pedal steel guitarist Bucky Baxter, who has performed with Bob Dylan, Beastie Boys, and R.E.M.. The company launched at SXSW in 2008 and added the social rich media platformin September 2010. Moontoast's sweepstakes unit was used for Nissan's 2013 "October Car Care" campaign. Fans could enter the sweepstakes by clicking the ad in their Facebook News Feed and entering their information, including their vehicle identification number, with a prize of car maintenancefor life. In 2013 Toyota and Moontoast also created an Instagram gallery which played 15-second Instagram videos within a swipeable video gallery. The company worked with Lexus to show the 2014 Lexus IS live from the Detroit Auto Show, which received over 100,000 video views in 10 minutes. In 2014 the company and the television channelTBS created a live, multi-screen addition for to the sitcom Cougar Town. Using a Moontoast ad unit, social fans voted to name Courteney Cox's wine glass in the show. Results were announced in a subsequent episode of Cougar Town. A second ad unit was used to ask fans to vote for the bestwine pairing with the sitcom on National Drink Wine Day. In October 2014, Moontoast changed its name to Spendsetter after buying loyalty rewards company Spendship. Co-founder Marcus Whitney announced that he is leaving his CTO position in the company and will be replaced by Spendship founder Jason Weaver.
Awards and recognition
Moontoast was the winner of the 2013 Facebook "PMD Innovation Award".
Management
Moontoast's CEO is Blair Heavey. Prior to Moontoast, Heavey was CEO and President of MyPerfectGig and as CEO of Directorym, Inc. He was SVP of Worldwide Field Operations of LiveVault, an online backup and recovery service, and Executive Vice President and General Manager of affiliate marketing company Be Free Inc., and was Head of Sales for electronic commerce company OpenMarket. Heavey received an MBA from Babson College and a B.A. in Computer Science/Political Science from Boston College. The company is funded by The Martin Companies and music industryangel investors.