About Aspinity
Aspinity is a company based in Morgantown (United States) founded in 2013.. Aspinity has raised $22.14 million across 8 funding rounds from investors including Techstars, Anzu Partners and Birchmere Ventures. The company has 12 employees as of December 31, 2024. Aspinity operates in a competitive market with competitors including Xilinx, Rambus, Espressif, Altera and InvenSense, among others.
- Headquarter Morgantown, United States
- Employees 12 as on 31 Dec, 2024
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Aspinity, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$22.14 M (USD)
in 8 rounds
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Latest Funding Round
$2.6 M (USD), Debt – Conventional
May 17, 2024
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Investors
Techstars
& 6 more
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Employee Count
12
as on Dec 31, 2024
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Funding Insights of Aspinity
Aspinity has successfully raised a total of $22.14M across 8 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $2.6 million completed in May 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Debt – Conventional — $2.6M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Debt – Conventional - Aspinity | Valuation |
investors |
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| Jul, 2023 | Amount | Series B - Aspinity | Valuation |
investors |
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| Jan, 2022 | Amount | Series A - Aspinity | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Aspinity
Aspinity has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Techstars, Anzu Partners and Birchmere Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments are made in industrial and life sciences technology companies.
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Founded Year | Domain | Location | |
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US focused early-stage VC firm investing in tech & life sciences start-ups
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Founded Year | Domain | Location | |
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Venture capital investments are made in early-stage scaling companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Aspinity
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Aspinity
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aspinity Comparisons
Competitors of Aspinity
Aspinity operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Xilinx, Rambus, Espressif, Altera and InvenSense, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Programmable logic devices and embedded solutions are provided.
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| domain | founded_year | HQ Location |
AI-based silicon IP and chip solutions are developed and licensed.
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| domain | founded_year | HQ Location |
Provides wireless SOCs for Wi-Fi and Bluetooth in IOT Applications
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| domain | founded_year | HQ Location |
Programmable logic devices and reconfigurable digital circuits are manufactured.
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| domain | founded_year | HQ Location |
MotionTracking sensor system on chips with integrated motion and sound solutions
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| domain | founded_year | HQ Location |
IoT-based energy harvesting solutions for enterprises are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Aspinity
Frequently Asked Questions about Aspinity
When was Aspinity founded?
Aspinity was founded in 2013 and raised its 1st funding round 4 years after it was founded.
Where is Aspinity located?
Aspinity is headquartered in Morgantown, United States. It is registered at Morgantown, West Virginia, United States.
Is Aspinity a funded company?
Aspinity is a funded company, having raised a total of $22.14M across 8 funding rounds to date. The company's 1st funding round was a Series A of $2.51M, raised on Jun 01, 2017.
How many employees does Aspinity have?
As of Dec 31, 2024, the latest employee count at Aspinity is 12.
What does Aspinity do?
Aspinity was founded in 2013 and is headquartered in Morgantown, United States. Semiconductors focused on analog processing for AI-driven event detection and classification are developed by the company. Machine learning accuracy is combined with ultra-low power analog processing to enable detection, classification, notification, and prevention functions. Processors and enablement platforms are offered for applications in automotive, smart home, and IoT sectors.
Who are the top competitors of Aspinity?
Who are Aspinity's investors?
Aspinity has 7 investors. Key investors include Techstars, Anzu Partners, Birchmere Ventures, Mountain State Capital, and Riverfront Ventures.