About Aspinity
Aspinity is a Technology company based in Morgantown (United States) founded in 2013. It operates as a developer of analog processing semiconductors for AI-driven event detection and classification. Aspinity has raised $22.14 million across 8 funding rounds from investors including Techstars, Anzu Partners and Birchmere Ventures. The company has 12 employees. Its focus areas include Semiconductors, Analog and Mixed Signal ICs, System on chip and IoT. Its legal entity is ASPINITY, INC. Its competitors include Xilinx, Rambus, Espressif, Altera and InvenSense and 5 more; 6 of its 10 listed competitors have raised funding.
Company details
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.
- Headquarters Morgantown, United States
- Employees 12
- SectorsTechnology
- Email••••••••
- Website aspinity.com
- Social LinkedIn X
- Legal Name Aspinity, Inc.
- Total Equity Funding$22.14M (USD)
in 8 rounds
- Latest Funding Round$2.6M (USD), Debt – Conventional
May 2024
- InvestorsTechstars
& 6 more
- Employee Count12
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 $22.14M
- Total Rounds 8
- Last Round Debt – Conventional — $2.6M
- Investors Count 7
All 8 funding rounds of Aspinity with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2024 | $2.6M | Debt – Conventional | – | – | – |
| Jul 2023 | $10.86M | Series B | – | – | |
| Jan 2022 | $2.51M | Series A | – | – | – |
| Jun 2020 | $5.3M | Series A | – | Anzu Partners | |
| Oct 2018 | $3.13M | Series A | – | Birchmere Ventures | |
| Oct 2017 | $20,000 | Seed | – | – | |
| Jul 2017 | $320,000 | Seed | – | – | |
| Jun 2017 | – | Seed | – | – |
7 investors in total: 7 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in industrial and life sciences technology companies. | – | anzupartners.com | Washington, Dc, United States | |
US focused early-stage VC firm investing in tech & life sciences start-ups | – | birchmerevc.com | Pittsburgh, United States | |
Venture capital investments are made in early-stage scaling companies. | – | mountainstatecapital.com | Morgantown, United States | |
Early-stage venture capital funding is provided by Riverfront Ventures. | – | riverfrontventures.com | Pittsburgh, United States | |
- | – | alexafund.com | Seattle, United States | |
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
Pre-seed stage Micro VC firm investing in the US and Canada | – | rightsidecapital.com | San Francisco, United States |
Investor details for Aspinity
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Aspinity
6 people are tracked at Aspinity (4 in leadership, 2 in team); the tracked headcount is 12.
| Name | Role | Group |
|---|---|---|
Brandon Rumberg | Founder & CTO | Leadership |
David Graham | Founder & CSO | Leadership |
Matte Zeleznik | Director, Product | Leadership |
Tom Doyle | Founder & CEO | Leadership |
Scott Naugle | Supply Chain and Quality Management Lead | Team |
Madhumita Harish | Data Scientist and Machine Learning Engineer | Team |
Complete people profiles for Aspinity
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Aspinity
3 dated milestones of Aspinity across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Aspinity is founded.
- Funding First funding round.
- Funding Latest funding round, Debt – Conventional, of $2.6M.
Competitors of Aspinity
Aspinity has 10 listed competitors in our database, 6 of them funded. They include Xilinx, Rambus, Espressif, Altera and InvenSense, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| xilinx.com | 1984 | San Jose, United States | – | 2,069 | Programmable logic devices and embedded solutions are provided. | |
| rambus.com | 1990 | Sunnyvale, United States | – | 690 | AI-based silicon IP and chip solutions are developed and licensed. | |
| espressif.com | 2007 | Shanghai, China | $3.3M | – | Provides wireless SOCs for Wi-Fi and Bluetooth in IOT Applications | |
| altera.com | 1983 | San Jose, United States | – | – | Programmable logic devices and reconfigurable digital circuits are manufactured. | |
| invensense.com | 2003 | San Jose, United States | $38M | 288 | MotionTracking sensor system on chips with integrated motion and sound solutions | |
| everactive.com | 2012 | Santa Clara, United States | $160.82M | 91 | IoT-based energy harvesting solutions for enterprises are provided. | |
| unisoc.com | 2001 | Shanghai, China | $1.45B | – | SoCs for mobile communication and IoT applications are provided. | |
| ambiq.com | 2010 | Austin, United States | $521.75M | – | AI-based system-on-chips for IoT applications are provided. | |
| quicklogic.com | 1988 | Sunnyvale, United States | – | 54 | Low-power field programmable gate arrays are designed and developed. | |
| etacompute.com | 2015 | Westlake Village, United States | $22.55M | 16 | SoCs for edge computing and embedded systems are manufactured. |
Detailed competitors of Aspinity
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Web traffic of Aspinity
The website of Aspinity (aspinity.com) receives about 1.7K visits a month.
- Monthly visits1.7K
▲ 110.2% vs previous month
Top companies in Semiconductors & ICs
10 companies that operate in the same segment as Aspinity (Semiconductors & ICs), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based system-on-chips are developed for advanced driver assistance systems. | 1999 | Jerusalem, Jerusalem District, Israel | USD 530 M | USD 1.89 B | 3,900 | |
Provider of cloud and AI-based cellular communication ICs | 1985 | San Diego, California, United States | – | USD 44.28 B | 49,000 | |
Full-stack quantum computing solutions using superconducting qubits are developed. | 2013 | Berkeley, California, United States | USD 195.62 M | USD 7.09 M | 140 | |
AI-powered graphical processing units and SoCs | 1993 | Santa Clara, California, United States | USD 5 M | USD 130.5 B | 36,000 | |
High-performance CPUs and GPUs are developed for computing applications. | 1969 | Santa Clara, California, United States | – | USD 25.79 B | 28,000 | |
Diverse semiconductor manufacturers | 1987 | Geneve, Geneve, Switzerland | – | USD 12.29 B | 49,600 | |
Internet first brand offering analog, mixed-signal, and audio DSP integrated circuits | 1984 | Austin, Texas, United States | – | USD 2 B | 1,660 | |
GaN-based power management ICs are manufactured for electronic devices. | 2014 | Dublin, Ireland | USD 49.6 M | USD 83.3 M | 280 | |
Semiconductor ICs and microprocessors are designed and manufactured. | 1968 | Santa Clara, California, United States | – | USD 52.85 B | 108,900 | |
CMOS-based image sensors are developed for autonomous vision applications. | 2017 | Israel | USD 96 M | – | – |
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Related news about Aspinity
Complete news archive for Aspinity
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Frequently Asked Questions about Aspinity
Aspinity was founded in 2013 and raised its 1st funding round 4 years after it was founded.
Aspinity is headquartered in Morgantown, United States. It is registered at Morgantown, West Virginia, United States.
Aspinity is a funded company, having raised a total of $22.14M across 8 funding rounds to date.
Aspinity has 12 employees.
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.
Aspinity has 7 investors. Key investors include Techstars, Anzu Partners, Birchmere Ventures, Mountain State Capital, and Riverfront Ventures.
Aspinity operates through Aspinity, Inc..