About DeSpeed
DeSpeed is a company based in India founded in 2024 by Kunal Tiwari.. DeSpeed offers products and services including DeSpeed Validator Extension, Internet Speed Map, and Proof-of-Speed NFT. DeSpeed operates in a competitive market with competitors including IOTA, Peaq, IoT Chain, aitos.io and SDChain, among others.
- Headquarter India
- Founders Kunal Tiwari
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Sectors
Technology
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Website
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Social
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Annual Revenue
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Latest Funding Round
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Products & Services of DeSpeed
DeSpeed offers a comprehensive portfolio of products and services, including DeSpeed Validator Extension, Internet Speed Map, and Proof-of-Speed NFT. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tool for measuring and verifying internet speeds securely on blockchain.
Platform for displaying global real-time internet speed data.
NFT for minting and recording verified internet speed measurements.
Funding Insights of DeSpeed
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2025 | Amount | Seed - DeSpeed | Valuation | Async Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in DeSpeed
DeSpeed has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Async Capital. 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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Venture capital investment firm
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by DeSpeed
| 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 - DeSpeed
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Despeed Comparisons
Competitors of DeSpeed
DeSpeed 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 IOTA, Peaq, IoT Chain, aitos.io and SDChain, 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 |
Decentralized infrastructure is developed for building and securing digital interactions.
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Blockchain platform powering DePIN for energy, mobility, and connectivity sectors.
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| domain | founded_year | HQ Location |
Blockchain-based networking platform for IoT applications is provided.
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| domain | founded_year | HQ Location |
Solutions for identity authentication and data privacy protection
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| domain | founded_year | HQ Location |
Decentralized blockchain is integrated with IoT for data asset exchanges.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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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Frequently Asked Questions about DeSpeed
When was DeSpeed founded?
DeSpeed was founded in 2024 and raised its 1st funding round 1 year after it was founded.
Where is DeSpeed located?
DeSpeed is headquartered in India.
What does DeSpeed do?
Decentralized network offering internet speed in real-time. It provide a decentralized data layer for internet speed, enabling users to earn rewards for participating in the network.
Who are the top competitors of DeSpeed?
DeSpeed's top competitors include IOTA, Skey Network and aitos.io.
What products or services does DeSpeed offer?
DeSpeed offers DeSpeed Validator Extension, Internet Speed Map, and Proof-of-Speed NFT.
Who are DeSpeed's investors?
DeSpeed has 1 investor. Key investors include Async Capital.
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