About Expanso
Expanso is a company based in Seattle (United States) founded in 2023 by David Aronchick.. Expanso has raised $7.5 million across 2 funding rounds from investors including Samsung NEXT, Array Ventures and Hetz Ventures. Expanso offers products and services including Bacalhau and Expanso Cloud. Expanso operates in a competitive market with competitors including Theta Token, Ubitus, Lambda Labs, HPC-AI and Applied Digital, among others.
- Headquarter Seattle, United States
- Founders David Aronchick
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.5 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Samsung NEXT
& 3 more
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Employee Count
Employee Count
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Products & Services of Expanso
Expanso offers a comprehensive portfolio of products and services, including Bacalhau and Expanso Cloud. 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.
Platform for managing and analyzing data in various environments.
Service for orchestrating data workloads and reducing costs.
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Leadership Team
1 people
CTO Team
1 people
Product Management Team
1 people
Software Development Team
1 people
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Funding Insights of Expanso
Expanso has successfully raised a total of $7.5M across 2 strategic funding rounds. 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 2
- Last Round Last Round
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First Round
First Round
(21 Nov 2023)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Seed - Expanso | Valuation | Samsung NEXT |
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| Nov, 2023 | Amount | Seed - Expanso | Valuation | Hetz Ventures , General Catalyst |
| 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 |
Investors in Expanso
Expanso has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Samsung NEXT, Array Ventures and Hetz 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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Venture capital fund investing in early-stage tech startups
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Founded Year | Domain | Location | |
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Tech focused VC firm investing in the US & Israel
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Founded Year | Domain | Location | |
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Early-stage Israeli startups are supported through venture capital investments.
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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 Expanso
| 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 - Expanso
| 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 |
Expanso Comparisons
Competitors of Expanso
Expanso 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 Theta Token, Ubitus, Lambda Labs, HPC-AI and Applied Digital, 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 peer-to-peer video delivery is enabled through token rewards.
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| domain | founded_year | HQ Location |
Cloud computing solutions for multiplayer gaming are provided.
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| domain | founded_year | HQ Location |
Provides a platform for deep learning server solutions.
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| domain | founded_year | HQ Location |
Cloud-based HPC services are provided for AI and ML acceleration.
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| domain | founded_year | HQ Location |
Next-generation datacenters are operated for AI and high-performance computing.
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| domain | founded_year | HQ Location |
Cloud GPU solutions are provided for intensive workloads across industries.
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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 Expanso
Frequently Asked Questions about Expanso
When was Expanso founded?
Expanso was founded in 2023.
Where is Expanso located?
Expanso is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Who is the current CEO of Expanso?
David Aronchick is the current CEO of Expanso. They have also founded this company.
Is Expanso a funded company?
Expanso is a funded company, having raised a total of $7.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $7.5M, raised on Nov 21, 2023.
What does Expanso do?
Cloud based distributed data processing solution. It offers solutions for storing, securing, and processing data in a distributed environment, helping businesses and organizations dealing with data generated from different devices. It offers a distributed data processing solution that orchestrates container jobs where data resides, eliminating the need for data transfers.
Who are the top competitors of Expanso?
Expanso's top competitors include Theta Token, E2E Networks and Neysa.
What products or services does Expanso offer?
Expanso offers Bacalhau and Expanso Cloud.
Who are Expanso's investors?
Expanso has 4 investors. Key investors include Samsung NEXT, Array Ventures, Hetz Ventures, and General Catalyst.
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