About Spectral
Spectral is a company based in New York (United States) founded in 2020 by Srikar Varadaraj and Sishir Varghese. It operates as a AI-as-a-Service, and Token / Crypto Economy. Spectral has raised $29.75 million across 2 funding rounds from investors including Circle, Galaxy and Social Capital. Spectral offers products and services including SYNTAX App and Lux Framework. Spectral operates in a competitive market with competitors including Borrowell, Nithio, Nova Credit, Cerved and Taktile, among others.
- Headquarter New York, United States
- Founders Srikar Varadaraj, Sishir Varghese
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Boltzmann Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$29.75 M (USD)
in 2 rounds
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Latest Funding Round
$23 M (USD), Series B
May 19, 2022
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Investors
Circle
& 15 more
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Employee Count
Employee Count
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Products & Services of Spectral
Spectral offers a comprehensive portfolio of products and services, including SYNTAX App and Lux Framework. 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 building and managing AI agents onchain.
Framework for creating collaborative AI agents for workflows.
Unlock access to complete
Funding Insights of Spectral
Spectral has successfully raised a total of $29.75M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $23 million completed in May 2022. 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 Series B — $23.0M
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First Round
First Round
(09 Nov 2021)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series B - Spectral | Valuation | General Catalyst , Social Capital | |
| Nov, 2021 | Amount | Series A - Spectral | Valuation | Polychain |
| 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 Spectral
Spectral has secured backing from 16 investors, including venture fund and institutional investors. Prominent investors backing the company include Circle, Galaxy and Social 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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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Founded Year | Domain | Location | |
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US focused VC firm investing in seed & growth stage companies
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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 |
| 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 Spectral
| 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 - Spectral
| 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 |
Spectral Comparisons
Competitors of Spectral
Spectral 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 Borrowell, Nithio, Nova Credit, Cerved and Taktile, 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 |
Credit monitoring and financial products comparison platform is provided.
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| domain | founded_year | HQ Location |
Analytics and financial solutions for distributed solar energy are provided.
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| domain | founded_year | HQ Location |
Nova Credit is focused on consumer credit data solutions.
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| domain | founded_year | HQ Location |
Credit information, marketing solutions, and credit management services are provided.
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| domain | founded_year | HQ Location |
Artificial intelligence based credit decisioning solution for banks and credit institutions
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| domain | founded_year | HQ Location |
Lender focused on non-prime and unbanked borrowers
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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 Spectral
Frequently Asked Questions about Spectral
When was Spectral founded?
Spectral was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Spectral located?
Spectral is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Spectral a funded company?
Spectral is a funded company, having raised a total of $29.75M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6.75M, raised on Nov 09, 2021.
What does Spectral do?
Spectral is engaged in creating intelligent AI agents for onchain operations. The company operates within the blockchain and financial technology sectors, offering solutions like the SYNTAX App and Lux Framework. These tools are designed to build, customize, and deploy AI agents for automated workflows, trading, and governance on blockchain networks. Multi-agent swarms are utilized to scan markets, execute trades, and interact with communities continuously. Industry-grade integrations with key APIs are provided to enhance agent capabilities. Onchain governance by token holders is facilitated to influence agent decisions, ensuring alignment with community incentives.
Who are the top competitors of Spectral?
Spectral's top competitors include Borrowell, Nithio and Applied Data Finance.
What products or services does Spectral offer?
Spectral offers SYNTAX App and Lux Framework.
Who are Spectral's investors?
Spectral has 16 investors. Key investors include Circle, Galaxy, Social Capital, Franklin Templeton, and Polychain.