Spheron Network

Bengaluru, India Founded: 2020 • Age: 6 yrs
Decentralized GPU and CPU compute is provided for AIML workloads.
Annual revenue $59,928 Latest available
Total funding $7.0M 1 rounds
Employees 1 Tracked headcount
Investors 11 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Spheron Network

Spheron Network is a company based in Bengaluru (India) founded in 2020 by Mitrasish Mukherjee and Prashant Maurya. It operates as a IaaS (Infrastructure-as-a-Service) and Two-Sided Marketplace. Spheron Network has raised $7 million across 1 funding round from investors including Protocol Labs, Nexus Venture Partners and Paradigm Shift Capital. The company has 1 employees as of April 05, 2024. Spheron Network offers products and services including Spheron Console, Supernoderz, and Skynet. Spheron Network operates in a competitive market with competitors including Netlify, OutSystems, Split, Vercel and LaunchDarkly, among others.

  • Headquarter Bengaluru, India
  • Employees 1 as on 05 Apr, 2024
  • Founders Mitrasish Mukherjee, Prashant Maurya
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Blockbit Technology Private Limited
  • Date of Incorporation 06 Aug, 2021
  • Jurisdiction Banglore, Karnataka, India
Operational Areas
Technology → Blockchain, Web3 & Digital Assets Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $59.93 K (USD)
    0
    as on Mar 31, 2022
  • Net Profit
    $6.03 K (USD)
    0
    as on Mar 31, 2022
  • EBITDA
    $9.38 K (USD)
    0
    as on Mar 31, 2022
  • Total Equity Funding
    $7 M (USD)

    in 1 rounds

  • Latest Funding Round
    $7 M (USD), Series A

    Aug 01, 2022

  • Investors
    Protocol Labs

    & 10 more

  • Employee Count
    1

    as on Apr 05, 2024

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Products & Services of Spheron Network

Spheron Network offers a comprehensive portfolio of products and services, including Spheron Console, Supernoderz, and Skynet.

Product name locked
Category locked
Primary

One-click access to GPUs and Mac devices is provided.

Product name locked
Category locked
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No-code platform for blockchain node deployment is offered.

Product name locked
Category locked
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No-code AI agent builder for easy deployment is available.

People of Spheron Network

Headcount 1-10
Employee Profiles 6
Employee Profiles
People
Chetan Pandey
Backend Engineer
People
Prashant Maurya
Co-founder & CEO At Spheron
People
Manank Patni
Blockchain Developer
People
Mitrasish Mukherjee
Co-founder & CTO

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Funding Insights of Spheron Network

Spheron Network has successfully raised a total of $7M through 1 strategic funding round. The most recent funding activity was a Series A round of $7 million completed in August 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.

Investors in Spheron Network

Spheron Network has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Protocol Labs, Nexus Venture Partners and Paradigm Shift Capital.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital firm that partners with entrepreneurs for product-first companies.
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Potato farming, grain marketing, and equipment services in Maine.
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Investments are directed toward early-stage blockchain startups.
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Investments & Acquisitions by Spheron Network

Investments
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Investment portfolio details for Spheron Network

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Financial Statements - Spheron Network

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Spheron Network Comparisons

Spheron Network Primary company
Description
Decentralized GPU and CPU compute is provided for AI/ML work...
Location
Bengaluru, India
Founded Year
2020
Annual Revenue
$59.93 K (USD)
Net Profit
$6.03 K (USD)
EBITDA
$9.38 K (USD)
Employees
1
As of 2024
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Peer comparison for Spheron Network

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Competitors of Spheron Network

Spheron Network 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 Netlify, OutSystems, Split, Vercel and LaunchDarkly, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based software for continuous application development and deployment.
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Low-code platform enables application development and deployment without coding.
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Split is recognized for providing feature management solutions.
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Serverless platform for Node.js app deployment is offered by Zeit.
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Cloud-based feature management platform is utilized for software deployments.
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Cloud and K8 based Kubernetes native monitoring and troubleshooting platform provider
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Detailed competitors of Spheron Network

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Latest news on Spheron Network

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Frequently Asked Questions about Spheron Network

Spheron Network was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Spheron Network is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Prashant Maurya is the current CEO of Spheron Network. They have also founded this company.

Spheron Network is a funded company, having raised a total of $7M across 1 funding round to date.

As of Apr 05, 2024, the latest employee count at Spheron Network is 1.

Annual revenue of Spheron Network is $59.93K as on Mar 31, 2022.

A decentralized compute network for GPU and CPU resources is managed by Spheron Network. Idle resources from gaming rigs, data centers, and mining farms are brought together to support AI and ML workloads. The permissionless architecture enhances resilience, uptime, and censorship-resistant access. Solutions like Spheron Console, Supernoderz, and Skynet are provided to developers for seamless access to compute power, node deployment, and AI agent building. Costs are reduced through a community-first model, promoting inclusion and scalability across global infrastructure.

Spheron Network's top competitors include Netlify, LaunchDarkly and Split.

Spheron Network offers Spheron Console, Supernoderz, and Skynet.

Spheron Network has 11 investors. Key investors include Protocol Labs, Nexus Venture Partners, Paradigm Shift Capital, Zee Prime Capital, and ConsenSys Mesh.

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