Spheron Network

Bengaluru, India Founded: 2020 • Age: 6 yrs
Decentralized GPU and CPU compute is provided for AIML workloads.

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. 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
  • Founders Mitrasish Mukherjee, Prashant Maurya
  • Sectors
    Technology
  • Website category Computers Electronics and Technology · Graphics Multimedia and Web Design
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website spheron.network
  • Social LinkedIn X
  • Legal Name Blockbit Technology Private Limited
  • Date of Incorporation 06 Aug, 2021
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹74.5 Lakh

    FY 2023 · +50% YoY

  • Net Profit
    ₹2.7 Lakh

    FY 2023 · 4% margin

  • EBITDA
    ₹4.4 Lakh

    FY 2023 · 6% margin

  • Total Equity Funding
    $7M (USD)

    in 1 rounds

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

    Aug 2022

  • Investors
  • Employee Count
    1

Products & Services of Spheron Network

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

Spheron Console
Compute Access

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

Supernoderz
Node Deployment

No-code platform for blockchain node deployment is offered.

Skynet
AI Agent Builder

No-code AI agent builder for easy deployment is available.

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.

  • Total Funding $7M
  • Total Rounds 1
  • Last Round Series A β€” $7M
  • First Round $7M

    (Aug 2022)

  • Investors Count 11

All 1 funding rounds of Spheron Network with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2022$7MSeries A–Nexus Venture Partners, Zee Prime Capital
Valuation history

11 investors in total: 8 institutional and 3 angel.

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.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm that partners with entrepreneurs for product-first companies.
2006nexusvp.comMenlo Park, United States
Potato farming, grain marketing, and equipment services in Maine.
2020paradigmshift.vcBengaluru, India
Investments are directed toward early-stage blockchain startups.
–tykheblock.venturesSingapore, Singapore
Seed-stage startups are funded by Alphawave venture capital firm.
–alphawave.co.zaStellenbosch, South Africa
Venture capital investment firm
–z47.comBengaluru, India
Blockchain investments are managed by Zee Prime Capital.
–zeeprime.capitalGibraltar, Gibraltar
Protocol Labs is recognized as an innovation network driving computing breakthroughs.
2014protocol.aiPalo Alto, United States
Provider of blockchain development services
–mesh.xyzBrooklyn, United States

Sandeep Nailwal

Co-founder of Polygon, prominent blockchain investor, and Indian crypto pioneer
–unknown_54b2d84f55954702a-

Aniket Jindal

Co-founder of Biconomy, blockchain scalability expert, active angel investor
–unknown_08bbc188803e43108-
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Investor details for Spheron Network

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Verified entity values are shown only after access is granted.

Board of directors of Blockbit Technology Private Limited (Spheron Network)

Blockbit Technology Private Limited is the primary company behind Spheron Network. The board of Blockbit Technology Private Limited currently have 2 directors; the longest-serving is Mitrasish Mukherjee, appointed in 2021. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Mitrasish Mukherjee
DIN 08333265
Director06 Aug 20215 yrs 2 moBlockbit Technology Private Limited
Rina Mukherjee
DIN 09597012
Director07 May 20224 yrs 5 moBlockbit Technology Private Limited

People of Spheron Network

6 people are tracked at Spheron Network (2 in leadership, 4 in team); the tracked headcount is 1.

NameRoleGroup
Co-Founder & CTOLeadership
Co-Founder & CEOLeadership
Chetan Pandey
Backend EngineerTeam
Manank Patni
Blockchain DeveloperTeam
Dusan Stanisavljevic
Senior Software EngineerTeam
Anurag Srivastava
SDE 1Team
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Complete people profiles for Spheron Network

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Verified entity values are shown only after access is granted.

Financials of Spheron Network

Figures of Blockbit Technology Private Limited, the primary company behind Spheron Network, for FY 2023. Revenue was ₹74.5 Lakh (+50% year on year). Net profit was ₹2.7 Lakh (4% margin). EBITDA was ₹4.4 Lakh (6% margin).

  • ₹74.5 LakhRevenue · FY 2023 · +50% YoY
  • ₹2.7 LakhNet profit · 4% margin
  • ₹4.4 LakhEBITDA · 6% margin

Balance sheet, profit and loss, cash flow and ratios of Blockbit Technology Private Limited are on its company page.

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Detailed financial statements for Spheron Network

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
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  • Downloads

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Timeline of Spheron Network

2 dated milestones of Spheron Network across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Spheron Network is founded.
  2. Funding First funding round of $7.0M.

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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
netlify.com2013San Francisco, United States$202.25M–
Cloud-based software for continuous application development and deployment.
outsystems.com2001Linda A Velha, Portugal$802.95M–
Low-code platform enables application development and deployment without coding.
split.io2015Redwood, United States$108M107
Split is recognized for providing feature management solutions.
zeit.co2015San Francisco, United States––
Serverless platform for Node.js app deployment is offered by Zeit.
launchdarkly.com2014Oakland, United States$330.3M371
Cloud-based feature management platform is utilized for software deployments.
komodor.com2020Rockville, United States$72M–
Cloud and K8 based Kubernetes native monitoring and troubleshooting platform provider
octopus.com2011Brisbane, Australia$204.5M–
Cloud-based software for continuous application deployment is provided.
platform.sh2010Paris, France$187.3M–
Continuous deployment platform for cloud-based web applications is provided.
chainstack.com2018Singapore$6M–
Blockchain node deployment and management infrastructure is provided.
esper.io2017Bellevue, United States$101.72M110
Cloud-based platform for application deployment and device management is offered.
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Detailed competitors of Spheron Network

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  • Operating metrics
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Web traffic of Spheron Network

The website of Spheron Network (spheron.network) receives about 37.2K visits a month and ranks #948,554 among all websites worldwide, #8,917 in Graphics Multimedia and Web Design.

  • Monthly visits
    37.2K

    ▲ 11.4% vs previous month

  • Unique visitors
    13.9K

    per month

  • Global rank
    #948,554

    among all websites

  • Category rank
    #8,917

    Computers Electronics and Technology · Graphics Multimedia and Web Design

Similar websites

Websites whose visitors overlap most with Spheron Network. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
stormotion.io
100%
–#1,208,448View details
hear2read.org
hear2read.org
98%
–#1,280,681–
ispeech.org
98%
27.2K#992,359View details
dianapps.com
dianapps.com
98%
–#1,475,291–
aiagentsdirectory.com
98%
98.2K#435,269View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Spheron Network

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Verified entity values are shown only after access is granted.

Latest news on Spheron Network

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Complete news archive for Spheron Network

Full article history, source details, and older brand coverage require an active premium plan.

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Similar companies to Spheron Network

10 companies that operate in the same segment as Spheron Network (Blockchain & Decentralized Infrastructure), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Terraform Labs is engaged in blockchain technology development.
2018Singapore, SingaporeUSD 57 M––
Ledger is recognized for providing secure cryptocurrency hardware wallets.
2014Paris, FranceUSD 575.4 M––
Decentralized exchange platform for cryptocurrency trading is operated.
2018New York, New York, United StatesUSD 176 M–85
Developer of blockchain and web3 software platform
2014Fort Worth, Texas, United StatesUSD 725 M––
Public blockchain network platform
2017Zug, Zug, SwitzerlandUSD 542.29 M––
Scalable blockchain interoperability protocols are developed for enhanced network security.
2017George Town, Cayman IslandsUSD 450.75 M––
Blockchain-based PC and mobile games are developed and published.
2006Kowloon, Hong Kong, ChinaUSD 973.19 M––
Protocols for blockchain-based solutions are provided by Aptos.
2021Palo Alto, California, United StatesUSD 350 M––
Cloud-based blockchain platform for application development is provided.
2013San Francisco, California, United StatesUSD 597.81 M––
Blockchain-based fantasy sports marketplace is provided for multiple sports.
2018Saint-mande, Val-de-marne, FranceUSD 738.84 M––
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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. The company's 1st funding round was a Series A of $7M, raised on Aug 2022.

Spheron Network has 1 employees.

The primary company behind Spheron Network, Blockbit Technology Private Limited, reported revenue of β‚Ή74.5 Lakh for FY 2023, up 50% year on year.

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.

Spheron Network operates through Blockbit Technology Private Limited.

The legal entities of Spheron Network currently have 2 directors, including Rina Mukherjee, Mitrasish Mukherjee.

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