Spire

Bengaluru, India Founded: 2007 • Age: 19 yrs Minicorn
AI-based talent re-visioning solution suit provider

About Spire

Spire is a Technology company based in Bengaluru (India) founded in 2007 by Shweta Jain. Spire has raised $65.57 million across 13 funding rounds from investors including Baidu, Lightspeed Venture Partners and Fortress Investment. The company has 58 employees. Spire was last valued at $28.35 million in May 2016. Its Indian entity Spire Technologies And Solutions Private Limited reported revenue of β‚Ή29.18 Cr. Spire offers products and services including RecruitAI, MobilityAI, SkillAI, and Agent Sigma. Its focus areas include Enterprise Applications, HRTech, Workforce Analytics and Skill Mapping & Resource Allocation.

Company details

AI-based talent re-visioning solution suit provider. The platform supports organisations in the areas of workforce planning intelligence, proactive capability management, integrated talent supply chain management, agile talent acquisition and many more.

Key Metrics
  • Annual Revenue
    ₹29.18 Cr

    FY 2025 · -29% YoY

  • Net Loss
    -₹44.9 Lakh

    FY 2025 · -2% margin

  • EBITDA
    ₹5.10 Cr

    FY 2025 · 17% margin

  • Total Equity Funding
    $65.57M (USD)

    in 13 rounds

  • Investors
    Baidu

    & 53 more

  • Employee Count
    58

Products & Services of Spire

Spire offers a comprehensive portfolio of products and services, including RecruitAI, MobilityAI, SkillAI, and Agent Sigma.

RecruitAI
Talent Acquisition

AI tool for matching candidates to roles and streamlining hiring.

MobilityAI
Talent Mobility

Platform for guiding internal career transitions and upskilling.

SkillAI
Employee Skilling

AI-driven system for personalized learning and skill gap detection.

Agent Sigma
Talent Supply Chain

Autonomous agent for end-to-end talent operations management.

Funding Insights of Spire

Spire has successfully raised a total of $65.57M across 13 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 $65.57M
  • Total Rounds 13
  • First Round $1M

    (Jun 2008)

  • Investors Count 54

Latest 10 of 13 funding rounds of Spire with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2016Series C––
May 2016$1.59MSeries A$28.35MAgnus
Oct 2015$150MDebt – Conventional––
Feb 2014$8.04MSeries A$21.99MTenshi Partners
–
Jul 2013$20MSeries C––
Mar 2013$284,737Angel Round$β€’β€’β€’β€’β€’Animesh Kumar, Animesh Kumar
Mar 2012$324,639Angel Round$β€’β€’β€’β€’β€’Bikramjit Maitra
Jan 2012$50MDebt – Conventional––
–
Jan 2012$23MSeries B––
Jul 2011$11MSeries A––
Valuation history
DateValuationStage
May 2016$28.35Mβ€’β€’β€’β€’β€’β€’β€’β€’
Feb 2014$21.99Mβ€’β€’β€’β€’β€’β€’β€’β€’
Mar 2013$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Mar 2012$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Mar 2010$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Spire

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

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Last known valuation $28.35M (May 2016). 54 investors in total: 7 institutional and 47 angel.

Investors in Spire

Spire has secured backing from 54 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Baidu, Lightspeed Venture Partners and Fortress Investment.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture debt firm that does debt investment in the US
eastwardcp.comNewton, United States
Early-stage ventures are funded by the investment firm.
matrix.vcSan Francisco, United States
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
1997lsvp.comMenlo Park, United States
Limited information available
agnus.inBengaluru, India
dataCon is engaged in providing mission-critical naval system solutions.
tenshipartners.comChelmsford, United States
AI-enabled keyword-based search engine is operated for information retrieval.
2000baidu.comBeijing, China
Provider of credit, private equity, and capital investment services
1998fortress.comAtlanta, United States

Neeraj Sanan

unknown_f0f8bd2057d748d4a

Nisha Sebastain

unknown_337658561ba24e0e8

Abhay Anant Gupte

Angel investor, ex-MD of IDFC FIRST Bank, focused on fintech
unknown_5def6edd2346407e9
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Investor details for Spire

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 Spire Technologies And Solutions Private Limited (Spire)

Spire Technologies And Solutions Private Limited is the primary company behind Spire. The board of Spire Technologies And Solutions Private Limited currently have 6 directors; the longest-serving is Shweta Jain, appointed in 2007. 9 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Shweta Jain
DIN 01769218
Director19 Oct 200719 yrsSpire Technologies And Solutions Private Limited
Saurabh Jain
DIN 01769194
Managing Director19 Oct 200719 yrsSpire Technologies And Solutions Private Limited
Viraj Tyagi
DIN 01760948
Director01 Apr 201115 yrs 7 moSpire Technologies And Solutions Private Limited
Subramanyam Raghunath
DIN 00458251
Director05 Aug 201115 yrs 3 moSpire Technologies And Solutions Private Limited
Brian Dominick Dunn
DIN 07868690
Director28 Jun 20179 yrs 4 moSpire Technologies And Solutions Private Limited
Adesh Goyal
DIN 00044337
Director07 Mar 20224 yrs 8 moSpire Technologies And Solutions Private Limited

People of Spire

6 people are tracked at Spire (6 in leadership); the tracked headcount is 58.

NameRoleGroup
Co-FounderLeadership
Balaji G
DirectorLeadership
Subha Sivaraman
DirectorLeadership
Ankur Jain
Vice President, Enterprise Products And AlliancesLeadership
Vinod Kumar Padmanabhan
Head Of GrowthLeadership
Founder & CEOLeadership
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Complete people profiles for Spire

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Financials of Spire

Figures of Spire Technologies And Solutions Private Limited, the primary company behind Spire, for FY 2025. Revenue was ₹29.18 Cr (-29% year on year). Net loss was -₹44.9 Lakh (-2% margin). EBITDA was ₹5.10 Cr (17% margin). Revenue has grown at a compounded annual rate of +12% over three years and +20% over five years.

  • ₹29.18 CrRevenue · FY 2025 · -29% YoY
  • -₹44.9 LakhNet loss · -2% margin
  • ₹5.10 CrEBITDA · 17% margin
  • ₹47.8 LakhPaid-up capital
  • 58Employees (provident fund records)
  • +12%Revenue CAGR, 3 years
  • +20%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Spire Technologies And Solutions Private Limited are on its company page.

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Detailed financial statements for Spire

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

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Timeline of Spire

4 dated milestones of Spire across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Spire is founded.
  2. Funding First funding round of $1.0M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series C,.

Web traffic of Spire

The website of Spire (spire.ai) receives about 4.7K visits a month.

  • Monthly visits
    4.7K

    ▼ 6% vs previous month

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Related news about Spire

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Complete news archive for Spire

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Frequently Asked Questions about Spire

Spire was founded in 2007 and raised its 1st funding round 1 year after it was founded.

Spire is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Spire is a funded company, having raised a total of $65.57M across 13 funding rounds to date. The company's 1st funding round was a Series A of $11M, raised on Jun 2008.

Spire has 58 employees.

The primary company behind Spire, Spire Technologies And Solutions Private Limited, reported revenue of β‚Ή29.18 Cr for FY 2025, down 29% year on year.

AI-based talent re-visioning solution suit provider. The platform supports organisations in the areas of workforce planning intelligence, proactive capability management, integrated talent supply chain management, agile talent acquisition and many more.

Spire offers RecruitAI, MobilityAI, SkillAI, and Agent Sigma.

Spire has 54 investors. Key investors include Baidu, Lightspeed Venture Partners, Fortress Investment, Agnus, and Neeraj Sanan.

The valuation of Spire is $28.35M as of May 2016.

Spire operates through Spire Technologies And Solutions Private Limited.

The legal entities of Spire currently have 6 directors, including Viraj Tyagi, Adesh Goyal, Subramanyam Raghunath and others.

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