Spydra

Austin, United States Founded: 2021 • Age: 5 yrs
API-driven Decentralization-as-a-Service platform is provided for application development.
Annual revenue $530,563 Latest available
Total funding $1.9M 2 rounds
Employees 44 Tracked headcount
Investors 4 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Spydra

Spydra is a company based in Austin (United States) founded in 2021 by Manish Tiwari and Ashwath Govindan. Spydra has raised $1.86 million across 2 funding rounds from investors including Hitachi Payment Services, Singularity Ventures AMC and Logx Venture Partners. The company has 44 employees as of March 31, 2025. Spydra offers products and services including Private Network, Public Chain, Token Engine, Workflows, and Oracle. Spydra operates in a competitive market with competitors including Consensys, Figment, Galxe, Digital Asset and Ocean Protocol, among others.

  • Headquarter Austin, United States
  • Employees 44 as on 31 Mar, 2025
  • Founders Manish Tiwari, Ashwath Govindan
  • Stage Minicorn
  • Sectors
    Technology
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Spydra Solutions Private Limited
  • Date of Incorporation 14 Mar, 2023
  • Jurisdiction Bangalore South, Karnataka, India
Operational Areas
Technology → Blockchain, Web3 & Digital Assets Unlock Sub-Sector Unlock Segment
Technology → Blockchain, Web3 & Digital Assets Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $530.56 K (USD)
    608
    as on Mar 31, 2024
  • Net Profit
    -$268.3 K (USD)
    49
    as on Mar 31, 2024
  • EBITDA
    -$291.02 K (USD)
    44
    as on Mar 31, 2024
  • Total Equity Funding
    $1.86 M (USD)

    in 2 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    44

    as on Mar 31, 2025

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Products & Services of Spydra

Spydra offers a comprehensive portfolio of products and services, including Private Network, Public Chain, Token Engine, Workflows, and Oracle.

Product name locked
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Primary

Secure platform for enterprise asset tokenization and data protection

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Platform for issuing and trading tokens on real-world assets

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Tool to fractionalize and issue tokens for various assets

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No-code automation for blockchain tasks and processes

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Brings off-chain data to blockchain for enhanced functionality

Funding Insights of Spydra

Spydra has successfully raised a total of $1.86M 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.

Investors in Spydra

Spydra has secured backing from 4 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Hitachi Payment Services, Singularity Ventures AMC and Logx Venture Partners.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital fund investing in early-stage tech startups
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Investment management services in growth equity and public investments in India.
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POS payment processing and white-label ATM solutions are provided.
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Investor details for Spydra

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Investments & Acquisitions by Spydra

Investments
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Investment portfolio details for Spydra

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Financial Statements - Spydra

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Detailed financials for Spydra

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Spydra Comparisons

Spydra Primary company
Description
API-driven Decentralization-as-a-Service platform is provide...
Location
Austin, United States
Founded Year
2021
Annual Revenue
$530.56 K (USD)
Net Profit
-$268.3 K (USD)
EBITDA
-$291.02 K (USD)
Employees
44
As of 2025
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Peer comparison for Spydra

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Competitors of Spydra

Spydra 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 Consensys, Figment, Galxe, Digital Asset and Ocean Protocol, among others.

Company Name Domain Founded year HQ Location Description
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Developer of blockchain and web3 software platform
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Staking solutions are delivered via an online platform.
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Infrastructure for Web3 credential curation from multiple sources is offered.
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Blockchain platforms for business applications are developed and provided.
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Data exchange platform is provided for sharing and monetizing data.
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Blockchain-based platform for NFT and Defi application development
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Detailed competitors of Spydra

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Latest news on Spydra

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Complete news archive for Spydra

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Frequently Asked Questions about Spydra

Spydra was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Spydra is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Spydra is a funded company, having raised a total of $1.86M across 2 funding rounds to date.

As of Mar 31, 2025, the latest employee count at Spydra is 44.

Annual revenue of Spydra is $530.56K as on Mar 31, 2024.

Spydra was founded in 2021 in Austin, United States, within the technology sector focused on decentralized systems. An API-driven platform is operated to support developers, enterprises, and individuals globally in building applications, establishing business infrastructure, and connecting to the decentralized web. Services emphasize integration and accessibility for modern digital operations.

Spydra's top competitors include Consensys, Digital Asset and Figment.

Spydra offers Private Network, Public Chain, Token Engine, Workflows, and Oracle.

Spydra has 4 investors. Key investors include Hitachi Payment Services, Singularity Ventures AMC, Logx Venture Partners, and Shivanand Shankar Mankekar.

The valuation of Spydra is $18.32M as of Nov 2022.

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