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
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Spydra Solutions Private Limited
- Date of Incorporation 14 Mar, 2023
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$530.56 K (USD)608as on Mar 31, 2024
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Net Profit
$-268.3 K (USD)49as on Mar 31, 2024
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EBITDA
$-291.02 K (USD)44as on Mar 31, 2024
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Total Equity Funding
$1.86 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Hitachi Payment Services
& 3 more
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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. 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.
Secure platform for enterprise asset tokenization and data protection
Platform for issuing and trading tokens on real-world assets
Tool to fractionalize and issue tokens for various assets
No-code automation for blockchain tasks and processes
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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(14 Nov 2022)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Seed - Spydra | Valuation |
investors |
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| Nov, 2022 | Amount | Seed - Spydra | Valuation | Shivanand Shankar Mankekar |
| 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 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. 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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Venture capital fund investing in early-stage tech startups
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Founded Year | Domain | Location | |
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Investment management services in growth equity and public investments in India.
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Founded Year | Domain | Location | |
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POS payment processing and white-label ATM solutions are provided.
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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
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
|
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 Spydra
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Spydra
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Spydra Comparisons
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. 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 |
Developer of blockchain and web3 software platform
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| domain | founded_year | HQ Location |
Staking solutions are delivered via an online platform.
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| domain | founded_year | HQ Location |
Infrastructure for Web3 credential curation from multiple sources is offered.
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| domain | founded_year | HQ Location |
Blockchain platforms for business applications are developed and provided.
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| domain | founded_year | HQ Location |
Data exchange platform is provided for sharing and monetizing data.
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| domain | founded_year | HQ Location |
Blockchain-based platform for NFT and Defi application development
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Spydra
Frequently Asked Questions about Spydra
When was Spydra founded?
Spydra was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Spydra located?
Spydra is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is Spydra a funded company?
Spydra is a funded company, having raised a total of $1.86M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.86M, raised on Nov 14, 2022.
How many employees does Spydra have?
As of Mar 31, 2025, the latest employee count at Spydra is 44.
What is the annual revenue of Spydra?
Annual revenue of Spydra is $530.56K as on Mar 31, 2024.
What does Spydra do?
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.
Who are the top competitors of Spydra?
Spydra's top competitors include Consensys, Digital Asset and Figment.
What products or services does Spydra offer?
Spydra offers Private Network, Public Chain, Token Engine, Workflows, and Oracle.
Who are Spydra's investors?
Spydra has 4 investors. Key investors include Hitachi Payment Services, Singularity Ventures AMC, Logx Venture Partners, and Shivanand Shankar Mankekar.
What is Spydra's valuation?
The valuation of Spydra is $18.32M as of Nov 2022.
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