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Spyne logo — company profile

Spyne

Founded 2018 51-200 employees Series A Total: $52.00M AI, Applications +3

General Information

Company Name Spyne
Founded Year 2018
Employees 51-200
Industries AI, Applications, SaaS +2
Funding Stage Series A
Social

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About Spyne

Spyne is a Gurgaon-based startup founded in 2018 by Sanjay Kumar and Deepti Prasad. Leveraging deep tech, the company utilizes AI to help businesses and marketplaces create and upgrade high-quality product images and videos at scale. With a team of over 100 employees, Spyne is dedicated to bringing the next million merchants online more conveniently and faster with AI. Their AI product enables businesses to create stunning catalogs that drive up to 40% better conversions, eliminating the need for physical studios. Spyne's computer vision and AI technology automate image processing workflows, enabling any business or marketplace to shoot, edit, and publish product visuals at scale, reducing both cost and time by 75%. The company has secured a $7.00M Series A investment on 12 April 2022, with participation from Accel, Smile Group, Storm Ventures, Pentathlon Ventures, and Core91 Fund. Currently serving more than 80 customers across 15+ countries in the automotive, food, and retail sectors, including Amazon India, Flipkart, Karvi, OLACars, and Sell Any Car, Spyne intends to expand its self-serve AI technology beyond the automotive industry into e-commerce, fashion, and real estate sectors. Additionally, the brand aims to venture into AR and VR to develop products for the Metaverse and Omniverse.

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $7.00M 4
Smile Group Storm Ventures Pentathlon Ventures
Smile Group, Storm Ventures +2
12 Apr 2022
Seed Round INR45.00M 5
Smile Group AngelList India
Smile Group, AngelList India +3
03 Mar 2020
Seed Round Undisclosed -
05 Jul 2019
Pre Seed Round Undisclosed -
01 Apr 2019

Spyne Alternatives & Competitors

Spyne vs
aiOla
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FAQ About Spyne

Founded in 2018 by Sanjay Kumar and Deepti Prasad, Spyne is a startup leveraging deep tech to help businesses and marketplaces create and upgrade high-quality product images and videos at scale with AI. Based in Gurgaon, Spyne is a forward-thinking, dynamic, and inventive startup dedicated to bring...
Spyne was founded in 2018.
Spyne operates in AI, Applications, SaaS, Web3 and Machine Learning.
Spyne has approximately 51-200 employees.
Spyne has completed 4 funding rounds, raising a total of $52.00M. The latest funding stage is Series A.
Top alternatives and competitors to Spyne include aiOla. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Spyne and aiOla are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Spyne, https://bouncewatch.com/company/spyne, updated 27 December 2024. When citing, please name BounceWatch and link this page.

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