Affine - About the company
Affine is a seed company based in Bengaluru (India), founded in 2011 by Vineet Kumar, Abhishek Anand and Manas Agrawal. It operates as a Provider of IT service suite solutions. Affine has raised $866K in funding from Sinovation Ventures and Huachuang Zhiye Investment, with a current valuation of $*****. The company has 120826 active competitors, including 932 funded and 7072 that have exited. Its top competitors include companies like IBM, UST and Hewlett Packard Enterprise.
Company Details
- Website
- affine.ai
- Email ID
- *****@affine.ai
- Registered Address
- TWA-TERESA No.224/215 Hosur Rd, Roopena Agrahara, Bommanahalli, Bangalore, Bommanahalli (Bangalore), Bangalore, Bangalore South, Karnataka, India, 560068
Key Metrics
Legal entities associated with Affine
Affine is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AFFINE ANALYTICS PRIVATE LIMITED CIN: U74999KA2011PTC057118 , India, Active | Feb 15, 2011 | $17.5M (As on Mar 31, 2024) | 252 (As on Feb 01, 2026) |
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Affine's funding and investors
Affine has raised a total funding of $866K over 3 rounds. Its first funding round was on Nov 15, 2012. Its latest funding round was a Seed round on Feb 14, 2023 for $*****. 2 investors participated in its latest round. Affine has 2 institutional investors and 46 angel investors.
Here is the list of recent funding rounds of Affine:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 14, 2023 | 8726086 | Seed | 2689802 | 6517543 | 5431120 | 7525700 |
Mar 25, 2014 | 1462079 | Angel | 5046674 | 8828403 | 5693618 | 5873758 |
Nov 15, 2012 | 7244560 | Angel | 2302677 | 9234087 | 2388345 |
View details of Affine's funding rounds and investors
Affine's founders and board of directors
Founder? Claim ProfileThe founders of Affine are Vineet Kumar, Abhishek Anand and Manas Agrawal. Vineet Kumar is the CEO of Affine.
Here are the details of Affine's key team members:
- Vineet Kumar: Co-Founder & CEO of Affine. They are also an angel investor in 3 startups and serve on the board of 1 company.Contact Info: 1 email address
- Abhishek Anand: Co-Founder of Affine. They serve on the board of 1 company.Contact Info: 1 email address
- Manas Agrawal: Former Co-Founder of Affine. They serve on the board of 1 company.Contact Info: 1 email address
Affine's Board of Directors
Affine's board has 3 active members. Vineet Kumar, Abhishek Anand and Manas Agrawal are part of team.Here is the list of Affine's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 15y 1m | |
Team | - | Current | 14y 7m | |
Team | - | Current | 14y 0m |
View details of Affine's Founder profiles and Board Members
Affine's employee count trend
Affine has 290 employees as of Aug 25. The total employee count is 21.0% lower than what it was in Aug 24. Here is Affine's employee count trend over the years:
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Affine's Competitors and alternates
Top competitors of Affine include IBM, UST and Hewlett Packard Enterprise. Here is the list of Top 10 competitors of Affine, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | IBM 1911, United States, Public | Provider of hybrid cloud, artificial intelligence, and consulting services | - | 80/100 | |
2nd | UST 1999, Aliso Viejo (United States), Late Stage | Provider of data analytics, cloud modernization, management strategy, and digital transformation services | $250M | 80/100 | |
3rd | Hewlett Packard Enterprise 2015, Houston (United States), Public | Provider of edge-to-cloud solutions, products, and services for enterprise organizations | - | 79/100 | |
4th | Consulting and implementations company | $23.9M | 79/100 | ||
5th | Happiest Minds 2011, Bengaluru (India), Public | Provider of IT suite services | $64.8M | 76/100 | |
6th | Provider of IT consulting, technology, and outsourcing services | - | 76/100 | ||
7th | Provider of digital marketing, data analytics, and IT services | - | 75/100 | ||
8th | Virtusa 1996, Westborough (United States), Acquired | IT services company | $45.2M | 73/100 | |
9th | Sutherland 1986, Pittsford (United States), Late Stage | Provider of business process and technology management services | $60M | 73/100 | |
10th | Datamatics 1975, Mumbai (India), Public | Provider of digital technologies, business process management, analytics, and automation services | $3M | 73/100 | |
2700th | Provider of IT service suite solutions | $866K | 35/100 |
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Affine's Investments and acquisitions
Affine has made no investments or acquisitions yet.
News related to Affine
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Chainlink CCIP Integrated by Affine to Help Unlock Cross-Chain NFT BridgingCrowdfund Insider•Oct 28, 2023•Affine, Chainlink
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AFFiNE Raises $8M in Pre-Series A FundingFinSMEs•Oct 16, 2023•Affine, Redpoint Ventures, Sinovation Ventures, Continental Grain Company
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Affine Protocol Raises $5.1M From Industry Heavyweights to Develop DeFi Yield OfferingCoinDesk•Feb 23, 2023•Affine DeFi, Jump Crypto, Hack VC, Circle and 13 others
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China GPs back pre-Series A for software start-up AffineAsian Venture Capital Journal•Feb 20, 2023•Affine, Redpoint Ventures, China Growth Capital, Sinovation Ventures and 1 other
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