Akash Network - About the company
Akash Network is a funded company based in San Francisco (United States), founded in 2015 by Greg Osuri and Adam Bozanich. It operates as a Decentralized cloud marketplace unlocking global GPU power for AI at scale. Akash Network has raised an undisclosed amount in funding. The company has 103 active competitors, including 31 funded and 10 that have exited. Its top competitors include companies like Zluri, Spendflo and Pax8.
Company Details
Decentralized cloud marketplace unlocking global GPU power for AI at scale. It is a decentralized cloud computing platform, offering a peer-to-peer marketplace for compute resources. The platform focuses on providing cost-effective and scalable GPU solutions, particularly for Artificial Intelligence, Machine Learning, and data-intensive workloads. It enables users to access decentralized infrastructure, benefiting from enhanced security through blockchain technology and censorship-resistant services. The platform supports various applications, including real-time AI inference, generative AI deployments, and large language model processing. It aims to reduce cloud computing costs significantly compared to traditional providers, fostering a vibrant community and offering tools for seamless deployment and management of applications on its decentralized network. The platform utilizes a utility token to power transactions and provides free AI tools, instant inference capabilities, and image generation services. It is optimized for AI/ML workloads, offering competitive pricing and a premier decentralized compute marketplace.
- Website
- akash.network
Key Metrics
Founded Year
2015
Location
San Francisco, United States
Stage
Funding Raised
Latest Funding Round
Investors
Ranked
33rd among 103 active competitors
Employee Count
127 as on Aug 31, 2026
Sign up to download Akash Network's company profile
Akash Network's funding and investors
Akash Network has raised funding over 1 round. Akash Network has 12 institutional investors.
Here is the list of recent funding rounds of Akash Network:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 15, 2020 | 7246510 | ICO | 3419150 | 8186041 | 3953994 | 3054571 |
View details of Akash Network's funding rounds and investors
Akash Network's founders and board of directors
Founder? Claim ProfileThe founders of Akash Network are Greg Osuri and Adam Bozanich. Greg Osuri is the CEO of Akash Network.
Here are the details of Akash Network's key team members:
- Greg Osuri: Co-Founder & CEO of Akash Network. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Adam Bozanich: Co-Founder & CTO of Akash Network. Contact Info: 1 email address
View details of Akash Network's Founder profiles and Board Members
Akash Network's employee count trend
Akash Network has 127 employees as of Aug 26. Here is Akash Network's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Akash Network's Competitors and alternates
Top competitors of Akash Network include Zluri, Spendflo and Pax8. Here is the list of Top 10 competitors of Akash Network, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Zluri 2020, San Francisco (United States), Series B | Provider of SaaS management, access management, and access review solutions | $32.5M | 70/100 | |
2nd | Spendflo 2020, San Francisco (United States), Series A | AI-native procurement platform for managing SaaS and vendors | $15.4M | 69/100 | |
3rd | Pax8 2011, Greenwood Village (United States), Series E | AI powered cloud marketplace | $344M | 69/100 | |
4th | Zylo 2015, Indianapolis (United States), Series C | Platform offering SaaS applications management solutions | $72.5M | 68/100 | |
5th | Vendr 2018, Boston (United States), Acquired | Provider of software pricing data and negotiation insights for buyers | $216M | 67/100 | |
6th | AI-powered platform designed for IT teams to manage software | $45.3M | 65/100 | ||
7th | BetterCloud 2011, New York City (United States), Series G | SaaS applications management solutions provider | $187M | 64/100 | |
8th | Archera 2019, Bellevue (United States), Series B | Provider of cloud commitment lifecycle management platform and FinOps products | $41.9M | 62/100 | |
9th | FinQuery 2011, Atlanta (United States), Acquired | Cloud-based lease accounting and management software | $65.5M | 61/100 | |
10th | DoiT International 2011, Santa Clara (United States), Late Stage | Cloud spend management platform for enterprises | $100M | 57/100 | |
33rd | Akash Network 2015, San Francisco (United States), Funding Raised | Decentralized cloud marketplace unlocking global GPU power for AI at scale | - | 35/100 |
Looking for more details on Akash Network's competitors? Click here to see the top ones
Akash Network's Investments and acquisitions
Akash Network has not made any acquisitions yet. Akash Network has made 4 investments.Here is the list of latest three $investments:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jul 27, 2023 | Investments | 2022 | Winchester (United States) | |
Dec 01, 2022 | Investments | 2022 | San Luis Obispo (United States) | |
May 19, 2022 | Investments | 2021 | Los Altos (United States) |
See all investments by Akash Network
Reports related to Akash Network
Here is the latest report on Akash Network's sector:
News related to Akash Network
•
Akash Network and Packet Partner to Simplify On-Demand Infrastructure DeploymentHITECH news articles•Apr 02, 2025•Kitsap, Akash Network
•
Akash Network Integrates Packet (PKT) Network InfrastructureBusiness PR News•Apr 02, 2025•Akash Network, PKT Cash
•
Akash Network Founder Reveals Unexpected AI Energy Crisis Driving Decentralized Cloud AdoptionBenzinga•Jan 16, 2025•Akash Network
•
InFlux Technologies and Akash Network Team Up to Launch DePIN and Web3 Advocacy GroupGlobeNewswire•Oct 01, 2024•Akash Network
•
Akash Partners with HackIndia to Empower Indian Students with Web3 EducationPR Newswire•Sep 18, 2024•HackIndia, Akash Network
•
Solana ecological DePIN protocol io.net completed US$30 million in Series A financing, led by Hack VCBoChain Finance•Mar 05, 2024•io.net, Hack VC, 6MV, Multicoin Capital and 20 others
•
Passage Gets $6M Funding Boost to Build Immersive 3D Virtual Worlds with Unreal Engine 5 and AI IntegrationAlexaBlockchain•Jul 28, 2023•Passage, Akash Network, Druid, Cosmostation and 5 others
•
Akash Network and Concordium Partner to Offer Decentralized Cloud Infrastructure for Blockchain ApplicationsCision•Mar 23, 2023•Akash Network, Concordium
•
•
Saga Raises $6.5 Million Seed Round to Build the Next 1000 Chains in the Multiverse, Announces Innovator ProgramPR Newswire•May 19, 2022•Saga, Maven 11, LongHash, Hypersphere Ventures and 13 others
Are you a Founder ?
FAQs about Akash Network
Explore our recently published companies
- Summit Securities Group - New York based, 2012 founded, Unfunded company
- Goodluck Defence and Aerospace - Unfunded company
- Gravity - Bengaluru based, 2026 founded, Series A company
- Asiengineering - Funding Raised company
- Odyssia - India based, 2006 founded, Unfunded company
- Chenyang - Unfunded company