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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.
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Key Metrics
Founded Year
2015
Location
San Francisco, United States
Stage
Funding Raised
Latest Funding Round
Ranked
Employee Count
127 as on Aug 31, 2026
Investment & Acquisitions
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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
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Akash Network's founders and board of directors

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The 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:

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:
Employee count trend for Akash Network
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Zluri
Zluri
2020, San Francisco (United States), Series B
Provider of SaaS management, access management, and access review solutions
$32.5M
70/100
2nd
Logo for Spendflo
Spendflo
2020, San Francisco (United States), Series A
AI-native procurement platform for managing SaaS and vendors
$15.4M
69/100
3rd
Logo for Pax8
Pax8
2011, Greenwood Village (United States), Series E
AI powered cloud marketplace
$344M
69/100
4th
Logo for Zylo
Zylo
2015, Indianapolis (United States), Series C
Platform offering SaaS applications management solutions
$72.5M
68/100
5th
Logo for Vendr
Vendr
2018, Boston (United States), Acquired
Provider of software pricing data and negotiation insights for buyers
$216M
67/100
6th
Logo for Sastrify
Sastrify
2020, Cologne (Germany), Acquired
AI-powered platform designed for IT teams to manage software
$45.3M
65/100
7th
Logo for BetterCloud
BetterCloud
2011, New York City (United States), Series G
SaaS applications management solutions provider
$187M
64/100
8th
Logo for Archera
Archera
2019, Bellevue (United States), Series B
Provider of cloud commitment lifecycle management platform and FinOps products
$41.9M
62/100
9th
Logo for FinQuery
FinQuery
2011, Atlanta (United States), Acquired
Cloud-based lease accounting and management software
$65.5M
61/100
10th
Logo for DoiT International
DoiT International
2011, Santa Clara (United States), Late Stage
Cloud spend management platform for enterprises
$100M
57/100
33rd
Logo for Akash Network
Akash Network
2015, San Francisco (United States), Funding Raised
Decentralized cloud marketplace unlocking global GPU power for AI at scale
-
35/100
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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:lockFilter 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)
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Reports related to Akash Network

Here is the latest report on Akash Network's sector:

News related to Akash Network

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•
Akash Network Integrates Packet (PKT) Network InfrastructureBusiness PR News•Apr 02, 2025•Akash Network, PKT Cash
•
Carbon Browser Working with Akash Network!Carbon•Feb 15, 2023•Carbon, Akash Network
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