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 33 active competitors, including 7 funded and 6 that have exited. Its top competitors include companies like Pax8, Viio and Virtuozzo.
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
10th among 33 active competitors
Employee Count
127 as on May 31, 2026
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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 | 8882474 | ICO | 9350028 | 3961437 | 3450318 | 8838061 |
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 May 26. Here is Akash Network's employee count trend over the years:
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Akash Network's Competitors and alternates
Top competitors of Akash Network include Pax8, Viio and Virtuozzo. Here is the list of Top 10 competitors of Akash Network, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Pax8 2011, Greenwood Village (United States), Series E | AI powered cloud marketplace | $344M | 68/100 | |
2nd | Saas based cloud spend management platform | $5.13M | 53/100 | ||
3rd | Virtuozzo 2015, Seattle (United States), Funding Raised | Platform offering cloud marketplace | - | 46/100 | |
4th | Simr 2013, Los Altos (United States), Series A | Provider of HPC as a service for cloud simulations | $20M | 45/100 | |
5th | Pool mining solutions for cryptocurrency | - | 42/100 | ||
6th | Taloflow 2017, Sunnyvale (United States), Seed | Provider of a marketplace for dev and cloud tools | $3.6M | 42/100 | |
7th | ComputeNext 2010, Seattle (United States), Series A | Federated marketplace for cloud services | $4.65M | - | 38/100 |
8th | intY 1997, Bristol (United Kingdom), Acquired | Cloud distributor and marketplace | - | - | 38/100 |
9th | Provider of IT Marketplace | $2.63M | 37/100 | ||
10th | 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
News related to Akash Network
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Akash Network and Packet Partner to Simplify On-Demand Infrastructure DeploymentHITECH news articles•Apr 02, 2025•Kitsap, Akash Network
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Akash Network Integrates Packet (PKT) Network InfrastructureBusiness PR News•Apr 02, 2025•Akash Network, PKT Cash
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InFlux Technologies and Akash Network Team Up to Launch DePIN and Web3 Advocacy GroupGlobeNewswire•Oct 01, 2024•Akash Network
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Akash Partners with HackIndia to Empower Indian Students with Web3 EducationPR Newswire•Sep 18, 2024•HackIndia, Akash Network
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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
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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
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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
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