When was exaBITS founded?

exaBITS was founded in 2021 and raised its 1st funding round 3 years after it was founded.

Where is exaBITS located?

exaBITS is headquartered in San Mateo, United States.

How many employees does exaBITS have?

As of Sep 30, 2026, the latest employee count at exaBITS is 6.

Is exaBITS a funded company?

exaBITS is a funded company, having raised a total of $20M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 02, 2024.

How much is exaBITS worth?

The latest valuation of exaBITS is $***** as of Dec 11, 2024.

When was the latest funding round of exaBITS?

exaBITS's latest funding was a $***** Seed round on Dec 10, 2024, with participation from 1 investor. Its primary sector is High Performance Computing. In United States, the High Performance Computing sector has seen $14.9B in funding in 2026 to date.

Where does exaBITS rank among its competitors?

exaBITS ranks 11th amongst 896 active competitors, of which 114 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was FluidStack, which secured $1.5B in Sep, 2026.

Who are the top competitors of exaBITS?

exaBITS's top competitors include CoreWeave, Tuya and Hewlett Packard Enterprise. Among them, FluidStack secured the most recent funding round in September, 2026.

exaBITS - 2026 Company Profile, Team, Funding & Competitors

exaBITS is a seed company based in San Mateo (United States), founded in 2021 by Zachary Bright and Hoansoo Lee. It operates as a Decentralized GPU computing infrastructure for AI workloads. exaBITS has raised $20M in funding from Portal ventures, with a current valuation of $*****. The company has 896 active competitors, including 114 funded and 39 that have exited. Its top competitors include companies like CoreWeave, Tuya and Hewlett Packard Enterprise.

Company Details

Decentralized GPU computing infrastructure for AI workloads. It is a decentralized infrastructure for AI and computationally intensive applications. The platform manages processing speeds and data quantum in real time. It allows users to engage in the AI computing process to earn rewards and revenue.

Website: www.exabits.ai/
Social

Key Metrics

Founded Year

2021

Location

San Mateo, United States

Stage

Seed

Total Funding

$20M in 2 rounds

Latest Funding Round

Seed, Dec 10, 2024, $*****

Post Money Valuation

$***** as on Dec 11, 2024

Investors

Portal ventures & 17 more

Ranked

11^th among 896 active competitors

Employee Count

6 as on Sep 30, 2026

Investment & Acquisitions

EMC Labs

Similar Companies

Rescale & 5919 more

View exaBITS's full profile

exaBITS has raised a total funding of $20M over 2 rounds. Its first funding round was on Feb 02, 2024. Its latest funding round was a Seed round on Dec 10, 2024 for $*****. 1 investor participated in its latest round. exaBITS has 18 institutional investors.

Here is the list of recent funding rounds of exaBITS:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 10, 2024	3278024	Seed	7016750	4657090	2731439	7480435
Feb 02, 2024	7018492	Seed	2575338	6235905	Portal ventures	Protocol Labs & 14 more

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View details of exaBITS's funding rounds and investors

The founders of exaBITS are Zachary Bright and Hoansoo Lee.

Here are the details of exaBITS's key team members:

Zachary Bright: Co-Founder of exaBITS.
Contact Info: 1 email address
Hoansoo Lee: Co-Founder of exaBITS.
Contact Info: 1 email address

View details of exaBITS's Founder profiles and Board Members

exaBITS's employee count trend

exaBITS has 6 employees as of Sep 26. Here is exaBITS's employee count trend over the years:

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Top competitors of exaBITS include CoreWeave, Tuya and Hewlett Packard Enterprise. Here is the list of Top 10 competitors of exaBITS, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	CoreWeave 2017, Livingston (United States), Public	Provider of cloud computing services for artificial intelligence workloads	$2.38B	Magnetar, Fidelity Investments & 43 others	81/100
2nd	Tuya 2014, Santa Clara (United States), Public	Provider of AI cloud platform services for smart product development	$200M	New Enterprise Associates, Future Fund & 12 others	75/100
3rd	Hewlett Packard Enterprise 2015, Houston (United States), Public	Provider of edge-to-cloud solutions, products, and services for enterprise organizations	-	Kleiner Perkins, Draper Athena & 4 others	75/100
4th	Together AI 2022, San Francisco (United States), Series C	Provider of a platform for developing, fine-tuning, and deploying AI models	$1.33B	Emergence Capital, Salesforce Ventures & 34 others	75/100
5th	Rescale 2011, San Francisco (United States), Series D	Provider of high performance computing platform for engineering and science	$369M	Republic Capital, Samsung Catalyst Fund & 71 others	72/100
6th	FluidStack 2017, New York City (United States), Series B	Provider of high performance computing infrastructure for artificial intelligence workloads	$2.55B	Jane Street, Situational Awareness & 11 others	72/100
7th	Theta Token 2016, Cupertino (United States), Series A	Decentralized video delivery platform	$9.26M	Sierra Ventures, The Venture Reality Fund ... & 36 others	70/100
8th	Crusoe 2018, Denver (United States), Series F	Operator of cloud platform providing infrastructure for artificial intelligence workloads	$6.67B	Valor Equity Partners, Founders Fund & 77 others	69/100
9th	G42 2018, Abu Dhabi (United Arab Emirates), Series D	Developer of artificial intelligence cloud computing and data center infrastructure	$2.3B	Silver Lake, Mubadala & 1 others	67/100
10th	Aethir 2021, Singapore (Singapore), Seed	Network of distributed cloud infrastructure providing enterprise grade GPU compute	$9M	Framework Ventures, HashKey Capital & 19 others	67/100
11th	exaBITS 2021, San Mateo (United States), Seed	Decentralized GPU computing infrastructure for AI workloads	$20M	Hack VC, LBank Labs & 16 others	67/100