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Gensyn - About the company

Gensyn is a series A company based in London (United Kingdom), founded in 2020 by Harry Grieve and Ben Fielding. It operates as a Provider of a solution to train machine learning models remotely. Gensyn has raised $50.6M in funding from investors like 7percent Ventures, Edenblock and a16zcrypto. The company has 77 active competitors, including 11 funded and 2 that have exited. Its top competitors include companies like exaBITS, io.net and Prime Intellect.

Company Details

Provider of a solution to train machine learning models remotely. It enables developers to build and train deep learning as well as machine learning models.
Social
X
Email ID
*****@gensyn.ai
Key Metrics
Founded Year
2020
Location
Stage
Series A
Total Funding
$50.6M in 4 rounds
Latest Funding Round
Ranked
Employee Count
2 as on Jun 30, 2021
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Gensyn's funding and investors

Gensyn has raised a total funding of $50.6M over 4 rounds. Its first funding round was on Nov 2020. Its latest funding round was a Series A round on Jun 11, 2023 for $*****. 10 investors participated in its latest round. Gensyn has 18 institutional investors.

Here is the list of recent funding rounds of Gensyn:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 11, 2023
1085531
Series A
1831885
3388943
1977437
7917262
Mar 21, 2022
6306012
Seed
6688352
2998144
3309468
Jul 21, 2021
7799326
Seed
8004594
6833331
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Gensyn's founders and board of directors

Founder? Claim Profile
The founders of Gensyn are Harry Grieve and Ben Fielding.
Here are the details of Gensyn's key team members:

Gensyn's Board of Directors

Gensyn's board has 2 active members. Harry Grieve and Ben Fielding are part of team.
Here is the list of Gensyn's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
5y 11m
Team
-
Current
5y 11m

Gensyn's employee count trend

Gensyn has 2 employees as of Jun 21. Here is Gensyn's employee count trend over the years:
Employee count trend for Gensyn
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Gensyn's Competitors and alternates

Top competitors of Gensyn include exaBITS, io.net and Prime Intellect. Here is the list of Top 10 competitors of Gensyn, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for exaBITS
exaBITS
2021, San Mateo (United States), Seed
Decentralized GPU computing infrastructure for AI workloads
$20M
68/100
2nd
Logo for Gensyn
Gensyn
2020, London (United Kingdom), Series A
Provider of a solution to train machine learning models remotely
$50.6M
58/100
3rd
Logo for io.net
io.net
2022, New York City (United States), Series A
Decentralized GPU cloud platform for AI and machine learning workloads
$40M
56/100
4th
Logo for Prime Intellect
Prime Intellect
2023, San Francisco (United States), Series B
Provider of compute and infrastructure platform for agentic model development
$70.4M
55/100
5th
Logo for Bittensor
Bittensor
2019, Toronto (Canada), Funding Raised
Blockchain-based decentralized AI platform
-
49/100
6th
Logo for Lemurian Labs
Lemurian Labs
2018, Santa Clara (United States), Series A
Developer of software stack designed to run AI workloads on hardware
$37M
48/100
7th
Logo for AIxBlock
AIxBlock
2023, Sunnyvale (United States), Funding Raised
Provider of training data for speech and language artificial intelligence
-
42/100
8th
Logo for Planck
Planck
2023, Amsterdam (Netherlands), Unfunded
Decentralizing processing power to host open-source AI models
-
-
41/100
9th
Logo for WOMBO
WOMBO
2020, Toronto (Canada), Series A
Network of decentralized computing power for artificial intelligence task execution
$9M
38/100
10th
Logo for Happy Elements
Happy Elements
2009, Beijing (China), Late Stage
Developer of a decentralized computing platform supporting various computational tasks
$35M
37/100
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Gensyn's Investments and acquisitions

Gensyn has made no investments or acquisitions yet.

Reports related to Gensyn

Here is the latest report on Gensyn's sector:

News related to Gensyn

Media has covered Gensyn for a total of 5 events in the last 1 year, 3 of them have been about company updates.
Gensyn Launches $AI Token Sale on SonarEuropa PressDec 16, 2025Gensyn
a16z invests in GensynSmartliquidityJun 16, 2023a16zcrypto, Gensyn, Canonical, CoinFund and 2 others
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