When was Sapio founded?

Sapio was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Sapio located?

Sapio is headquartered in Mumbai, India. It is registered at Shop No 6 Naman Cooperative Housing Society, 22 Dadabhai Road Nr. Station, Andheri (w) Near Collector Compound, Andheri Railway Station, Mumbai, Mumbai, Maharashtra, India, 400058.

Who is the current CEO of Sapio?

Ashwin Srivastava of Sapio. They have also founded 3 companies.

Which legal entities is Sapio associated with?

Sapio is associated with Sapio Analytica Private Limited.

How many employees does Sapio have?

As of Aug 31, 2025, the latest employee count at Sapio is 10.

Is Sapio a funded company?

Sapio is a funded company, having raised a total of $963K across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 29, 2020.

How much is Sapio worth?

The latest valuation of Sapio is ₹***** as of Mar 18, 2024.

When was the latest funding round of Sapio?

Sapio's latest funding was a $***** Seed round on Mar 18, 2024, with participation from 1 investor.

What is the annual revenue of Sapio?

Annual revenue of Sapio is ₹27.3Cr as on Mar 31, 2025.

Where does Sapio rank among its competitors?

Sapio ranks 11th amongst 183 active competitors, of which 18 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was DualBird, which secured $25M in Nov, 2025.

Who are the top competitors of Sapio?

Sapio's top competitors include Granicus, Dremio and Tagit. Among them, DualBird secured the most recent funding round in November, 2025.

Sapio - 2026 Company Profile, Team, Funding, Competitors & Financials

Sapio is a seed company based in Mumbai (India), founded in 2019 by Ashwin Srivastava, Hardik Somani, Shripal Jain and Viral Vora. It operates as an AI-based decision making software solutions for the government and institutions. Sapio has raised $963K in funding from investors like ah! Ventures, ah! Ventures Fund and Soonicorn Ventures, with a current valuation of ₹*****. The company has 183 active competitors, including 18 funded and 9 that have exited. Its top competitors include companies like Granicus, Dremio and Tagit.

Company Details

AI-based decision making software solutions for the government and institutions. The product offerings include Citizen Governance Tool, citizen feedback, and analytics tool for public representatives to collect citizen's feedback to manage the administrative process. It aims to bridge the gap between education and employment, with a focus on vocational training and job placement.

Website: sapioanalytics.com
Social
Registered Address: Shop No 6 Naman Cooperative Housing Society, 22 Dadabhai Road Nr. Station, Andheri (w) Near Collector Compound, Andheri Railway Station, Mumbai, Mumbai, Maharashtra, India, 400058

Key Metrics

Founded Year

2019

Location

Mumbai, India

Stage

Seed

Total Funding

$963K in 6 rounds

Latest Funding Round

Seed, Mar 18, 2024, $*****

Post Money Valuation

₹***** as on Mar 18, 2024

Investors

ah! Ventures & 16 more

Ranked

11^th among 183 active competitors

Annual Revenue

₹27.3Cr as on Mar 31, 2025

Employee Count

10 as on Aug 31, 2025

Investment & Acquisitions

KGS Microsystems

Similar Companies

Granicus & 227 more

View Sapio's full profile

Sapio is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Sapio Analytica Private Limited CIN: U74999MH2019PTC323836 , India, Active	Apr 08, 2019	$3.23M (As on Mar 31, 2025)	10 (As on Aug 01, 2025)

Sapio has raised a total funding of $963K over 6 rounds. Its first funding round was on Sep 29, 2020. Its latest funding round was a Seed round on Mar 18, 2024 for $*****. 1 investor participated in its latest round. Sapio has 9 institutional investors and 8 angel investors.

Here is the list of recent funding rounds of Sapio:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 18, 2024	8411564	Seed	7151783	8975243	2319956	3856690
Mar 23, 2023	7501181	Seed	3920863	1886897	5665154	4192351
Mar 2023	9345453	Seed	2329450	2484826	Soonicorn Ventures	1198340

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View details of Sapio's funding rounds and investors

The founders of Sapio are Ashwin Srivastava, Hardik Somani, Shripal Jain and Viral Vora. Ashwin Srivastava is the CEO of Sapio.

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

Ashwin Srivastava: Founder & CEO of Sapio and founder of 2 other companies, SAKSHAM SCORE and Great Manager Institute. They serve on the boards of 2 companies.
Hardik Somani: Co-Founder and COO of Sapio. They serve on the board of 1 company.
Shripal Jain: Co-Founder & Director of Sapio. They serve on the board of 1 company.
Viral Vora: Co-Founder of Sapio. They serve on the boards of 4 companies.
Contact Info: 1 email address

Sapio's Board of Directors

Sapio's board has 4 active members. Ashwin Srivastava, Hardik Somani, Shripal Jain and Viral Vora are part of team.

Here is the list of Sapio's board of directors:

Name	Type	Representing	Status	Duration
Ashwin Srivastava	Team	-	Current	3y 9m
Hardik Somani	Team	-	Current	6y 7m
Shripal Jain	Team	-	Current	3y 9m
Viral Vora	Team	-	Current	6y 11m
Krishnan Subramanian	Independent board member	-	Current	1y 2m
fcizkel	Independent board member	-	Past	2y 9m
yxbpvlg	Independent board member	-	Past	8y 3m

View details of Sapio's Founder profiles and Board Members

Sapio's employee count trend

Sapio has 10 employees as of Aug 25. Here is Sapio's employee count trend over the years:

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Top competitors of Sapio include Granicus, Dremio and Tagit. Here is the list of Top 10 competitors of Sapio, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Granicus 1999, Denver (United States), Acquired	Cloud-based platform for transparency, process management, legislative efficiency, and citizen engagement	$10.7M	Vista Equity Partners, Harvest Partners & 3 others	64/100
2nd	Dremio 2015, Mountain View (United States), Series E	Cloud based analytical processing and data lake engine for businesses	$420M	Redpoint Ventures, Lightspeed Venture Partners ... & 13 others	63/100
3rd	Tagit 2004, Singapore (Singapore), Acquired	Provider of digital engagement solutions	$9M	SRA IP Solutions, JAM & 21 others	62/100
4th	Onehouse Technologies 2021, Menlo Park (United States), Series B	Developer of a universal data lakehouse platform for data management	$68M	Addition, Greylock & 2 others	59/100
5th	BLS E Services 2016, Gurugram (India), Public	A technology enabled digital service provider, providing business correspondents services to banks	-	-	57/100
6th	Novoville 2014, London (United Kingdom), Seed	Civic engagement platform	$1.57M	Beacon Capital, London Co-Investment Fund ... & 7 others	54/100
7th	Colu 2014, Tel Aviv (Israel), Acquired	Developer of a platform for cities to engage with residents	$26.6M	Spark Capital, Aleph & 8 others	54/100
8th	DualBird 2022, Israel, Series A	Develops data infrastructure tools and offers data analytics acceleration solutions	$41.5M	Lightspeed Venture Partners, Uncork Capital ... & 3 others	47/100
9th	Polco 2015, Mountain View (United States), Series B	Provider of community engagement platform, surveys, data dashboards, and AI solutions	$24.3M	Mercury Fund, Seed Sumo & 6 others	45/100
10th	My Smart City 2018, Sandton (South Africa), Unfunded	Provider of citizen engagement solutions for smart governance	-	-	43/100
11th	Sapio 2019, Mumbai (India), Seed	AI-based decision making software solutions for the government and institutions	$963K	ah! Ventures, IVY Growth Associates & 15 others	43/100

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Founders (largest shareholder) own 75.07%, Funds own 0.08%, Enterprises own 0.11% and Angels own 1.11%. The net worth of Sapio's founders is INR 134Cr as of Mar 18, 2024.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	75.07%	134Cr	7929158	9267329	5063135	8104381
Ashwin Srivastava	1062407	3142765	3616078	4746789	7383491	2977697
Shripal Jain	9204556	6920733	1921981	3989912	9935381	5794516
Hardik Somani	5582096	4723546	7573536	8416095	2578598	6944455
Viral Vora	60478	61005	16726	25386	90009	38713
Fund	0.08%	15L	0	0	0	0
Enterprise	0.11%	20.2L	0	0	0	0
Angel	1.11%	1.97Cr	6	2	1	2
Rakesh Rathi	0	0	0	0	0	0
Rachit Poddar	0	0	0	0	0	0
Other People	4.72%	8.42Cr	9003	4249	8293	4876
ESOP Pool	18.93%	33.8Cr	1568164	9064846	2594487	2655938
Total	100.00%	179Cr	8677556	9827295	1928153	1685269