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.

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, Sapio has 10 employees, reflecting a 28% year-over-year decline in headcount.

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. This marks a decline of 9% from its peak valuation of $23.4M in Sep, 2021. This marks a decline of 9% from its peak valuation of $23.4M in Sep, 2021.

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 between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does Sapio rank among its competitors?

Sapio ranks 12th amongst 185 active competitors, of which 18 are funded. It stands 10th 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 BLS E Services. 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 Viral Champaklal Vora, Hardik Vishnu Kumar Somani and Shripal Jain. 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 185 active competitors, including 18 funded and 9 that have exited. Its top competitors include companies like Granicus, Dremio and BLS E Services.

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

12^th among 185 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

10 as on Aug 31, 2025

Investment & Acquisitions

KGS Microsystems

Similar Companies

Granicus & 229 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	Reports
Sapio Analytica Private Limited CIN: U78300MH2019PTC323836 , India, Active	Apr 08, 2019	₹10 - ₹50 Cr (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	2962183	Seed	4582882	4955545	2334882	9157587
Mar 23, 2023	4188862	Seed	3806779	5522302	7155022	4745820
Mar 2023	2727552	Seed	6385373	7578379	Soonicorn Ventures	5819067

Access funding benchmarks and valuations. Sign up today!

View details of Sapio's funding rounds and investors

The founders of Sapio are Viral Champaklal Vora, Hardik Vishnu Kumar Somani and Shripal Jain.

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

Viral Champaklal Vora: Co-Founder of Sapio. They serve on the boards of 4 companies.
Contact Info: 1 email address
Hardik Vishnu Kumar Somani: Co-Founder and COO of Sapio. They serve on the board of 1 company.
Contact Info: 1 phone number
Shripal Jain: Co-Founder & Director of Sapio. They serve on the board of 1 company.
Contact Info: 1 phone number

Sapio's Board of Directors

Sapio's board has 6 active members. Viral Champaklal Vora, Hardik Vishnu Kumar Somani, Shripal Jain and Ashwin Srivastava are part of team and Krishnan Subramanian and Prashant Nanasaheb Nikam are independent board members.

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

Name	Type	Representing	Status	Duration
Viral Champaklal Vora	Team	-	Current	7y 5m
Hardik Vishnu Kumar Somani	Team	-	Current	7y 1m
Shripal Jain	Team	-	Current	4y 3m
Ashwin Srivastava	Team	-	Current	4y 3m
Krishnan Subramanian	Independent board member	-	Current	1y 9m
ipqqs{d	Independent board member	-	Past	4y 5m
jlzfyrm	Independent board member	-	Past	5y 5m

View details of Sapio's Founder profiles and Board Members

Sapio's employee count trend

Sapio has 10 employees as of Aug 25. The total employee count is 29.0% lower than what it was in Aug 24. Here is Sapio's employee count trend over the years:

Uncover Sapio's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Sapio include Granicus, Dremio and BLS E Services. 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	Harvest Partners, Vista Equity Partners & 6 others	69/100
2nd	Dremio 2015, Austin (United States), Acquired	Cloud based analytical processing and data lake engine for businesses	$420M	Redpoint Ventures, Lightspeed Venture Partners ... & 13 others	68/100
3rd	BLS E Services 2016, Gurugram (India), Public	A technology enabled digital service provider, providing business correspondents services to banks	-	-	55/100
4th	Novoville 2014, London (United Kingdom), Seed	Civic engagement platform	$1.57M	Beacon Capital, Venture Friends & 7 others	54/100
5th	Colu 2014, Tel Aviv (Israel), Acquired	Developer of a platform for cities to engage with residents	$26.6M	Spark Capital, Aleph & 8 others	53/100
6th	e6data 2020, San Francisco (United States), Series A	Provider of a compute engine for SQL analytics and AI workload	$10M	Accel, Beenext & 4 others	50/100
7th	DualBird 2022, Israel, Series A	Develops data infrastructure tools and offers data analytics acceleration solutions	$41.5M	Lightspeed Venture Partners, Uncork Capital ... & 3 others	49/100
8th	Onehouse Technologies 2021, Menlo Park (United States), Series B	Developer of a universal data lakehouse platform for data management	$68M	Addition, Greylock Partners & 2 others	48/100
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	48/100
10th	Civic Roundtable 2022, Boston (United States), Seed	Cloud-based suite solutions for civic engagement	$5M	General Catalyst	43/100
12th	Sapio 2019, Mumbai (India), Seed	AI-based decision making software solutions for the government and institutions	$963K	IVY Growth Associates, Soonicorn Ventures ... & 15 others	42/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Sapio's competitors? Click here to see the top ones

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. The cap table displayed below is for Sapio Analytica Private Limited which is the legal entity associated with Sapio.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	75.07%	134Cr	4163687	8666709	2282534	8692204
Shripal Jain	3362594	5602540	7692512	8194079	1957202	5319296
Hardik Vishnu Kumar Somani	3355430	8113809	2041215	3750771	5522280	5980643
Viral Champaklal Vora	75727	29859	15558	33454	66300	16461
Fund	0.08%	15L	0	0	0	0
Enterprise	0.11%	20.2L	0	0	0	0
Angel	1.11%	1.97Cr	5	8	4	4
Rakesh Rathi	0	0	0	0	0	0
Rachit Poddar	0	0	0	0	0	0
Other People	4.72%	8.42Cr	6943	7096	8787	8253
ESOP Pool	18.93%	33.8Cr	9006414	3239001	6567247	8419781
Total	100.00%	179Cr	3296292	7684829	2171471	9962940