When was Spell founded?

Spell was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is Spell located?

Spell is headquartered in New York City, United States.

Who is the current CEO of Spell?

Serkan Piantino of Spell. They have also founded 1 company.

How many employees does Spell have?

As of Aug 31, 2026, the latest employee count at Spell is 21.

Is Spell a funded company?

Spell is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Jan 03, 2019.

When was the latest funding round of Spell?

Spell's latest funding was a $***** Series A round on Jan 03, 2019, with participation from 2 investors. Its primary sector is AI Infrastructure. In United States, the AI Infrastructure sector has seen $266B in funding in 2026 to date.

Where does Spell rank among its competitors?

Spell ranks 50th amongst 532 active competitors, of which 69 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Factory, which secured $200M in Sep, 2026.

Who are the top competitors of Spell?

Spell's top competitors include Lightning, Anyscale and Weights & Biases. Among them, Factory secured the most recent funding round in September, 2026.

Spell - 2026 Company Profile, Team, Funding & Competitors

Spell is an acqui-hired company based in New York City (United States), founded in 2017 by Serkan Piantino. It operates as a Provider of a MLOps platform for deep learning applications. Spell has raised $15M in funding from Two Sigma Ventures and Eclipse. The company has 532 active competitors, including 69 funded and 15 that have exited. Its top competitors include companies like Lightning, Anyscale and Weights & Biases.

Company Details

Spell provides a MLOps platform for machine learning and deep learning applications. It enables users to build and manage artificial intelligence models as well as, explore data with Jupyter notebooks, train models on GPUs, create APIs & automate workflow. Clients include Square, AlphaSense, Weights & Biases, Originate, Leia and more.

Website: spell.ml
Social
Email ID: *****@spell.ml

Key Metrics

Founded Year

2017

Location

New York City, United States

Stage

Acqui-Hired

Total Funding

$15M in 1 round

Latest Funding Round

Series A, Jan 03, 2019, $*****

Investors

Two Sigma Ventures & 6 more

Ranked

50^th among 532 active competitors

Employee Count

21 as on Aug 31, 2026

Similar Companies

Lightning & 1074 more

View Spell's full profile

Spell has raised a total funding of $15M over 1 round. Its latest funding round was a Series A round on Jan 03, 2019 for $*****. 2 investors participated in its latest round. Spell has 7 institutional investors.

Here is the list of recent funding rounds of Spell:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 03, 2019	8086220	Series A	3008478	3270625	5036464	6816454

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View details of Spell's funding rounds and investors

The founders of Spell is Serkan Piantino.

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

Serkan Piantino: Co-Founder & CEO of Spell and founder of 1 other company.

View details of Spell's Founder profiles and Board Members

Spell's employee count trend

Spell has 21 employees as of Aug 26. Here is Spell's employee count trend over the years:

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Top competitors of Spell include Lightning, Anyscale and Weights & Biases. Here is the list of Top 10 competitors of Spell, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Lightning 2017, New York City (United States), Series C	Provider of low code AI application development software	$127M	NVentures, Coatue & 11 others	76/100
2nd	Anyscale 2019, San Francisco (United States), Acquired	Provider of an AI-based open source framework for building distributed applications	$281M	Andreessen Horowitz, Addition & 12 others	73/100
3rd	Weights & Biases 2017, San Francisco (United States), Acquired	Provider of machine learning model development and management solutions	$250M	Bond Capital, Felicis Ventures & 22 others	72/100
4th	DataRobot 2012, Boston (United States), Series G	Provider of an agent workforce platform for enterprise artificial intelligence	$1.05B	New Enterprise Associates, Sapphire Ventures ... & 77 others	71/100
5th	Factory 2023, San Francisco (United States), Series D	Developer of artificial intelligence solutions for industrial automation and optimization	$420M	Sequoia Capital, Khosla Ventures & 28 others	70/100
6th	Modular 2017, Mountain View (United States), Acquired	Developing next-generation AI development platform	$380M	Google Ventures, Usitfund & 7 others	69/100
7th	Kumo 2021, Mountain View (United States), Acquired	Provider of a SaaS-based platform for enterprises for analytics	$37M	Sequoia Capital, A.Capital Ventures & 16 others	69/100
8th	Abacus.AI 2019, San Francisco (United States), Series C	Provides AI based data models creation for data science	$90.3M	Tiger Global Management, Coatue & 22 others	66/100
9th	Graft 2021, San Francisco (United States), Acquired	Developer of an AI platform for enterprise knowledge management and search	$29M	Google Ventures, Radical Ventures & 5 others	66/100
10th	4Paradigm 2014, Beijing (China), Public	Provider of enterprise-level artificial intelligence solutions and machine learning platforms	$1.07B	Industrial and Commercial Bank of China, Hopu Investments ... & 40 others	65/100
50th	Spell 2017, New York City (United States), Acqui-Hired	Provider of a MLOps platform for deep learning applications	$15M	Graph Ventures, Ridgeline & 5 others	39/100