Aspinity
Techstars '17Morgantown, US · Founded 2018 · Delaware corporation · 20 employees on LinkedIn · 9 known investors
Aspinity designs analog processing chips that enable near-zero power AI systems using its AnalogML technology. The company serves developers building next-generation AI products that require ultra-efficient computing architectures.
Founders & leadership
Aspinity was founded in 2018 by Brandon Rumberg and Thomas Doyle.
BR
Brandon RumberginFounder and CTO
TD
Thomas DoyleCo-founder
RH
Richard HegberginCEO
TP
Thomas P. BeckleyNamed on SEC filing
Board
Investors · 9
Anzu PartnersBillericavia Jimmy Kan · board
Bantam GroupWestwood
Birchmere VenturesPittsburgh · $500K – $5M
New Stack VenturesChicago · $500K – $1.5M
Newlin VenturesAustin · $15K – $100K
Riverfront Ventures, LLCPittsburgh · $250K – $1M
TechstarsBoulder · $220K
Amazon Alexa FundreportedBeijing
Mountain State CapitalreportedMorgantown · $200K – $500K
Reported raises · per SEC filings
Form D private placements$26.7M disclosed across 5 rounds · 2018–2024
▶$2.6MraisedMay 2024 · 9 investors · Other TechnologyRule 506(b)
▶$2.6MraisedMay 2024 · 9 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Stephen DiFrancoDirector
- Jonathan BallonDirector
- Thomas P. BeckleyDirector
- Jimmy KanDirector
- Thomas DoyleDirector
- Richard HegbergExecutive Officer, Director, Promoter
- Offering amount
- $5M
- Amount sold
- $2.6M
- First sale
- May 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$10.9MraisedJul 2023 · 18 investors · Other TechnologyRule 506(b)
▶$10.9MraisedJul 2023 · 18 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Jonathan BallonDirector
- Thomas DoyleExecutive Officer, Director, Promoter
- Stephen DiFrancoDirector
- Thomas P. BeckleyDirector
- Jimmy KanDirector
- Offering amount
- $10.9M
- Amount sold
- $10.9M
- First sale
- Jul 2023
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
▶$5MraisedAug 2022 · 9 investors · Other TechnologyRule 506(b)
▶$5MraisedAug 2022 · 9 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Stephen DiFrancoDirector
- Brandon RumbergExecutive Officer, Promoter
- Jonathan BallonDirector
- Jimmy KanDirector
- Thomas P. BeckleyDirector
- Thomas DoyleExecutive Officer, Director, Promoter
- Offering amount
- $5.1M
- Amount sold
- $5M
- First sale
- Dec 2021
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
▶$5.1MraisedJun 2020 · 9 investors · Other TechnologyRule 506(b)
▶$5.1MraisedJun 2020 · 9 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Ned RenziDirector
- Thomas P. BeckleyDirector
- Thomas DoyleExecutive Officer, Director, Promoter
- Brandon RumbergExecutive Officer, Promoter
- David GrahamPromoter
- Jimmy KanDirector
- Offering amount
- $5.3M
- Amount sold
- $5.1M
- First sale
- Jun 2020
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
▶$3.1MraisedOct 2018 · 13 investors · Other TechnologyRule 506(b)
▶$3.1MraisedOct 2018 · 13 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Brandon RumbergExecutive Officer
- Thomas P. BeckleyDirector
- Thomas DoyleExecutive Officer, Director
- Ned RenziDirector
- Offering amount
- $3.8M
- Amount sold
- $3.1M
- First sale
- Oct 2018
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 3
by search overlap
Mythic AI10 shared keywordsMythic builds analog processing units based on compute-in-memory architecture designed to run AI workloads efficiently in real-world applications. The company develops semiconductor hardware combining analog compute and digital dataflow architectures for AI inference.
Netezza8 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
Elisity6 shared keywordsElisity provides an identity-based microsegmentation platform that turns existing network infrastructure (Cisco, Arista, Aruba, Juniper switches and Palo Alto firewalls) into policy enforcement points to discover devices and enforce least-privilege access without agents, new hardware, or re-IPing. It serves enterprises in manufacturing/industrial, healthcare, and commercial sectors to prevent lateral movement and meet compliance frameworks.
Companies competing with Aspinity for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Aspinity do?
- Aspinity designs analog processing chips that enable near-zero power AI systems using its AnalogML technology. The company serves developers building next-generation AI products that require ultra-efficient computing architectures.
- Who founded Aspinity?
- Aspinity was founded by Brandon Rumberg, Thomas Doyle in 2018.
- Who are Aspinity's investors?
- Aspinity's investors include Anzu Partners, Bantam Group, Birchmere Ventures, New Stack Ventures, Newlin Ventures, Riverfront Ventures, LLC, Techstars, Amazon Alexa Fund and 1 more.
- How much funding has Aspinity raised?
- Aspinity has disclosed $26.7M raised across 5 rounds.
- Where is Aspinity headquartered?
- Aspinity is headquartered in Morgantown, US.