COMPANY PROFILE

Spice AI

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Creating technology to make artificial intelligence and machine learning more accessible to developers

Seattle, United StatesFounded 2021AI

Valuation $0–100M Latest valuation · 2022

Revenue $1–10M Latest reported FY

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About Spice AI

Spice.ai is a forward-thinking startup focused on simplifying the development of intelligent applications that leverage artificial intelligence (AI). The company operates in the technology and software development market, specifically targeting developers who are looking to integrate AI into their applications with ease. Spice.ai's mission is to make building AI-powered apps as straightforward as creating a modern web page, thereby democratizing access to advanced AI technologies.

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The primary clients of Spice.ai are developers, ranging from individual programmers to large development teams within tech companies. These clients benefit from Spice.ai's powerful and user-friendly AI tools, which are designed to streamline the process of incorporating AI into their projects. By making AI more accessible, Spice.ai aims to improve the quality of life through enhanced technological solutions.

Spice.ai operates on a business model that includes both open-source and proprietary elements. The company offers an open-source project that developers can freely use and contribute to, fostering a community-driven approach to innovation. Additionally, Spice.ai is developing a proprietary platform called Spice Cloud, which is currently in private preview. This platform is expected to generate revenue through subscription fees or usage-based pricing, providing advanced features and support to its users.

The company makes money by offering premium services and tools that enhance the capabilities of its open-source offerings. By providing a robust and scalable cloud platform, Spice.ai can cater to the needs of developers who require more advanced functionalities and dedicated support.

In summary, Spice.ai is revolutionizing the way developers build AI-powered applications by making the process more accessible and efficient. The company serves a diverse range of developers and operates in the competitive tech and software development market. Its business model combines open-source community engagement with a revenue-generating cloud platform.

Source: Dealroom company data

At a glance

Status: Operational
Founded: 2021
Headquarters: Seattle, United States
Employees: 17
Open positions: None listed
Dealroom signal: 62.1/100
Industry: Enterprise Software
Sector: AI, Core AI, Spinout, MLops, AI Model Training and Development
Technology: Artificial Intelligence, IoT InternetOfThings
Business model: SaaS
Client focus: b2b
Links: Website LinkedIn X

Latest news

Press, funding announcements and product moves mentioning Spice AI.

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Funding history

4 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
OtherOther financing	Jan 2024	$0	—	Utiliti	↗
SEED✓Equity / VC	Sep 2022	$14M	$54M	Picus Capital · Basis Set Ventures · Logos Fund · Alumni Ventures	↗

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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

Year	Revenue	Growth
2026
2025
2024
2023
2022		—

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Growth signals

Spice AI website traffic

Latest recorded traffic for Spice AI is 480 monthly website visits, up 37.1% over the last three months. Spice AI's team declined 19% over the past year.

Latest monthly visits480 3-month web change+37.1% 1-year team growth-19%

Monthly website visitsOct 2022–Nov 2025

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