# Allspice

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/allspice

- Industry: Software
- Headquarters: Boston, US
- Website: www.allspice.io
- Total disclosed funding: $25M
- Latest round: Series A (Jun 23, 2025)
- Investors on record: 8

## About

Based in New Hampshire, US, and founded in 2020, Allspice, Inc. also known as AllSpice.io, operates as a hardware collaboration platform that helps hardware engineers manage their designs and collaborate with their teams. The company was founded by its CEO, Valentina Ratner, and Kyle Dumont. In June 2025, Allspice, Inc. raised USD 15 million in series A funding led by new investor Rethink Capital Partners, with participation from other new investors L'ATTITUDE Ventures, GingerBread Capital, and DNX Ventures. AllSpice.io provides a hardware collaboration platform, which is a git platform that allows hardware engineers to track their designs, BOMs, symbol libraries, cable drawings, and assembly instructions, which helps hardware engineers collaborate with their teams on their designs. The platform offers multiple features, such as design reviews, including visualizing and sharing design drawings in the cloud; project management that allows users to add projects in folders; project workflow management, which allows users to customize their workflow, including tracking feature requests, design specifications, bug fixes; API automation; email notifications; Webhook integrations; and many more. The company generates revenue by offering its services on a subscription-based pricing plan. The plans include team (USD 64) and enterprise (USD 125). The company will use the June 2025 funding to expand its team and support the development of its product offerings.

## Funding rounds

- Series A, Jun 23, 2025, $15M — Flybridge Capital Partners, Rethink Capital Partners, DNX Ventures, Root Ventures, GingerBread Capital, L'ATTITUDE Ventures, Benchstrength
- Seed, Jun 30, 2023, $6M — Flybridge Capital Partners, Root Ventures, Bowery Capital, Benchstrength
- Seed, Nov 24, 2021, $3.8M — Flybridge Capital Partners, Root Ventures, Bowery Capital

## Investors

- Flybridge Capital Partners (https://capitalatlas.ai/funds/flybridge-capital-partners) — Seed, Series A
- Root Ventures (https://capitalatlas.ai/funds/root-ventures) — Seed, Series A
- Bowery Capital (https://capitalatlas.ai/funds/bowery-capital) — Seed
- Benchstrength (https://capitalatlas.ai/funds/benchstrength) — Seed, Series A
- Rethink Capital Partners (https://capitalatlas.ai/funds/rethink-capital-partners) — Series A
- DNX Ventures (https://capitalatlas.ai/funds/dnx-ventures) — Series A
- GingerBread Capital (https://capitalatlas.ai/funds/gingerbread-capital) — Series A
- L'ATTITUDE Ventures (https://capitalatlas.ai/funds/l-attitude-ventures) — Series A