# Gainspeed

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

- Industry: Telecoms
- Headquarters: Sunnyvale, US
- Website: www.gainspeed.com
- Total disclosed funding: $48M
- Latest round: Series C (Dec 23, 2014)
- Investors on record: 4

## About

Gainspeed, Inc. is a technology company focused on delivering advanced software solutions and data analytics services, primarily for healthcare, finance, and manufacturing industries, enhancing operational efficiency and data-driven decision-making.Founded in 2012 in Sunnyvale, US, Gainspeed, Inc. provides innovative software solutions designed to meet specific industry needs. The company underwent a significant change when it was acquired by Nokia in June 2016, marking a strategic pivot in its operations. Gainspeed has successfully completed 5 deals to date, with its latest funding round being a Series C in which it raised USD 15.00 mn from New Enterprise Associates, bringing the total amount raised to USD 15.00 mn and a current valuation of USD 156.246 mn.Gainspeed specializes in providing technology solutions that include a comprehensive software platform designed to streamline workflow processes and enhance operational efficiency. The platform offers real-time data insights aimed at addressing common business challenges such as data silos and inefficient resource management. Targeting sectors like healthcare, finance, and manufacturing, Gainspeed serves a diverse client base across North America and Europe, providing tailored solutions that improve productivity and decision-making for both large corporations and small to medium-sized enterprises.Gainspeed generates revenue through a subscription-based model, allowing clients to access its software platform and services on a recurring basis. The pricing structure includes various tiers accommodating different operational scales and feature requirements. Additionally, revenue is bolstered by strategic partnerships with industry leaders, facilitating collaborative ventures that enhance product offerings and expand market reach. Each client agreement includes structured service levels and renewal conditions, ensuring long-term customer satisfaction and engagement.Gainspeed is focused on launching upcoming products aimed at further enhancing its software capabilities, although specific release dates are not disclosed. The company plans to expand its market presence into new geographic regions, specifically targeting additional markets in Europe and Asia by 2025. The recent funding from the Series C round will support these initiatives, enabling Gainspeed to allocate resources towards product development and market expansion efforts.

## Funding rounds

- Series C, Dec 23, 2014, $15M — New Enterprise Associates
- Series B, Oct 21, 2013, $10M — New Enterprise Associates, Shasta Ventures, Andreessen Horowitz, Juniper Ventures
- Series A, Jan 14, 2013, $23M — Shasta Ventures

## Investors

- Shasta Ventures (https://capitalatlas.ai/funds/shasta-ventures) — Series A, Series B
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series B, Series C
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series B
- Juniper Ventures — Series B