Competitive Intelligence | February 2026

Spyne.ai — Company Intelligence Report

Empowering automotive dealers with AI-powered visual merchandising and automated inventory imaging solutions.

Annual Revenue ~$18.4M ARR
Headcount ~380 Employees
Total Funding $23.1M
HQ Location Jersey City, NJ

Company Overview

Founded in 2018, Spyne.ai acts as the "invisible engine" behind automotive digital operations. By leveraging advanced AI, they enable dealerships to transform smartphone photos into studio-quality marketing assets instantly.

  • Industry: AI SaaS — Automotive Visual Merchandising
  • Execution: Operationally based in Gurgaon, India; scaling US operations.
  • Focus: Drastic reduction in Time-to-Market for car inventory.

Funding History

Series A | Feb 2025

$16.0M

Vertex Holdings, Alteria Capital, Accel, Storm Ventures

Series A | April 2022

$7.0M

Accel, Storm Ventures, Smile Group, Pentathlon

Early Rounds | 2019-2020

Undisclosed Seed rounds led by Smile Group and AngelList.

Core Platform Ecosystem

Studio AI

Automated image processing that turns standard smartphone photos into professional studio shots with consistent backgrounds.

Vini AI

24/7 lead engagement bot designed specifically for car buyer intent and dealership service conversion.

360° Walkarounds

Immersive interactive video and spin technology allowing customers to inspect vehicles from any angle remotely.

Technology Stack

Infrastructure & Cloud

  • AWS
  • Cloudflare
  • New Relic

Marketing & Data

  • HubSpot
  • Google Analytics
  • Mixpanel
  • Hotjar
  • GTM

Development

  • Bootstrap
  • Android SDK
  • Office 365

Executive Leadership

Saroj Kumar Sahoo
Co-Founder & CEO


Shashank Shalabh
Co-Founder & CTO


Yash Goyal
VP Engineering

Nilesh Patel
VP Sales


Mrigank Ramen
Head of Product


Prachi Jain
Head of Marketing

Hiring Signals

Spyne is currently exhibiting aggressive hiring patterns following their February 2025 Series A. Primary focus areas include:

  • US-based Sales & GTM teams
  • Advanced AI/Computer Vision Engineering
  • Product Management for Vini AI expansion

Competitive Context

Operating in a niche but high-growth sector, Spyne faces competition from firms like Impel and Carvaz, but differentiates through its all-in-one visual suite. Their recent $16M inflow positions them to absorb market share in the US mid-market dealership segment.

Frequently Asked Questions

What is Spyne.ai's primary value proposition?

Spyne helps car dealerships reduce the time vehicles sit on the lot by automating the creation of high-quality, studio-grade visual assets using only a smartphone.

Where is the company currently expanding?

While headquartered in NJ and maintaining large operations in India, the current focus is scaling aggressively into the United States market following a fresh $16M Series A round.

Who are the lead investors in Spyne.ai?

Major investors include Vertex Holdings, Accel, Storm Ventures, Alteria Capital, and Smile Group.