The Venture Codex Logo

The Venture Codex

AllSpice.io

444 Somerville Ave, Somerville, MA, 02143, United States

Overview

AllSpice provides a collaboration layer for electrical hardware teams, enabling engineers to comment on PCB and electronic CAD files and tie work into existing CAD, PLM, and workflow tools. The product was built to sit between—not replace—teams’ integral tools and act as a centralized home base for electronics teams. Founders Valentina Ratner (CEO) and Kyle Dumont (CTO) drew on prior experience at Amazon and iRobot and launched the first version of the product in 2022 focused on small businesses. The company later pivoted toward enterprise demand and has landed customers including Blue Origin, Bose, and Tools for Humanity. AllSpice is rolling out an AI agent in closed beta to validate designs and catch engineering mistakes, emphasizing accuracy before broader release. The startup raised a $15 million Series A and plans to use the capital for hiring and further product development. AllSpice provides a git-like platform and collaboration tools specifically for hardware development, including component library management, CAD file support, CI/CD "Actions," and supply‑chain component availability aggregation. The company shifted its go-to-market toward enterprise customers while retaining strong organic growth from individual engineers who introduce the tool inside larger organizations. Over the past year AllSpice’s user base and revenue each grew 10x, with most growth coming from individual accounts and high engagement (over 100 interactions per week per user; top cohorts spend about 37 hours a month). Typical adoption patterns show one engineer adopting the tool leading to hundreds of coworkers using it within four to six months. Founders Valentina Ratner and Kyle Dumont plan to invest in product development, customer acquisition, and team growth in go-to-market and engineering. The company is rolling out Actions more broadly in early 2024 to expand automation and stakeholder workflows. AllSpice builds a developer-focused collaboration platform for hardware teams, positioning itself as a 'GitHub for hardware' that centralizes revisions, reviews, and releases. The tool is compatible with software version-control platforms like GitHub, GitLab and Bitbucket and aims to serve as a home base for engineering-driven project management. AllSpice plans to expand integrations with additional CAD tools to appeal to a wide range of companies and make hardware workflows more digital and asynchronous. The company emphasizes a developer-first, product-led approach and intends to use new capital to hire engineering and marketing staff focused on continuous integration and continuous delivery. Operational traction from its private beta included hundreds of user comments, over 30 projects, and hundreds of project repositories created. Financially, AllSpice raised a 2020 pre-seed and recently closed a $3.2 million seed round, bringing total funding to $3.8 million.

Total raised
$24M
Funding rounds
3
Latest round
Series A
Latest activity
Jun 2025

Industries

  • Collaboration
  • Software
Visit website

Recent funding

  1. Series A

    Jun 2025

    $15M

  2. Equity

    Dec 2023

    $6M

  3. Seed

    Jan 2022

    $3M

Team