# Asimily funding: rounds and investors

> Asimily has raised $5.0M across 1 round since 2022. Investors include Plug and Play, Ridge Ventures and Ring Capital. Every round with its source.

Source: https://millionrounds.com/company/asimily (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Asimily*

One round we have observed, with the 4 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI

Funding summary Updated 26 Oct 2026

**$5.0M** raised across 1 round since 2022, from 1 source

- **Latest round:** Venture, $5.0M Jun 2022
- **Investors:** 4

See who backed them

## The rounds

- **Jun 2022** Venture **$5.0M** [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Ridge Ventures](https://millionrounds.com/fund/ridge-ventures) [Ring Capital](https://millionrounds.com/fund/ring) [Engineering Capital](https://millionrounds.com/fund/engineering-capital) Source recorded

## Founders and team

From Asimily's own website and the SEC filings it signed: 1 founder, 4 on the team.

**Shankar Somasundaram** Founder & CEO *Named on its 2021 Form D*

- **Hithesh Nama** Chief Architect
- **Bob Bayliss** Head of Customer Success
- **Kenan Frager** VP, Marketing
- **Hank Barry** Executive Officer i

On the board, as filed i *Brendan Baker* *John Dougery* *Michael Brown*

## Everyone who backed them

[Plug and Play](https://millionrounds.com/fund/plug-and-play) Accelerator **1** round

[Ridge Ventures](https://millionrounds.com/fund/ridge-ventures) VC firm **1** round

[Ring Capital](https://millionrounds.com/fund/ring) VC firm **1** round

[Engineering Capital](https://millionrounds.com/fund/engineering-capital) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=asimily).

## Also claim to have backed them

This firm lists Asimily as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[MemorialCare Innovation Fund](https://millionrounds.com/fund/memorialcare-innovation-fund) Corporate VC Per its own site

## Quick answers about Asimily

### Who invested in Asimily?

Asimily's investors include Plug and Play, Ridge Ventures, Ring Capital and Engineering Capital.

### How much has Asimily raised?

Asimily has raised $5.0M across 1 round since 2022.

### When did Asimily last raise?

Asimily's most recent round was a Venture of $5.0M in Jun 2022.

### What was Asimily's biggest round?

Its most recent round, $5.0M in Jun 2022, is also its largest on record.

### Who backed Asimily first?

Asimily's first round on record, in Jun 2022, was backed by Plug and Play, Ridge Ventures and Ring Capital and 1 others.

### What stage is Asimily at?

Asimily's latest named round is a Venture, in Jun 2022.

### Where is Asimily based?

Asimily is based in the United States.

## Companies like Asimily

In the same sector, and raised in the last eighteen months.

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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