Allspice

Investor type

VC

Founded

2019

AUM

$25 M

Location

Boston, Massachusetts, United States

$10-50 m

Investment Ticket

3-5 years

Investment Horizon

Pre-seed, Seed

Investment Stage

Sale to strategic investor, Market Expansion, Trade buyers, Strategic acquisition, Sale to PE investor

Exit Strategy

Investor profile last updated: 27 July, 2026

Profile

AllSpice is the collaboration platform for modern hardware teams.

We bring software-style workflows to electronics development, so schematics, reviews, and decisions are easy to share, track, and scale.

DRCY is our AI design review agent. It runs automated, auditable first-pass checks directly inside your existing review flow. DRCY catches real issues early, when fixes are fast and inexpensive, and frees engineers to focus on design intent, trade-offs, and decisions that matter.

Together, AllSpice and DRCY make hardware development repeatable, traceable, and resilient.
No heroics. No late surprises. Just better designs moving forward with confidence.

Catch issues early.
Build with confidence.

Industry

Business Services (B2B) Hardware SaaS Security Software AI Infrastructure Robotics Machine Learning (ML) Consumer Services (B2C)

Region of investment

North America

Allspice Funds

Name Type
Questionare
Industry
Questionare
Stage
Questionare
Region
Size AUM Launch date
AllSpice Seed Round I
Venture Capital (VC)
Business Services (B2B)
Robotics
SaaS
Security
Software
Infrastructure
Machine Learning (ML)
Pre-seed
Seed
North America
$5-10 m
$2 M
July 2021
AllSpice Seed Round II
Venture Capital (VC)
Business Services (B2B)
Consumer Services (B2C)
Hardware
Robotics
SaaS
Security
Software
Pre-seed
Seed
North America
$5-10 m
$3 M
December 2021
AllSpice Seed Round III
Venture Capital (VC)
Consumer Services (B2C)
Robotics
SaaS
Security
Software
Pre-seed
Seed
North America
$5-10 m
$6 M
July 2023

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FAQs about Allspice

Allspice is located in Boston, Massachusetts, United States.
Allspice was founded in 2019.
Allspice invests in companies and startups in Business Services (B2B), Hardware, SaaS, Security, Software, AI, Infrastructure, Robotics, Machine Learning (ML), Consumer Services (B2C).
Allspice invests in companies and startups in North America.
Allspice invests in companies and startups at Pre-seed, Seed.
Allspice usually invests $10-50 m on average.
Allspice has around $25m assets under management.
Allspice last fund was created/launched in 2023-07-14