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CleanSpark Reports Record-Breaking FY 2024 Results: Outpacing Halving and Difficulty

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2 years ago

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Revenue grows 125% year over year 

Current hashrate surpasses 33.5 EH/s on track for 37 EH/s

LAS VEGAS, Dec. 2, 2024 /PRNewswire/ — CleanSpark, Inc. (Nasdaq: CLSK) (the “Company”), America’s Bitcoin Miner®, today reported financial results for the fiscal year ended September 30, 2024.

“Our performance this year reflects a sustained growth trajectory, solidifying our position as one of the top Bitcoin miners in the world, as we move into an anticipated new bull market,” said CleanSpark CEO Zach Bradford. “Reflecting on the past year, our results in FY 2024 and the positioning of the company going into 2025 demonstrated the wisdom of our counter-cyclical growth and capital allocation strategy. We produce durable, high performing growth and have been since our earliest days in Bitcoin mining,” Bradford said. “CleanSpark has prioritized owned infrastructure as its core foundation, putting us in the best position to optimize our portfolio of data centers to drive ROI to our shareholders as we continue to rapidly deploy additional hashrate on our path to 37 EH by year-end and 50 EH and beyond in 2025.”  

“We anticipated that there would be prime opportunities for M&A paired with organic growth, and over the past year we capitalized by adding 423 MWs to our operating portfolio bringing us to 726 MW, as of today. As we continue focusing on scale in FY 2025 and beyond, we will develop the remaining hundreds of MW in the near-term pipeline while always staying opportunistic,” said Bradford.

“The team produced our strongest year of financial performance to date, solidifying a track record of effective execution and keeping commitments to shareholders. This fiscal year included the fourth halving event in Bitcoin‘s history, and our organizational commitment to operational excellence has allowed us to weather it more successfully than many of our industry peers,” said CleanSpark CFO Gary Vecchiarelli. “Even with the halving event impacting block rewards and a significant increase in difficulty, our production outpaced both, yielding approximately 7,100 BTC thanks to our growth in hashrate and the efficiency improvements to our fleet.

“CleanSpark’s financial strength continued to grow in fiscal 2024,” said Vecchiarelli. “Heading into 2025, we have significant scale and size, a healthy balance sheet, industry leading operations and a strong liquidity position, and we are well positioned to pursue diverse capital raising strategies,” Vecchiarelli said.

Financial Highlights: Full Fiscal Year 2024

Financial Results for the Fiscal Year Ended September 30, 2024.

The Company’s annual revenues were $378.9 million, an increase of $210.5 million, or 125%, from $168.4 million for the prior fiscal year.Net loss for the year ended September 30, 2024, was ($145.8) million or ($0.69) basic loss per share compared to a net loss of ($138.1) million or ($1.30) loss per share for the prior fiscal year.Adjusted EBITDA was $245.8 million, an increase of $220.8 million from $25.0 million for the prior fiscal year. 1

Balance Sheet Highlights as of September 30, 2024

Assets

Cash: $122.2 millionBitcoin: $509.5 million (includes bitcoin receivable of $77.8 million posted as collateral), based upon 8,049 bitcoin at a price of $63,301 at September 30, 2024Total Current Assets: $705.4 millionTotal Mining Assets (including prepaid deposits & deployed miners): $902.0 millionTotal Assets: $2.0 billion

Liabilities and Stockholders’ Equity

Current Liabilities: $187.9 millionTotal Liabilities: $201.8 millionTotal Stockholders’ Equity: $1.8 billion

The Company had working capital of $517.5 million and $66.0 million of loans payable as of September 30, 2024.

1 See “Non-GAAP Measure” and the related reconciliation below

Investor Conference Call and Webcast

The Company will hold its fiscal year 2024 earnings presentation and business update for investors and analysts today, December 2, 2024, at 1:30 p.m. PT / 4:30 p.m. ET.

Webcast URL: https://investors.cleanspark.com   

The webcast will be accessible for at least 30 days on the Company’s website and a transcript of the call will be available on the Company’s website following the call.

About CleanSpark

CleanSpark (Nasdaq: CLSK), America’s Bitcoin Miner®, is a market-leading, pure play bitcoin miner with a proven track record of success. We own and operate a portfolio of mining facilities across the United States powered by globally competitive energy prices. Sitting at the intersection of Bitcoin, energy, operational excellence and capital stewardship, we optimize our mining facilities to deliver superior returns to our shareholders. Monetizing low-cost, high reliability energy by securing the most important finite, global asset – Bitcoin – positions us to prosper in an ever-changing world.

 Visit our website at www.cleanspark.com. 

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In this press release, forward-looking statements include, but may not be limited to, statements regarding the Company’s expectations, beliefs, plans, intentions, and strategies. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “forecasts,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions. The forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: the risk that the electrical power available to our facilities does not increase as expected; the success of its digital currency mining activities; the volatile and unpredictable cycles in the emerging and evolving industries in which we operate, including the volatility of BTC prices; increasing difficulty rates for bitcoin mining; bitcoin halving; new or additional governmental regulation; the anticipated delivery dates of new miners; the Company’s ability to successfully completed acquisitions, including integration risks relating to completed and potential acquisitions, the ability to successfully deploy new miners; the dependency on utility rate structures and government incentive programs; dependency on third-party power providers for expansion efforts; the expectations of future revenue growth may not be realized; and other risks described in the Company’s prior press releases and in its filings with the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in those filings. Forward-looking statements contained herein are made only as to the date of this press release, and we assume no obligation to update or revise any forward-looking statements as a result of any new information, changed circumstances or future events or otherwise, except as required by applicable law.

Non-GAAP Measure

The Company presents adjusted EBITDA, which is not a measurement of financial performance under generally accepted accounting principles in the United States(“GAAP”). The Company’s non-GAAP “Adjusted EBITDA” excludes (i) impacts of interest, taxes, and depreciation; (ii) the Company’s share-based compensation expense, unrealized gains/losses on securities, and, changes in the fair value of contingent consideration with respect to previously completed acquisitions,  all of which are non-cash items that the Company believes are not reflective of the Company’s general business performance, and for which the accounting requires management judgment, and the resulting expenses could vary significantly in comparison to other companies; (iii) non-cash impairment losses related to long-lived assets (including goodwill); (iv) realized gains and losses on sales of equity securities, the amounts of which are directly related to the unrealized gains and losses that are also excluded; (v) legal fees related to litigation and various transactions, which fees management does not believe are reflective of the Company’s ongoing operating activities; (vi) gains and losses on disposal of assets, the majority of which are related to obsolete or unrepairable machines that are no longer deployed;  (vii) gains and losses related to discontinued operations that would not be applicable to the Company’s future business activities; and (viii) severance expenses. The Company previously excluded non-cash impairment losses related to digital assets and realized gains and losses on sales of bitcoin from its calculation of adjusted EBITDA, but has determined such items are part of the Company’s normal ongoing operations and will no longer be excluding them from its calculation of adjusted EBITDA.

Management believes that providing this non-GAAP financial measure that excludes these items allows for meaningful comparisons between the Company’s core business operating results and those of other companies, and provides the Company with an important tool for financial and operational decision making and for evaluating its own core business operating results over different periods of time. In addition to management’s internal use of non-GAAP adjusted EBITDA, management believes that adjusted EBITDA is also useful to investors and analysts in comparing the Company’s performance across reporting periods on a consistent basis.  Management believes the foregoing to be the case even though some of the excluded items involve cash outlays and some of them recur on a regular basis (although management does not believe any of such items are normal operating expenses necessary to generate the Company’s bitcoin related revenues).  For example, the Company expects that share-based compensation expense, which is excluded from adjusted EBITDA, will continue to be a significant recurring expense over the coming years and is an important part of the compensation provided to certain employees, officers, and directors. Additionally, management does not consider any of the excluded items to be expenses necessary to generate the Company’s bitcoin related revenue.

The Company’s adjusted EBITDA measure may not be directly comparable to similar measures  provided by other companies in our industry, as other companies in the Company’s industry may calculate non-GAAP financial results differently. The Company’s adjusted EBITDA is not a measurement of financial performance under GAAP and should not be considered as an alternative to operating (loss) income or any other measure of performance derived in accordance with GAAP. Although management utilizes internally and presents adjusted EBITDA, the Company only utilizes that measure supplementally and does not consider it to be a substitute for, or superior to, the information provided by GAAP financial results.

Accordingly, adjusted EBITDA is not meant to be considered in isolation of, and should be read in conjunction with, the information contained in the Company’s consolidated financial statements, which have been prepared in accordance with GAAP.

CLEANSPARK, INC.

CONSOLIDATED BALANCE SHEETS

(in thousands, except par value and share amounts)

 

September 30,
2024

September 30,
2023

ASSETS

Current assets

Cash and cash equivalents

$

121,222

$

29,215

Restricted cash

3,056

—

Receivable for equity offerings

—

9,590

Prepaid expense and other current assets

7,995

3,258

Bitcoin (See Note 2 and Note 6)

431,661

56,241

Receivable for bitcoin collateral (See Note 2 and Note 12)

77,827

—

Note receivable from GRIID (see Note 7)

60,919

—

Derivative investments

1,832

2,697

Investment in debt security, AFS, at fair value

918

726

Current assets held for sale

—

445

Total current assets

$

705,430

$

102,172

Property and equipment, net

$

869,693

$

564,395

Operating lease right of use asset

3,263

688

Intangible assets, net

3,040

4,603

Deposits on miners and mining equipment

359,862

75,959

Other long-term asset

13,331

5,718

Goodwill

8,043

8,043

Total assets

$

1,962,662

$

761,578

LIABILITIES AND STOCKHOLDERS’ EQUITY

Current liabilities

Accounts payable

$

82,992

$

39,900

Accrued liabilities

43,874

25,677

Other current liabilities

2,240

311

Current portion of loans payable

58,781

6,992

Current liabilities held for sale

—

1,175

Total current liabilities

$

187,887

$

74,055

Long-term liabilities

Operating lease liability, net of current portion

997

519

Finance lease liability, net of current portion

—

9

Loans payable, net of current portion

7,176

8,911

Deferred income taxes

5,761

2,416

Total liabilities

$

201,821

$

85,910

Commitments and contingencies – Note 18

 

CLEANSPARK, INC.

CONSOLIDATED BALANCE SHEETS (continued)

(in thousands, except par value and share amounts)

 

September 30,
2024

September 30,
2023

Stockholders’ equity

Preferred stock; $0.001 par value; 10,000,000 shares authorized;
    Series A shares; 2,000,000 authorized; 1,750,000 issued and outstanding
        (liquidation preference $0.02 per share)
    Series X shares; 1,000,000 and 0 authorized, issued and outstanding,
        respectively

3

2

Common stock; $0.001 par value; 300,000,000 shares authorized; 270,897,784
and 160,184,921 shares issued and outstanding, respectively

271

160

Additional paid-in capital

2,239,367

1,009,482

Accumulated other comprehensive income

418

226

Accumulated deficit

(479,218)

(334,202)

Total stockholders’ equity

1,760,841

675,668

Total liabilities and stockholders’ equity

$

1,962,662

$

761,578

 

The accompanying notes are an integral part of these consolidated financial statements.

 

CLEANSPARK, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

 (in thousands, except per share and share amounts)

 

For the year ended

September 30,
2024

September 30,
2023

September 30,
2022

Revenues, net

Bitcoin mining revenue, net

$

378,968

$

168,121

$

131,000

Other services revenue

—

287

525

Total revenues, net

$

378,968

$

168,408

$

131,525

Costs and expenses

Cost of revenues (exclusive of depreciation and amortization shown below)

165,516

93,580

41,234

Professional fees

13,806

10,869

6,469

Payroll expenses

74,095

45,714

40,920

General and administrative expenses

30,185

20,823

10,423

Loss on disposal of assets

5,466

1,931

(643)

Gain on fair value of bitcoin, net (see Note 2 and Note 6)

(113,423)

—

—

Other impairment expense (related to bitcoin)

—

7,163

12,210

Impairment expense – fixed assets

197,041

—

—

Impairment expense – other

716

—

250

Impairment expense – goodwill

—

—

12,048

Realized gain on sale of bitcoin

—

(1,357)

(2,567)

Depreciation and amortization

154,609

120,728

49,045

Total costs and expenses

$

528,011

$

299,451

$

169,389

Loss from operations

$

(149,043)

$

(131,043)

$

(37,864)

Other income (expense)

Other income

—

11

308

Change in fair value of contingent consideration

—

2,484

306

Recognized gain on bitcoin collateral returned

91

—

—

Change in fair value of bitcoin collateral

1,384

—

—

Realized gain on sale of equity security

—

—

1

Unrealized loss on equity security

—

—

(2)

Unrealized loss on derivative security

(965)

(259)

(1,950)

Interest income

8,555

481

190

Interest expense

(2,455)

(2,977)

(1,078)

Total other income (expense)

$

6,610

$

(260)

$

(2,225)

Loss before income tax expense

(142,433)

(131,303)

(40,089)

Income tax expense

3,344

2,416

—

Loss from continuing operations

$

(145,777)

$

(133,719)

$

(40,089)

Discontinued operations

Loss from discontinued operations

$

—

$

(4,429)

$

(17,237)

Income tax expense

—

—

—

Loss on discontinued operations

$

—

$

(4,429)

$

(17,237)

Net loss

$

(145,777)

$

(138,148)

$

(57,326)

Preferred stock dividends

3,422

—

336

Net loss attributable to common shareholders

$

(149,199)

$

(138,148)

$

(57,662)

Other comprehensive income, net of tax

192

116

115

Total comprehensive loss attributable to common shareholders

$

(149,007)

$

(138,032)

$

(57,547)

 

CLEANSPARK, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (continued)

 (in thousands, except per share and share amounts)

 

For the year ended

September 30,
2024

September 30,
2023

September 30,
2022

Loss from continuing operations per common share – basic

$

(0.69)

$

(1.30)

$

(0.95)

Weighted average common shares outstanding – basic

216,860,819

102,707,509

42,614,197

Loss from continuing operations per common share – diluted

$

(0.69)

$

(1.30)

$

(0.95)

Weighted average common shares outstanding – diluted

216,860,819

102,707,509

42,614,197

Loss on discontinued operations per common share – basic

$

–

$

(0.04)

$

(0.40)

Weighted average common shares outstanding – basic

216,860,819

102,707,509

42,614,197

Loss on discontinued operations per common share – diluted

$

–

$

(0.04)

$

(0.40)

Weighted average common shares outstanding – diluted

216,860,819

102,707,509

42,614,197

 

CLEANSPARK, INC.

RECONCILIATION OF ADJUSTED EBITDA

 (Unaudited, in thousands)

For the Year Ended September 30,

2024

2023

Net income (loss)

$

(145,777)

$

(138,148)

Adjustments:

Loss on discontinued operations

—

4,429

Impairment expense – fixed assets

197,041

—

Impairment expense – other

716

—

Depreciation and amortization

154,609

120,728

Share-based compensation expense

29,555

24,142

Other income

—

(11)

Change in fair value of contingent consideration

—

(2,484)

Unrealized loss (gain) of derivative security

965

259

Interest income

(8,555)

(481)

Interest expense

2,455

2,977

  Loss on disposal of assets

5,466

1,931

  Income tax expense

3,344

2,416

  Fees related to financing & business development transactions

4,059

697

  Litigation & settlement related expenses

1,970

7,872

  Severance and other expenses

—

701

    Total Adjusted EBITDA

$

245,848

$

25,028

Investor Relations Contact 
Brittany Moore
702-989-7693
ir@cleanspark.com 

Media Contact
Eleni Stylianou
702-989-7694
pr@cleanspark.com

 

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SOURCE CleanSpark, Inc.

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Epson to Showcase Collaborative 6-Axis Robot and Integrated Automation Solutions at The ASSEMBLY Show 2026

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59 minutes ago

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October 21, 2026

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AX6 Cobot and Live Demonstrations Highlight Epson’s Expanding Automation Portfolio

LOS ALAMITOS, Calif., Oct. 21, 2026 /PRNewswire/ — Epson Robots, the #1 SCARA robot manufacturer in the world, will showcase its expanding automation portfolio, including its first collaborative robot, the AX6, at The ASSEMBLY Show 2026, taking place in Rosemont, Illinois from Oct. 27-29, 2026, in booth #331.

Epson to Showcase AX6 Cobot and Integrated Automation Solutions with Live Demos at The ASSEMBLY Show 2026

“Every automation application has different safety requirements, and there is no one-size-fits-all approach,” said Scott Marsic, group product manager, Epson Robots. “With the AX6 and SafeSenseTM technology, Epson is giving manufacturers more options to select the right solution for their requirements. At The ASSEMBLY Show, we look forward to demonstrating how these offerings complement our broader robotics portfolio and help manufacturers address a wide range of automation needs.”

With Epson’s latest automation technologies, attendees can experience live demonstrations showcasing integrated robotics, vision, and feeding solutions. The live applications will highlight practical, cost-effective solutions for real-world production environments. An educational speaking session will also focus on selecting the right automation approach for each application. Epson highlights at The ASSEMBLY Show 2026 will include:

Speaking Engagement”Automation Isn’t the Answer. Choosing the Right Automation Is.” – Marsic will outline a practical framework for choosing the right automation strategy, from evaluating opportunities and avoiding application creep to balancing critical design considerations such as safety, robot geometry, workcell design and flexibility. The session will focus on solving the right business problem to create automation systems that are easier to implement, scale and maintain while delivering stronger productivity, reliability and long-term ROI. The session will take place Wednesday, October 28 from 2 – 2:30 p.m. at the Learning Theater.AX6 Collaborative 6-Axis Robot – See Epson’s first collaborative robot in action, featuring a lightweight, compact footprint and intuitive no-code software designed to simplify programming and deployment. Power- and force-limiting capabilities and flexible end-of-arm options support collaborative applications where space, ease of use and fast redeployment are priorities.SafeSense Interactive Demo – Experience a hands-on demonstration of Epson’s SafeSense technology, which uses sensors to detect when a person enters the robot’s workspace, supporting safe human-robot interaction while maintaining high-performance automation.IntelliFlexTM Feeding System – See live demonstrations featuring Epson’s latest SCARA and 6-Axis robots integrated with IntelliFlex Feeding Systems for automated part handling and assembly applications.Epson RC+® Development Software – Explore Epson’s PC-based environment with intuitive GUI Builder for custom interfaces along with integrated vision and IntelliFlex capabilities. Developed and supported by Epson, the software is designed to simplify automation development and deployment.

The ASSEMBLY Show 2026 will take place on Oct. 27 from 4 p.m. to 7 p.m. CDT, Oct. 28 from 10 a.m. to 5 p.m. CDT and Oct. 29 from 9 a.m. to 2 p.m. CDT at the Donald E. Stephens Convention Center in Rosemont, Illinois. To learn more about Epson robot solutions at the show, stop by booth #331 or visit www.epsonrobots.com to contact a robot expert.

About Epson Robots

Epson Robots is a global leader in PC-controlled precision factory automation, with well over 250,000 units sold worldwide1 and a product line of hundreds of models of easy-to-use SCARA and 6-Axis robots based on a common PC-based platform. Building on four decades of experience, Epson Robots delivers robots for precision assembly and material handling applications in the aerospace, appliance, automotive, biotechnology, consumer product, electronics, food processing, medical device, pharmaceutical, plastics, semiconductor, and telecommunication industries. For more information, visit www.epsonrobots.com.

About Epson

Epson is a technology innovation and engineering company whose philosophy of efficient, compact and precise innovation enriches lives and helps create a better world. The company uses technology and engineering ability to implement real-world solutions in precision innovation, industrial and robotics, office and home printing, and visual and lifestyle.

Led by the Japan-based Seiko Epson Corporation, the worldwide Epson Group generates annual sales of more than JPY 1.4 trillion. corporate.epson/en/

Epson America, Inc., based in Los Alamitos, Calif., is Epson’s regional headquarters for the U.S., Canada and Latin America. To learn more about Epson, please visit: epson.com. You may also connect with Epson America on Facebook (facebook.com/Epson), X (x.com/EpsonAmerica), YouTube (youtube.com/epsonamerica) and Instagram (instagram.com/EpsonAmerica).

1 Epson internal sales data through April 2026.

EPSON and Epson RC+ are registered trademarks of Seiko Epson Corporation. SafeSense and IntelliFlex are trademarks of Epson America, Inc. All other product and brand names are trademarks and/or registered trademarks of their respective companies. Epson disclaims any and all rights in these marks. Copyright 2026 Epson America, Inc.

 

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SOURCE Epson America, Inc.

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Limber Health Launches Recovery Forecast, the First-Ever Predicted Outcomes Solution for Rehab Therapy

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59 minutes ago

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October 21, 2026

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Built on the largest risk-adjusted patient outcomes database in rehab therapy, Limber’s Recovery Forecast replaces traditional single point-in-time forecasts or MCID comparisons with a 90-day outlook

PITTSBURGH, Oct. 21, 2026 /PRNewswire/ — Limber Health, a Net Health company, today announced Recovery Forecast, the first-ever predicted outcomes trajectory solution for rehab therapy. Built into the Limber outcomes platform, Recovery Forecast maps each patient’s expected path throughout care by comparing them with millions of completed assessments and applying robust risk adjustment. Available to clients this fall, this new clinical capability covers the primary MSK regions of injury.

“Current solutions show a point-in-time measurement, but rarely provide context or insight into the score,” said Nirav Modi, president of Limber Health. “Recovery Forecast shows clinicians how a patient is progressing through their plan of care, so they can assess, adjust, and guide them toward the best possible improvement.”

Because Limber Outcomes follows patients from evaluation through the full episode of care, the expected path stays visible between visits. At intake, the feature predicts each patient’s path; then at each reassessment, clinicians compare the actual score with the prediction for real-time context. This gives clinicians an opportunity to adjust the course of care.

“Being able to predict a patient’s outcome trajectory is a game changer,” said Brian Kelly, Vice President of Innovation & Clinical Excellence at Ivy Health. “It transforms outcomes data into real-time clinical intelligence that enhances patient engagement, empowers proactive clinical decision-making, and ensures every patient is positioned for an optimal recovery.”

A newly developed progression indicator, the Predicted Moderate Clinical Improvement (P-MCI), marks where a patient is expected to reach clinically meaningful improvement. P-MCI is already part of commercial payer quality programs. It underpins five functional improvement measures in the CMS proposed rule for the 2027 Physician Fee Schedule, with Limber Health and Patient360 as measure stewards. For more information about Limber Recovery Forecast, click here. 

About Limber Health

Limber Health, a Net Health company, extends in-person musculoskeletal (MSK) care into the home with Remote Therapeutic Monitoring (RTM), Home Exercise Programs (HEP), and Limber Outcomes, which helps practices measure patient progress and predict recovery using the largest risk-adjusted patient outcomes database in rehab therapy. Limber’s solutions are developed by physical therapists and physicians. Learn more at www.limberhealth.com.

About Net Health

For over 30 years, Net Health has gathered specialty knowledge shaped by human expertise and informed by patient outcomes. Today, this depth of knowledge is the foundation for an AI-native specialty platform that delivers intelligence to clinicians across the care continuum, enabling them to be present with patients during the moments that matter. Net Health is a trusted source of specialty solutions for more than 34,000 healthcare organizations, and is a portfolio company of The Carlyle Group, Level Equity, and Silversmith Capital Partners.

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SOURCE Net Health Systems, Inc.

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Asuri.ai Launches Multi-Agent AI Platform for Persistent Business Workflows

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59 minutes ago

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October 21, 2026

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The agentic platform helps nontechnical teams save time, eliminate redundant work and deploy specialized AI agents across more than 1,000 existing applications

IRVINE, Calif., Oct. 21, 2026 /PRNewswire/ — Asuri today announced the launch of its multi-agent enterprise AI platform, designed to help businesses move beyond copilots and deploy persistent AI workflows across complete business processes.

As AI models become more capable, the challenge for businesses is shifting from generating answers to safely giving AI the context, system access and autonomy required to perform real work.

Asuri brings those pieces into one platform.

Nontechnical teams can define a business process, connect the applications involved, assign specialized agents to different responsibilities, and control what each agent can access, recommend or execute. By coordinating work that would otherwise require employees to repeatedly move between systems, gather information and perform routine follow-ups, Asuri helps organizations save time and remove redundant manual work.

“The model itself is becoming less of the bottleneck,” said Artem Bespaloff, CEO and co-founder of Asuri. “The harder problem is coordinating agents across real business systems while giving each one the right context, permissions and level of autonomy.”

Unlike traditional AI assistants that primarily respond to prompts, Asuri is designed around persistent multi-agent workflows.

Asuri combines multi-agent orchestration, workflow logic, persistent context and agent-level permission controls in a single environment, with more than 1,000 integrations connecting agents to the software businesses already use.

This allows companies to automate processes across existing systems instead of replacing their technology stack, reducing repetitive administrative work and freeing employees to focus on higher-value decisions and relationships.

As part of its launch, Asuri is introducing prebuilt customer intelligence workflows that consolidate information from multiple business systems, analyze client activity against company-defined rules, and automatically alert employees to significant developments. By eliminating the need to manually track client activity across different platforms, these workflows reduce the workload on sales and research teams, helping them stay informed, identify opportunities, and focus on higher-value activities.

The same architecture can support workflows across sales, operations, finance, customer success, research and internal compliance.

Businesses can learn more and request access at Asuri.ai.

About Asuri

Asuri is a multi-agent enterprise AI platform, built by Sprouter Technologies, for persistent, governed business workflows. With more than 1,000 integrations, Asuri helps organizations connect specialized AI agents across their existing applications, reduce repetitive work, save employee time and automate processes while maintaining individual permissions, autonomy boundaries and human oversight.

For more information you can contact team@asuri.ai

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SOURCE Sprouter Technologies

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