Baseten
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Investors
Founders
About
Baseten is an AI inference platform that helps companies deploy, scale, and serve machine learning models in production 12. The company says it processes more than one billion inference calls per day across 87 global clusters on 18 cloud providers, and reports approximately 20x year-over-year revenue growth 12.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-06-22 | Series F | $1.5B | Altimeter Capital, Conviction, Spark Capital | Sands Capital, Wellington Management (co-leads); IVP, Greylock, 01A, Blackbird, Durable Capital Partners, Verified Capital, Battery Ventures, D. E. Shaw Ventures 12 |
The Series F was structured in two tranches at $13 billion and $11 billion valuations, reflecting staggered timing of investor commitments 12.
What Investors Say
“The inference market is compounding faster than almost anything we’ve seen, and some of the most sophisticated AI companies in the world are standardizing on Baseten.”
— Apoorv Agrawal, Partner at Altimeter Capital 1
What Founders Say
“The future of AI will be built on millions of specialized models, and the companies building the best ones know that post-training has become existential.”
— Tuhin Srivastava, CEO and Co-Founder of Baseten 1
Sources
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“Baseten Raises $1.5 Billion to Power the Next Era of AI Inference,” Business Wire press release, June 22, 2026, accessed June 28, 2026. https://www.businesswire.com/news/home/20260622645563/en/Baseten-Raises-$1.5-Billion-to-Power-the-Next-Era-of-AI-Inference↩↩↩↩↩↩
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Yahoo Finance, “Baseten Raises $1.5 Billion to Power the Next Era of AI Inference,” June 22, 2026, accessed June 28, 2026. https://finance.yahoo.com/technology/ai/articles/baseten-raises-1-5-billion-130000555.html↩↩↩↩