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Baseten Labs Inc. secured $40M in Series B funding led by IVP and Spark Capital to enhance AI deployment solutions.

PRIVATEMar 05, 2024•about 2 years ago

Amount Raised

$40 Million

Round Type

series b

San FranciscoSoftware

Investors

Spark CapitalIvp

Description

Baseten Labs Inc. announced a significant $40 million Series B funding round, led by IVP and Spark Capital, with contributions from existing investors. This funding places Baseten's valuation at over $200 million and aims to support sales and marketing expansion, as well as product innovation for AI deployment and scalability.

Company Information

Company

Baseten

Location

San Francisco, California, United States

About

Baseten is the leader in infrastructure software for high-scale AI products, offering the industry's most powerful AI inference platform. Committed to delivering exceptional performance, reliability, and cost-efficiency, Baseten is on a mission to help the next great AI products scale. Top-tier investors, including IVP, Spark, Greylock, Conviction, Base Case, and South Park Commons back Baseten.

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Predictive Intelligence
Strategic

ML-powered predictions for Baseten's next move

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies.

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