Substrate raised $8M in a seed funding led by Lightspeed Venture Partners and others to expand its market for inference solutions and bring modern AI capabilities to all software engineers.
Amount Raised
$8 Million
Round Type
Seed
New YorkSoftwareArtificial IntelligenceMachine LearningInvestors
Description
Substrate, a NYC-based AI infrastructure startup, raised $8M in Seed funding. The round was led by Lightspeed Venture Partners, with participation from South Park Commons, Craft Ventures, Guillermo Rauch (Vercel), Immad Akhund (Mercury), Will Gaybrick (Stripe), and others. The company intends to use the funds to expand its market for inference solutions and bring modern AI capabilities to all software engineers.
Quick answer
Substrate raised $8 Million in a Seed round, dated June 20, 2024. Investors: Immad Akhund, Guillermo Rauch, Will Gaybrick (Stripe), Craft Ventures, South Park Commons and Lightspeed Venture Partners. Substrate is based in New York, New York, United States.
- How much did Substrate raise?
- Substrate raised $8 Million in a Seed round on June 20, 2024.
- Who invested in Substrate?
- Immad Akhund, Guillermo Rauch, Will Gaybrick (Stripe), Craft Ventures, South Park Commons and Lightspeed Venture Partners are named as investors in this round.
- What does Substrate do?
- Multi-step AI programs that run fast.
- Where is Substrate based and how big is it?
- Substrate is based in New York, New York, United States.
- Who are the decision-makers at Substrate?
- Fundz holds 1 contact at Substrate, including the CTO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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