Baseten
AI inference startup
About Baseten
Baseten builds infrastructure for AI inference, helping companies deploy and scale large language models, voice AI, embeddings, image generation, and custom AI systems in production.
Its platform supports models such as DeepSeek, Qwen, GLM, Whisper, and Stable Diffusion while offering dedicated deployments, model APIs, training infrastructure, and its open-source deployment framework, Truss. The company claims 99.99% uptime, supports deployments across 10+ cloud providers, and serves customers including Notion, OpenEvidence, Writer, ClickUp, Gamma, HeyGen, Lovable, and Poolside.
Baseten’s growth accelerated after it shifted its focus to AI inference in 2023. The company grew from approximately $2.7 million in revenue in 2023 to six times that amount in 2024, while expanding from around 20 enterprise customers in early 2024 to more than 100 large organizations by 2025.
In January 2026, Baseten revealed that inference volume on its platform had increased 100x year-over-year. Its performance-focused approach has delivered measurable results, including 3x faster embeddings for OpenEvidence, sub-300ms transcription for ClickUp, and up to 225% better cost-performance for AI inference workloads running on NVIDIA Blackwell GPUs.
Founders
Funding History
Frequently Asked Questions
What does Baseten do?
Baseten provides AI inference infrastructure that helps companies deploy, serve, fine-tune and scale open-source and custom AI models in production. Its platform manages GPUs, model optimization, autoscaling and model APIs.
Who founded Baseten?
Baseten was founded in 2019 by Tuhin Srivastava, Amir Haghighat, Philip Howes and Pankaj Gupta.
What is Baseten's valuation?
Baseten was officially valued at $5 billion during its Series E round in January 2026. In June 2026, the company was reportedly finalizing a new $1.5 billion round at a valuation of $13 billion.
How much funding has Baseten raised?
Baseten has raised $585 million across announced funding rounds through its Series E financing. Including the reported 18th June 2026 round, total funding would exceed $2 billion if completed.
Where is Baseten headquartered?
Baseten is headquartered in San Francisco, California, United States.
How many employees does Baseten have?
Baseten reports 200+ employees and has expanded rapidly due to growing demand for AI inference infrastructure.
Who are Baseten's customers?
Baseten's customers include AI-native companies and enterprises such as Cursor, Notion, Clay, Mercor, OpenEvidence, Abridge and other organizations deploying large-scale AI applications.
What makes Baseten different from OpenAI or Anthropic?
Unlike OpenAI and Anthropic, which primarily provide proprietary AI models, Baseten focuses on the infrastructure layer. It enables companies to run and optimize open-source and custom models while reducing inference costs and improving performance.
