FUNDING
Key Metrics
Valuation
$13B
As of Jul 30, 2026Value Add Pulse research
Revenue
~$600M (Mar 2026 — ~+1,900% YoY, up from $200M in Dec 2025)
Total funding
$2B+
As of Jul 30, 2026Value Add Pulse research
Company Snapshot
Baseten is a AI infra company, based in San Francisco, CA, founded 2019. Latest valuation $13B (As of Jul 30, 2026, Value Add Pulse research). Total funding $2B+ (As of Jul 30, 2026).
Recent changes
- Jul 30, 2026Jul 30, 2026First reported total funding: $2B+ Value Add Pulse enrichment
- Jul 30, 2026Jul 30, 2026Valuation rose from ~$13B to $13B Value Add Pulse enrichment
- Jun 26, 2026Jun 26, 2026Raised $1.5B Series F at a $13B valuation Crunchbase News
- Jun 26, 2026Jun 26, 2026New investor: Altimeter Capital Crunchbase News
- Jun 26, 2026Jun 26, 2026New investor: Wellington Management Crunchbase News
Earlier changes (8)
- Jun 26, 2026Jun 26, 2026New investor: Sands Capital Crunchbase News
- Jun 26, 2026Jun 26, 2026New investor: Conviction Crunchbase News
- Jun 26, 2026Jun 26, 2026New investor: Spark Capital Crunchbase News
- Jun 26, 2026Jun 26, 2026Baseten Raises $1.5B Series F at a $13B Valuation as AI Inference Demand Explodes Pulse story
- Jun 25, 2026Jun 25, 2026Baseten Raises $1.5B Series F at a $13B Valuation for AI Inference Pulse story
- Jun 18, 2026Jun 18, 2026Baseten Reportedly Raising ~$1.5B at a $13B Valuation as AI Inference Becomes the Hot Trade Pulse story
- Jun 2026Jun 2026First reported valuation: ~$13BEstimated StartupFortune — Baseten raises $1.5B at $13B
- Mar 2026Mar 2026First reported revenue: ~$600M (Mar 2026 — ~+1,900% YoY, up from $200M in Dec 2025)Estimated StartupFortune — Baseten raises $1.5B at $13B
Funding History
1 event · sources dated per row| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Jun 26, 2026 | Series F | $1.5B | $13B | outlined = lead | Pulse story |
Underlying values
| As of | Value | Method | Source |
|---|---|---|---|
| Jul 30, 2026 | $13B | Reported | Value Add Pulse research |
| Jun 2026 | ~$13B (Series F, Jun 2026) | Estimated | StartupFortune — Baseten raises $1.5B at $13B |
| Jun 2026 | ~$13B | Estimated | StartupFortune — Baseten raises $1.5B at $13B |
Investors
Latest Pulse
- Jul 5, 2026Why the Same Five Neoclouds Keep Landing MegaroundsBaseten, Together AI and Crusoe have each raised nine- or ten-figure rounds within the past year, showing AI infrastructure capital increasingly recycling into a small, familiar set of 'neocloud' names rather than funding new entrants.→
- Jun 26, 2026Baseten Raises $1.5B Series F at a $13B Valuation as AI Inference Demand ExplodesAI inference provider Baseten closed a $1.5 billion Series F at a $13 billion valuation, the largest funding round of the week, led by Altimeter Capital and Conviction Partners with Spark, Sands and Wellington participating. The raise underscores how serving AI models -- not just training them -- has become one of the most valuable and capital-intensive layers of the stack.→
- Jun 25, 2026Baseten Raises $1.5B Series F at a $13B Valuation for AI InferenceAI inference software provider Baseten raised a $1.5 billion Series F at roughly a $13 billion valuation -- its fourth fundraise in 18 months and the largest US venture round of the week. The company sells the systems software that lets enterprises run AI workloads efficiently, riding the shift in AI spending from one-time training to perpetual, usage-based inference.→
- Jun 18, 2026Baseten Reportedly Raising ~$1.5B at a $13B Valuation as AI Inference Becomes the Hot TradeAI inference platform Baseten is reportedly raising roughly $1.5 billion at a valuation of up to $13 billion -- tripling its mark in about five months -- co-led by Spark Capital, Sands Capital, Altimeter and Wellington. The round captures investors racing into the layer that actually serves AI models in production, where Baseten's ARR has reportedly jumped from $200M to $600M.→
Coverage Timeline
newest first- Jul 5, 2026FUNDINGWhy the Same Five Neoclouds Keep Landing Megarounds$5.3B+ combined across 3 repeat raises→
- Jun 26, 2026FUNDINGBaseten Raises $1.5B Series F at a $13B Valuation as AI Inference Demand Explodes$1.5B→
- Jun 25, 2026FUNDINGBaseten Raises $1.5B Series F at a $13B Valuation for AI Inference$1.5B→
- Jun 18, 2026FUNDINGBaseten Reportedly Raising ~$1.5B at a $13B Valuation as AI Inference Becomes the Hot Trade~$1.5B→
All Coverage
FUNDING$5.3B+ combined across 3 repeat raises
Why the Same Five Neoclouds Keep Landing Megarounds
Baseten, Together AI and Crusoe have each raised nine- or ten-figure rounds within the past year, showing AI infrastructure capital increasingly recycling into a small, familiar set of 'neocloud' names rather than funding new entrants.
FUNDING
Baseten Raises $1.5B Series F at a $13B Valuation as AI Inference Demand Explodes
FUNDING$1.5B
Baseten Raises $1.5B Series F at a $13B Valuation as AI Inference Demand Explodes
AI inference provider Baseten closed a $1.5 billion Series F at a $13 billion valuation, the largest funding round of the week, led by Altimeter Capital and Conviction Partners with Spark, Sands and Wellington participating. The raise underscores how serving AI models -- not just training them -- has become one of the most valuable and capital-intensive layers of the stack.
FUNDING
Baseten Raises $1.5B Series F at a $13B Valuation for AI Inference
FUNDING$1.5B
Baseten Raises $1.5B Series F at a $13B Valuation for AI Inference
AI inference software provider Baseten raised a $1.5 billion Series F at roughly a $13 billion valuation -- its fourth fundraise in 18 months and the largest US venture round of the week. The company sells the systems software that lets enterprises run AI workloads efficiently, riding the shift in AI spending from one-time training to perpetual, usage-based inference.
FUNDING
Baseten Reportedly Raising ~$1.5B at a $13B Valuation as AI Inference Becomes the Hot Trade
FUNDING~$1.5B
Baseten Reportedly Raising ~$1.5B at a $13B Valuation as AI Inference Becomes the Hot Trade
AI inference platform Baseten is reportedly raising roughly $1.5 billion at a valuation of up to $13 billion -- tripling its mark in about five months -- co-led by Spark Capital, Sands Capital, Altimeter and Wellington. The round captures investors racing into the layer that actually serves AI models in production, where Baseten's ARR has reportedly jumped from $200M to $600M.
Value Add Research
Related Companies
Competitors
Shared investors
Trace's Take
Baseten is the purest bet on the 'inference is the real AI infrastructure' thesis: a $5B company in January, ~$13B by June, with annualized revenue up ~20x year over year. The growth is real because the tailwind is real — every team moving off closed APIs onto open-source models needs a production layer. The risk is that inference is the most contested layer in AI, with hyperscalers and Nvidia sitting directly upstream of Baseten's margins.
Sources & methodologyshow
Where these figures come from
- Crunchbase Newsresearch database1 fact
- Value Add Pulse researchValue Add VC data2 facts
- StartupFortune — Baseten raises $1.5B at $13BValue Add VC data1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.