AI deployment and scaling platform has raised $19 million in Collection A funding led by , with participation from current traders and Peak XV’s Surge (previously Sequoia Capital India and SEA). New investor Soar Capital additionally joined the spherical, alongside angel traders together with Gokul Rajaram, Mohit Aron, Cyan Banister, and executives from Fortune 1000 corporations.
The corporate will utilise the contemporary capital to construct a common platform to construct and deploy AI functions with out infrastructure hassles, together with workforce enlargement and go-to-market efforts to drive buyer acquisition.
“Enterprises utilizing TrueFoundry have constructed and launched their inside AI platforms in as little as two months, attaining ROI inside 4 months–a stark distinction to the trade common of 14 months,” mentioned Nikunj Bajaj, CEO AND Co-founder of TrueFoundry. “Our platform integrates seamlessly throughout clouds, fashions, and frameworks, guaranteeing no vendor lock-in whereas future-proofing deployments for evolving AI patterns like RAGs and Brokers.”
The Collection A funding spherical brings TrueFoundry’s complete funding to $21 million.
Working out of India, the AI startup gives a cloud-native platform that simplifies machine studying (ML) coaching and deployment, enabling enterprises to handle AI functions effectively. The platform permits for fast mannequin deployment, typically inside minutes, and optimises infrastructure utilization. The corporate counts companies like Games24x7 and Whatfix amongst its prospects.
Avi Bharadwaj, Funding Director at Intel Capital, will be a part of TrueFoundry’s board of administrators.
“TrueFoundry is uniquely positioned to deal with the rising complexities of AI deployment. Their platform simplifies the method for AI groups, enabling them to construct, deploy, and scale functions with pace and effectivity,” mentioned Avi Bharadwaj, Funding Director at Intel Capital.
TrueFoundry helps its prospects speed up AI improvement cycles, reduce infrastructure prices, and scale with smaller groups. As an illustration, it has optimised NVIDIA’s GPU utilization for LLM (massive language mannequin) workloads, automating useful resource allocation and job scheduling to cut back idle time and enhance effectivity.
Its unified platform-as-a-service (PaaS) permits AI/ML groups to construct, deploy, and handle LLM functions on cloud or on-prem with pace, scalability, and safety. With a developer-first method, it simplifies the method of AI deployment, helping information scientists to create, check, and scale independently.
Based by Nikunj Bajaj, Abhishek Choudhary, and Anuraag Gutgutia, TrueFoundry has recorded 4X year-over-year progress in its buyer base, deploying 1,000+ clusters throughout shoppers for ML workloads, it mentioned in a press release. The corporate has additionally secured partnerships with Fortune 500 enterprises and main corporations, together with Siemens Healthineers, ResMed, Automation Wherever, and NVIDIA.
