TrueFoundry has raised $19 million in Series A funding, led by Intel Capital, with participation from existing investors Peak XV(formerly Sequoia India) and Eniac Ventures.
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TrueFoundry also welcome Jump Capital as a new investor, alongside angel investors including Gokul Rajaram (Product Leader, DoorDash & ex-Google), Mohit Aron (Founder, Nutanix & Cohesity), Cyan Banister (Early-stage investor, Uber & SpaceX), Ankit Sobti (Co-founder, Postman), and Lenny Rachitsky (Author, Lenny’s Newsletter and Lenny’s Podcast), as well as executives from Fortune 1000 companies.
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This funding comes at a time of explosive growth, with TrueFoundry achieving a 4x year-over-year increase in its customer base. This milestone reinforces company’s momentum and strengthens mission to redefine AI infrastructure, making AI deployment seamless, scalable, and automated.
AI has rapidly evolved from standalone foundation models to highly complex, interconnected ecosystems—what Berkeley AI Research refers to as “Compound AI.” These systems are no longer just about a single model but involve multiple models, external tools, vector databases, application frameworks, and cloud environments working together.
Unlike traditional machine learning (ML), where scientists built models in long, iterative cycles, today’s Generative AI (GenAI) landscape is driven by developers and AI engineers. With pre-trained models readily available, they can now iterate, fine-tune, and deploy AI solutions faster than ever. This shift has enabled AI applications to scale across industries, making AI more accessible, adaptable, and powerful.
About TrueFoundry
TrueFoundry is a Cloud-native PaaS for Machine learning teams to build, deploy and ship ML/LLM Applications on their own cloud/on-prem Infra in a faster, scalable, cost efficient way with the right governance controls, allowing them to achieve 90% faster time to value than other teams.
