B

Baseten

Runs AI models for production software

Overview

Baseten runs AI models for software companies that need fast, reliable responses inside their products, from text generation to speech and image processing. Its Inference Stack combines optimized model runtimes with infrastructure that deploys, serves, and monitors custom or open models in production. Teams package models with its open source Truss tool, while Model APIs let developers test ready-to-use models and Training runs jobs that adapt models to their own data. Customers pay for computing time or tokens processed, with negotiated plans for larger deployments and support needs. Baseten was founded in 2019 and is headquartered in San Francisco.

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About Baseten

Simplify's Rating
Why Baseten is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Enterprise SoftwareAI & Machine Learning

Company Size

201-500

Company Stage

Series F

Total Funding

$2.1B

Headquarters

San Francisco, CA

Founded

2019

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Simplify's take

What believers are saying

  • Expansion has funding: Baseten's June 2026 $1.5 billion Series F finances compute, software, and talent.
  • Demand creates room to grow: Baseten reported 20-fold annual revenue growth in June 2026.
  • Enterprise buyers get compliance support: Baseten's Basic plan lists HIPAA compliance and SOC 2 Type II.

What critics are saying

  • Published hardware choices rely on Nvidia: Baseten's GPU menu lists no AMD or proprietary-chip alternative.
  • One San Francisco role requires office time: Baseten's Office Manager listing specifies five onsite days and flexible event hours.
  • Its inference rival has scale: Modal reported over $300 million annualized revenue in May 2026.

What makes Baseten unique

  • Baseten pools scarce GPUs: its scheduler treats capacity across more than 20 clouds as one shared resource.
  • Baseten embeds specialists: Gamma credits its engineers with serving 70 million users without hiring internal infrastructure staff.
  • Chains avoids oversized pipelines: Baseten assigns separate hardware and scaling rules to each model and processing step.

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Funding

Total Funding

$2.1B

Above

Industry Average

Funded Over

7 Rounds

Series F funding comparison data is currently unavailable. We're working to provide this information soon!
Series F Funding Comparison Coming Soon

Benefits

  • ๐Ÿ’ฐ Competitive compensation: We aim to provide 90th percentile (or better) salaries and equity grants for every team member commensurate with their experience.
  • ๐ŸŒŽ Remote-first work environment: The Baseten team is welcome to work from wherever they want; fully remote, in our San Francisco office, or a mix of both. We provide a $1,000 stipend for you to make your home office comfortable and productive.
  • ๐Ÿ“ Regular in-person team summits: We get together as a team three times a year to plan, workshop, and most importantly, get to know each other better.
  • ๐ŸŒด Unlimited PTO: We ask that everyone take at least 4 weeks of vacation. And we have a company-wide break between Christmas and New Year's Day.
  • ๐Ÿฅ Full healthcare coverage: Medical, dental and vision insurance for you and your family.
  • ๐Ÿผ Paid parental leave: 16-weeks fully paid parental leave (adoptive and non-birth parents included) and flexibility with schedules while returning to work.
  • ๐Ÿ“ˆ 401(k): Company-sponsored 401(k) for you to contribute to.
  • ๐Ÿง : Learning and development budget: We encourage you to take classes, attend conferences, and invest in your craft and we'll cover expenses to make it happen.

Growth & Insights and Company News

6 month growth

0%

1 year growth

-1%

2 year growth

-3%
ZenTech Academy
Nov 8th, 2026
Baseten makes Serverless Loops generally available for post-training - unite.ai.

Baseten makes Serverless Loops generally available for post-training - unite.ai. Baseten announced on November 6, 2026 that Serverless Loops is generally available, opening its managed SDK for supervised fine-tuning and reinforcement learning on open models to everyone. The service uses per-token training billing and provides a direct path from checkpoints to Baseten Dedicated Inference. Loops is built around a division of labor: users supply the training signal, while Baseten operates the GPUs, kernels, model architectures and distributed-training backend. The Python SDK trains LoRA adapters with base-model weights frozen. Users choose the base model, LoRA rank, learning rate, loss function, data or environment and algorithm; Baseten runs the trainer, sampler, weight synchronization and supporting infrastructure. A compatibility package preserves Tinker imports and core training and sampling calls for teams migrating existing scripts. The migration guide still changes authentication to a Baseten API key, returns checkpoints as paginated file URLs, requires inline image inputs and fixes LoRA module coverage by model family. Compatibility covers the training API while leaving several infrastructure-specific details for teams to adjust. Serverless models and billing. The serverless catalog contains three models: Qwen/Qwen3.6-35B-A3B and zai-org/GLM-5.3-Flash for text and vision, and zai-org/GLM-5.3 for text only. Each supports a maximum sequence length of 262,144 tokens. GLM-5.3's long-context configuration does not support cross_entropy or dpo losses. Dedicated mode covers the wider model catalog, bills for GPU time and adds controls for replicas, warm reuse and spot capacity. Serverless runs use shared capacity without requiring GPU reservations and bill for tokens used in training and sampling. Time spent reading results, changing a reward function or sitting idle incurs no token charges. Default mode selection can fall back to dedicated capacity for an unsupported model, LoRA rank or sequence length, or when a run reuses another run's deployments. Setting the scope to serverless makes an unsupported request fail instead. Model enablement does not guarantee provisioning. Workspace-specific access, unavailable GPUs and organization trainer limits can still block a run, giving the pay-per-token model a set of practical capacity boundaries beyond the published catalog. Checkpoints and production inference. The quickstart exposes four core operations: forward_backward for loss and gradient work, optim_step for adapter updates, sample for generation and save_state for resumable training. Publishing sampler weights creates a deployable checkpoint and a sampling client pinned to it. A separate save_state operation preserves model and optimizer state. The first sampling request can take several minutes while serverless capacity starts, a practical consideration for short experiments. A sampler checkpoint deploys as the base model with the trained LoRA adapter loaded. Checkpoints outlive their runs and can be deployed through the CLI, REST API or dashboard using a Hugging Face access token, because the deployment downloads base weights. The resulting OpenAI-compatible endpoint bills for its GPU while live. Deleting that deployment stops the GPU charge without deleting the checkpoint; deactivating the Loops run does not remove the deployment. For GA, Baseten improved handling of transient network errors and GPU failures, reduced startup overhead and accelerated weight transfers between trainers and samplers. Baseten says those changes support more concurrent customer workloads and that its production inference stack serves more than 15 billion requests daily. The production path includes autoscaling, deployment management and inference metrics, while users can download weights in Hugging Face Safetensors format. Validation and early customer workloads. Baseten says it validated the service with numerical tests and end-to-end reinforcement-learning experiments using ฯ„-bench tasks across retail, airline and banking, followed by evaluation on held-out hard tasks. The ฯ„-bench project describes a benchmark for whether agents can converse with users, call tools, retrieve knowledge and follow policy across enterprise domains, with outcomes checked against verifiable database results. Baseten reports that NVIDIA post-trained Nemotron Super 3.5 VL on text and vision tasks, improving intent-classification accuracy from 76.8% to 94% and reaching 87% validation F1 on receipt extraction; the work also included reinforcement learning for visual object counting. Datadog is using multi-turn agentic RL to test training ideas for its SRE agent, and Ambience Healthcare post-trained models to correct clinical transcription errors and capture medical terminology and formatting accurately. LangChain Labs is post-training models on agent traces for LangSmith Engine, including work that reads a GitHub repository to diagnose an issue and drafts the prompt or code change for a pull request. It can switch to a smaller open-weight model for classifying traces by failure mode and severity or mapping them to existing issues. LangChain's workflow illustrates how application behavior becomes the training target, with model size and task specialization chosen around the job. The customer accounts document use before the GA announcement and show the intended infrastructure loop: application data becomes training input, checkpoints are evaluated, and selected models move toward production. For infrastructure teams, the cost boundary is equally clear. Supported serverless runs avoid GPU reservations and idle-time token charges, while a live inference endpoint continues to bill for its GPU; the serverless catalog and workspace capacity determine where the serverless option applies.

The Next Web
Nov 1st, 2026
Baseten valuation could hit $30bn in a $2bn, two-price round

Sands Capital is set to lead a $2bn round that would put Basetenโ€™s valuation at up to $30bn, up from $13bn in June.

Bloomberg
Oct 30th, 2026
Baseten set to more than double valuation to $30B in new funding round

Artificial intelligence startup Baseten is set to raise new funding that would value it at about $30 billion, according to people familiar with the matter. The round would more than double the company's current valuation.

Bloomberg
Oct 30th, 2026
Baseten to raise funding that would double value to $30 billion.

Baseten to raise funding that would double value to $30 billion. October 30, 2026 at 3:02 PM PDT Takeaways by bloomberg aisubscribe. Artificial intelligence startup Baseten is set to raise new funding that would more than double its valuation to about $30 billion, according to people familiar with the efforts. The funding round is set to include two separate prices, or "tranches," the first segment of which values Baseten at $26 billion, the people said, asking not to be identified discussing private information. The second tranche values Baseten at $30 billion, they said.

Postman
Oct 29th, 2026
Postman and Baseten: build performant agents, run them at lower cost.

Postman and Baseten: build performant agents, run them at lower cost. October 29, 2026 Everyone is building AI agents, but far fewer enterprises run them at scale without costs getting out of hand. Postman, Inc. is excited to partner with Baseten to fix this problem for enterprises by combining the fastest inference runtimes, cross-cloud high availability, and developer workflows that fit together. Agents powered by the Baseten Inference Stack and the Postman Agent Stack run fast, and with even lower running costs. Postman: the Stack for agents. Since agents need APIs to know and act, Postman, Inc. launched the Agent Stack (Astropods, Fabric, and Passport), in addition to its family of AI-native products, to make any enterprise agentic-ready. Postman is where 40+ million developers build, test, and ship APIs. It gives teams the platform to design agents, connect them to the tools they need, and learn how they perform in the real world. As enterprises build their own internal AI agents using Astro AI, Postman's production-grade control plane and agent operating system (agentOS), they need a fast, cost-efficient model-serving option. Baseten is now its recommended inference partner for enterprise teams as they move agentic workflows into production. "Every dollar we save on inference is a dollar we can put back into giving developers more AI capability for free. That's why we chose to partner with Baseten for our enterprise customers: fast, efficient model serving that cuts inference costs, coupled with deep post-training expertise. That lets us deliver more value back to our community." Abhinav Asthana, Founder and CEO, Postman Baseten: enterprise AI infrastructure. Baseten is the leading inference platform for teams running AI in production. It provides fast, reliable, cost-efficient model serving, with the GPU capacity, post-training infrastructure, and hands-on support to run open-weight and customized models at scale. The Postman team set out to reduce the cost of running Postman Agent Mode, used by over 40 million developers, while holding quality and speed steady. Baseten helps by providing post-training infrastructure to customize open-weight models (thereby lowering costs without sacrificing quality), plus model serving powered by the Baseten Inference Stack. "Proud to partner with the Postman team to post-train open models that meet the quality bar but are many times cheaper and faster to run." Amir Haghighat, CTO and Co-founder, Baseten Postman + Baseten, together for the enterprise. Together, Postman and Baseten help enterprises build and run AI agents at scale while keeping costs under control. Connect the stacks for building and running agents. Postman is where teams design agents, connect them to the APIs and tools they need, and see how they perform in production. Baseten is where the models behind those agents run. Through its partnership, teams can go from an agent built in Astro AI to production serving on the Baseten Inference Stack without stitching together infrastructure. You also get the capacity and uptime that only cross-cloud high availability (Baseten's MCM system) can provide, from day one. Match the right model to the task. An agent workflow is made of many steps, like planning, tool selection, API calls, and summarization. Only some of those steps require a frontier model. Teams can route high-volume, simpler steps to smaller open models served on Baseten and save frontier models for the hardest reasoning. Match the model to the task and cut cost without cutting quality. Keep learning on your own data. Real-world usage is the best signal for making agents better. With Baseten's post-training infrastructure, teams can fine-tune open models on real usage, so agents improve over time. Serve for agent-scale traffic. A single agent task can trigger many model calls, and enterprise deployments multiply that across all of their users. By pairing multi-cloud GPU capacity with runtime optimizations in the Baseten Inference Stack, Baseten keeps latency low as request volume climbs or spikes. Partner with two applied AI teams. Both Postman's and Baseten's teams work directly with enterprise customers on their hardest problems. Customers get a shared channel with engineers from both partners, with same-day support and hands-on help. Get started. Building agents and watching your token bill? Reach out to build with Postman and Baseten. In this post. Abhinav Asthana Abhinav is the co-founder and CEO at Postman.

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