Baseten

Baseten

Platform for deploying and managing ML models

About

Baseten provides a platform for deploying and managing machine learning (ML) models, aimed at simplifying the process for businesses. Users can select from a library of open-source foundation models and deploy them with just two clicks, making it easier for tech companies, data scientists, and ML engineers to implement ML solutions. The platform features autoscaling, which adjusts resources based on demand, and comprehensive monitoring tools for performance tracking and troubleshooting. A distinctive feature is Truss, an open-source model packaging framework that allows users to deploy any public or private model via a command-line interface. Baseten operates on a usage-based pricing model, where clients pay only for the time their models are actively deployed, helping them manage costs while utilizing efficient ML infrastructure.

Company Stage

Series B

Employees

51-200

Industries

AI & Machine Learning

Total Funding

$58.4M

Headquarters

San Francisco, California

Founded

2019


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Simplify's Take

What believers are saying

  • Baseten raised $40M in Series B funding for R&D and market expansion.
  • Hybrid Mode on Google Cloud Marketplace offers flexible, scalable AI workloads.
  • Chains framework aligns with the trend of complex AI applications.

What critics are saying

  • Competition from specialized AI models like Writer's Palmyra-Med-70b and Palmyra-Fin-70b.
  • Potential integration issues with existing client infrastructures for Chains framework.
  • Usage-based pricing model may lead to revenue fluctuations.

What makes Baseten unique

  • Baseten offers a serverless backend for fast ML application development.
  • Truss, an open-source framework, allows seamless model packaging and deployment.
  • Baseten's platform features autoscaling and comprehensive monitoring tools.

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Growth & Insights
Headcount

6 month growth

40%

1 year growth

104%

2 year growth

96%

Benefits

💰 Competitive compensation: We aim to provide 90th percentile (or better) salaries and equity grants for every team member commensurate with their experience.

🌎 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.

🏓 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.

🌴 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.

🏥 Full healthcare coverage: Medical, dental and vision insurance for you and your family.

🍼 Paid parental leave: 16-weeks fully paid parental leave (adoptive and non-birth parents included) and flexibility with schedules while returning to work.

📈 401(k): Company-sponsored 401(k) for you to contribute to.

🧠: 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.

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