Overview

• Bond led the $150 million round, with new investors CapitalG, Premji and Scribble joining and existing backers Conviction, 01a, IVP, Spark and Greylock participating.
• The financing nearly triples Baseten’s valuation from its Series C six months ago, lifting it to $2.15 billion.
• CEO Tuhin Srivastava reports revenue has grown by more than 10x over the past year, with customers including Abridge, OpenEvidence, Clay, Patreon and Writer.
• Baseten focuses on running models in production, positioning its platform as core infrastructure for fast, reliable and cost‑efficient inference.
• In May, the company launched Model APIs for open‑source models and Training features designed to improve inference performance.