Why Baseten matters
Baseten raised $300 million at a $5 billion valuation on January 20, 2026. By June 18, 2026 it was reported to be closing a $1.5 billion round at up to $13 billion, a 160% step-up in five months. The platform handles more than 1 billion inference calls a day across 87 clusters and 18 clouds, according to the company.
The numberRaised $300M at a $5B valuation in January 2026; reported in June 2026 to be raising $1.5B at up to $13B
On The All Things AI 100
Listed under Model platforms and developer tools. Where models are hosted, served, and turned into applications.
Quick answers
- What does Baseten do?
- Inference platform for deploying and scaling custom and open models across many clouds. Baseten raised $300 million at a $5 billion valuation on January 20, 2026.
- What AI capabilities does Baseten offer?
- Baseten provides an inference platform that lets businesses deploy, serve, and scale custom and open source machine learning models. Customers package models, run dedicated or shared inference, and call them through APIs for production workloads such as language, vision, and speech tasks. The service handles autoscaling, monitoring, and multi-cloud hosting so teams can put models into applications without building their own serving stack.
- Why is Baseten on The All Things AI 100?
- Baseten is listed under Model platforms and developer tools. Where models are hosted, served, and turned into applications. Raised $300M at a $5B valuation in January 2026; reported in June 2026 to be raising $1.5B at up to $13B.
- Where is Baseten based, and who owns it?
- Baseten is based in San Francisco, CA, was founded in 2019 and is private, Series E (larger round reported June 2026).