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Lambda Labs

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Updated Mar 24, 2026

How Lambda Labs stacks up in AI Infrastructure — funding data, key investors, and more.

🇺🇸United StatesSeries EAI Infrastructure

Out of 100

🇺🇸

HQ

United States

🗓

Founded

2012

💰

Raised

$2.3B

🏷️

Stage

Series E

👥

Team

300

Lambda Labs is a cloud infrastructure provider specializing in GPU and AI computing resources, founded in 2012 and headquartered in the USA. The company operates a Series E funding stage with a valuation of $4.0 billion and has raised $2.3 billion in total funding. Lambda Labs provides on-demand cloud computing infrastructure optimized for machine learning, deep learning, and AI workloads,

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Key Facts

  • Lambda Labs is valued at $4B as of March 2026.
  • Lambda Labs has raised a total of $2.3B in disclosed funding across 3 funding rounds.
  • Lambda Labs was founded in 2012 by Stephen Balaban and is headquartered in United States.
  • Lambda Labs employs approximately 300 people.
  • Lambda Labs operates in the AI Infrastructure category and is currently at the Series E stage.
  • Lambda Labs has an Awaira Score of 82/100, ranking it among the highly notable AI companies on Awaira.
  • Lambda Labs's most recent funding round was a Series C of $800M closed in August 2024, led by Blackstone.

Source: Awaira · Updated Mar 24, 2026

$4B

Post-money

$2.3B

All rounds

82/100

2012

300 employees

Strengths

Raised over $2.3B — one of the best-funded AI companies

Unicorn status with $4B valuation

Elite Awaira Score of 82/100

Analysis based on publicly available data. Not investment advice.

3

Total Rounds

$388M

Avg Round Size

2.4yr

Funding Span

Lambda Labs raised 3 rounds over 2.4 years, averaging $388M per round — a pace of roughly one round every 10 months.

⚠️ ESTIMATE
💵Est. Annual Revenue
$50M–$500M estimated ARR

Awaira estimate based on public data. Not financial advice.

How does Lambda Labs stack up against competitors?

MetricLambda LabsCoreWeaveGraphcoreNebius
Awaira Score82/10095/10085/10084/100
Total Raised$2.3B$2.38B$700M$2B
Valuation$4B$49B$500M$25B
StageSeries EPublicAcquiredPrivate
Founded2012201720162023
Employees3001800500-10001,000
Country🇺🇸🇺🇸🇬🇧🇳🇱
S

Stephen Balaban

Founder & CEO

View founder profile →
StageSeries E
Employees300
Country🇺🇸 United States
Connect
BlackstoneThomas TullUSITGradient VenturesBloomberg Beta
Quiet
3 rounds
Series CLatest

Led by Blackstone

$800M

Aug 2024

Series B

Led by Thomas Tull

$320M

Feb 2024

Series A

Led by Gradient Ventures

$44M

Apr 2022

Frequently Asked Questions

What is Lambda Labs's valuation?
The current market valuation is approximately $4B, based on publicly available funding data.
Who invested in Lambda Labs?
On the cap table: Blackstone, Thomas Tull, USIT, Gradient Ventures, Bloomberg Beta. Their combined backing has helped fund operations and expansion.
When did Lambda Labs last raise funding?
The most recent round was a Series C of $800M, closed in August 2024. The round was led by Blackstone.
How many employees does Lambda Labs have?
The team is roughly 300 people, headquartered in United States.
What does Lambda Labs do?
Lambda Labs is a cloud infrastructure provider specializing in GPU and AI computing resources, founded in 2012 and headquartered in the USA. The company operates a Series E funding stage with a valuation of $4. Founded in 2012, Lambda Labs is categorized under AI Infrastructure.
Who founded Lambda Labs?
The company was started by Stephen Balaban in 2012 in United States. Stephen Balaban serves as Founder & CEO.
Is Lambda Labs profitable?
Whether the company is profitable hasn't been confirmed publicly. It has raised $2.3B in total funding and is classified at the Series E stage.
Where is Lambda Labs headquartered?
Home base is United States 🇺🇸. The AI Infrastructure company was founded in 2012 and operates from there.
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