Skip to main content

Lambda Labs vs Baseten

Side-by-side on valuation, funding, investors, founders & more

Comparison updated: April 2026

Lambda Labs has raised $2.3B — double what Baseten has pulled in.

Head-to-Head Verdict

Lambda Labs leads on 4 of 5 metrics

Lambda Labs

4 wins

-Valuation
+Funding
+Awaira Score
+Team Size
+Experience

Baseten

1 win

+Valuation
-Funding
-Awaira Score
-Team Size
-Experience

Key Numbers

Valuation
$4B
$5B
Total Funding
$2.3B
$585M
Awaira Score
82/100
80/100
Employees
300
150
Founded
2012
2019
Stage
Series E
Series E
Lambda LabsBaseten
Winner
Lambda Labs logo
Lambda Labs

🇺🇸 United States · Stephen Balaban

Series EAI InfrastructureEst. 2012

Valuation

$4B

Total Funding

$2.3B

Awaira Score82/100

300 employees

Full Lambda Labs Profile →
Baseten logo
Baseten

🇺🇸 United States · Tuhin Srivastava

Series EAI InfrastructureEst. 2019

Valuation

$5B

Total Funding

$585M

Awaira Score80/100

150 employees

Full Baseten Profile →
Market Context

This is a head-to-head contest: both operate in AI Infrastructure and share a home market in United States. Both are at the Series E stage, meaning they face similar scaling challenges and investor expectations.

🔬

Analyst Summary

Built from real data · Updated April 2026

Companies

In the AI Infrastructure market, Lambda Labs and Baseten represent two distinct approaches. Lambda Labs is a cloud infrastructure provider specializing in GPU and AI computing resources, founded in 2012 and headquartered in the USA. Baseten is an AI infrastructure company that provides a platform for deploying, scaling, and managing machine learning models in production.

Funding & Valuation

The two trade at comparable valuations — Baseten at $5B versus Lambda Labs at $4B. Lambda Labs has amassed $2.3B in total funding, far exceeding Baseten's $585M.

Growth Stage

With a 7-year head start, Lambda Labs (founded 2012) has had considerably more time to mature than Baseten (2019). Both sit at the Series E stage, suggesting similar risk profiles for potential investors. On headcount, Lambda Labs reports 300 employees and Baseten reports 150.

Geography & Outlook

Headquartered in 🇺🇸 United States, both Lambda Labs and Baseten draw from the same local ecosystem of talent and capital. Awaira's composite score rates them neck-and-neck: Lambda Labs at 82 and Baseten at 80 out of 100. Under Stephen Balaban and Tuhin Srivastava respectively, both companies continue to chart aggressive growth paths.

Funding Velocity

Lambda Labs

Total Rounds3
Avg. Round Size$388M
Funding Span2.4 yrs

Baseten

Total Rounds6
Avg. Round Size$88.6M
Funding Span4.1 yrs

Funding History

Lambda Labs has completed 3 funding rounds, while Baseten has gone through 6. Lambda Labs's most recent round was a Series C of $800M, compared to Baseten's Series C ($75M). Both are currently at the Series E stage.

Team & Scale

Team sizes are in the same ballpark: Lambda Labs has about 300 people and Baseten has around 150. Lambda Labs has a 7-year head start, founded in 2012 vs Baseten's 2019. Both are based in United States.

Metrics Comparison

MetricLambda LabsBaseten
💰Valuation
$4B
$5BWINS
📈Total Funding
$2.3BWINS
$585M
📅Founded
2012
2019WINS
🚀Stage
Series E
Series E
👥Employees
300
150
🌍Country
United States
United States
🏷️Category
AI Infrastructure
AI Infrastructure
Awaira Score
82WINS
80

Key Differences

💰

Valuation gap: Baseten is valued 1.3x higher ($5B vs $4B)

📈

Funding gap: Lambda Labs has raised $1.7B more ($2.3B vs $585M)

📅

Market experience: Lambda Labs has 7 years more (founded 2012 vs 2019)

👥

Team size: Lambda Labs has 300 employees vs Baseten's 150

⚔️

Direct competitors: Both operate in the AI Infrastructure market segment

Awaira Score: Lambda Labs scores 82/100 vs Baseten's 80/100

Which Should You Choose?

Use these signals to make the right call

Lambda Labs logo

Choose Lambda Labs if…

Top Pick
  • Higher Awaira Score — 82/100 vs 80/100
  • Stronger investor backing — raised $2.3B
  • More market experience — founded in 2012
  • Lambda Labs is a cloud infrastructure provider specializing in GPU and AI computing resources, founded in 2012 and headquartered in the USA
Baseten logo

Choose Baseten if…

  • More established by valuation ($5B)
  • Baseten is an AI infrastructure company that provides a platform for deploying, scaling, and managing machine learning models in production

Funding History

Lambda Labs raised $2.3B across 3 rounds. Baseten raised $585M across 6 rounds.

Lambda Labs

Series C

Aug 2024

Lead: Blackstone

$800M

Series B

Feb 2024

Lead: Thomas Tull

$320M

Series A

Apr 2022

Lead: Gradient Ventures

$44M

Baseten

Series C

Feb 2025

$75M

Series B

Mar 2024

$40M

Series E

Jan 2024

$245M

Series D

Jan 2023

$150M

Series A

Jan 2023

Lead: Accel

$13.5M

Seed

Jan 2021

$8M

Investor Comparison

No shared investors detected between these two companies.

Unique to Lambda Labs

BlackstoneThomas TullUSITGradient VenturesBloomberg Beta

Unique to Baseten

AccelSequoia Capital

Users Also Compare

FAQ — Lambda Labs vs Baseten

Is Lambda Labs bigger than Baseten?
By valuation, Baseten is the larger company at $5B versus $4B — a 1.3x difference. Size can also be measured by team: Lambda Labs employs 300 people while Baseten has 150 employees.
Which company raised more funding — Lambda Labs or Baseten?
Lambda Labs has raised more in total funding at $2.3B, compared to Baseten's $585M — a gap of $1.7B. Combined, the two companies have completed 9 known funding rounds.
Which company has a higher Awaira Score?
Lambda Labs leads with an Awaira Score of 82/100, while Baseten sits at 80/100. That 2-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
Who founded Lambda Labs vs Baseten?
Lambda Labs was founded by Stephen Balaban in 2012. Baseten was founded by Tuhin Srivastava in 2019. Visit each company's profile on Awaira for a full founder biography.
What does Lambda Labs do vs Baseten?
Lambda Labs: 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, offering GPU instances, CPU resources, and storage solutions designed for researchers, enterprises, and AI practitioners. The platform enables users to access high-performance computing resources without significant capital expenditure, addressing the computational demands of training large-scale AI models. Lambda Labs competes in the AI infrastructure market alongside established providers like AWS, Google Cloud, and Microsoft Azure, as well as specialized competitors such as Lambda, Crusoe Energy, and CoreWeave. The company positions itself as an alternative to hyperscale cloud providers by offering specialized infrastructure optimized specifically for AI and machine learning workloads, potentially with competitive pricing and customer-focused service models. Lambda Labs serves various sectors requiring intensive computational resources, including academic research institutions, startups, and enterprise organizations developing AI applications. The company's growth trajectory reflects increasing demand for accessible, scalable AI computing infrastructure as organizations accelerate machine learning adoption. Its substantial funding and valuation indicate investor confidence in the expanding AI infrastructure market. Lambda Labs provides specialized GPU cloud infrastructure optimized for AI and machine learning workloads as an alternative to general-purpose hyperscale cloud providers. Baseten: Baseten is an AI infrastructure company that provides a platform for deploying, scaling, and managing machine learning models in production. Founded in 2019, the company offers a serverless computing environment specifically designed for AI workloads, enabling developers and organizations to run large language models and other AI applications without managing underlying infrastructure. The platform handles model serving, auto-scaling, and resource optimization, abstracting away operational complexity. Baseten supports various model types and frameworks, allowing users to deploy custom models or utilize pre-built solutions. The company targets enterprises and developers requiring reliable, scalable inference infrastructure for AI applications. Its technology stack emphasizes performance optimization and cost efficiency for computationally intensive AI workloads. Baseten has secured $585 million in total funding, achieving a $5.0 billion valuation, positioning it among well-capitalized AI infrastructure providers. The company operates in a competitive landscape alongside similar platforms offering model deployment and inference services. Its growth trajectory reflects increasing enterprise demand for managed AI infrastructure solutions as organizations accelerate AI adoption. The Series E funding stage indicates maturity and substantial market validation. Baseten competes with other infrastructure providers offering model serving capabilities, differentiated through its focus on ease of use and performance optimization for production AI workloads. Baseten addresses the critical infrastructure gap between AI model development and reliable production deployment at scale.
Which company was founded first?
Lambda Labs got there first, launching in 2012 — that's 7 years of extra runway. Baseten didn't arrive until 2019. In AI, that kind of head start means more training data, deeper customer relationships, and a bigger talent moat.
Which company has more employees?
Lambda Labs has about 300 employees; Baseten has about 150. A bigger team usually means more revenue or heavier VC backing, but in AI, small teams can build at massive scale.
Are Lambda Labs and Baseten competitors?
Yes — they're direct rivals. Both Lambda Labs and Baseten compete in AI Infrastructure, targeting many of the same buyers. If you're evaluating one, you should be looking at the other.

Bottom Line

It's close. Both Lambda Labs and Baseten are strong players, and picking a winner depends on what you're looking for. Check each profile for the full picture.

Who Should You Watch?

This one's genuinely too close to call. Both companies are competitive, and the winner will likely come down to execution over the next 12-18 months. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.

Deep Dive