About Lambda AI
Lambda AI is a company based in San Jose (United States) founded in 2012 by Stephen Balaban and Michael Balaban. Lambda AI has raised $1.54 billion across 7 funding rounds from investors including Citi, MUFG Bank and J P Morgan.
- Total Equity Funding$1.54B (USD)
in 7 rounds
- Latest Funding Round$1B (USD), Debt – Conventional
Oct 2026
- InvestorsCiti
& 5 more
Funding Insights of Lambda AI
Lambda AI has successfully raised a total of $1.54B across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $1 billion completed in October 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.54B
- Total Rounds 7
- Last Round Debt – Conventional — $1B
- First Round $4M
(Jun 2019)
- Investors Count 6
All 7 funding rounds of Lambda AI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2026 | $1B | Debt – Conventional | – | – | – |
| Aug 2026 | $926M | Debt – Conventional | – | – | – |
| May 2026 | – | Debt – Conventional | – | – | – |
| Nov 2025 | $1.5B | Series E | – | twgglobal.com | |
| Aug 2025 | $275M | Debt – Conventional | – | – | |
| Oct 2022 | $39.71M | Series B | – | – | – |
| Jun 2019 | $4M | Seed | – | – | – |
6 investors in total: 6 institutional.
Investors in Lambda AI
Lambda AI has secured backing from 6 investors, including institutional investors. Prominent investors backing the company include Citi, MUFG Bank and J P Morgan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Comprehensive financial services are provided to corporations and individuals. | 1799 | jpmorgan.com | New York, United States | |
Diversified financial services are offered through commercial banking operations. | 1812 | citigroup.com | New York, United States | |
Provider of full banking services | 2001 | mufg.jp | Chiyoda City, Japan | |
Crédit Agricole is recognized as a leading banking institution in France. | 1894 | credit-agricole.com | Montrouge, France | |
Investments are made in innovative technology companies for national interest. | – | usitfund.com | - | |
- | – | twgglobal.com | - |
Investor details for Lambda AI
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Lambda AI
195 people are tracked at Lambda AI (36 in leadership, 159 in team).
| Name | Role | Group |
|---|---|---|
Stephen Balaban | Co-Founder & CEO | Leadership |
Michael Balaban | Co-Founder & CTO | Leadership |
Thomas Sheeran | Enterprise Sales Director | Leadership |
Peter Seibold | Chief Financial Officer | Leadership |
Matt Rowe | Director of Business Operations | Leadership |
Mangesh Joshi | Director - Supply Chain Systems, Compliance & Materials | Leadership |
Alee Fong | Business Development Director | Leadership |
Eugene Berson | Head Of Sales Operations And Customer Success | Leadership |
Heather Planishek | Chief Financial Officer | Leadership |
Ken Patchett | VP Data Center Infrastructure | Leadership |
Robert Brooks IV | VP, Sales | Leadership |
Alan Butler | VP, Global Channels and Alliance’s | Leadership |
Mitesh Agrawal | COO | Leadership |
Chuan Li | Chief Scientific Officer | Leadership |
Matthew Hammons | Senior Director, Data Center Operations And Infrastructure Deployment | Leadership |
Sarah Hartshorn | Head of Marketing | Leadership |
Dan W. | Director Of Engineering, Platform | Leadership |
Demi Battaglia | Sr. Partner Marketing Manager - Cloud | Leadership |
Ari Kalfayan | Director Of Sales And Business Development | Leadership |
Cole Kievit | Senior Director, Enterprise & Cloud Sales | Leadership |
175 more people are available in the full profile.
Complete people profiles for Lambda AI
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Lambda AI
3 dated milestones of Lambda AI across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Lambda AI is founded.
- Funding First funding round of $4.0M.
- Funding Latest funding round, Debt – Conventional, of $1.0B.
Web traffic of Lambda AI
The website of Lambda AI (lambda.ai) receives about 425.6K visits a month and ranks #128,462 among all websites worldwide, #2,903 in Programming and Developer Software.
- Monthly visits425.6K
▲ 16% vs previous month
- Unique visitors141.7K
per month
- Global rank#128,462
among all websites
- Category rank#2,903
Computers Electronics and Technology · Programming and Developer Software
- Bounce rate42%
- Pages per visit2.8
- Average visit1 min 55 sec
- DevicesDesktop 63% · Mobile 37%
Websites whose visitors overlap most with Lambda AI. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
vast.ai | vast.ai | 100% | – | #55,762 | – |
| runpod.io | 98% | 1.9M | #23,114 | View details | |
| together.ai | 85% | 645.8K | #90,435 | View details | |
| nebius.com | 78% | 562.2K | #87,601 | View details | |
| pypi.org | 77% | – | #12,379 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Lambda AI
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to Lambda AI
10 companies that operate in the same segment as Lambda AI (AI Core Platforms & Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
OpenAI is engaged in developing advanced artificial intelligence technologies. | 2015 | San Francisco, California, United States | USD 167.95 B | – | – | |
AI models and chatbots are offered for industry applications. | 2021 | San Francisco, California, United States | USD 66.81 B | – | – | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 | |
AI-powered graphical processing units and SoCs | 1993 | Santa Clara, California, United States | USD 5 M | USD 130.5 B | 36,000 | |
A platform for the AI community to collaborate and build. | 2016 | Paris, France | USD 399.91 M | – | – | |
Digital marketing, data analytics, and IT services are provided globally. | 1981 | Bengaluru, Karnataka, India | – | USD 19.08 B | 323,580 | |
Machine learning model development and management solutions are provided. | 2017 | San Francisco, California, United States | USD 250 M | – | 150 | |
Provider of website, web & mobile application development, BI, and digital marketing services | 2007 | Jaipur, Rajasthan, India | USD 570.12 M | USD 102.68 M | 461 | |
AI-based robotic arms are developed for industrial automation tasks. | 2010 | San Francisco, California, United States | USD 123.02 M | – | – | |
Enterprise observability solutions are delivered via cloud and AI platforms. | 2008 | San Francisco, California, United States | USD 196.44 M | – | – |
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Frequently Asked Questions about Lambda AI
Lambda AI was founded in 2012 and raised its 1st funding round 7 years after it was founded.
Lambda AI is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Stephen Balaban is the current CEO of Lambda AI. They have also founded this company.
Lambda AI is a funded company, having raised a total of $1.54B across 7 funding rounds to date. The company's 1st funding round was a Seed of $4M, raised on Jun 2019.
Lambda AI was founded in 2012 in San Jose, United States, and operates in the AI cloud computing sector. High-performance GPU instances and clusters are offered for AI workloads, including access to various NVIDIA GPUs. Private cloud deployments and inference APIs are supported, along with tools for managing and scaling operations. Popular AI frameworks are integrated, and customizable server and workstation options with NVIDIA GPUs are available.
Lambda AI has 6 investors. Key investors include Citi, MUFG Bank, J P Morgan, Crédit Agricole, and twgglobal.com.
The website of Lambda AI receives about 426 thousand visits a month and ranks #128,462 among all websites worldwide.