About TrueFoundry
TrueFoundry is a Technology company based in San Francisco (United States) founded in 2021 by Anuraag Gutgutia, Abhishek Choudhary, and Nikunj Bajaj. An ML operationalization and monitoring platform is developed. TrueFoundry has raised $21.3 million across 2 funding rounds from investors including Peak XV Partners, Intel Capital and Jump Capital. The company has 3 employees. TrueFoundry has completed 1 acquisition, including Seldon. Its chief executive, as recorded, is Nikunj Bajaj. Its website truefoundry.com draws about 81 thousand monthly visits. Its Indian entity Ensemble Labs Private Limited reported revenue of ₹10.77 Cr. TrueFoundry offers products and services including AI Gateway, LLMOps, Cognita (RAG), and Model Serving. Its focus areas include High Tech, AI Infrastructure, Machine Intelligence Systems and Machine Learning Platforms. Its competitors include Veritone, Anyscale and DataRobot; 3 of its 3 listed competitors have raised funding.
Company details
TrueFoundry was founded in 2021 in San Francisco, United States, within the machine learning sector. An operationalization and monitoring platform for ML products is provided. ML pipelines are automated, models are tested in production environments, developer code is structured, and model APIs are deployed to ensure production readiness. Multi-cloud support, demonstration tools, monitoring dashboards, web application sharing, and model artifact tracking are incorporated.
- Headquarters San Francisco, United States
- Employees 3
- Founders Anuraag Gutgutia, Abhishek Choudhary, Nikunj Bajaj
- SectorsTechnology
- Website truefoundry.com
- Social LinkedIn X
- Legal Name Ensemble Labs Private Limited
- Date of Incorporation 19 Jul, 2021
- Jurisdiction Bengaluru, Karnataka, India
- Indian entity revenue₹10.77 Cr
FY 2024 · +50% YoY
- Indian entity net profit₹1.17 Cr
FY 2024 · 11% margin
- Indian entity EBITDA₹1.65 Cr
FY 2024 · 15% margin
- Total Equity Funding$21.3M (USD)
in 2 rounds
- Latest Funding Round$19M (USD), Series A
Dec 2024
- InvestorsPeak XV Partners
& 12 more
- Employee Count3
- Investments & Acquisitions
Associated legal entities of TrueFoundry
TrueFoundry operates through Ensemble Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ensemble Labs Private Limited CIN U72200KA2021PTC149663 | Active | 19 Jul 2021 | Bengaluru, Karnataka | ₹10.8 Cr | 18 | 3 | View details |
Products & Services of TrueFoundry
TrueFoundry offers a comprehensive portfolio of products and services, including AI Gateway, LLMOps, Cognita (RAG), and Model Serving.
Gateway for managing AI services and integrations.
Tool for handling large language model operations and workflows.
Service for retrieval-augmented generation in AI applications.
Platform for efficient ML model serving and scaling.
Funding Insights of TrueFoundry
TrueFoundry has successfully raised a total of $21.3M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $19 million completed in December 2024. 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 $21.3M
- Total Rounds 2
- Last Round Series A — $19M
- First Round $2.3M
(Aug 2022)
- Investors Count 13
All 2 funding rounds of TrueFoundry 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 |
|---|---|---|---|---|---|
| Dec 2024 | $19M | Series A | – | Intel Capital | |
| Aug 2022 | $2.3M | Seed | – | Peak XV Partners, Surge |
13 investors in total: 5 institutional and 8 angel.
Investors in TrueFoundry
TrueFoundry has secured backing from 13 investors, including venture fund and angel investors. Prominent investors backing the company include Peak XV Partners, Intel Capital and Jump Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in technology startups focusing on compute, AI, and related innovations. | intelcapital.com | |||
Venture capital firm investing in startups and providing support programs. | 2000 | peakxv.com | Bengaluru, India | |
Venture capital and funds of fund firm focused on multiple sectors | jumpcap.com | Chicago, United States | ||
US focused seed and early-stage VC firm | eniac.vc | San Francisco, United States | ||
Acceleration is provided to startups across multiple sectors by Surge. | surgeahead.com | |||
GR Gokul Rajaram | Angel investor, product leader at DoorDash, ex-Google, Square | unknown_e8b6fe4624fc4a1bb | ||
MA Mohit Aron | Founder of Cohesity & Nutanix, prominent angel investor in tech startups | unknown_4ad4d0f87a594c3fa | ||
CB Cyan Banister | Angel investor, Founders Fund partner, early backer of Uber and SpaceX | unknown_c1bf4cdfe7bf4ddd8 | ||
NR Naval Ravikant | Angel investor, entrepreneur, founder of AngelList, thought leader in startups | unknown_3fdc52f5bff94b0bb | ||
DK Dilip Khandelwal | unknown_ac1eb612e60449c18 |
Investor details for TrueFoundry
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Board of directors of Ensemble Labs Private Limited (TrueFoundry)
Ensemble Labs Private Limited is the primary company behind TrueFoundry. The board of Ensemble Labs Private Limited currently have 3 directors; the longest-serving is Abhishek Choudhary, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhishek Choudhary DIN 08979649 | Director | 19 Jul 2021 | 5 yrs 3 mo | Ensemble Labs Private Limited |
| Nikunj Bajaj DIN 08994567 | Director | 19 Jul 2021 | 5 yrs 3 mo | Ensemble Labs Private Limited |
| Anuraag Gutgutia DIN 03494952 | Director | 10 Mar 2022 | 4 yrs 7 mo | Ensemble Labs Private Limited |
People of TrueFoundry
19 people are tracked at TrueFoundry (7 in leadership, 12 in team); the tracked headcount is 3.
| Name | Role | Group |
|---|---|---|
| Co-Founder & COO | Leadership | |
| Co-Founder & CTO | Leadership | |
| Co-Founder & CEO | Leadership | |
Chinmay Singh | Founder's office | Leadership |
Kieran Duffy | Senior Director, Enterprise Sales | Leadership |
Dheeman Hota | Founder's Office (gtm & Customer Success) | Leadership |
Angel Kaur Oberoi | Growth Marketing Director | Leadership |
Aditi Gupta | Senior Machine Learning Engineer | Team |
Eli Simons | Sales | Team |
Qaifi K. | Senior Frontend Developer | Team |
Shubham Rai | Lead Platform Engineer | Team |
Parth Kathuria | People And Culture (founding Team) | Team |
Akshay Siroya | Enterprise Sales | Team |
Sandeep Bhat | Strategic Advisor | Team |
Gaurav Mehta | Founders Office - Strategic Initiatives | Team |
Nikhil Popli | Software Development Engineer 2 | Team |
Sai Krishna | Software Consultant | Team |
Jagannath Panigrahi | Founding Member | Team |
Mitanshu Dodia | Machine Learning Platform Engineer Intern | Team |
Complete people profiles for TrueFoundry
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Financials of TrueFoundry
Figures of Ensemble Labs Private Limited, the primary company behind TrueFoundry, for FY 2024. Revenue was ₹10.77 Cr (+50% year on year). Net profit was ₹1.17 Cr (11% margin). EBITDA was ₹1.65 Cr (15% margin).
- ₹10.77 CrRevenue · FY 2024 · +50% YoY
- ₹1.17 CrNet profit · 11% margin
- ₹1.65 CrEBITDA · 15% margin
- ₹10,000Paid-up capital
- 18Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Ensemble Labs Private Limited are on its company page.
Detailed financial statements for TrueFoundry
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by TrueFoundry
TrueFoundry has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Seldon.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
ML models are deployed using an open source framework. | seldon.io | Shoreditch, United Kingdom | 2011 | Jun 2026 | •••• |
Complete acquisition details for TrueFoundry
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Timeline of TrueFoundry
4 dated milestones of TrueFoundry across 5 years, from founding to its latest funding, stage changes and deals.
- Founded TrueFoundry is founded.
- Funding First funding round of $2.3M.
- Funding Latest funding round, Series A, of $19.0M.
- Acquisition Acquires Seldon.
Competitors of TrueFoundry
TrueFoundry has 3 listed competitors in our database, 3 of them funded. They include Veritone, Anyscale and DataRobot.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| veritone.com | 2014 | Irvine, United States | $15M | 487 | AI-driven analytics for audio and video content are provided. | |
| anyscale.com | 2019 | San Francisco, United States | $280.53M | 118 | Provider of an AI-based open source framework for building distributed applications | |
| datarobot.com | 2012 | Boston, United States | $1.05B | 453 | Provider of an AI and cloud based data science platform |
Detailed competitors of TrueFoundry
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Web traffic of TrueFoundry
The website of TrueFoundry (truefoundry.com) receives about 81.2K visits a month.
- Monthly visits81.2K
▲ 15.9% vs previous month
Websites whose visitors overlap most with TrueFoundry. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| github.com | 100% | 542.6M | #65 | View details | |
| k2view.com | 92% | 91.7K | #437,806 | View details | |
| mirascope.com | 90% | #720,009 | View details | ||
| zenml.io | 90% | 113.1K | #428,596 | View details | |
| intersystems.com | 90% | 291.6K | #177,582 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 32 similar websites and full traffic analytics for TrueFoundry
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Top companies in AI Core Platforms & Infrastructure
3 companies that operate in the same segment as TrueFoundry (AI Core Platforms & Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform that provides data analysis and management solutions | 2003 | Denver, Colorado, United States | USD 2.46 B | USD 2.87 B | 5,915 | |
OpenAI is engaged in developing advanced artificial intelligence technologies. | 2015 | San Francisco, California, United States | USD 180.07 B | 11,115 | ||
AI models and chatbots are offered for industry applications. | 2021 | San Francisco, California, United States | USD 132.31 B | 6,146 |
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Related news about Truefoundry
Complete news archive for TrueFoundry
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Frequently Asked Questions about TrueFoundry
TrueFoundry was founded in 2021 and raised its 1st funding round 1 year after it was founded.
TrueFoundry is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Nikunj Bajaj is the CEO of TrueFoundry, as recorded in our data. They have also founded this company.
TrueFoundry is a funded company, having raised a total of $21.3M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.3M, raised on Aug 2022.
TrueFoundry has 3 employees.
The primary company behind TrueFoundry, Ensemble Labs Private Limited, reported revenue of ₹10.77 Cr for FY 2024, up 50% year on year.
TrueFoundry was founded in 2021 in San Francisco, United States, within the machine learning sector. An operationalization and monitoring platform for ML products is provided. ML pipelines are automated, models are tested in production environments, developer code is structured, and model APIs are deployed to ensure production readiness. Multi-cloud support, demonstration tools, monitoring dashboards, web application sharing, and model artifact tracking are incorporated.
TrueFoundry offers AI Gateway, LLMOps, Cognita (RAG), and Model Serving.
TrueFoundry has made 1 acquisition, including Seldon.
TrueFoundry has 13 investors. Key investors include Peak XV Partners, Intel Capital, Jump Capital, Gokul Rajaram, and Mohit Aron.
TrueFoundry operates through Ensemble Labs Private Limited.