Lambda is a cloud computing company which offers GPU infrastructure for training and deploying AI models to developers and researchers. Lambda’s platform provides access to high-performance GPU clusters, including their 1-Click Clusters™, designed for AI workloads like machine learning and deep learning. The company aims to help organizations efficiently build, train, and fine-tune large AI models, offering flexible and scalable solutions for academic, enterprise, and research use​. This company was founded by Stephen Balaban, Michael Balaban, and Robert Brooks in 2012 and is headquartered in San Francisco, CA.

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To learn more about Lambda potential IPO

Will Lambda go IPO?

Lambda has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is Lambda’s IPO price?

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When was Lambda founded?

Lambda was founded in 2012.

What is Lambda funding to date?

Lambda has raised $1.52B to date.

Who are Lambda’s major investors?

Assured Asset Management
B Capital
Razer
Archer Venture Capital
Undisclosed Investors
Mana Ventures
Marlin Equity Partners
Invariantes Fund
Jeff Hammerbacher
Gradient Ventures
Quiet Capital
Macquarie Group
Zventures
1517
Inc
Bloomberg Beta
Greg Brockman
Mercato Partners
T. Rowe Price Associates
1517 Fund
Crescent Cove
Sk Telecom
Garry Tan
Alumni Ventures
Alpha Square Group
Savano Capital Partners
Iag Capital Partners
Redefine Ventures
Hilltop Venture Partners
Georges Harik
Veligera Capital
Lukas Biewald
Us Innovative Technology Fund
Adam D'Angelo

Lambda Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
02/15/2024 Series C $320MM $xx.xx $150.05B 1517 Fund, B Capital, Bloomberg Beta, Crescent Cove, Gradient Ventures, Inc, Mercato Partners, Sk Telecom, T. Rowe Price Associates
Price per Share
$xx.xx
Shares Outstanding
20,906,013
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
1517 Fund, B Capital, Bloomberg Beta, Crescent Cove, Gradient Ventures, Inc, Mercato Partners, Sk Telecom, T. Rowe Price Associates
03/21/2023 Series B $44.41MM $xx.xx $20.51B 1517, Adam D'Angelo, Bloomberg Beta, Crescent Cove, Garry Tan, Georges Harik, Gradient Ventures, Greg Brockman, Jeff Hammerbacher, Lukas Biewald, Mercato Partners
Price per Share
$xx.xx
Shares Outstanding
18,250,392
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
1517, Adam D'Angelo, Bloomberg Beta, Crescent Cove, Garry Tan, Georges Harik, Gradient Ventures, Greg Brockman, Jeff Hammerbacher, Lukas Biewald, Mercato Partners
07/14/2021 Series A $15MM $xx.xx $8.75B Bloomberg Beta, Georges Harik, Gradient Ventures, Razer
Price per Share
$xx.xx
Shares Outstanding
10,236,103
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bloomberg Beta, Georges Harik, Gradient Ventures, Razer
04/28/2019 Series Seed $3.96MM $xx.xx $2.32B 1517 Fund, Bloomberg Beta, Gradient Ventures
Price per Share
$xx.xx
Shares Outstanding
9,317,840
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
1517 Fund, Bloomberg Beta, Gradient Ventures
12/20/2017 Series Seed-1 $149,999.95 $xx.xx $453.72MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
1,193,317
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
12/20/2017 Series Seed-2 $369,999.29 $xx.xx $453.72MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
2,208,951
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
12/20/2017 Series Seed-3 $194,999.56 $xx.xx $453.72MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
931,230
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
Updated on: Nov 22, 2024

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