Lambda Stock $21.56

Forge Price BeaconForge Price 1 updated November 22, 2024

lambdalabs.comEnterprise Software / Data IntelligenceFounded: 2012Funding to Date: $1.52B

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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Lambda Stock Price

3M
6M
1Y
MAX
Forge Price 1
Date
11/22/2024
Price per Share
$21.56
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

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 $1.5B 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 $205.08MM 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 $87.51MM 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 $23.23MM 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 $4.54MM 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 $4.54MM 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 $4.54MM 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

Lambda Investors Also Invested in These Private Companies

Assured Asset Management
Razer
Archer Venture Capital
Marlin Equity Partners
Invariantes Fund
Jeff Hammerbacher
Macquarie Group
Zventures
Greg Brockman
Mercato Partners
Crescent Cove
Garry Tan
Hilltop Venture Partners
Georges Harik
Veligera Capital
Lukas Biewald

Leadership & Board

Leadership

Stephen Balaban
Co-Founder, Chief Executive Officer & President
Michael Balaban
Co-Founder, Chief JSON Officer & Head of Engineering
Mitesh Agrawal
Chief Operating Officer & Head of Cloud
Chuan Li Ph.D
Chief Scientific Officer
Paul Miltenberger
Vice President of Finance
Ariel Nissan
General Counsel

Board

Gaetano Crupi
US Innovative Technology Fund
Ryan Sanders
Mercato Partners
Zachary Bratun-Glennon JD
Gradient Ventures

Lambda stock FAQs

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Can you buy Lambda stock?

As Lambda is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Lambda, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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How to buy Lambda stock?

To invest in a private company like Lambda through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
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Can you sell Lambda stock?

Yes, you may sell the Lambda stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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How to sell Lambda stock?

If you hold private company shares of Lambda – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your Lambda on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is Lambda a public company?

No, Lambda is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Lambda’s stock price?

Lambda is a private company, meaning it does’t have a publicly traded stock price. However, as of 11/22/2024 the Lambda Forge Price is $21.56 per share. The Forge Price is a derived price calculated for private companies like Lambda to provide insights into their current valuation. Learn more about Forge Price.
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What is Lambda’s stock ticker symbol?

Lambda does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Lambda’s News and Media Highlights

Lambda Labs, a cloud computing start-up that rents out servers powered by Nvidia’s artificial intelligence chips, is in talks to raise another $800mn as it looks to capitalise on the bull market around AI and the scarcity of the most advanced graphics processing units. The proposed deal would vault the company into the ranks of Silicon Valley’s best funded start-ups of recent years, at a time demand is skyrocketing for the computing infrastructure behind the generative AI boom. The funding would add to the $320mn that the San Jose-based group raised in February at a $1.5bn valuation. Lambda also announced in April that it had secured a $500mn loan using its Nvidia chips as collateral, which it would use to fund the expansion of its cloud services.
Lambda has secured a $500 million loan from lenders including Macquarie Group with Nvidia's much-coveted chips as collateral, the specialty artificial intelligence cloud provider said on Thursday. Startups addressing the towering need for chips and software that can support AI's complex computing requirements have been luring private investors. Firms across the board have been vying to develop their own generative AI (genAI) offerings as they look to capture a share of the increasingly competitive AI market.
Lambda, the GPU cloud company founded by AI engineers and powered by NVIDIA GPUs, today announced it has raised a $320 million Series C led by Thomas Tull’s US Innovative Technology with participation from new investors B Capital, SK Telecom, funds and accounts advised by T. Rowe Price Associates, Inc., and existing investors Crescent Cove, Mercato Partners, 1517 Fund, Bloomberg Beta, and Gradient Ventures, among others. The company will use this new equity financing to expand its AI cloud business, including Lambda’s popular on-demand and reserved cloud offerings.
Updated on: Nov 22, 2024

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