United States · Funded startup

Who invested in Baseten

5 rounds we have observed, with the 20 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AICloudConstruction

Raised this monthValuation: $5.0B, Mar 2026

Funding summaryUpdated 5 Nov 2026

$4.0Braised across 5 rounds since 2025, from 11 sources

$1.5BGrowth$2.0BRound
Latest round
Round, $2.0BOct 2026
Led by
Sands Capital Management
Step-upi
1.3×
Investors
20 (7 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026
$75MSeries C$150MRound$300MSeries E$1.5BGrowth$2.0BRound
First round
Series C, $75M
Feb 2025
Biggest round
$2.0B
Round · Oct 2026
Usual gap between rounds
6 months
the median of 4

The rounds

  1. Oct 2026
    Round$2.0B1 returning

    Reported by Google News search and 1 other

  2. Jun 2026
  3. Jan 2026
    Series E$300M2 new3 returning

    Source recorded

  4. Oct 2025
    Round$150M1 new

    Reported by Firms' own news pages

  5. Feb 2025

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

IVPVC firm3rounds, led 1
BondGrowth equity3rounds, led 1
Spark CapitalVC firm2rounds, led 2
Sands Capital ManagementGrowth equity2rounds, led 2
ConvictionVC firm2rounds, led 1
BoxGroupVC firm2rounds
GreylockVC firm2rounds
NVIDIACompany2rounds
South Park CommonsAccelerator2rounds
Wellington ManagementVC firm1round, led 1
AltimeterVC firm1round, led 1
Battery VenturesVC firm1round
Caffeinated CapitalVC firm1round
Lachy GroomAngel1round
BlackbirdPrivate equity1round
01 AdvisorsVC firm1round
Durable Capital Partners LpPrivate equity1round
D. E. Shaw VenturesGrowth equity1round
01AGrowth equity1round
Verified CapitalVC firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 9 firms list Baseten as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Sapphire VenturesVC firmPer its own site
K5 GlobalPrivate equityPer its own site
Founders Circle CapitalVC firmPer its own site
HorizonVC firmPre-seed, per its site
InvestInDataAngel networkPer its own site
Todd DagresVC firmPer its own site
Aspire11Growth equityPer its own site
Summit Peak InvestmentsFund of fundsPer its own site
The Median FundVC firmSeries F, per its site

Quick answers about Baseten

Who invested in Baseten?

Baseten's investors include IVP, Bond, Spark Capital, Sands Capital Management and Conviction, and 15 more on record. Sands Capital Management led its latest round.

How much has Baseten raised?

Baseten has raised $4.0B across 5 rounds since 2025.

When did Baseten last raise?

Baseten's most recent round was an Undisclosed round of $2.0B in Oct 2026, led by Sands Capital Management.

What was Baseten's biggest round?

Its most recent round, $2.0B in Oct 2026, is also its largest on record.

Who backed Baseten first?

Baseten's first round on record, in Feb 2025, was backed by Spark Capital, IVP and Greylock and 4 others.

What stage is Baseten at?

Baseten's latest named round is an Undisclosed round, in Oct 2026.

Where is Baseten based?

Baseten is based in the United States.

Who led Baseten's rounds?

Spark Capital led the Series C in 2025; Bond led the funding round in 2025; Sands Capital Management led the Undisclosed round in 2026.

Companies like Baseten

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