Gimlet Labs Valuation, Funding & Investors

Gimlet Labs is valued at $3B as of September 2026.

Last Gimlet Labs valuation

$3B

Series B · Sep 2026

Last Gimlet Labs funding round

$300M

Series B · Sep 2026

Cumulative funding Gimlet Labs raised

$392M

across 3 funding rounds

Key investors in Gimlet Labs

  • Menlo Ventures
  • Eclipse Ventures
  • Andreessen Horowitz
  • Tiger Global
  • M12
  • Emergence Capital

Gimlet Labs Overview

About Gimlet Labs

Gimlet Labs is a San Francisco-based applied research laboratory building scalable AI infrastructure for machine learning workloads. The team develops open-source tools for distributed training, model serving, and data pipelines compatible with frameworks like PyTorch and TensorFlow. Gimlet Labs collaborates with cloud providers such as AWS and Google Cloud to optimize GPU clusters and inference engines for enterprises handling petabyte-scale datasets.


Founded

2023

HQ

United StatesSan Francisco, CA

Status

Privately held

Customer focus

B2B

Revenue model

Services

Valuation

$3B (Sep 2026)

Gimlet Labs Valuation

Gimlet Labs is currently valued at $3B, based on its Series B in September 2026.

The $300M round was led by Andreessen Horowitz, with participation from XTX Markets, Eclipse Ventures, Menlo Ventures, Hudson River Trading, ARM and 6 other investors.

Gimlet Labs valuation by funding round

Gimlet Labs valuation by funding round
DateStageValuation
Sep 2026Series B$3B

Gimlet Labs Funding History

Gimlet Labs has raised a total of $392M across 3 funding rounds.

Gimlet Labs' first fundraising round was a $12M seed round in October 2025. The most recent completed round was a $300M Series B in September 2026.

Gimlet Labs funding rounds

Gimlet Labs funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Sep 2026Series BAndreessen Horowitz (lead); XTX Markets; Eclipse Ventures; Menlo Ventures; Hudson River Trading; ARM; Emergence Capital; Samsung Ventures; M12; Tiger Global; Sapphire Ventures; Wing Venture Capital$300M$3BGimlet Labs raised $300 million in a funding round led by Andreessen Horowitz, with participation from Arm Holdings and M12, valuing the company at $3 billion. The transaction was announced in September 2026 and represents the company’s latest financing round, following its earlier Series A. Gimlet Labs develops software that helps customers split AI workloads across different types of chips, positioning the company in the growing market for AI inference and multi-chip compute optimization. The new capital is intended to support the company’s scaling as demand rises for more efficient AI infrastructure and data-center deployment. The company previously raised an $80 million Series A earlier in 2026 and had first come out of stealth with seed funding before that. Its business focuses on helping frontier AI labs and other AI companies improve performance and compute utilization across heterogeneous hardware environments.
Mar 2026Series AMenlo Ventures (lead); Eclipse Ventures; FACTORY; Prosperity7 Ventures; Triatomic Capital$80M--
Oct 2025SeedDiego Oppenheimer (lead); Amarjit Gill; Akshay Kothari; Lip-Bu Tan; Raghu Raghuram; Dylan Field; Jonathan Feiber; Nick McKeown$12M-Gimlet Labs is an AI software startup focused on optimizing compute efficiency for artificial intelligence workloads. The company's platform automatically decomposes AI workloads into component stages and maps each stage to the most suitable hardware accelerator, reducing costs and improving performance per dollar spent on compute infrastructure. The company emerged from stealth on October 22, 2025, announcing a $12 million seed funding round led by Factory. The syndicate included prominent angel investors including Intel CEO Lip-Bu Tan, Figma CEO Dylan Field, former VMware CEO Raghu Raghuram, Notion COO Akshay Kothari, and Stanford Professors Jon Feiber and Nick McKeown. At the time of the announcement, Gimlet Labs disclosed that it had already achieved eight-figure annual revenues through deployments across AI-native companies and Fortune 500 enterprises. The company was founded by Zain Asgar (CEO, former NVIDIA GPU architect, former Google AI engineering lead, and co-founder of Pixie Labs acquired by New Relic) alongside three additional co-founders. Gimlet's technology addresses a critical pain point in the AI infrastructure market by reducing wasted compute capacity and enabling organizations to run workloads more efficiently across heterogeneous hardware from multiple vendors without requiring application changes.

Who has invested in Gimlet Labs?

23 investors have backed Gimlet Labs across its funding rounds, including Menlo Ventures, Eclipse Ventures, Andreessen Horowitz, Tiger Global, M12 and Emergence Capital.

Lead investors include Andreessen Horowitz, Menlo Ventures and Diego Oppenheimer.


Gimlet Labs Investors

Investors in Gimlet Labs by funding rounds participated
InvestorHQRoundsRoleFirst check
Eclipse VenturesUnited StatesSan Francisco, CA2ParticipantMar 2026
Menlo VenturesUnited StatesSan Francisco, CA2LeadMar 2026
Diego OppenheimerUnited StatesSeattle, WA1LeadOct 2025
Amarjit GillUnited StatesUnited States1ParticipantOct 2025
XTX MarketsUnited KingdomLondon1ParticipantSep 2026
Akshay KothariUnited StatesSan Francisco, CA1ParticipantOct 2025
Hudson River TradingUnited StatesNew York City, NY1ParticipantSep 2026
ARMUnited KingdomLondon1ParticipantSep 2026
Lip-Bu TanUnited StatesSan Jose, CA1ParticipantOct 2025
FACTORYUnited StatesSan Francisco, CA1ParticipantMar 2026
Raghu RaghuramUnited StatesSan Francisco, CA1ParticipantOct 2025
Prosperity7 VenturesSaudi ArabiaDammam1ParticipantMar 2026
Emergence CapitalUnited StatesSan Francisco, CA1ParticipantSep 2026

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Gimlet Labs Competitors

Gimlet Labs competitors include listed companies like Affle 3i and Ncino, and private ones like HyperSat, Parloa, Mianbi Smart and Motive.

Public and private companies comparable to Gimlet Labs
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
HyperSatUnited StatesNew York City, NYPrivate--$3B-
ParloaGermanyBerlinPrivate$50M-$3B60.0x
Mianbi SmartChinaBeijingPrivate--$2.9B-
MotiveUnited StatesOklahoma City, OKPrivate$501M-$3.1B6.1x
Affle 3iIndiaIndiaPublicly listed$282M$67M$2.3B6.7x
NcinoUnited StatesUnited StatesPublicly listed$595M$65M$2.3B4.0x

Gimlet Labs Public Comps

Gimlet Labs is still privately-owned, but its public comps include Affle 3i, Ncino, Haizhi, C3.ai, Wenge AI, TRS Information Technology, PCITECH, Fractal Analytics, Presight AI and MiniMax Group.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Affle 3i$282M$67M7.4x6.7x31.3x29.5x
Ncino$595M$65M4.3x4.0x39.0x15.8x
Haizhi$93M($30M)21.5x16.3x(67.1x)(440.4x)
C3.ai$250M($484M)4.3x4.5x(2.2x)(6.2x)
Wenge AI$60M($20M)27.6x-(82.7x)-
TRS Information Technology$76M($20M)19.3x19.7x(73.5x)478.8x
PCITECH$1.5B$53M0.8x0.9x24.1x-
Fractal Analytics$344M$50M3.7x3.4x25.8x21.0x

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Common questions about Gimlet Labs

When was Gimlet Labs founded?Gimlet Labs was founded in 2023.
Where is Gimlet Labs headquartered?Gimlet Labs is headquartered in San Francisco, CA, United States.
Is Gimlet Labs publicly listed?No, Gimlet Labs is a private, VC-backed company.
What is Gimlet Labs' valuation?Gimlet Labs was last valued at $3B in its Series B in September 2026.
How much funding has Gimlet Labs raised?Gimlet Labs has raised $392M across 3 funding rounds.
What was Gimlet Labs' last funding round?Gimlet Labs' last funding round was a $300M Series B in September 2026, led by Andreessen Horowitz.
Who are Gimlet Labs' investors?Gimlet Labs' investors include Eclipse Ventures, Menlo Ventures, Diego Oppenheimer, Amarjit Gill, XTX Markets, Akshay Kothari, Hudson River Trading, ARM, Lip-Bu Tan, FACTORY and 13 others.
Which companies are comparable to Gimlet Labs?Companies comparable to Gimlet Labs include HyperSat, Parloa, Mianbi Smart, Motive, Affle 3i and Ncino.

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