- Companies
- Gimlet Labs
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
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
Website
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
| Date | Stage | Valuation |
|---|---|---|
| Sep 2026 | Series 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
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Sep 2026 | Series B | Andreessen 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 | $3B | Gimlet 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 2026 | Series A | Menlo Ventures (lead); Eclipse Ventures; FACTORY; Prosperity7 Ventures; Triatomic Capital | $80M | - | - |
| Oct 2025 | Seed | Diego 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | Mar 2026 | ||
| 2 | Lead | Mar 2026 | ||
| 1 | Lead | Oct 2025 | ||
| 1 | Participant | Oct 2025 | ||
| 1 | Participant | Sep 2026 | ||
| 1 | Participant | Oct 2025 | ||
| 1 | Participant | Sep 2026 | ||
| 1 | Participant | Sep 2026 | ||
| 1 | Participant | Oct 2025 | ||
| 1 | Participant | Mar 2026 | ||
| 1 | Participant | Oct 2025 | ||
| 1 | Participant | Mar 2026 | ||
| 1 | Participant | Sep 2026 | ||
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Start Free TrialGimlet Labs Competitors
Gimlet Labs competitors include listed companies like Affle 3i and Ncino, and private ones like HyperSat, Parloa, Mianbi Smart and Motive.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $3B | - | ||
| Private | $50M | - | $3B | 60.0x | ||
| Private | - | - | $2.9B | - | ||
| Private | $501M | - | $3.1B | 6.1x | ||
| Publicly listed | $282M | $67M | $2.3B | 6.7x | ||
| Publicly listed | $595M | $65M | $2.3B | 4.0x |
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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $282M | $67M | 7.4x | 6.7x | 31.3x | 29.5x | |||
| $595M | $65M | 4.3x | 4.0x | 39.0x | 15.8x | |||
| $93M | ($30M) | 21.5x | 16.3x | (67.1x) | (440.4x) | |||
| $250M | ($484M) | 4.3x | 4.5x | (2.2x) | (6.2x) | |||
| $60M | ($20M) | 27.6x | - | (82.7x) | - | |||
| $76M | ($20M) | 19.3x | 19.7x | (73.5x) | 478.8x | |||
| $1.5B | $53M | 0.8x | 0.9x | 24.1x | - | |||
| $344M | $50M | 3.7x | 3.4x | 25.8x | 21.0x | |||
This data is available for Pro users. Sign up to see all Gimlet Labs competitors and their valuation data. Start Free Trial | ||||||||
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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