# TrueFoundry

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/truefoundry

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.truefoundry.com
- Total disclosed funding: $21M
- Latest round: Series A (Dec 31, 2024)
- Investors on record: 6

## About

Based in California, US, and founded in 2021 by Nikunj Bajaj, Anuraag Gutgutia, and Abhishek Choudary, Ensemble Labs, Inc., trading under the name TrueFoundry, operates as a software development company that provides the fastest framework for the post-model pipeline to machine learning engineers. In February 2025, TrueFoundry raised USD 19 million in series A funding led by new investor Intel Capital, with participation from other new investors Jump Capital and Trajectory Capital. Returning investors Peak XV Partners, Eniac Ventures, and individual investors also participated in the round. TrueFoundry is a platform that makes it simple for individuals and businesses to train, deploy, and monitor models. The company offers tracking services by comparing experiments and selecting the best model based on metrics, monitoring the issue in the data pipeline, and providing a demo to the product manager or user for feedback. The company will use the February 2025 funding to support the advancement of its AI framework.

## Funding rounds

- Series A, Dec 31, 2024, $19M — Intel Capital, Eniac Ventures, Jump Capital, Trajectory Capital, Peak XV Partners
- Seed, Sep 15, 2021, $2.2M — Eniac Ventures, Surge, Peak XV Partners

## Investors

- Eniac Ventures (https://capitalatlas.ai/funds/eniac-ventures) — Seed, Series A
- Surge (https://capitalatlas.ai/funds/surge) — Seed
- Peak XV Partners (https://capitalatlas.ai/funds/peak-xv-partners) — Seed, Series A
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series A
- Jump Capital (https://capitalatlas.ai/funds/jump-capital) — Series A
- Trajectory Capital (https://capitalatlas.ai/funds/trajectory-capital) — Series A