Simplismart Raises $14 Million to Grow Its AI Inference Platform
Dallas Venture Capital led the Series B, with NVIDIA, Accel, Shastra VC and Micromax also investing.
Key Takeaways
- Simplismart raised $14 million in a Series B round.
- Dallas Venture Capital led, with NVIDIA, Accel, Shastra VC and Micromax investing.
- The company said its annualised revenue run rate grew 14 times in six months.
- Customers include HeyGen, Higgsfield, InVideo and Ema.
- It said the funds will go to its platform and growth in North America.
Simplismart, an AI inference infrastructure startup, has raised $14 million in a Series B round led by Dallas Venture Capital. NVIDIA, Accel, Shastra VC and Micromax also invested in the round.
The company builds software that sits between AI models and the GPUs that run them. It said its annualised revenue run rate has grown 14 times over the past six months.
Simplismart funding at a glance
| Detail | Simplismart |
|---|---|
| Amount | $14 million |
| Round | Series B |
| Lead investor | Dallas Venture Capital |
| Other investors | NVIDIA, Accel, Shastra VC, Micromax |
| Sector | AI inference infrastructure |
| Use of funds | Inference engine and orchestration platform, cloud-provider ecosystem, growth in North America and other global markets |
What Simplismart does
Simplismart builds the software layer between AI models and GPU infrastructure. It helps companies deploy AI models and run them at lower cost and with less delay.
Its customers include HeyGen, Higgsfield, InVideo and Ema. Yotta uses Simplismart to power the serverless inference layer of its Shakti Studio platform.
Simplismart's journey so far
| When | Milestone |
|---|---|
| 2022 | Amritanshu Jain and Devansh Ghatak found Simplismart |
| October 2024 | Simplismart raises a $7 million Series A led by Accel |
| October 2026 | Simplismart raises a $14 million Series B led by Dallas Venture Capital |
What Simplismart says it will do with the Series B money
The company said the funds will go toward developing its inference engine and orchestration platform, expanding its cloud-provider ecosystem, and supporting growth in North America and other global markets. It also said it is building partnerships with cloud providers and sovereign AI players for a planned dynamic GPU scheduling layer.
Where Simplismart stands after its Series B
Simplismart's $7 million Series A in October 2024 and this $14 million Series B add up to $21 million, and the company said its annualised revenue run rate grew 14 times over the past six months. Its customers include HeyGen, Higgsfield, InVideo and Ema, and Yotta uses it to power the serverless inference layer of Shakti Studio. The company said the new money will go into its inference engine and orchestration platform, its cloud-provider ecosystem, and growth in North America and other global markets.
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