LB

Lambda Labs

Backed byNVIDIA1517 FundUSIT
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On-demand H100 and A100 clusters used by AI labs and Fortune 500 ML teams. Also sells GPU workstations and servers.

Location
San Francisco, United States
Raised
$320M+
Stage
Series C
Founded
2012
Category
AI
Funding
VC-backed
Team
201-500

Funding figures as of Jul 2025 Β· not independently verified

Founders of Lambda Labs

  • Stephen Balaban

Investors backing Lambda Labs

  • NVIDIA
  • 1517 Fund
  • USIT

Frequently asked questions

What does Lambda Labs do?

On-demand H100 and A100 clusters used by AI labs and Fortune 500 ML teams. Also sells GPU workstations and servers.

Where is Lambda Labs based?

Lambda Labs is based in San Francisco, United States.

When was Lambda Labs founded?

Lambda Labs was founded in 2012.

How much has Lambda Labs raised?

Lambda Labs has raised $320M+ in their Series C round as of Jul 2025.

Who founded Lambda Labs?

Lambda Labs was founded by Stephen Balaban.

Who has invested in Lambda Labs?

Lambda Labs is backed by NVIDIA, 1517 Fund, USIT.

How Lambda Labs would pitch themselves

β—‹ Auto-generated
01Target customer

AI training and inference β€” the core audience Lambda Labs's product is built around.

02Problem they solve

On-demand H100 and A100 clusters used by AI labs and Fortune 500 ML teams. Also sells GPU workstations and servers. The category has historically been served by tools that miss the modern workflow this product is built around.

03Key differentiator

Lambda Labs differentiates on gpu cloud built for ai training and inference. Backed by NVIDIA + 1517 Fund, $320M+ raised β€” the company has resources + validation to compound this thesis. Founded by Stephen Balaban.

04Go-to-market strategy

Growth-stage GTM β€” multi-channel revenue motion (direct enterprise sales, channel partnerships, marketplace listings). Vertical specialisation + verticalised AE teams targeting enterprise + mid-market.

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