Baseten revenue and valuation
Specter estimates Baseten's annual revenue at $33M to $152M and its valuation at $10B to $14.4B. The company last reported $2.7M revenue in December 2023 and was priced at $13B in June 2026.
- Estimated revenue
- $33M–$152M
- Estimated valuation
- $10B–$14.4B
- Reported revenue
- $2.7M
- Total funding
- $2.09B
- Founded
- 2019
- Headquarters
- San Francisco, United States
- Employees
- 446
Baseten revenue
Baseten last reported $2.7M revenue in December 2023. Specter's model puts current revenue between $33M and $152M.
Monthly data
| Month | Specter estimate | Low | High | Reported revenue |
|---|---|---|---|---|
| $71M | $33M | $152M | ||
| $66M | $27M | $166M | ||
| $56M | $25M | $125M | ||
| $50M | $23M | $109M | ||
| $38M | $16M | $91M | ||
| $19M | $8.6M | $42M | ||
| $17M | $7.7M | $38M | ||
| $16M | $7.1M | $34M | ||
| $15M | $7.1M | $33M | ||
| $15M | $6.8M | $31M | ||
| $9.3M | $4.3M | $20M | ||
| $8.7M | $4.6M | $16M | ||
| $8.4M | $4.5M | $16M | ||
| $6.9M | $4.1M | $12M | ||
| $5.3M | $2.9M | $9.7M | ||
| $5.1M | $2.7M | $9.5M | ||
| $4.6M | $2.4M | $8.8M | ||
| $4.3M | $2.1M | $8.7M | ||
| $3.9M | $1.8M | $8.2M | ||
| $3.8M | $1.7M | $8.3M | ||
| $3.5M | $1.7M | $7.3M | ||
| $2.8M | $1.3M | $6.3M | ||
| $2.9M | $1.2M | $7M | ||
| $2.9M | $1.3M | $6.4M | ||
| $2.7M | $1.4M | $5.4M | ||
| $2.7M | $1.6M | $4.5M | ||
| $2.7M | $1.5M | $4.9M | ||
| $2.7M | $1.8M | $4.1M | ||
| $2.7M | $1.8M | $4M |
| Date | Reported revenue | Source |
|---|---|---|
| $2.7M |
Baseten valuation
Baseten's valuation rose from $200M at its Series B in March 2024 to $13B at its Series F in June 2026. Specter's live estimate sits between $10B and $14.4B.
Monthly data
| Month | Specter estimate | Low | High | Reported valuation |
|---|---|---|---|---|
| $12B | $10B | $14.4B | ||
| $13B | $10.8B | $15.6B | $13B (press) | |
| $13B | $10.8B | $15.7B | ||
| $13B | $10.8B | $15.7B | ||
| $13B | $10.8B | $15.6B | $13B (round) | |
| $10.7B | $7.08B | $16.3B | ||
| $8.87B | $6.22B | $12.6B | ||
| $7.33B | $5.47B | $9.82B | ||
| $6.05B | $4.8B | $7.64B | ||
| $5B | $4.16B | $6.01B | $5B (round) | |
| $4.05B | $2.83B | $5.78B | ||
| $3.28B | $2.46B | $4.37B | ||
| $2.66B | $2.1B | $3.35B | ||
| $2.15B | $1.79B | $2.58B | $2.15B (round) | |
| $1.88B | $1.02B | $3.45B | ||
| $1.64B | $970M | $2.76B | ||
| $1.43B | $890M | $2.28B | ||
| $1.24B | $840M | $1.85B | ||
| $1.08B | $790M | $1.49B | ||
| $950M | $740M | $1.21B | ||
| $830M | $690M | $990M | $825M (round) | |
| $930M | $440M | $1.98B | ||
| $1.05B | $560M | $1.96B | ||
| $1.18B | $710M | $1.97B | ||
| $1.33B | $860M | $2.06B | ||
| $1.5B | $1.02B | $2.22B | ||
| $1.69B | $1.21B | $2.37B | ||
| $1.91B | $1.49B | $2.44B | ||
| $2.15B | $1.79B | $2.58B | $2.15B (press) |
Baseten funding rounds
| Date | Round | Raised | Post-money valuation | Lead investors |
|---|---|---|---|---|
| Series F | $1.5B | $13B | Conviction, Spark Capital, Wellington Management, Conviction, Altimeter Capital, Sands Capital Ventures | |
| Series E | $300M | $5B | IVP, CapitalG | |
| Series D | $150M | $2.15B | Bond | |
| Series C | $75M | $825M | Spark Capital, IVP | |
| Venture round | Undisclosed | Undisclosed | Undisclosed | |
| Series B | $40M | $200M | Spark Capital, IVP | |
| Series A | $12M | Undisclosed | Greylock | |
| Seed | $8M | Undisclosed | Greylock, South Park Commons | |
| Venture round | $4.8M | Undisclosed | Undisclosed |
Baseten competitors
The AI inference market splits between high-velocity model serving and specialized enterprise management platforms.
| Company | Revenue | Valuation |
|---|---|---|
| $33M–$152M | $10B–$14.4B | |
| $830M–$1.2B | $13.1B–$18.9B | |
| $990M–$2.03B | $7.42B–$10.6B | |
| $740M–$1.48B | $15.1B–$20.9B | |
| $67M–$106M | $980M–$2.22B |
Baseten revenue and valuation FAQ
What is Baseten's revenue?
Specter estimates Baseten's annual revenue at $33M to $152M as of October 2026. Baseten last reported $2.7M revenue in December 2023.
What is Baseten's valuation?
Baseten's latest post-money valuation is $13B, from a June 2026 Series F. Specter's live estimate is $10B to $14.4B.
How much funding has Baseten raised?
$2.09B across nine rounds, from a $4.8M venture round in June 2021 to a $1.5B Series F in June 2026.
Who invested in Baseten?
41 investors, including Altimeter Capital, Conviction, IVP, Sands Capital Ventures, Spark Capital and Wellington Management.
Who are Baseten's competitors?
Modal Labs, Together AI, Fireworks AI and DeepInfra. Specter ranks 30 competitors for Baseten.