Baseten

Software Development Applications · San Francisco, CA · Founded 2019 · Privately Held (backing)

Developer of machine learning infrastructure designed to enable performant, scalable, and cost-effective model deployment. Baseten is based in San Francisco, CA and was founded in 2019. It was valued at $5 billion at its later-stage round in Jan 2026, the last priced event on record. It has raised $585 million across 3 recorded rounds; the latest was a $150 million Series D in Sep 2025.

PMV mark · valuation
$5.0B
Oct 2026
Priced at
its later-stage round
Jan 2026
Total raised
$585.0M
Last round
Later Stage VC (Series D)
Sep 2025
What is Baseten worth?
$5.0BPrivateMarketView mark · Oct 2026

Valued at $5.0B at its later-stage round, Jan 2026. Nothing has traded since.

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Valuation timeline

0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026
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Markrounds hold their value until the next priced eventMark, today
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Baseten funding history

3 rounds
DateRoundRaisedPost-money
Sep 2025Later Stage VC (Series D)$150.0M▮
Feb 2025Later Stage VC (Series C)$75.0M▮
Mar 2024Later Stage VC (Series B)$40.0M▮
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Baseten valuation

Baseten was valued at $5 billion at its later-stage round in Jan 2026. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Baseten raised?

Baseten has raised $585 million in total; 3 of its rounds are on record, from 2024 on. The largest on record was a $75 million Series C in Feb 2025; the most recent was a $150 million Series D in Sep 2025.

Comparable companies

Comparable software development applications names by valuation on PrivateMarketView: Fal ($8 billion), Temporal ($5 billion) and Blockdaemon ($3.4 billion).

How Baseten's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Baseten, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by its last priced round. Question about this number? Full methodology →

Frequently asked about Baseten

What is Baseten worth?
Baseten is valued at $5.0B as of Oct 2026. Valued at $5.0B at its later-stage round, Jan 2026. Nothing has traded since.
How much has Baseten raised?
Baseten has raised $585.0M in total funding across 3 recorded rounds.
When did Baseten last raise?
Baseten last raised in Sep 2025 (Later Stage VC (Series D)), raising $150.0M.