Lambda

Systems and Information Management · San Jose, CA · Founded 2012 · Privately Held (backing)

Developer of a cloud computing platform designed for large-scale artificial intelligence training and inference. Lambda is based in San Jose, CA and was founded in 2012. It is valued at about $10.6 billion as of Oct 2026, set by secondary market price, up 95% since its Series E in Nov 2025. It has raised $2.4 billion across 16 recorded rounds; the latest was a $926 million general corporate purpose round in Aug 2026.

PMV mark · valuation
$10.6B
Oct 2026
Secondary market · $/share
$56
Total raised
$2.4B
Last round
General Corporate Purpose
Aug 2026

Capitalization table

10 share classes, by liquidation seniority · as of Nov 2025
ClassLiq. prefIssue price
Series E-1▮▮
Series E-2▮▮
Series E-3▮▮
Series D-1▮▮
Series D-2▮▮
Series C▮▮
+ 4 more classes · a free account shows the full cap table
Preferences, participation and issue prices are Pro.Unlock preferences + participation

Membership and data by Private Market View

Pro
The prices on Lambda
  • ·Every dated print: 8 trades with prices and structures
  • ·22 fund marks: filer, period, implied $/share
  • ·The monthly marks chart, 46 months in dollars
  • ·Price per share on 6 rounds
Pro · $99 a month
List $299 · founding price, locked for as long as you stay

Membership and data by Private Market View

Reading Lambda's cap table

Share classes are listed senior-first: in a sale or liquidation, higher-seniority preferred stock is paid its liquidation preference before junior classes and common see proceeds. A participating class takes its preference and shares in the remainder; a non-participating class chooses one or the other.

The original issue price is what investors paid per share in that class’s round — read against current secondary prices, it shows which investors are above or below water.

Frequently asked about Lambda

How many share classes does Lambda have?
Lambda has 10 recorded share classes, listed by liquidation seniority — Series E-1 is the most senior.
How many shares has Lambda authorized?
Across its 10 recorded classes, Lambda has authorized 143,639,152+ shares.
Where does Lambda's cap table come from?
Share classes are assembled from certificates of incorporation, priced-round filings, and disclosures across Lambda's 16 recorded funding rounds.