Predibase is a technology company.
Predibase has raised $28.0M across 2 funding rounds.
Predibase has raised $28.0M in total across 2 funding rounds.
Predibase has raised $28.0M in total across 2 funding rounds.
Predibase's investors include Felicis Ventures, Golden Ventures, Graph Ventures, Ground Up Ventures, GSV Acceleration, Indicator Ventures, Inventus Capital Partners, Northside Ventures, Pareto Holdings, Quiet Capital, Red Swan Ventures, RiverPark Ventures.
Predibase is a developer platform specializing in fine-tuning and serving open-source large language models (LLMs) and deep learning models, enabling engineering teams to productionize AI efficiently.[1][2][6] It serves Fortune 500 companies and high-growth startups by solving the challenges of customizing AI models at lower costs than proprietary vendors like OpenAI, through declarative, low-code tools built on open-source foundations like Ludwig and Horovod.[1][2][3] Key offerings include configurable model training, cost-effective serving (e.g., hundreds of models on one GPU via LoRAX), and secure, scalable infrastructure for the full ML lifecycle—from data connection to deployment.[5][6] Following its acquisition by Rubrik, Predibase emphasizes enterprise-grade security, agent governance, and innovations like Predibase Turbo for 4x faster inference.[5][8]
The platform addresses GPU shortages and high costs by enabling training on commodity hardware, delivering superior performance for applications in customer service, finance, and beyond, with rapid adoption evidenced by testimonials from CTOs and CEOs highlighting months saved in infrastructure development.[2][6]
Predibase was founded in 2021 in San Francisco, California, by a team from Uber AI, Apple, Google, and creators of open-source projects Ludwig (declarative ML framework) and Horovod (distributed deep learning).[1][3][4] The idea emerged from their experience building internal AI platforms at these companies, where they identified the need for a simpler, declarative approach to machine learning that reduces complexity and expands access beyond experts.[2][3] Early focus was on an integrated, low-code platform for data-to-deployment, quietly developed for a year before public launch with backing from investors like Greylock and Factory.[3] Pivotal moments include shifting emphasis to LLMs amid surging adoption, introducing serverless infra on Ray and Kubernetes, and the Rubrik acquisition, which integrated enterprise security into its open-source roots.[5][7]
Predibase rides the open-source AI wave, capitalizing on LLM democratization amid proprietary model cost hikes and GPU scarcity, enabling enterprises to outperform vendors like OpenAI at fractions of the price.[2][6] Timing aligns with explosive generative AI growth post-2022, where declarative ML lowers barriers for non-experts while scaling for production—key as 80% of ML projects fail on deployment.[3][4] Market forces like multi-cloud needs, agentic AI rise, and security demands (e.g., data sovereignty) favor its private-cloud deployability and Rubrik-backed governance.[5][7][8] It influences the ecosystem by advancing open tools (Ludwig, Horovod, LoRAX/LoRAX), fostering adoption in sectors like finance and customer service, and pushing MLOps toward low-code efficiency.[1][6]
Predibase is poised to dominate enterprise open-source AI with Rubrik's security amplifying its developer-first platform, targeting agentic workflows where governance becomes table stakes.[5][8] Trends like multimodal LLMs, edge inference, and regulated AI will shape it—expect expansions in hybrid data support and auto-optimization for next-gen hardware.[4][7] Its influence may evolve from fine-tuning specialist to full AI ops leader, empowering more teams to own their models as open-source matures, ultimately making custom AI as accessible as SaaS. This positions Predibase as the efficient backbone for AI-driven enterprises, echoing its origins in simplifying what was once impossibly complex.[2][3]
Predibase has raised $28.0M across 2 funding rounds. Most recently, it raised $12.0M Series A in May 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2023 | $12.0M Series A | Felicis Ventures, Golden Ventures, Graph Ventures, Ground Up Ventures, GSV Acceleration, Indicator Ventures, Inventus Capital Partners, Northside Ventures, Pareto Holdings, Quiet Capital, Red Swan Ventures, RiverPark Ventures, Ben Jabbawy, Brian Sugar, Kevin Miller, Paul Hedrick, Phil Libin, Preetha Parthasarathy, Rob Goldman | |
| May 1, 2022 | $16.0M Series A | Acadian Ventures, AIX Ventures, Alt Capital, Bloomberg Beta, C2 Investment, Conviction Partners, Greylock, Mosaic Ventures, Saga, The Hit Forge, Akshay Kothari, Amjad Masad, Ben Silbermann, Biz Stone, Spencer Kimball |