When was Bitfusion founded?

Bitfusion was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is Bitfusion located?

Bitfusion is headquartered in Austin, United States.

How many employees does Bitfusion have?

As of Jul 01, 2024, the latest employee count at Bitfusion is 5.

Is Bitfusion a funded company?

Bitfusion is a funded company, having raised a total of $9.21M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 05, 2015.

When was the latest funding round of Bitfusion?

Bitfusion's latest funding was a $***** Series A round on May 10, 2018, with participation from 1 investor. Its primary sector is PaaS. In United States, the PaaS sector has seen $1.41B in funding in 2026 to date.

Where does Bitfusion rank among its competitors?

Bitfusion ranks 6th amongst 36 active competitors, of which 9 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Adaptive, which secured $7M in Apr, 2025.

Who are the top competitors of Bitfusion?

Bitfusion's top competitors include Abacus.AI, AI Squared and Kakao Enterprise. Among them, Adaptive secured the most recent funding round in April, 2025.

Bitfusion - 2026 Company Profile, Team, Funding & Competitors

Bitfusion is an acqui-hired company based in Austin (United States), founded in 2014 by Maciej Bajkowski and Mazhar Memon. It operates as a Provider of a cloud-based platform to test and optimize AI and ML models. Bitfusion has raised $9.21M in funding from investors like DCVC, Resonant Venture Partners and Vanedge Capital. The company has 36 active competitors, including 9 that are funded. Its top competitors include companies like Abacus.AI, AI Squared and Kakao Enterprise.

Company Details

Provider of a cloud-based platform to test and optimize AI and ML models. It offers a platform for AI application lifecycle management to accelerate deep learning workflows. Its platform is a single dashboard that comes with tools for development to training, testing, and deployment of AI applications. It enables the development and training of various frameworks. and provides several deployment options. Along with a deep learning framework, its software stack includes data science libraries and GPU libraries.

Website: bitfusion.io
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Key Metrics

Founded Year

2014

Location

Austin, United States

Stage

Acqui-Hired

Total Funding

$9.21M in 4 rounds

Latest Funding Round

Series A, May 10, 2018, $*****

Investors

DCVC & 13 more

Ranked

6^th among 36 active competitors

Employee Count

5 as on Jul 01, 2024

Similar Companies

Abacus.AI & 267 more

View Bitfusion's full profile

Bitfusion has raised a total funding of $9.21M over 4 rounds. Its first funding round was on May 05, 2015. Its latest funding round was a Series A round on May 10, 2018 for $*****. 1 investor participated in its latest round. Bitfusion has 14 institutional investors.

Here is the list of recent funding rounds of Bitfusion:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 10, 2018	8872674	Series A	7429100	6370987	8482335	2643123
Sep 29, 2017	2416160	Series A	2992414	6429860	5399988	8684314
May 02, 2017	5354050	Series A	8095069	8968741	Vanedge Capital	Sierra Ventures & 5 more

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View details of Bitfusion's funding rounds and investors

The founders of Bitfusion are Maciej Bajkowski and Mazhar Memon.

Here are the details of Bitfusion's key team members:

Maciej Bajkowski: Former Co-Founder of Bitfusion.
Mazhar Memon: Former Co-Founder of Bitfusion.

View details of Bitfusion's Founder profiles and Board Members

Bitfusion's employee count trend

Bitfusion has 5 employees as of Jul 24. Here is Bitfusion's employee count trend over the years:

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Top competitors of Bitfusion include Abacus.AI, AI Squared and Kakao Enterprise. Here is the list of Top 10 competitors of Bitfusion, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Abacus.AI 2019, San Francisco (United States), Series C	Provides AI based data models creation for data science	$90.3M	Tiger Global Management, Coatue & 22 others	72/100
2nd	AI Squared 2021, Mountain View (United States), Series A	Provider of an enterprise AI platform that enables organizations to build, deploy, govern, and monitor AI applications and agentic workflows	$19.8M	New Enterprise Associates, Ansa & 3 others	49/100
3rd	Kakao Enterprise 2019, Seongnam-si (South Korea), Series C	Provider of cloud computing, artificial intelligence, and related digital technology	$100M	Korean Development Bank, Korea Development Bank Europe ... & 1 others	43/100
4th	NimbleEdge 2020, San Francisco (United States), Seed	On-device machine learning platform for real-time personalization in mobile apps	$3.32M	peercheque, Neotribe	40/100
5th	TensorGo 2023, Hyderabad (India), Unfunded	Provider of software & IoT development, computer vision, and IT consulting services	-	-	39/100
6th	Bitfusion 2014, Austin (United States), Acqui-Hired	Provider of a cloud-based platform to test and optimize AI and ML models	$9.21M	Samsung SDS, DCVC & 12 others	38/100
7th	Lablup 2015, Seoul (South Korea), Series A	Developer of software providing researchers and engineers access to computing resources	$9.64M	Daesung Startup Investment, LB Investment ... & 5 others	38/100
8th	Moran Cognitive Technology 2016, Beijing (China), Series A	Develops natural language recognition and processing technology and solutions	$10M	Source Code Capital, Matrix Partners China ... & 1 others	35/100
9th	Adaptive 2017, Sugar Land (United States), Seed	Provider of adaptive AI application development and deployment platform	$7M	Pebblebed, Conviction & 3 others	34/100
10th	ClusterOne 2016, San Francisco (United States), Deadpooled	Provides a workbench for integrating third-party AI tools, and for distributed computing	$2.35M	Allen Institute for Artificial Intelligence, Think + Ventures ... & 1 others	32/100