When was Foundry founded?

Foundry was founded in 2022 and raised its 1st funding round 2 years after it was founded.

Where is Foundry located?

Foundry is headquartered in Palo Alto, United States.

Who is the current CEO of Foundry?

Jared Quincy Davis of Foundry. They have also founded 1 company.

How many employees does Foundry have?

As of May 31, 2026, the latest employee count at Foundry is 38.

Is Foundry a funded company?

Foundry is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Mar 21, 2024.

When was the latest funding round of Foundry?

Foundry's latest funding was a $***** Series A round on Mar 21, 2024, with participation from 6 investors.

Where does Foundry rank among its competitors?

Foundry ranks 24th amongst 1685 active competitors, of which 83 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Gimlet Labs, which secured $300M in Sep, 2026.

Who are the top competitors of Foundry?

Foundry's top competitors include LangChain, Relevance AI and TrueFoundry. Among them, Gimlet Labs secured the most recent funding round in September, 2026.

Foundry - 2026 Company Profile, Team, Funding & Competitors

Foundry is a series A company based in Palo Alto (United States), founded in 2022 by Patrick Hsu and Jared Quincy Davis. It operates as a Cloud infrastructure built for machine learning orchestration. Foundry has raised $80M in funding from Lightspeed Venture Partners and Sequoia Capital. The company has 1685 active competitors, including 83 funded and 4 that have exited. Its top competitors include companies like LangChain, Relevance AI and TrueFoundry.

Company Details

Cloud infrastructure built for machine learning orchestration. The company offers AI and ML, distributed systems design, and hardware to provide solutions. It offers GPU cloud services and enables users to scale up and down based on their needs, and is SOC 2 Type II for security.

Website: www.mlfoundry.com
Social
Email ID: *****@mlfoundry.com

Key Metrics

Founded Year

2022

Location

Palo Alto, United States

Stage

Series A

Total Funding

$80M in 1 round

Latest Funding Round

Series A, Mar 21, 2024, $*****

Investors

Lightspeed Venture Partners & 7 more

Ranked

24^th among 1685 active competitors

Employee Count

38 as on May 31, 2026

Similar Companies

LangChain & 5480 more

View Foundry's full profile

Foundry has raised a total funding of $80M over 1 round. Its latest funding round was a Series A round on Mar 21, 2024 for $*****. 6 investors participated in its latest round. Foundry has 8 institutional investors.

Here is the list of recent funding rounds of Foundry:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 21, 2024	3596366	Series A	5578456	7816759	2205258	6542354

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View details of Foundry's funding rounds and investors

The founders of Foundry are Patrick Hsu and Jared Quincy Davis. Jared Quincy Davis is the CEO of Foundry.

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

Patrick Hsu: Co-Founder and Core Investigator of Foundry.
Jared Quincy Davis: Founder & CEO of Foundry.
Contact Info: 1 email address

View details of Foundry's Founder profiles and Board Members

Foundry's employee count trend

Foundry has 38 employees as of May 26. Here is Foundry's employee count trend over the years:

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Top competitors of Foundry include LangChain, Relevance AI and TrueFoundry. Here is the list of Top 10 competitors of Foundry, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	LangChain 2022, San Francisco (United States), Series B	Developer of tools for building, testing, and deploying AI agent applications	$260M	Benchmark, IVP & 13 others	72/100
2nd	Relevance AI 2020, Sydney (Australia), Series B	AI-powered image data analytics platform	$37M	King River, Bessemer Venture Partners & 5 others	66/100
3rd	TrueFoundry 2021, San Francisco (United States), Series A	Provider of an enterprise-grade AI gateway that encompasses LLM gateway, MCP gateway, and agent gateway	$21.3M	Eniac Ventures, Peak XV Partners & 14 others	65/100
4th	Union.ai 2021, Seattle (United States), Series A	Developer of a platform for orchestrating, training, and serving AI	$48.1M	New Enterprise Associates, Mozilla Ventures ... & 1 others	64/100
5th	Gimlet Labs 1990, San Francisco (United States), Series B	Developer of software to deploy and monitor AI applications across fleets	$392M	Menlo Ventures, Andreessen Horowitz & 27 others	63/100
6th	Run:AI 2018, Tel Aviv (Israel), Acquired	Provider of AI workload orchestration and GPU management software solutions	$118M	TLV Partners, Insight Partners & 3 others	59/100
7th	Onyx 2024, New York City (United States), Series B	Provider of a secure control plane for managing AI agents	$153M	Conviction, Bessemer Venture Partners & 6 others	59/100
8th	Kira 2025, Miami (United States), Seed	Provider of infrastructure for launching embedded fintech products with AI	$8.7M	Stellar, VamosVentures & 5 others	59/100
9th	Clarifai 2013, New York City (United States), Acqui-Hired	Provider of AI based image and video recognition solution for multiple industries	$101M	Qualcomm Ventures, Deep Learning & 19 others	57/100
10th	Callosum 2025, London (United Kingdom), Seed	AI infrastructure company providing systems-level software	$110M	Atomico, Plural & 12 others	56/100
24th	Foundry 2022, Palo Alto (United States), Series A	Cloud infrastructure built for machine learning orchestration	$80M	Redpoint Ventures, Lightspeed Venture Partners ... & 6 others	48/100