Mithril - About the company
Mithril is a series A company based in Palo Alto (United States), founded in 2022 by Jared D. It operates as an Operator of an AI omnicloud platform providing compute and batch inference. Mithril has raised $80M in funding. The company has 21 active competitors, including 10 funded and 5 that have exited. Its top competitors include companies like Nvidia, Lightmatter and Ayar Labs.
Company Details
Operator of an AI omnicloud platform providing compute and batch inference. The platform aggregates and orchestrates multi-cloud GPUs, CPUs, and storage. It offers access to infrastructure through a single platform with transparent pricing. The platform enables users to spin up GPUs, pay market rates, and run batch workloads. It provides access to NVIDIA GPUs with InfiniBand and high-performance storage. The platform offers API and batch job SDK for provisioning compute and launching machine learning batch jobs.
- Website
- mithril.ai
- Email ID
- *****@mithril.ai, *****@mithril.ai, *****@mithril.ai, *****@mithril.ai
Key Metrics
Founded Year
2022
Location
Palo Alto, United States
Stage
Series A
Total Funding
$80M in 2 rounds
Latest Funding Round
Investors
Ranked
6th among 21 active competitors
Employee Count
41 as on Aug 31, 2026
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Mithril's funding and investors
Mithril has raised a total funding of $80M over 2 rounds. Its first funding round was on Mar 21, 2024. Its latest funding round was a Series A round on Mar 21, 2024 for $*****. 16 investors participated in its latest round. Mithril has 7 institutional investors and 10 angel investors.
Here is the list of recent funding rounds of Mithril:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 21, 2024 | 6676139 | Series A | 7410940 | 3897670 | 4202500 | 2648841 |
Mar 21, 2024 | 8293722 | Seed | 6755412 | 1905174 | 8652017 |
View details of Mithril's funding rounds and investors
Mithril's founders and board of directors
Founder? Claim ProfileHere are the details of Mithril's key team members:
- Jared D: Founder and CEO of Mithril.
View details of Mithril's Founder profiles and Board Members
Mithril's employee count trend
Mithril has 41 employees as of Aug 26. Here is Mithril's employee count trend over the years:
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Mithril's Competitors and alternates
Top competitors of Mithril include Nvidia, Lightmatter and Ayar Labs. Here is the list of Top 10 competitors of Mithril, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Nvidia 1993, Santa Clara (United States), Public | Developer of hardware and software solutions for artificial intelligence computing | $5M | 82/100 | |
2nd | Lightmatter 2017, Boston (United States), Series D | Developer of photonic interconnects and co-packaged optics for AI infrastructure | $850M | 70/100 | |
3rd | Ayar Labs 2015, San Jose (United States), Series E | Developer of optical interconnect solutions for artificial intelligence infrastructure applications | $872M | 66/100 | |
4th | Celestial AI 2020, Santa Clara (United States), Acquired | Developer of optical interconnect technology for artificial intelligence infrastructure systems | $589M | 66/100 | |
5th | Expedera 2018, Santa Clara (United States), Series B | Provider of AI accelerators | $38M | 59/100 | |
6th | Mithril 2022, Palo Alto (United States), Series A | Operator of an AI omnicloud platform providing compute and batch inference | $80M | 54/100 | |
7th | Olix 2024, London (United Kingdom), Series B | Developer of a new compute paradigm for frontier artificial intelligence | $562M | 52/100 | |
8th | Oculi 2016, Columbia (United States), Seed | Provider AI-based sensor processor | - | 49/100 | |
9th | Provider of ultra-low power optical interconnect solutions for HPC | $14.8M | 47/100 | ||
10th | BrainChip 2013, California (United States), Acquired | Developer of neural processing AI platform units for edge applications | - | 40/100 |
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Mithril's Investments and acquisitions
Mithril has made no investments or acquisitions yet.
Reports related to Mithril
Here is the latest report on Mithril's sector:
News related to Mithril
Media has covered Mithril for a total of 2 events in the last 1 year, 1 of them has been about company updates.
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Mithril to Acquire the La Dura Gold-Silver Property Adjacent to its Flagship Copalquin Property, Durango State, MexicoJuniorminingnetwork•Dec 05, 2025•Mithril
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