RunPod - About the company
RunPod is a series A company based in Moorestown (United States), founded in 2022 by Pardeep Singh and Zhen Lu. It operates as a Provider of cloud GPU infrastructure for AI model development and deployment. RunPod has raised $122M in funding from investors like Summit Partners, Intel Capital and Dell Technologies Capital, with a current valuation of $*****. The company has 512 active competitors, including 88 funded and 35 that have exited. Its top competitors include companies like CoreWeave, Tuya and Hewlett Packard Enterprise.
Company Details
Provider of cloud GPU infrastructure for AI model development and deployment. The company offers on-demand GPUs, serverless computing, and multi-node GPU clusters. It supports model serving, fine-tuning, and the deployment of AI agents. The platform facilitates compute-heavy tasks and provides resources such as a blog, articles, and case studies. It also offers features like autoscaling, persistent network storage, and real-time logs. The company focuses on providing a cost-effective and reliable platform for machine learning.
- Website
- www.runpod.io/
- Email ID
- *****@runpod.io
Key Metrics
Founded Year
2022
Location
Moorestown, United States
Stage
Series A
Total Funding
$122M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jun 24, 2026
Investors
Ranked
31st among 512 active competitors
Employee Count
106 as on Jun 30, 2026
Legal entities associated with RunPod
RunPod is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
RUNPOD, INC CIN: 7111762 , United States, Active | Oct 31, 2022 | - | 37 (As on Dec 31, 2024) | - |
Sign up to download RunPod's company profile
RunPod's funding and investors
RunPod has raised a total funding of $122M over 4 rounds. Its latest funding round was a Series A round on Jun 24, 2026 for $*****. 1 investor participated in its latest round. RunPod has 4 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of RunPod:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 24, 2026 | 5542954 | Series A | 8571369 | 5873665 | 9213816 | 9842474 |
Nov 20, 2023 | 4462433 | Seed | 6040414 | 5940184 | 1505717 | |
Mar 2023 | 9758946 | Seed | 1068918 | 5361881 | 1986836 | 5723610 |
View details of RunPod's funding rounds and investors
RunPod's founders and board of directors
Founder? Claim ProfileHere are the details of RunPod's key team members:
- Pardeep Singh: Co-Founder & CTO of RunPod. Contact Info: 1 email address
- Zhen Lu: Co-Founder & CEO of RunPod. Contact Info: 1 email address
View details of RunPod's Founder profiles and Board Members
RunPod's employee count trend
RunPod has 106 employees as of Jun 26. Here is RunPod's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
RunPod's Competitors and alternates
Top competitors of RunPod include CoreWeave, Tuya and Hewlett Packard Enterprise. Here is the list of Top 10 competitors of RunPod, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | CoreWeave 2017, Livingston (United States), Public | Provider of cloud computing services for artificial intelligence workloads | $2.38B | 75/100 | |
2nd | Tuya 2014, Santa Clara (United States), Public | Provider of AI cloud platform services for smart product development | $200M | 74/100 | |
3rd | Hewlett Packard Enterprise 2015, Houston (United States), Public | Provider of edge-to-cloud solutions, products, and services for enterprise organizations | - | 73/100 | |
4th | Together AI 2022, San Francisco (United States), Series C | Provider of a platform for developing, fine-tuning, and deploying AI models | $1.33B | 73/100 | |
5th | Theta Token 2016, Cupertino (United States), Series A | Decentralized video delivery platform | $9.26M | 70/100 | |
6th | Rescale 2011, San Francisco (United States), Series D | Provider of high performance computing platform for engineering and science | $369M | 70/100 | |
7th | FluidStack 2017, New York City (United States), Series A | Provider of managed high performance computing clusters for artificial intelligence | $1.88B | 70/100 | |
8th | Cloud infrastructure for AI and gaming industry | $9M | 68/100 | ||
9th | exaBITS 2021, San Mateo (United States), Seed | Decentralized GPU computing infrastructure for AI workloads | $20M | 67/100 | |
10th | Provider of AI acceleration cloud system with infrastructure and services | $650M | 66/100 | ||
31st | RunPod 2022, Moorestown (United States), Series A | Provider of cloud GPU infrastructure for AI model development and deployment | $122M | 57/100 |
Looking for more details on RunPod's competitors? Click here to see the top ones
RunPod's Investments and acquisitions
RunPod has made no investments or acquisitions yet.
Reports related to RunPod
Here is the latest report on RunPod's sector:
News related to RunPod
Media has covered RunPod for a total of 5 events in the last 1 year, 2 of them have been about company updates.
•
Runpod Secures $100M Led by Summit Partners to Advance AI Developer CloudPR Newswire•Jun 24, 2026•Summit Partners, RunPod, Deloitte, Stephens and 2 others
•
AI storage moves into the spotlight as density, speed and margins convergeSiliconAngle•Mar 23, 2026•RunPod, VAST Data
•
Runpod Hits $120M ARR After Reddit Attention; Founders Zhen Lu and Pardeep Singh Secured $20M Seed RoundNewsdirectory3•Jan 17, 2026•RunPod, Dell Technologies Capital, Intel Capital, Intel and 1 other
•
•
Tech startup scaling AI models opens East Coast hub in Charlotte, plans to hireThe Business Journals•Nov 14, 2024•RunPod
•
•
Founded by Comcast alums, RunPod scores $20M funding round led by Intel and DellThe Business Journals•Jun 11, 2024•RunPod, Intel, Dell
•
RunPod secures $20M from Dell and Intel as demand soars for AI cloudsVentureBeat•May 08, 2024•RunPod, Intel, Dell, Intel Capital and 1 other
Are you a Founder ?
FAQs about RunPod
Explore our recently published companies
- Phoenix - Kolkata based, Unfunded company
- Miscellaneous Staffing - Kansas City based, 2020 founded, Unfunded company
- Malaysia Milk - Petaling Jaya based, Unfunded company
- Shaanxi Dideu Medichem - Austin based, Unfunded company
- Yrgo - Sweden based, Unfunded company
- Capvest Advisors - Switzerland based, Unfunded company