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TrueFoundry - About the company

TrueFoundry is a series A company based in San Francisco (United States), founded in 2021 by Anuraag Gutgutia, Abhishek Choudhary and Nikunj Bajaj. It operates as a Provider of an enterprise-grade AI gateway that encompasses LLM gateway, MCP gateway, and agent gateway. TrueFoundry has raised $21.3M in funding from investors like Intel Capital, Eniac Ventures and Peak XV Partners. The company has 691 active competitors, including 66 funded and 3 that have exited. Its top competitors include companies like LangChain, Clarifai and Relevance AI.

Company Details

Provider of an enterprise-grade AI gateway that encompasses LLM gateway, MCP gateway, and agent gateway. This enables enterprises to connect, observe, and govern agentic AI applications across providers from a single control plane.
Key Metrics
Founded Year
2021
Location
San Francisco, United States
Stage
Series A
Total Funding
$21.3M in 2 rounds
Latest Funding Round
Ranked
Employee Count
123 as on Jun 30, 2026
Investment & Acquisitions
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TrueFoundry's funding and investors

TrueFoundry has raised a total funding of $21.3M over 2 rounds. Its first funding round was on Aug 22, 2022. Its latest funding round was a Series A round on Dec 31, 2024 for $*****. 8 investors participated in its latest round. TrueFoundry has 7 institutional investors and 9 angel investors.

Here is the list of recent funding rounds of TrueFoundry:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 31, 2024
5176897
Series A
7616373
9959177
9895066
2630028
Aug 22, 2022
8144240
Seed
7982705
4185421
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TrueFoundry's founders and board of directors

Founder? Claim Profile
The founders of TrueFoundry are Anuraag Gutgutia, Abhishek Choudhary and Nikunj Bajaj. Nikunj Bajaj is the CEO of TrueFoundry.
Here are the details of TrueFoundry's key team members:

TrueFoundry's employee count trend

TrueFoundry has 123 employees as of Jun 26. Here is TrueFoundry's employee count trend over the years:
Employee count trend for TrueFoundry
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TrueFoundry's Competitors and alternates

Top competitors of TrueFoundry include LangChain, Clarifai and Relevance AI. Here is the list of Top 10 competitors of TrueFoundry, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for LangChain
LangChain
2022, San Francisco (United States), Series B
Developer of tools for building, testing, and deploying AI agent applications
$260M
70/100
2nd
Logo for Clarifai
Clarifai
2013, New York City (United States), Series C
Provider of AI based image and video recognition solution for multiple industries
$101M
69/100
3rd
Logo for Relevance AI
Relevance AI
2020, Sydney (Australia), Series B
AI-powered image data analytics platform
$37M
66/100
4th
Logo for Run:AI
Run:AI
2018, Tel Aviv (Israel), Acquired
Provider of AI workload orchestration and GPU management software solutions
$118M
63/100
5th
Logo for Union.ai
Union.ai
2021, Seattle (United States), Series A
Developer of a platform for orchestrating, training, and serving AI
$48.1M
62/100
6th
Logo for TrueFoundry
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
62/100
7th
Logo for Parasail
Parasail
2004, San Mateo (United States), Series A
Provider of a distributed inference network for artificial intelligence workloads
$42M
55/100
8th
Logo for Clear Ml
Clear Ml
2016, Israel, Series A
Provider of an open-source and cloud-based ML model development platform
$7M
55/100
9th
Logo for Kira
Kira
2025, Miami (United States), Seed
Provider of infrastructure for launching embedded fintech products with AI
$8.7M
54/100
10th
Logo for EdgeRunner AI
EdgeRunner AI
2024, San Francisco (United States), Series A
Developer of domain-specific artificial intelligence agents for military and enterprise
$17.5M
54/100
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TrueFoundry's Investments and acquisitions

TrueFoundry has acquired Seldon. TrueFoundry has not made any investments as of now.

Reports related to TrueFoundry

Here is the latest report on TrueFoundry's sector:

News related to TrueFoundry

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Media has covered TrueFoundry for a total of 16 events in the last 1 year, 9 of them have been about company updates and 2 about partnerships.
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