When was TrueFoundry founded?

TrueFoundry was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is TrueFoundry located?

TrueFoundry is headquartered in San Francisco, United States.

Who is the current CEO of TrueFoundry?

Nikunj Bajaj of TrueFoundry. They have also founded 1 company.

How many employees does TrueFoundry have?

As of May 31, 2026, the latest employee count at TrueFoundry is 109.

Is TrueFoundry a funded company?

TrueFoundry is a funded company, having raised a total of $21.3M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 22, 2022.

When was the latest funding round of TrueFoundry?

TrueFoundry's latest funding was a $***** Series A round on Dec 31, 2024, with participation from 8 investors. Its primary sector is AI Infrastructure. In United States, the AI Infrastructure sector has seen $243B in funding in 2026 to date.

Where does TrueFoundry rank among its competitors?

TrueFoundry ranks 6th amongst 590 active competitors, of which 58 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Parasail, which secured $32M in Apr, 2026.

Who are the top competitors of TrueFoundry?

TrueFoundry's top competitors include LangChain, Clarifai and Relevance AI. Among them, Parasail secured the most recent funding round in April, 2026.

TrueFoundry - 2026 Company Profile, Team, Funding & Competitors

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 590 active competitors, including 58 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

Series A, Dec 31, 2024, $*****

Investors

Intel Capital & 15 more

Ranked

6^th among 590 active competitors

Employee Count

109 as on May 31, 2026

Investment & Acquisitions

Seldon

Similar Companies

Fetch.ai & 1291 more

View TrueFoundry's full profile

TrueFoundry is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Ensemble Labs, Inc CIN: 871196675 , United States, Active	Dec 31, 2020	-	3 (As on Dec 31, 2024)	-

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	4360465	Series A	5663756	3213561	2875596	4656902
Aug 22, 2022	1696726	Seed	7553584	8429717	Peak XV Partners & 2 more	Naval Ravikant & 4 more

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View details of TrueFoundry's funding rounds and investors

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:

Anuraag Gutgutia: Co-Founder & COO of TrueFoundry.
Contact Info: 1 email address
Abhishek Choudhary: Co-Founder & CTO of TrueFoundry.
Contact Info: 1 email address
Nikunj Bajaj: Co-Founder & CEO of TrueFoundry.
Contact Info: 1 email address

View details of TrueFoundry's Founder profiles and Board Members

TrueFoundry's employee count trend

TrueFoundry has 109 employees as of May 26. Here is TrueFoundry's employee count trend over the years:

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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	LangChain 2022, San Francisco (United States), Series B	Developer of tools for building, testing, and deploying AI agent applications	$260M	Sequoia Capital, IVP & 13 others	70/100
2nd	Clarifai 2013, New York City (United States), Series C	Provider of AI based image and video recognition solution for multiple industries	$101M	Menlo Ventures, Google Ventures & 19 others	69/100
3rd	Relevance AI 2020, Sydney (Australia), Series B	AI-powered image data analytics platform	$37M	Insight Partners, Bessemer Venture Partners ... & 5 others	66/100
4th	Run:AI 2018, Tel Aviv (Israel), Acquired	Provider of AI workload orchestration and GPU management software solutions	$118M	Insight Partners, TLV Partners & 3 others	63/100
5th	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	62/100
6th	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	Jump Capital, Eniac Ventures & 14 others	62/100
7th	Parasail 2004, San Mateo (United States), Series A	Provider of a distributed inference network for artificial intelligence workloads	$42M	Touring Capital, Kindred Ventures & 7 others	55/100
8th	Clear Ml 2016, Israel, Series A	Provider of an open-source and cloud-based ML model development platform	$7M	MizMaa, Samsung Catalyst Fund & 8 others	55/100
9th	Kira 2025, Miami (United States), Seed	Provider of infrastructure for launching embedded fintech products with AI	$8.7M	Stellar, Rockstart & 5 others	54/100
10th	EdgeRunner AI 2024, San Francisco (United States), Series A	Developer of domain-specific artificial intelligence agents for military and enterprise	$17.5M	Four Rivers Group, Madrona & 2 others	54/100