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OctoML

Seattle, WA, United States Artificial Intelligence Acquired

OctoML (rebranded as OctoAI) was an AI infrastructure platform for deploying, running, and scaling generative AI models efficiently. Founded in 2019 by creators of Apache TVM, the company provided OctoStack—a production-grade toolkit for model deployment across on-premises hardware and cloud environments. OctoAI was acquired by NVIDIA in September 2024.

Acquired

OctoML has been acquired

Acquired by NVIDIA September 30, 2024 $250M

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2019

Employees

51–200

Total Funding

$128M

3 rounds

Latest Valuation

$0.85B

November 1, 2021

Funding

Total raised $128M across 3 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series C

Date

November 1, 2021

Amount

$85M

Valuation

$0.85B

Lead Investors

Tiger Global Management
DateRoundAmount RaisedValuationLead Investors
November 1, 2021 Series C $85M $0.85B Tiger Global Management
March 2021 Series B $28M Addition
2020 Series A $15M Amplify Partners

Prominent Investors

Tiger Global Management Addition Madrona Venture Group Amplify Partners

Leadership

  • Luis Ceze

    Co-founder & CEO

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Hugging Face

    AI model hub and inference platform for deploying and scaling generative models

  • Replicate

    Cloud API for running machine learning models with pay-per-use pricing

  • Modal

    Infrastructure platform for building and scaling AI applications

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