Runpod
Moorestown, US · Founded 2022 · Delaware corporation · 3 known investors
Runpod is an AI developer cloud that provides on-demand GPU infrastructure for experimenting with, training, fine-tuning, deploying, and scaling machine learning models. It offers autoscaling serverless GPU endpoints, persistent GPU pods, and multi-GPU clusters for AI developers and teams running inference and training workloads.
Founders & leadership
Runpod was founded in 2022 by Zhen Lu and Pardeep Singh.
ZL
Zhen LuCo-founder
PS
Pardeep SinghCo-founder
Investors · 3
Funding
SEC filings, press & company announcements$118.5M disclosed across 2 of 3 rounds · 2023–2026
- Undisclosed amountSeries AJun 2026
Summit Partners (lead)
Source ↗ - $100MraisedJun 2026 · 5 sources
Summit Partners (lead)
Source ↗
▶$18.5MraisedDec 2023 · 13 investors · Other TechnologyRule 506(b)
▶$18.5MraisedDec 2023 · 13 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Zhen LuExecutive Officer, Director
- Pardeep SinghExecutive Officer, Director
- Offering amount
- $22.5M
- Amount sold
- $18.5M
- First sale
- Nov 2023
- Incorporated
- Corporation, Delaware, 2022
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 8
by search overlapNVIDIA1326 shared keywordsNVIDIA designs GPUs, AI computing hardware, and software platforms for AI development, data centers, autonomous vehicles, and robotics, serving developers, researchers, and enterprises. Its offerings include AI models, power architecture for AI factories, and compute infrastructure used across industries such as manufacturing, healthcare, and automotive.
Hugging Face720 shared keywordsHugging Face is a collaboration platform that hosts and provides access to machine learning models, datasets, and applications. It offers both open-source tools for the ML community and paid compute and enterprise solutions for teams building AI applications.
Vast.AI GPU compute cloud577 shared keywordsVast.ai operates a marketplace for on-demand GPU compute, offering pricing set by supply and demand across 20,000+ GPUs and 40+ data centers with API, CLI, and Python SDK access. It provides GPU Cloud instances, serverless inference endpoints, and dedicated multi-node clusters for developers and AI teams running training, inference, fine-tuning, and rendering workloads.
Northflank512 shared keywordsNorthflank is a developer platform for deploying and running application workloads across cloud providers (AWS, Azure, Google) and bare-metal without infrastructure management or vendor lock-in. It targets software engineers and ops teams building and shipping cloud-native applications.
DataCamp504 shared keywordsDataCamp is a learning platform for teams that teaches data and AI skills through hands-on coursework accessible via web browser and mobile app. It serves enterprise customers and development teams seeking to build technical capabilities.
Docker473 shared keywordsDocker provides containerization and application development platform tools including sandboxes, governance, and security solutions for developers.
Netezza373 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
Spheron367 shared keywordsSpheron operates a GPU cloud marketplace that aggregates compute capacity from certified data centers worldwide, offering NVIDIA GPUs (H100, H200, B200, A100) at 40-60% below hyperscaler pricing. The platform serves AI training teams and ML builders with on-demand GPU instances, reserved capacity, and custom cluster sourcing across multiple providers through a single dashboard.
Companies competing with Runpod for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Runpod do?
- Runpod is an AI developer cloud that provides on-demand GPU infrastructure for experimenting with, training, fine-tuning, deploying, and scaling machine learning models. It offers autoscaling serverless GPU endpoints, persistent GPU pods, and multi-GPU clusters for AI developers and teams running inference and training workloads.
- Who founded Runpod?
- Runpod was founded by Zhen Lu, Pardeep Singh in 2022.
- Who are Runpod's investors?
- Runpod's investors include Intel Capital, Summit Partners, PJC.
- How much funding has Runpod raised?
- Runpod has disclosed $118.5M raised across 2 of its 3 known rounds.
- Where is Runpod headquartered?
- Runpod is headquartered in Moorestown, US.