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Runpod

Moorestown, US · Founded 2022 · Delaware corporation · 591 employees on LinkedIn · 5 known investors

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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.

AI & Machine LearningCloud ComputingData & Infrastructure

Founders & leadership

Runpod was founded in 2022 by Zhen Lu and Pardeep Singh.

ZLZhen Lu
Zhen LuFounderZhen Lu is founder and executive officer at Runpod, an AI developer cloud providing on-demand GPU infrastructure for machine learning workloads.
PSPardeep Singh
Pardeep SinghFounder

Investors · 5

Humans Of The Internetlisted by Humans Of The Internet
Intel Capitallisted by Intel CapitalSanta Clara · $1M – $20M

How we know: Intel Capital's portfolio page · a partner's Signal profile · open dataset · 5k.vc investor directory · Not right? Tell us

Summit Partnerslisted by Summit PartnersBoston · $10M – $500M

How we know: Summit Partners's portfolio page · a partner's Signal profile · funding news · prnewswire.com · open dataset · 5k.vc investor directory · Not right? Tell us

PJCreportedProvidence · $500K – $1.5M

How we know: the VCSheet dataset · Not right? Tell us

Funding

SEC filings, press & company announcements

$218.5M disclosed across 3 rounds · 2023–2026

▶$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
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Related companies · 7

NVIDIANVIDIA 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 FaceHugging 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 cloudVast.ai provides on-demand access to GPUs and specialized compute hardware for running AI models and intensive computing workloads. The platform serves developers and organizations seeking lower-cost alternatives to major cloud providers with pay-per-second pricing and support for multiple GPU architectures.
NorthflankNorthflank 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.
DataCampDataCamp 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.
DockerDocker provides containerization and application development platform tools including sandboxes, governance, and security solutions for developers.
SpheronSpheron 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 working in the same space as Runpod.

In the news

Runpod Raises $100M in Fundingfinsmes.com · Jun 2026Runpod Raises $100M Led by Summit Partners to Accelerate the AI Developer Cloudprnewswire.com · Jun 2026

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 Dell Technologies Capital, Humans Of The Internet, Intel Capital, Summit Partners, PJC.
How much funding has Runpod raised?
Runpod has disclosed $218.5M raised across 3 rounds.
Where is Runpod headquartered?
Runpod is headquartered in Moorestown, US.