Existing investors Eniac Ventures and Peak XV's Surge (formerly Sequoia Capital India & SEA) participated, alongside new investor Jump Capital and several angel investors including Gokul Rajaram, Mohit Aron, and executives from Fortune 1000s. In conjunction with the financing, Avi Bharadwaj, Investment Director at Intel Capital, will join TrueFoundry's board of directors.

TrueFoundry is an enterprise platform as a service that empowers enterprise AI/ML teams to build, deploy, and manage large language model applications at scale with speed, cost-efficiency, and robust governance. Designed for full-stack data scientists, it simplifies the end-to-end AI deployment process, offering features like auto-scaling, proactive maintenance, and centralized access controls. TrueFoundry's vision is to create a self-sustaining AI ecosystem where AI manages AI, driving unparalleled speed, scale, and innovation for businesses.