Simplismart’s $7m Series A backed enterprise AI deployment
Accel led the October 2024 round, with Shastra VC, Titan Capital and Akshay Kothari participating.
The October 2024 financing
Simplismart announced a $7 million Series A on October 17, 2024. Accel led the round, joined by Shastra VC, Titan Capital and individual investors including Notion co-founder Akshay Kothari.
The capital was earmarked for research, development and growth of its enterprise MLOps orchestration platform.
Software for deploying AI models
The Bengaluru company built tools for fine-tuning, deploying and monitoring models across infrastructure environments. Its software helps engineering teams manage the trade-offs between inference performance, cost and deployment control.
Co-founders Amritanshu Jain and Devansh Ghatak started Simplismart in 2022 after working at Oracle and Google respectively.
Use of funds
Research and development
Grow the enterprise MLOps orchestration platform