FundedIQ
Artificial Intelligence

Lambda: Funding, Investors & Team (Oct 2026)

Lambda is a company that specializes in infrastructure for deep learning and enables faster progress for humanity. They offer GPU computation services to leading organizations in deep learning research and engineering globally.

lambdalabs.com LinkedIn San Francisco, United States 101-250 employees
Artificial Intelligence Cloud Computing GPU Hardware Machine Learning Software B2B Deep learning
Total raised
$1.6B
Rounds
5
Latest
Series E
Nov 2025

Lambda has raised $1.6B across 5 funding rounds on record, the most recent a Series E of $1.5B announced in Nov 2025.

That round is above the $6.0M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.

Lambda Company Profile and Key Stats

Total funding raised
$1.6B
across 5 rounds on record
Funding rounds on record
5
1 with no disclosed amount
Latest funding round
Series E
$1.5B in Nov 2025
Employees
101-250
reported band
Headquarters
San Francisco, United States

Latest funding round on record: Nov 2025.

Lambda Funding Rounds

Date
Round
Amount
Series E
$1.5B
Undisclosed round
Undisclosed
Series B
$44.0M
Undisclosed round
$39.7M
Undisclosed round
$15.0M

1 of 5 rounds was announced without a disclosed amount and is excluded from the total.

Lambda raised $15.0M in an undisclosed round announced in Jul 2021.

1.3 years later, an undisclosed round of $39.7M was announced in Nov 2022.

4 months later, a Series B of $44.0M was announced in Mar 2023.

1.7 years later, an undisclosed round was announced in Nov 2024 with no disclosed amount.

1 years later, a Series E of $1.5B was announced in Nov 2025.

Lambda Founders and Leadership Team

Name
Role
Contact
Michael Balaban
Founder
—
Stephen Balaban
CEO
Locked

Contact details for the Lambda team: 1 of 2 have an email address on file.

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Lambda Funding Compared to Other Artificial Intelligence Startups

Segment
Companies
Median round

Lambda's latest round of $1.5B is above the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.

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Lambda Funding FAQs

What does Lambda do?

Lambda is a company that specializes in infrastructure for deep learning and enables faster progress for humanity. They offer GPU computation services to leading organizations in deep learning research and engineering globally.

How much funding has Lambda raised?

Lambda has raised $1.6B across 5 rounds on record. The most recent is a Series E of $1.5B announced in Nov 2025.

When did Lambda last raise funding?

Lambda's most recent funding round on record is a Series E of $1.5B, announced in Nov 2025.

Who founded Lambda?

FundedIQ lists Michael Balaban (Founder) at Lambda.

Who is the CEO of Lambda?

Stephen Balaban is listed as CEO at Lambda.

Where is Lambda headquartered?

Lambda is based in San Francisco, California, United States.

How many employees does Lambda have?

Lambda is in the 101-250 employee band.

How does Lambda's funding compare to other Artificial Intelligence startups?

Lambda's latest round of $1.5B is above the $6.0M median round size for Artificial Intelligence companies on FundedIQ across 7,243 tracked companies over the last two years.

About FundedIQ's Lambda Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Lambda is left off this page rather than filled in.

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