BaseTen

BaseTen

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The ML Application Builder for data scientists. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$160—240m (Dealroom.co estimates Mar 2024.)
San Francisco California (HQ)

Financials

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Revenues, earnings & profits over time
USD2022
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EBITDA0000
Profit0000
EV / revenue00.0x
EV / EBITDA00.0x
R&D budget0000
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round
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$40.0m

Series B
Total Funding000k

Recent News about BaseTen

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Baseten is a startup that provides a comprehensive infrastructure for deploying and managing machine learning (ML) models. The company operates in the artificial intelligence (AI) and ML market, focusing on simplifying the deployment process for businesses that utilize these technologies. Baseten serves a variety of clients, including tech companies, data scientists, and ML engineers who need efficient and scalable solutions for their ML models.

The core offering of Baseten is its platform that allows users to choose from a library of popular open-source foundation models and deploy them with just two clicks. This ease of use is a significant advantage for businesses that want to implement ML solutions without the complexity typically involved in setting up and maintaining the necessary infrastructure.

Baseten's platform includes features such as autoscaling, which automatically adjusts the resources allocated to a model based on the current demand. This ensures that the models can handle variable traffic and high throughput efficiently. Additionally, the platform provides comprehensive monitoring tools that allow users to track performance over time and troubleshoot issues using detailed logs.

A unique aspect of Baseten's service is its open-source model packaging framework called Truss. Truss enables users to package any public or private model and deploy it to Baseten's platform using a command-line interface (CLI). This flexibility allows businesses to integrate their custom models seamlessly.

Baseten's business model is based on a usage-based pricing structure. Clients only pay for the time their models are actively deploying, scaling, or making predictions. This model ensures that businesses can manage their costs effectively while benefiting from high-performance ML infrastructure.

In summary, Baseten simplifies the deployment and management of ML models, serving tech companies, data scientists, and ML engineers. It operates in the AI and ML market, offering a platform with autoscaling, monitoring, and an open-source packaging framework. The company makes money through a usage-based pricing model.

Keywords: machine learning, AI, deployment, infrastructure, autoscaling, monitoring, open-source, Truss, usage-based pricing, scalability.

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