Nvidia participated in Simplismart’s $14 million Series B, funding software that tunes AI model deployments to customer workloads and existing infrastructure.
Bengaluru-based Simplismart has raised $14 million in an all-primary Series B round that included Nvidia, the startup said on October 27. Dallas Venture Capital led the investment, with Accel, Shastra VC, Micromax, and Nvidia also participating. The round values the four-year-old company at about $100 million, including the new capital.
Simplismart sells software that sits between AI models and the computing systems running them. Its platform adjusts deployments to customer requirements, including response speed, request volume, and compute consumption. Customers can use it through Simplismart’s platform or within their own cloud and on-premises environments; the company also offers model fine-tuning, automatic resource scaling, and performance monitoring.
The startup says its tools helped AI video platform InVideo reduce GPU serving costs by 56%. Other customers named in the report include HeyGen, Higgsfield, and enterprise AI company Ema. Indian cloud provider Yotta also uses Simplismart technology for the serverless inference service in its Shakti Studio platform.
CEO and co-founder Amritanshu Jain told TechCrunch that annualized revenue run rate increased 14-fold over six months to an eight-figure amount. The figure reflects recent customer usage, not contracted recurring revenue, and excludes revenue passed through to infrastructure providers; Jain did not disclose an exact total. He said more than half of revenue comes from the United States, although Simplismart has more customers in India.
Nvidia has also worked with Simplismart on technical integrations, including those involving Nvidia’s Dynamo inference software, Jain said. The startup plans to use the funding to expand in the U.S., hire, and develop its software further. Its pitch is to help businesses tune the balance between cost, speed, and performance for particular applications, rather than simply maximize speed or minimize expense. It competes in a market that includes Nvidia’s own tools, major cloud providers, and other inference-focused startups.
