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Simplismart raises $14 Mn from Dallas Venture Capital, NVIDIA and others

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Simplismart raises $14 Mn from Dallas Venture Capital, NVIDIA and others

AI inference infrastructure startup Simplismart has raised $14 million in a Series B funding round led by Dallas Venture Capital, with participation from NVIDIA, Accel, Shastra VC and Micromax.

The fresh funds will be used to strengthen its inference engine and orchestration platform, expand its cloud provider network and support its growth across North America and other global markets.

Entrackr had earlier reported on the deal, which values the company at around $100 million post money. Previously, Simplismart raised $7 million in a Series A round in October 2024.

Founded by Amritanshu Jain, Simplismart provides infrastructure that helps enterprises deploy and run AI models while optimising inference costs, latency and GPU utilisation. Its platform also enables cloud providers to convert their GPU capacity into AI services for enterprise customers.

The company said its annualised revenue run rate grew 14X over the past six months. Its customers include HeyGen, Higgsfield, InVideo, Shiprocket, Apna and Ema, which use its platform for production workloads across video, voice, multimodal and enterprise AI applications.

Simplismart also works with cloud providers to offer managed AI inference services. At Yotta, its platform powers the serverless inference layer of Shakti Studio, which allows customers to run AI models without managing the underlying infrastructure.

Unlike inference providers that procure or reserve GPU capacity and resell it, Simplismart focuses on the software layer that enables third party GPU infrastructure to support production AI workloads. The company is also working with cloud providers and sovereign AI programmes across India, North America, the Middle East, Australia and East Asia.


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