AI infrastructure startup Simplismart has raised $14 Mn (around ₹133 Cr) in a Series B funding round led by Dallas Venture Capital, with participation from NVIDIA, Accel, Shastra VC, Micromax, and angel investors.
Dallas Venture Capital invested close to $5 Mn in the round, cofounder and CEO Amritanshu Jain told Inc42.
Simplismart plans to use the fresh capital to further develop its AI inference platform, deepen partnerships with cloud providers and sovereign AI players, and expand across North America and other global markets.
AI inference is the process of running trained models to generate responses or predictions.
Founded in 2022 by Jain and Devansh Ghatak, Simplismart builds the software layer between AI models and GPU infrastructure. Its inference engine lets businesses configure how models run based on their speed, cost, and performance requirements, while its orchestration platform manages deployment and scaling across cloud and on-premises infrastructure.
“We have spent four years building the software layer between the model and the GPU, helping customers optimise how their workloads are deployed and operated. This funding will allow us to take that platform to more enterprises and cloud providers globally,” Jain said.
The funding will also support the development of a dynamic GPU scheduling layer to match AI workloads with available computing capacity across regions and time zones, cofounder and CTO Ghatak said.
Jain said Simplismart offers three deployment and pricing models: shared endpoints, dedicated endpoints, and bring-your-own-compute deployments.
Under the shared endpoint model, customers pay based on token consumption, without a minimum fee.
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