Gimlet Labs Raises $300M Series B at $3B Valuation

Gimlet Labs, based in San Francisco, is an applied AI research and product company specializing in multi-silicon inference cloud solutions for agentic AI. The company announced it has raised $300 million in Series B funding, bringing its total funding to $392 million and its valuation to $3 billion.

Investors

This round was led by Andreessen Horowitz. Additional participants included Sapphire Ventures, M12, Arm, Menlo Ventures, and Factory.

Gimlet Labs Use of Funds

Gimlet Labs intends to use the new capital to build out operations for its multi-silicon cloud platform and to continue expanding its team.

About Gimlet Labs

Founded in 2025, Gimlet Labs is headquartered in San Francisco and led by co-founder and CEO Zain Asgar. The company’s mission is to drive breakthrough improvements in AI performance by providing the industry's first multi-silicon inference software. Its platform disaggregates AI models to run each phase of inference on optimized hardware, improving throughput and latency for agentic AI workloads.

Funding Details

Company Website: https://gimletlabs.ai

Company: Gimlet Labs
Raised: $300M
Round: Series B
Funding Date: September 4, 2026
Lead Investor: Andreessen Horowitz
Additional Investors: Sapphire Ventures, M12, Arm, Menlo Ventures, Factory
Company Website: https://gimletlabs.ai/
Software Category: Artificial Intelligence
Source: https://www.globenewswire.com/news-release/2026/09/04/3356707/0/en/now-valued-at-3-billion-gimlet-labs-raises-300-million-in-series-b-led-by-andreessen-horowitz-for-industry-s-first-multi-silicon-inference-cloud-for-agentic-ai.html