Ensemble Labs Inc (TrueFoundry)
TrueFoundry eliminates the complexity of AI infrastructure by creating self-sustaining systems where AI manages AI, enabling businesses to focus on innovation and deploy 10x faster.
Founding Story
Founded by former Meta engineers and a WorldQuant executive who previously built EntHire. They realized that while big tech has advanced ML infra, most companies struggle with complex deployments, leading them to create a developer-first platform for the ML lifecycle.
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Leadership
Founders
Nikunj Bajaj
CEO & Co-founder. Former Lead Machine Learning Engineer at Meta. Holds a Master's degree in Computer Science from UC Berkeley. Co-founded EntHire (acquired by Info Edge).
Abhishek Choudhary
CTO & Co-founder. Former Senior Staff Software Engineer at Meta. Co-founded EntHire (acquired by Info Edge).
Anuraag Gutgutia
COO & Co-founder. Former CEO Office & Vice President of Portfolio Management at WorldQuant. Co-founded EntHire (acquired by Info Edge).
Executive Team
Nikunj Bajaj
CEO & Co-Founder
Ex-Meta Lead ML Engineer, UC Berkeley alum, Serial Entrepreneur.
Abhishek Choudhary
CTO & Co-Founder
Ex-Meta Senior Staff Software Engineer, Serial Entrepreneur.
Business Model
Revenue Model
SaaS subscription with tiered pricing based on request volume and features.
Pricing Tiers
50k requests/month, 3 users, Universal API, RBAC, Playground.
1M requests/month, 10 users, semantic caching, routing policies, observability.
5M tool calls/month, 25 users, stricter data controls, SOC2, HIPAA.
10M+ requests/month, unlimited users, VPC/on-prem/air-gapped, GitOps, dedicated support.
Target Markets
- Enterprise Healthcare
- Fintech
- Gaming
- SaaS
- DeepTech
- AI Agent deployment
- Large-scale LLM governance
- MLOps automation
- GPU cost optimization
- Enterprise AI security
- Siemens Healthineers
- NVIDIA
- ResMed
- Innovaccer
History & Milestones
Launch of TrueMem, a model-agnostic memory layer for AI.
Raised $19 million in Series A funding led by Intel Capital.
Deployed over 1,000 ML clusters for global enterprises.
Raised $2.3 million in Seed funding led by Sequoia India's Surge.
Company founded by former Meta engineers and WorldQuant executive.
1 AI Tool by Ensemble Labs Inc (TrueFoundry)
Enterprise-ready AI Gateway and agentic deployment platform for governing, deploying, scaling, and tracing AI workloads across VPC, on-prem, hybrid, or public cloud environments.
