Predibase

P
Predibase
  • Headquarters

    San Francisco, CA
  • Founded

    2021
  • CEO / Founder

    Devvret Rishi
  • Employees

    11-50
  • Funding

    Acquired — $28.45M
  • Products

    0 products listed

Profile updated

Products
0
Avg AI Score
/10
Founded
2021
Funding
$28.4M
About Predibase

Predibase was founded in 2021 by Devvret Rishi (CEO), Piero Molino (Chief Science Officer), and Travis Addair (CTO), drawing on their backgrounds in machine learning infrastructure at companies including Uber and Google. The company is headquartered in San Francisco, California.

The platform enables teams to fine-tune open-source language models such as Llama and Mistral using LoRA (Low-Rank Adaptation) techniques, allowing multiple customized adapters to run on a shared base model simultaneously. This architecture reduces GPU costs compared to hosting separately fine-tuned models. Predibase served enterprise customers across software, fintech, and healthcare with APIs covering training, deployment, and inference.

Predibase raised $28.45 million across two rounds: a $16.25 million Series A led by Greylock in May 2022, and a $12.2 million extension led by Felicis Ventures in May 2023. The company employed approximately 25 people at the time of acquisition. In June 2025, Rubrik announced its agreement to acquire Predibase in a deal reportedly valued between $100 million and $500 million, with plans to integrate the technology into Rubrik's Annapurna AI platform for agent monitoring and governance.

Specialties
LLM fine-tuningLoRA adaptationModel servingAI infrastructureLLM inferenceAgent monitoringAI governanceOpen-source MLEnterprise AI
Financials

Dated, source-cited figures. Estimates are marked.

Total Raisedest.
$28.4M
Total Raised over time
$16.3M(May 2022, est.)$28.4M(May 2023, est.)

No products listed yet for this company.

Competitive Landscape

Who Predibase competes with, and how they differ.

Together AI logo
Together AI8.0/10

Runs a public serverless inference API and hosted fine-tuning service (including LoRA) across 100+ open-source models, competing on model-catalog breadth and self-serve API access rather than Predibase's more enterprise-deployment-focused fine-tuning product.

1 product reviewed on TopReviewed
Fireworks AI logo
Fireworks AI8.0/10

Offers serverless inference plus LoRA-based fine-tuning for open-source and custom LLMs with a focus on low-latency serving speed, directly overlapping with Predibase's fine-tune-and-serve stack but without Predibase's VPC/on-prem deployment options.

1 product reviewed on TopReviewed
Baseten logo
Baseten8.0/10

Focuses on deploying and autoscaling custom or fine-tuned models of any type (not LLM-specific) on its own inference runtime, overlapping with Predibase's serving layer but with no built-in LoRA fine-tuning workflow.

1 product reviewed on TopReviewed
Replicate logo
Replicate8.0/10

Lets developers run and fine-tune open-source models through a simple hosted API billed per second of compute, skewing toward prototyping and indie developers versus Predibase's enterprise fine-tuning contracts.

1 product reviewed on TopReviewed
Anyscale logo
Anyscale8.0/10

Commercializes the open-source Ray framework for distributed model training and serving (including LLMs via RayLLM), competing on self-managed, large-scale infrastructure rather than Predibase's packaged LoRA fine-tuning product.

1 product reviewed on TopReviewed
Modal logo
Modal8.2/10

General-purpose serverless GPU compute for arbitrary Python workloads; teams build their own custom training/inference pipelines on Modal rather than using Predibase's packaged fine-tuning and serving product.

1 product reviewed on TopReviewed
Company Timeline

Key milestones in Predibase's history, with sources.

  1. Acquisition

    Rubrik agrees to acquire Predibase

    Rubrik, Inc. (NYSE: RBRK) agreed to acquire Predibase, which will become a wholly owned subsidiary; disclosed in Rubrik's SEC Form 8-K. Certain Predibase shareholders representing ~77% of consideration elected Rubrik Class A stock at signing, with 77-90% of total consideration expected to be paid in stock. CNBC reported the deal price at between $100 million and $500 million (not officially disclosed by either company).

    sec.gov
  2. Launch

    Launches LoRA Land: 25 fine-tuned open-source LLMs

    Predibase released LoRA Land, a collection of 25 open-source LLMs fine-tuned with its LoRAX framework for specific tasks (e.g. summarization, code generation), claiming they could rival or outperform GPT-4 on those tasks. Predibase said the 25 models were fine-tuned at an average GPU cost of under $8 each.

    siliconangle.com
  3. Funding

    Raises $12.2M Series A extension led by Felicis Ventures

    Predibase announced a $12.2 million expansion to its 2022 Series A, led by Felicis Ventures, bringing total funding to $28.45 million. The round coincided with general availability of LLM fine-tuning and deployment features, including its LudwigGPT model and a "Data Science Copilot."

    techcrunch.com
  4. Funding

    Exits stealth with $16.25M Series A led by Greylock

    Predibase emerged from stealth with $16.25 million in Series A funding led by Greylock, with participation from The Factory and angel investors including Kaggle CEO Anthony Goldbloom and former Intel AI COO Remi El-Ouazzane. Co-founders Piero Molino and Travis Addair had created and maintained Uber's open-source Ludwig and Horovod ML frameworks; the founding team also included former Google Cloud AI product manager Devvret Rishi and Stanford professor Chris Ré.

    techcrunch.com
  5. Founded

    Predibase founded by Devvret Rishi and co-founders

    Devvret Rishi co-founded Predibase in 2021, initially serving as chief product officer before taking over as CEO in 2023.

    crn.com

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