TrueFoundry, a provider of an AI deployment and scaling platform, announced it raised $19 million in Series A funding.
Intel Capital led the investment round with existing investors Eniac Ventures and Peak XV’s Surge (formerly Sequoia Capital India & SEA), alongside new investor Jump Capital and several angel investors including Gokul Rajaram, Mohit Aron, and executives from Fortune 1000s.
In conjunction with the financing, Avi Bharadwaj, Investment Director at Intel Capital, will join TrueFoundry’s board of directors.
The Series A funding–which brings the company’s total financing to $21 million–will allow TrueFoundry to accelerate its mission toward building a universal platform to build and deploy AI applications with zero infrastructure hassles. It fuels growth in key areas, including team expansion and go-to-market efforts to drive customer acquisition and expansion.
Looking ahead, TrueFoundry aims to redefine AI deployment with its AI Agent—a proactive, self-sustaining system that anticipates and adapts. By automating workflows, optimizing resources, and resolving potential issues before they arise, the AI Agent ensures enterprises can deploy smarter, scale faster, and achieve AI-driven results with unprecedented efficiency.