Report
Simplismart raises $14 million in Nvidia-backed Series B
TechCrunch reports Dallas Venture Capital led the round, valuing Simplismart at about $100 million including new funding.
TLDR
TechCrunch and Inc42 report Simplismart raised $14 million in a Series B led by Dallas Venture Capital, with Nvidia participating. Its software helps companies deploy and manage AI models on GPU infrastructure. Simplismart says its annualized revenue run rate grew 14-fold in six months; TechCrunch notes the figure reflects recent customer usage, not contracted recurring revenue. The startup plans to develop its platform and expand in North America.
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