Replicate is a San Francisco, CA–based provider of a platform for open source machine learning models. The platform enables users to run and refine open-source models with an API and to deploy custom models at scale with one line of code. Replicate's core product simplifies model execution, iteration, and deployment for developers and teams working with open-source models. The company plans to use the funds to expand operations and accelerate development efforts. In June 2023 Replicate raised $40M in a Series B led by Andreessen Horowitz. Replicate provides a library of open-source ML models and a platform that auto-generates API servers for custom models, deployed on a large GPU cluster. Core to the product is Cog, an open-source tool the founders built to package models in a production-ready container format that runs on macOS, Linux or Windows 11. The platform scales to handle traffic bursts and can scale down to zero, billing users only for runtime, and supports diffusion, video, upscaling, image-to-text and text-to-image models. Replicate launched out of stealth with $17.8 million in venture funding and reports strong usage growth: 149% month-over-month active user growth and 125% growth in API calls since mid-last year. Enterprise customers named in the article include Character.ai, Labelbox and Unsplash. The company positions itself to improve developer experience around generative AI and to make machine learning accessible to software engineers with minimal ML expertise.

Total raised

$58M

Funding rounds

3

Latest round

Series B

Latest activity

Dec 2023