Lambda Labs is a private AI infrastructure company that provides cloud GPUs, on-prem hardware, and deep learning systems for training and inference. It was founded in 2012 and is headquartered in San Jose, California.
Access to pre-IPO shares is available to accredited investors through UpMarket.
Latest Price
$6B
Series E, Nov 2025, Perplexity
UpMarket Estimate
$7.0B
Based on UpMarket valuation model
Previous Price
$2.5B
Series D Feb 2025
How to Invest in Lambda Labs Through UpMarket
Lambda Labs shares are not on public exchanges. UpMarket provides accredited investors access through secondary market transactions.
Step 01
Verify accredited investor status
Confirm eligibility under SEC Rule 501 of Regulation D. Income or net worth threshold applies.
Step 02
Create an UpMarket account
Complete KYC/AML onboarding. Typically 1–2 business days. Licensed rep assigned on signup.
Step 03
Review available Lambda Labs offerings
Full offering memoranda and risk disclosures provided before any commitment is required.
Step 04
Complete subscription documents
Review and sign subscription agreement. All documents handled digitally through the platform.
Step 05
Fund your investment
Wire transfer or ACH. $50K minimum. Funds held in custodial account until close.
Pre-IPO investments are illiquid, speculative, and involve risk of total loss of capital.
$1.3B+
UpMarket has brokered over $1.3 billion in alternative investments*
*Includes principal invested and appreciation of investments originated via the UpMarket platform based on historical trade volume and valuation estimates through March 31, 2026. Of the total, approximately $301 million is managed by UpMarket Management, with the remaining originated investments managed by affiliates. Past performance is not predictive of future results.
Valuation Growth Over Time
Post-money valuation by round
Previous roundsMost recent
Date
Round
PPS (split-adj.)
Valuation
Nov 2025
Series E
$6B
Feb 2025
Series D
$2.5B
May 2023
Series C
$1.5B
Lambda Labs Revenue and Growth
Annual revenue
Why Investors Are Watching Lambda Labs
Growth Signal
Lambda said revenue reached $425M in 2024, up 70% YoY
Contrary Research says Lambda reported $425 million in revenue in 2024, versus $250 million in 2023, a 70% year-over-year increase. The same report says the company has raised more than $1.4 billion in equity and debt since 2012.
Competitive Moat
Lambda is building scale toward six-figure GPU deployment
In a recorded interview, Lambda said it operates in the middle tens of thousands of GPUs today and is targeting six-figure GPU deployment in the next year or two. The company also said it wants to keep data-center expansion and software stack development moving together.
Market Opportunity
Lambda targets the $47.4B AI infrastructure market
Contrary Research places Lambda in the GPU cloud services market, a segment of the broader AI infrastructure market valued at $47.4 billion in 2024. Bloomberg-reported fundraising talks in 2025 said the company was seeking several hundred million dollars at a possible $4 billion to $5 billion valuation.
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No. As of March 2026, Lambda Labs is a private company and does not trade on any public stock exchange. Accredited investors can access Lambda Labs shares through UpMarket, a FINRA-registered broker-dealer that specializes in pre-IPO investments.
Lambda Labs does not have a public stock price because it is privately held. The most recent known share price comes from its last funding round. Pre-IPO share prices on the secondary market may differ from the last round price depending on supply, demand, and market conditions.
Yes. Accredited investors can indicate interest in Lambda Labs shares through UpMarket by filling out the form on this page or creating an account at upmarket.co. All pre-IPO offerings are subject to availability and require a $50,000 minimum investment. UpMarket is a FINRA-registered broker-dealer and has brokered more than $500M in alternative investments since 2019.
Pre-IPO investments carry significant risks. Lambda Labs shares are illiquid, meaning there is no public market to sell them quickly. There is no guaranteed exit timeline or return. The investment is speculative in nature, and investors should be prepared for the possibility of total loss. Valuations of private companies can fluctuate substantially between funding rounds. Investors should consult their financial advisor and review all offering documents before investing.
In a pre-IPO transaction, accredited investors purchase shares from existing shareholders (such as employees, early investors, or other holders) through secondary market platforms. The company itself does not issue new shares in these transactions. UpMarket facilitates these trades as a FINRA-registered broker-dealer, handling compliance, documentation, and settlement on behalf of both parties.
There are two primary exit paths for pre-IPO holdings: selling your shares on the secondary market to another buyer, or holding until the company completes an IPO or is acquired. Both paths are subject to transfer restrictions, company approval (right of first refusal), and market conditions. The timing of any exit is unpredictable, and investors should plan for a multi-year holding period.
The minimum investment for most pre-IPO offerings on UpMarket is $50,000. This amount may vary depending on the specific offering and share availability. There are no fees to create an UpMarket account or browse available investments. Investors only pay transaction-related fees when they complete an investment.
UpMarket's valuation estimate of is derived from a proprietary model that incorporates multiple data sources: funding round data (Caplight), revenue estimates (Sacra), secondary market pricing, and public company comparables. The model applies a private company discount to the public comp multiple to account for illiquidity and information asymmetry. This estimate is not investment advice and may differ substantially from the price at which shares actually trade.
Lambda Labs provides cloud GPUs, on-prem hardware, and deep learning systems for AI training and inference, with revenue reaching $425M in 2024 and $520M in 2025; it is valued at $7.0B — accredited investors can access Lambda Labs stock through UpMarket.