Hosted.ai raises $19M seed round

Most of the hardware powering AI is sitting doing nothing. More than half the time, it's unused. And the industry's answer has been to buy more – more hardware, more spend, more of the same.

Ditlev has been on the inside of that problem. Before founding Hosted.ai, he spent years running infrastructure as a service provider himself at OnApp, where the team built software for the exact same market they're now building for again. He knew what wasn't working – and why nobody was fixing it.

In 2024, Ditlev, Narendar, James and Julian founded Hosted.ai to give service providers a platform that gets more out of the GPU capacity they already have – and helps them build a profitable business doing it. Today they're working with customers across the US, Europe and Asia.

We met them last year. Four people who've spent 15 years building infrastructure together – across the dotcom era, the cloud era, and now the GPU era. They knew the market, they knew the customers, and they knew each other.

Eleven months after that pre-seed round, they're raising their seed round with Creandum and Repeat.vc. Before the round closed, Ditlev wrote on LinkedIn that a funding announcement is a promise. You have the backing to do what you said you'd do. The question is whether you keep it.

So, we asked him: what is yours?

 ”This funding lets us move faster: more platform, more partners, more regions. We’re building the operating system for the GPU economy, and this round puts us in a strong position to do exactly that.” 

– Ditlev, CEO & Co-founder, Hosted.ai