Fal, also known as Features & Labels Inc., is an AI infrastructure company that provides developers with access to over 1,000 generative AI models for creating images, video, audio, and 3D content. Founded in 2021 by Burkay Gur and Gorkem Yurtseven, Fal began as a platform for optimizing Python runtimes to accelerate machine learning models. It has since evolved into a comprehensive platform that hosts and optimizes hundreds of models, offering both a web front-end and API access. Fal's platform serves as a serverless cloud for AI models, enabling developers to generate content with a single API call without the complexity of managing GPU infrastructure.
Fal's headquarters is in Anguilla, with another office in San Francisco. Burkay Gur serves as the Chief Executive Officer, and Gorkem Yurtseven is the CTO. Fal has raised approximately $447 million across 5 funding rounds. The company's latest funding round, a Series D investment of $250 million led by Kleiner Perkins and Sequoia Capital, valued the company at over $4 billion. Fal's revenue has seen rapid growth, with annual recurring revenue jumping from $10 million to $95 million in a year. Fal serves over 2 million developers and its platform handles over 50 million creations daily. Fal's customers include companies like Adobe, Canva, Shopify, and Perplexity.
