Tensormesh
by Tensormesh
KV-cache-native LLM inference that bills cached input tokens at $0
Tensormesh is an inference platform from the maintainers of LMCache that persists and reuses the key-value cache LLM servers normally throw away after every request. It targets AI platform and infrastructure teams running agentic, RAG or long-conversation workloads, where the same system prompt, document set or chat history is reprocessed on every call and dominates the GPU bill.
Tensormesh commercialises LMCache, the open-source KV-caching engine created and maintained by its co-founders, with roughly 11.7k GitHub stars, 1.8k forks and an Apache 2.0 licence. The insight is that a standard LLM server discards its key-value cache after each query, so every request recomputes the same system prompts, retrieved documents and conversation history from scratch; CEO Junchen Jiang describes it as an analyst who forgets everything after each question. LMCache instead persists that cache and tiers it across GPU, CPU, local disk and remote backends, sharing it across sessions and replicas, and integrates with vLLM, SGLang, TensorRT, AWS SageMaker and Oracle OCI Data Science. The commercial product, Tensormesh Inference, became generally available on 27 May 2026 alongside a $20 million funding round from AMD Ventures, CoreWeave, NVIDIA's NVentures, Valley Capital Partners and Laude Ventures, taking total funding to $24.5 million after a $4.5 million seed led by Laude in October 2025. It ships in two shapes: serverless inference behind an OpenAI-compatible API across 15+ open-weight models from Qwen, OpenAI, DeepSeek, Google, Moonshot, Z.ai, Mistral and MiniMax with 128K–1M context windows, and reserved deployments with dedicated capacity and custom containers. The commercial hook is that cached input tokens are billed at $0, with a dashboard exposing cache hit rates, time-to-first-token, inter-token latency and throughput. Tensormesh claims up to 10x reductions in latency and GPU spend, with hit rates frequently above 70% in tuned deployments. An on-premises product, Tensormesh Operator, is announced but not yet shipped.
The AI infrastructure or platform engineering lead running self-managed open-weight inference for agentic or RAG workloads, whose GPU bill is dominated by re-processing the same context on every request.
Repeated context is served from cache and billed at $0, cutting time-to-first-token and GPU spend on high-reuse workloads without rewriting the application.
At a Glance
- Category
- Infrastructure & Cloud
- Pricing
- Usage-based, Subscription
- Target Market
- CTOs, VP Engineering, AI Infrastructure Engineers, ML Platform Teams, Enterprise Developers
- Deployment
- Cloud-only, API-based, Open-source
- Headquarters
- Foster City, California, United States
- Team Size
- 11-50
Key Features
- ✓Persistent cross-request KV caching
Stores and reuses the key-value cache between requests and sessions instead of discarding it, so repeated context is never recomputed
- ✓Tiered cache offload
Spills cache across GPU, CPU, local disk and remote backends so reuse is not bounded by GPU memory on a single replica
- ✓Cached tokens billed at $0
Input tokens served from cache are not charged, so cost per request falls as context reuse in the workload rises
- ✓OpenAI-compatible serverless API
Drop-in endpoint across 15+ open-weight models with 128K to 1M context windows, so migration is a base-URL change rather than a rewrite
- ✓Reserved GPU capacity
Dedicated H200 replicas at a published hourly rate with custom containers and beta autoscaling for predictable production performance
- ✓Cache and latency observability
Dashboard reports cache hit rate, token-level cost breakdown, time-to-first-token, inter-token latency and throughput so savings are verifiable
Capabilities
Use Cases
- •Cutting agent loop cost
An agent replaying a long tool-call log each step reuses the cached prefix, so only the new turn is billed and computed
- •High-volume RAG serving
Shared document chunks stay cached across users, dropping time-to-first-token and removing repeated prefill work from the GPU bill
- •Long-context document assistants
A 256K-token contract stays cached across a whole review session instead of being re-ingested on every follow-up question
- •Migrating off a general inference provider
Teams point an existing OpenAI-compatible client at Tensormesh and measure hit rate and spend before committing reserved capacity
- •Self-hosted vLLM cost tuning
Platform teams adopt open-source LMCache first for tiered cache offload, then move to the hosted platform if operating it proves costly
Ideal For
Best For
- ✓Agentic workloads where each step replays a growing tool-call and observation log through the model
- ✓RAG systems that resubmit the same retrieved document chunks across many user questions
- ✓Multi-turn chat and support assistants whose conversation history is reprocessed on every turn
- ✓Teams on vLLM or SGLang who want tiered KV-cache offload to CPU, disk and remote storage without building it in-house
- ✓Cost-sensitive open-weight deployments where cached-token billing at $0 changes the unit economics
Not Ideal For
- ✗Workloads with little repeated context — one-shot classification, short unique prompts or embeddings see little benefit, and Tensormesh itself frames the 10x as workload-dependent
- ✗Enterprises that need frontier closed models: the catalog is open-weight only, so GPT and Claude workloads are out of scope
- ✗Regulated buyers who need on-premises today, since Tensormesh Operator is still listed as coming soon
- ✗Teams already comfortable operating vLLM with LMCache themselves, who can get most of the caching benefit for free under Apache 2.0
Integrations
Deployment
Market Analysis
Pros
- ✓The open-source foundation is genuinely adopted: LMCache is at ~11.7k GitHub stars under Apache 2.0 with integrations into vLLM, SGLang, TensorRT, SageMaker and Oracle OCI
- ✓Cached-token-free billing makes the savings claim auditable — you can compare invoices rather than trust a benchmark
- ✓Strategic investor set (AMD, NVIDIA, CoreWeave) suggests the caching layer is being pulled toward the hardware and neocloud stack
- ✓OpenAI-compatible endpoint means evaluation costs a base-URL change, not a re-architecture
Cons
- ✗The 10x latency and cost claim is entirely workload-dependent; Tensormesh's own site hedges it as varying with workload characteristics, and low-reuse workloads will see little
- ✗Tensormesh Operator, the on-premises option regulated buyers need, is announced but not shipped — today the commercial product is hosted SaaS only
- ✗No independent review corpus at all: nothing on G2, Capterra or TrustRadius, and Hacker News has threads on LMCache but none on Tensormesh
- ✗The underlying engine has real edge cases — LMCache carries 205 open issues, and an August 2026 public bug report describes it returning zeros while reporting a 98% cache hit rate
- ✗No SOC 2, ISO 27001 or data-residency documentation is publicly available beyond an empty-shell trust portal
Pricing
Serverless inference
From $0.07 per 1M input tokens
- ✓Cached input tokens billed at $0
- ✓OpenAI-compatible API
- ✓15+ open-weight models, 128K–1M context
- ✓No capacity planning
Reserved capacity (H200)
From $2.50/GPU-hour
- ✓Dedicated replicas
- ✓Custom containers
- ✓Beta autoscaling via Nebius and Yotta
- ✓Predictable performance
Tensormesh Operator (announced, not yet available)
Contact for pricing
- ✓On-premises context caching for a customer's own AI stack
Pricing is published per million tokens and varies by model: Qwen3 30B at $0.15 input / $0.60 output, OpenAI gpt-oss-20b at $0.07 / $0.28, Mistral Devstral-2 123B at $0.50 / $2.00, rising to $0.60 / $3.60 for a 397B Qwen model. Cached input tokens cost $0.00, which is the whole commercial pitch, so real cost depends entirely on your cache hit rate rather than a headline rate. Reserved H200 capacity is $2.50/GPU-hour, roughly $1,825/month for one continuously running replica. No free tier, trial credits or published enterprise tier are listed.
Security & Compliance
Connect
Sources
This page was written from 6 sources, 3 on domains other than tensormesh.ai.
- 1.tensormesh.ai — tensormesh.aivendor
- 2.tensormesh.ai — pricingvendor
- 3.tensormesh.ai — tensormesh raises 20m launches inference platformvendor
- 4.techcrunch.com — tensormesh raises 4 5m to squeeze more inference out of ai s
- 5.pulse2.com — tensormesh 20 million raised to scale kv caching infrastruct
- 6.github.com — LMCache
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