How much funding has Fundamental raised?

Fundamental has raised $255.0M in total funding, most recently a Series A round.

Who are Fundamental's investors?

Fundamental's investors include Oak HC/FT, Valor Equity Partners, Battery Ventures, Salesforce Ventures.

When was Fundamental founded?

Fundamental was founded in 2024.

Where is Fundamental headquartered?

Fundamental is headquartered in San Francisco, California, United States.

What industry is Fundamental in?

Fundamental operates in Artificial Intelligence.

How many employees does Fundamental have?

Fundamental has 11-50 employees.

Fundamental

The Power to Predict

San Francisco, United States · Founded 2024 · $255.0M raised

Artificial Intelligence

Headquarters: San Francisco, California
Employees: 11–50
Founded: 2024
Business Model: B2B

Website: fundamental.tech
Total Funding: $255.0M
Last Round: $225.0M Series AFeb 2026
Rounds: 2

About

Fundamental is an AI lab that emerged from stealth in February 2026, developing large tabular models (LTMs) for structured enterprise data analysis. Its flagship model Nexus enables deterministic reasoning over extremely large datasets — spreadsheets with billions of rows — without transformer architecture. The company holds seven-figure contracts with Fortune 100 clients and a strategic partnership with AWS. CEO Jeremy Fraenkel. Backed by Oak HC/FT, Valor Equity Partners, Battery Ventures, and Salesforce Ventures.

Summary

Fundamental is an Artificial Intelligence company based in San Francisco, United States, founded in 2024. It has raised $255.0M in total across 2 rounds, most recently a $225.0M Series A round in Feb 2026. Investors include Oak HC/FT, Valor Equity Partners and Battery Ventures.