Fundamental
Summary active Updated Mar 24, 2026This profile is AI-generated. If you spot an error, please help us fix it by sharing a URL to the correct information.
Investors
Founders
About
Fundamental is a U.S.-based AI company with R&D operations in Israel, founded in October 2024 by former DeepMind researchers Jeremy Fraenkel and Gabriel Suissa 12. The company builds Large Tabular Models (LTMs) — AI models designed for enterprise tabular data to drive predictions, as opposed to large language models 1. Its flagship product NEXUS helps enterprises predict outcomes in areas like price optimization, fraud detection, and healthcare 2. The company emerged from stealth as a $1.2B unicorn in February 2026 2.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| ~2025 | Seed | $30M | — | — 1 |
| 2026-02-05 | Series A | $225M | Oak HC/FT | Valor Equity Partners, Battery Ventures, Salesforce Ventures, Hetz Ventures 134 |
Total raised: $255M. Valued at $1.2B (some sources report $1.4B) as of February 2026 12. Notable angel investors include Aravind Srinivas (Perplexity CEO), Assaf Rappaport (Wiz CEO), Henrique Dubugras (Brex co-founder), and Olivier Pomel (Datadog CEO) 1.
What Investors Say
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What Founders Say
No independently sourced founder testimonials found.
Sources
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BusinessWire, “Fundamental Announces $255M in Funding and Publicly Launches its Most Powerful Large Tabular Model (LTM),” February 5, 2026, accessed March 2026. https://www.businesswire.com/news/home/20260205966141/en/Fundamental-Announces-$255M-in-Funding-and-Publicly-Launches-its-Most-Powerful-Large-Tabular-Model-LTM↩↩↩↩↩↩
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Calcalist Tech, “Fundamental exits stealth as $1.2 billion unicorn, armed with $255 million for tabular AI,” February 2026, accessed March 2026. https://www.calcalistech.com/ctechnews/article/hktlfm7vbx↩↩↩↩
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SiliconANGLE, “Fundamental launches with $255M and an AI model optimized for tabular data,” February 5, 2026. Accessed July 2026. https://siliconangle.com/2026/02/05/fundamental-launches-255m-ai-model-optimized-tabular-data/ — Independent tier-1 tech press confirms February 5, 2026 launch with $30M seed + $225M Series A led by Oak HC/FT; Battery Ventures, Valor Equity Partners, Salesforce Ventures, and Hetz Ventures participated. ↩
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TechCrunch, “Fundamental raises $255M Series A with a new take on big data analysis,” February 5, 2026. Accessed July 2026. https://techcrunch.com/2026/02/05/fundamental-raises-255-million-series-a-with-a-new-take-on-big-data-analysis/ — Third independent tier-1 confirmation of $225M Series A on February 5, 2026 led by Oak HC/FT with Battery Ventures, Valor Equity Partners, Salesforce Ventures, and Hetz Ventures participating; angels include Aravind Srinivas (Perplexity), Assaf Rappaport (Wiz), Henrique Dubugras (Brex), Olivier Pomel (Datadog). ↩