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§ Private Profile · San Francisco, CA, USA
Develops AI foundation models optimized for structured tabular data, serving enterprises for big data insights and forecasting.
Fundamental develops artificial intelligence foundation models optimized for structured tabular data, addressing the limitations of traditional large language models in analyzing enterprise information. The company's flagship product, Nexus, is a deterministic large tabular model that enables enterprises to perform complex analytical tasks like customer churn forecasting without relying on standard transformer architectures. Operating with a post-money valuation of $1.4 billion, the organization has raised $255 million in total funding, which includes a $225 million Series A round. Fundamental has secured multiple seven-figure contracts with Fortune 100 companies and established a strategic cloud deployment partnership with AWS. The company is backed by prominent venture capital firms including Oak HC/FT, Salesforce Ventures, Battery Ventures, and Valor Equity Partners. The enterprise software company emerged from stealth in 2026 and is led by founder and chief executive officer Jeremy Fraenkel.
Fundamental has raised $255.0M across 1 funding round.
Key people at Fundamental.
Fundamental specializes in overcoming the core challenges of machine learning, particularly within large-scale tabular systems, to enhance accuracy and reliability.
Fundamental empowers businesses by providing solutions that help them achieve greater accuracy and certainty in their operations, effectively turning uncertain outcomes into more predictable results.
Fundamental specializes in overcoming the core challenges of machine learning, particularly within large-scale tabular systems, to enhance accuracy and reliability.
Fundamental empowers businesses by providing solutions that help them achieve greater accuracy and certainty in their operations, effectively turning uncertain outcomes into more predictable results.
Fundamental is an AI research company focused on overcoming the fundamental challenges of machine learning. The company's core mission involves advancing the state of artificial intelligence by addressing complex issues that hinder the widespread and effective application of machine learning technologies.
A key area of specialization for Fundamental is its work with large-scale tabular systems. In these environments, the company concentrates on resolving specific difficulties encountered in machine learning processes. This targeted approach allows Fundamental to develop highly effective solutions for data-intensive applications where accuracy and reliability are paramount.
The organization was founded by former DeepMind personnel, leveraging their extensive experience in cutting-edge AI research and development. This foundational expertise enables Fundamental to approach complex machine learning problems with a deep understanding of both theoretical principles and practical implementation challenges.
Fundamental aims to empower businesses by transforming uncertain operational scenarios into more predictable outcomes. The company's research and solutions are designed to help organizations make more informed decisions, effectively turning speculative gambles into reliable guarantees through enhanced data analysis and predictive capabilities.
By focusing on these critical areas, Fundamental contributes to the broader advancement of machine learning. Its work not only addresses current limitations but also paves the way for more robust and trustworthy AI applications across various industries, particularly those reliant on structured data.
Ultimately, Fundamental's efforts are directed towards providing businesses with the tools and insights needed to navigate complex data landscapes with greater confidence. The company's commitment to rigorous AI research ensures that its solutions deliver tangible improvements in accuracy and operational foresight.
Key people at Fundamental.
Fundamental has raised $255.0M across 1 funding round. Most recently, it raised $255.0M Series A in February 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 5, 2026 | $255M Series A | OAK HC/FT | Aravind Srinivas, Assaf Rappaport, Battery Ventures, Henrique Dubugras, Hetz Ventures, Olivier Pomel, Salesforce Ventures, Valor Equity Partners | Announced |