Fal

Software Development Applications · San Francisco, CA · Founded 2021 · Privately Held (backing)

Developer of a generative media platform designed to offer quality media models. Fal is based in San Francisco, CA and was founded in 2021. It was valued at $4.5 billion at its Series D in Dec 2025, the last priced event on record. It has raised $338 million across 6 recorded rounds; the latest was a $141 million Series D in Dec 2025.

PMV mark · valuation
$4.5B
Oct 2026
Priced at
its Series D
Dec 2025
Total raised
$337.5M
Last round
Later Stage VC (Series D)
Dec 2025
How much has Fal raised?
$337.5Macross 6 recorded rounds · Apr 2021 – Dec 2025

Most recently, Fal raised $140.5M in its Later Stage VC (Series D) (Dec 2025).

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Fal round by round

6 rounds
Dec 2025Later Stage VC (Series D)$140.5M▮
11 investors participated
Aug 2025Later Stage VC (Series C)$125.0M▮
+ 2 more investors · free account
Feb 2025Early Stage VC (Series B)$49.0M▮
5 investors participated
Apr 2024Early Stage VC (Series A)$14.0M▮
+ 1 more investors · free account
Jul 2022Seed Round$9.0M▮
+ 2 more investors · free account
Apr 2021Seed Roundundisclosed▮
1 investors participated

How much has Fal raised?

Fal has raised $338 million across 6 recorded rounds since 2021. The largest was a $9 million seed round in Jul 2022; the most recent was a $141 million Series D in Dec 2025. 5 of the rounds disclosed a post-money valuation.

Fal investors

29 investors are on record for Fal, including Andreessen Horowitz, Sequoia Capital, Salesforce Ventures and Bessemer Venture Partners. By type, the record holds 16 venture capital firms and 2 angel investors. The Series D in Dec 2025 drew 11 investors.

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Frequently asked about Fal

How much has Fal raised?
Fal has raised $337.5M in total across 6 recorded funding rounds.
When was Fal's last funding round?
Fal's most recent recorded round was Later Stage VC (Series D) in Dec 2025, raising $140.5M.