Valued at $4.5B at its Series D, Dec 2025. Nothing has traded since.
- ·Post-money valuations for 5 rounds
- ·The complete investor list: 29 names
- ·Watch Fal: the Monday email on marks, rounds and moves
Valuation timeline
5 priced rounds · 32 daily marks since · Jul 2022 – Oct 2026Membership and data by Private Market View
Fal funding history
6 rounds| Date | Round | Raised | Post-money | $/share |
|---|---|---|---|---|
| Dec 2025 | Later Stage VC (Series D) | $140.5M | ▮ | ▮ |
| Aug 2025 | Later Stage VC (Series C) | $125.0M | ▮ | ▮ |
| Feb 2025 | Early Stage VC (Series B) | $49.0M | ▮ | ▮ |
| Apr 2024 | Early Stage VC (Series A) | $14.0M | ▮ | ▮ |
| Jul 2022 | Seed Round | $9.0M | ▮ | ▮ |
| Apr 2021 | Seed Round | — | ▮ | ▮ |
Membership and data by Private Market View
Fal valuation
Fal was valued at $4.5 billion at its Series D in Dec 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.
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.
Comparable companies
Comparable software development applications names by valuation on PrivateMarketView: Vercel ($10.4 billion), Cognition (Software Development Applications) ($10.2 billion) and Replit ($9.4 billion).
How Fal's valuation is determined
Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.
For Fal, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by its last priced round. Question about this number? Full methodology →
Frequently asked about Fal
- What is Fal worth?
- Fal is valued at $4.5B as of Oct 2026. Valued at $4.5B at its Series D, Dec 2025. Nothing has traded since.
- How much has Fal raised?
- Fal has raised $337.5M in total funding across 6 recorded rounds.
- When did Fal last raise?
- Fal last raised in Dec 2025 (Later Stage VC (Series D)), raising $140.5M.