Fundamental

Database Software · San Francisco, CA · Founded 2024 · Privately Held (backing)

Operator of an artificial intelligence platform intended to improve enterprise decision-making using structured data. Fundamental is based in San Francisco, CA and was founded in 2024. It was valued at $1.5 billion at its early-stage round in Feb 2026, the last priced event on record. It has raised $255 million across 1 recorded round; the latest was a $255 million Series A in Feb 2026.

PMV mark · valuation
$1.5B
Oct 2026
Priced at
its early-stage round
Feb 2026
Total raised
$255.0M
Last round
Early Stage VC (Series A)
Feb 2026

Fundamental key facts

as of Oct 2026
  • Operator of an artificial intelligence platform intended to improve enterprise decision-making using structured data.
  • Fundamental is valued at approximately $1.5B as of Oct 2026, set at its early-stage round, Feb 2026; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $255.0M across 1 recorded rounds; the latest was Early Stage VC (Series A) ($255.0M) in Feb 2026.
  • Notable investors include Salesforce Ventures, Valor Equity Partners, Headline, Battery Ventures, RRE Ventures — 17 tracked in total.
  • Status: Privately Held (backing).
PrivateMarketView mark
MEDIUM confidence
$1.5B

Valued at $1.5B at its early-stage round, Feb 2026. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Fundamental funding rounds

1 rounds
Feb 2026Early Stage VC (Series A)$255.0M▮

Fundamental valuation

Fundamental was valued at $1.5 billion at its early-stage round in Feb 2026. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Fundamental raised?

Fundamental has raised $255 million across 1 recorded round since 2026. The largest was a $255 million Series A in Feb 2026.

Fundamental investors

17 investors are on record for Fundamental, including Salesforce Ventures, Valor Equity Partners, Headline and Battery Ventures. By type, the record holds 8 venture capital firms and 2 growth equity firms. The Series A in Feb 2026 drew 7 investors.

Comparable companies

Comparable database software names by valuation on PrivateMarketView: Redis ($2 billion), 9fin ($1.3 billion) and Astronomer ($775 million).

About Fundamental

Operator of an artificial intelligence platform intended to improve enterprise decision-making using structured data. The company offers a large tabular model built for structured records and predictive analysis capabilities, enabling enterprises and financial institutions to analyze data and support decision-making processes with greater accuracy.

Industry
Database Software
Sector
Information Technology
HQ
San Francisco, CA, United States
Founded
2024
Employees
55
Ownership
Privately Held (backing)

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