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Fundamental Research Labs

San Francisco, CA · Founded 2023 · Privately Held (backing)

Developer of autonomous artificial intelligence agents designed for collaborative task execution in real-world domains. Fundamental Research Labs is based in San Francisco, CA and was founded in 2023. Its last reported valuation was $232 million in Aug 2025. It has raised $44 million.

Last reported valuation
$232.0M
Oct 2026
Priced at
—
Total raised
$44.0M
Last round
—

Fundamental Research Labs key facts

as of Oct 2026
  • Developer of autonomous artificial intelligence agents designed for collaborative task execution in real-world domains.
  • Fundamental Research Labs is valued at approximately $232.0M as of Oct 2026 (last reported valuation).
  • It has raised $44.0M; the latest was Early Stage VC ($33.0M) in Aug 2025.
  • Notable investors include Alumni Ventures, Andreessen Horowitz, Prosus Ventures, Patrick Collison, Factorial Funds — 16 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$232.0M

Fundamental Research Labs's last reported valuation, Aug 2025. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
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Fundamental Research Labs funding rounds

No rounds on record

No funding rounds for Fundamental Research Labs are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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Fundamental Research Labs valuation

Fundamental Research Labs's last reported valuation was $232 million in Aug 2025. No priced round, secondary trade or fund mark has surfaced since.

Fundamental Research Labs investors

16 investors are on record for Fundamental Research Labs, including Alumni Ventures, Andreessen Horowitz, Prosus Ventures and Patrick Collison. By type, the record holds 5 venture capital firms, 2 angel investors and 1 family office.

About Fundamental Research Labs

Developer of autonomous artificial intelligence agents designed for collaborative task execution in real-world domains. The company applies agentic reasoning and multi-agent systems to spreadsheet environments by transforming raw data into structured models, answering complex queries, running simulations with traceable logic, and operating autonomously within files, enabling analysts and finance teams to automate modeling workflows and improve efficiency and accuracy in data analysis.

Sector
Information Technology
HQ
San Francisco, CA, United States
Founded
2023
Employees
34
Ownership
Privately Held (backing)

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