Valued at $395.0M at its later-stage round, Dec 2025. Nothing has traded since.
- ·The complete investor list: 51 names
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Valuation timeline
0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026Membership and data by Private Market View
General Fusion funding history
5 rounds| Date | Round | Raised | Post-money | $/share |
|---|---|---|---|---|
| Nov 2025 | Early Stage VC | $38.2M | ▮ | ▮ |
| Jul 2020 | Seed Round | $500K | ▮ | ▮ |
| May 2015 | Seed Round | $2.1M | ▮ | ▮ |
| Feb 2014 | Seed Round | $2.1M | ▮ | ▮ |
| Dec 2012 | Seed Round | $1.6M | ▮ | ▮ |
Membership and data by Private Market View
General Fusion valuation
General Fusion was valued at $395 million at its later-stage round 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 General Fusion raised?
General Fusion has raised $612 million in total; 5 of its rounds are on record, from 2012 on. The largest on record was a $500,000 seed round in Jul 2020; the most recent was a $38.2 million early-stage round in Nov 2025.
General Fusion has filed 10 Form Ds with the SEC since 2009, most recently in Feb 2026 ($350,000 sold to 1 investor).
How General Fusion'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 General Fusion, 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 General Fusion
- What is General Fusion worth?
- General Fusion is valued at $395.0M as of Oct 2026. Valued at $395.0M at its later-stage round, Dec 2025. Nothing has traded since.
- How much has General Fusion raised?
- General Fusion has raised $612.0M in total funding across 5 recorded rounds.
- When did General Fusion last raise?
- General Fusion last raised in Nov 2025 (Early Stage VC), raising $38.2M.