Articles from Fundamental

Fundamental, an AI company that has built its most powerful Large Tabular Model (“LTM”) to drive predictions from enterprise data, announced today it is emerging from stealth with $255M in funding. Founded in October 2024, the company raised a $30M Seed round and a $225M Series A round led by Oak HC/FT, with participation from top tier venture capital firms including Valor Equity Partners, Battery Ventures, Salesforce Ventures, and Hetz Ventures. Notable angel investors include Perplexity co-founder and CEO Aravind Srinivas, co-founder and CEO of Wiz Assaf Rappaport, Brex co-founder Henrique Dubugras, and Datadog co-founder and CEO Olivier Pomel. The new capital will be used to scale compute, expand enterprise deployments, and rapidly grow the team across research, engineering, and go-to-market.