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.

Fundamental is pioneering the future of enterprise decision-making. Co-founded by DeepMind alumni, Fundamental has developed NEXUS - its most powerful Large Tabular Model (LTM) - purpose-built for the structured records that contain trillions of dollars in business value. While other AI companies focus on text and images, Fundamental addresses the tabular data that actually drives enterprise decisions. Backed by world class investors and trusted by Fortune 500 companies, Fundamental unlocks trillions of dollars of value by giving businesses the Power to Predict™.