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Fundamental

Fundamental

Private
San Francisco, CaliforniaAI, Data & Cloud Infrastructurehttps://fundamental.tech

Last Round

Series A

Feb 5, 2026

Est. Valuation

$1.2B

Total Funding Raised

$285M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Fundamental operates in AI, Data & Cloud Infrastructure and is based in San Francisco, California. Its latest recorded funding round was a Series A round in February 2026.

Fundamental is an artificial intelligence company that has developed a Large Tabular Model (LTM) called NEXUS to drive predictions and forecasting from structured enterprise data.

Sector

AI, Data & Cloud Infrastructure

Verticals

ML Platforms, Business Intelligence, Supply Chain, Compliance & Risk

Business Model

B2B

Customer Profile

Subscription SaaS, Usage-Based SaaS, Services & Consulting

AI Layer

Foundation

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Pricing history

Caplight clients see full MarketPrice™ history and secondary transactions.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

Momentum history

Caplight clients track how buyer interest and sentiment change over time.

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Fundamental Comparables

Compare Fundamental with similar companies based on industry and business-model similarity.

Fundamental comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Kumo
79%
SAP
78%
Neuralk-AI
77%
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Fundamental Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series AFeb 5, 2026
SeedFeb 5, 2026
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Key People

Founding team and executive leadership

Jeremy Fraenkel

CEO & Co-Founder

Founding Team

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Fundamental Investors

Notable investors and investment history

Fundamental investors
InvestorRounds
Oak HC/FTSeed, Series A
Hetz VenturesSeries A, Seed
Salesforce VenturesSeed, Series A
Battery VenturesSeed, Series A
Valor Equity PartnersSeed, Series A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Feb 19, 2026

    Added Ketch Kloud, Inc. from the Technology/Data Privacy sector.

  • Feb 5, 2026

    $255M round with a $1.2B post-money valuation.

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Recent news

Latest coverage and updates

  • partners_withOct 8, 2026

    Fundamental Technologies, Inc. and AEG Worldwide announce a new partnership spanning LA Galaxy and L.A. LIVE in California, with plans to bring NEXUS to ticketing, marketing, and partnership strategy and make it the presenting sponsor of the Coachella Valley Invitational.

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Fundamental Filings

Explore SEC and related filing metadata, where available.

Fundamental filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Fundamental's valuation, stock price, and market status.

Is Fundamental a public or private company?

Fundamental is a private company.

What is the current stock price of Fundamental?

Fundamental is a private company, so its shares have no public market price. Caplight tracks Fundamental's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is Fundamental worth (valuation)?

Fundamental's valuation is estimated at $1.2B based on funding round data.

Can I buy Fundamental stock?

Fundamental shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was Fundamental's last funding round?

Fundamental's most recent funding round was Series A on February 5, 2026.

Who are the main investors in Fundamental?

Key investors in Fundamental include Oak HC/FT, Salesforce Ventures, Battery Ventures, Valor Equity Partners.

Will Fundamental IPO soon?

No public IPO plans have been announced for Fundamental.

How can I track Fundamental secondary market activity?

Caplight tracks bids, offers, and trades in Fundamental's shares on secondary markets.

Firmographic Details

HeadquartersSan Francisco, California
Year Founded2024
Last FundingFeb 5, 2026

Institutional Data Access

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