Fundamental

About

Funding history · 2 rounds · $255.0M total

Headcount over time

Offices

Q&A

What is Fundamental's primary business and core technology?

Fundamental develops an AI foundational model called NEXUS, a Large Tabular Model (LTM) designed to analyze large amounts of structured enterprise data to predict risks and trends like financial fraud, pricing, and customer churn.

When was Fundamental founded and by whom?

Fundamental was founded in 2024 by Israeli entrepreneur Gabriel Suissa and Jeremy Fraenkel.

How much funding has Fundamental raised in total?

Fundamental has raised a total of $275,000,000 across its funding rounds.

When did Fundamental complete its Seed funding round and who were the lead investors?

In October 2024, Fundamental completed a Seed funding round of $30,000,000. Lead investors included Oak HC/FT and Hetz Ventures.

When did Fundamental complete its Series A funding round and who was the lead investor?

In February 2026, Fundamental completed an A Round of $225,000,000. Oak HC/FT was a lead investor.

Where is Fundamental headquartered and where does it have an R&D presence?

Fundamental is headquartered in San Francisco, USA, and has an Israeli imprint with R&D activity and an engineering hub in Tel Aviv.

What is the current employee count for Fundamental?

As of August 2026, Fundamental has 70 employees.

Who are some of the key executives at Fundamental?

Key executives at Fundamental include Jeremy Fraenkel (CEO & Co-Founder), Boaz Elgat (Chief Engineering Officer), Farshad Farahbakhshian (Chief Strategy Officer), and Dr. Marta Garnelo (Chief Science Officer).

Team · 7

Jeremy Fraenkel

Founder · CEO & Co-Founder

Gabriel Suissa

Founder · Co-Founder

Boaz Elgat

Chief Engineering Officer

Farshad Farahbakhshian

Chief Strategy Officer

Dr. Marta Garnelo

Chief Science Officer

Brennan Demro

CRO

Tess Munsie

Chief of Staff & Corporate Strategy

Sectors & technology