Companies

Fundamental Technologies

fundamental.tech

Fundamental builds NEXUS, a large tabular AI model that predicts enterprise outcomes from structured data.

HQSan Francisco, California, United States
Employees51-200
Funding$255M
Valuation$1.2B
18 active roles
Profile 6mo agoJobs checked 18h ago
AI / MLFoundation Model ProviderB2B SaaSSeries A$200M-$1B

About

Fundamental builds NEXUS, a Large Tabular Model designed to ingest enterprise tables and predict outcomes for enterprises and governments. Its differentiation is a purpose-built architecture for structured data, pre-trained on billions of tables, with production deployment designed for enterprise privacy and security.

Market

Fundamental competes in the emerging tabular foundation-model and enterprise predictive-AI market, positioning NEXUS as a general-purpose model for structured data rather than a conventional, separately trained model for each use case. Its differentiation is the claimed scale of pretraining on billions of enterprise tables, rapid deterministic predictions, and enterprise-oriented deployment through AWS and SAP, alongside privacy and network-isolation features.

Target Customers

Fundamental targets large enterprises and government organizations across industries that rely on structured operational data and need production-grade forecasting or predictive analytics. Likely buyers include enterprise AI, data-science, analytics, supply-chain, and operations teams seeking accurate predictions without building lengthy custom ML pipelines.

At a Glance

Problem

Fundamental Technologies addresses the gap between the enormous amount of structured data enterprises collect and their ability to turn it into forward-looking decisions. Large language models work well with unstructured data but poorly with tables, while traditional machine learning requires bespoke models, manual feature engineering, lengthy tuning cycles, and large data-science teams for each prediction task. The resulting pain is both operational and economic: slow deployment, fragile production code, expensive specialist labor, and missed value in data the company characterizes as worth trillions of dollars.

The core use case is enterprise predictive analytics at scale, particularly decisions such as demand forecasting, price prediction, and customer-churn prediction. These applications have direct financial consequences: retailers can avoid inventory shortfalls, manufacturers can reduce equipment failures, and banks can identify emerging institutional risk. Fundamental’s commercial focus is therefore on replacing months-long, one-off prediction projects with a reusable system that can answer many high-value questions across an organization’s tables.

Product / Service

The company’s product is NEXUS, a Large Tabular Model trained on billions of real-world enterprise tables. Users connect their data and specify what they want to predict; NEXUS is designed to recognize nonlinear relationships and hidden patterns across rows and columns without bespoke model design or manual feature engineering. It is deterministic, so repeated predictions are reproducible, and Fundamental says it can be put to work with one line of code, producing a faster path from raw enterprise data to production predictions.

NEXUS is delivered as enterprise software that can run directly in a customer’s infrastructure or through AWS. Customers can subscribe through AWS Marketplace and deploy it as a managed Amazon SageMaker endpoint, while a separate SAP partnership is intended to make the model available through SAP’s open model ecosystem. The value proposition is faster time-to-value, a single model spanning multiple prediction use cases, and enterprise-oriented deployment for sensitive data rather than a separate custom pipeline for every problem.

Market

Fundamental competes in the emerging tabular-foundation-model and enterprise predictive-analytics markets, positioning NEXUS as a new enterprise-AI category for structured business data. Its emerging direct set includes H2O.ai’s TabH2O and Prior Labs’ TabPFN, both of which also apply foundation-model techniques to tabular prediction. It also competes for enterprise budgets with established predictive-analytics and AutoML platforms such as DataRobot, H2O.ai, SAS Viya, Domo, and related conventional machine-learning systems. Fundamental’s differentiation is a generalized, pretrained model intended to work across tables and use cases, rather than a toolkit that requires customers to build and tune each model independently.

The company is early but substantially commercialized rather than merely pre-revenue in its go-to-market stage. Founded in October 2024, it emerged from stealth in February 2026 with $255 million raised, including a $30 million seed round and a $225 million Series A. It reported seven-figure contracts with Fortune 100 enterprises for demand forecasting, price prediction, and churn, and has announced strategic distribution or deployment relationships with AWS and SAP; NEXUS also became available through Amazon SageMaker. The evidence gathered does not disclose recognized revenue or a detailed customer count, but the contracts, funding, and cloud partnerships indicate meaningful early traction.

Founders & Leadership

Jeremy FraenkelFounder
CEO & Co-Founder
Gabriel SuissaFounder
Co-Founder
Boaz ElgatChief Engineering Officer
Farshad FarahbakhshianChief Strategy Officer
Marta GarneloChief Science Officer

Funding History

2024-10
Seed$30M

Not publicly disclosed

2026-02
Series A$225M

Oak HC/FT, Valor Equity Partners, Battery Ventures, Salesforce Ventures

Recent News

2026-07-16partnership
Why Japan's largest bank is betting on Fundamental

Fundamental announced a partnership with MUIP, the investment arm of Japan's largest bank, to bring predictive AI into business operations. MUIP also made an equity investment in Fundamental.

2026-06-03product
Fundamental's Large Tabular Model NEXUS is now available on Amazon SageMaker JumpStart

AWS announced that NEXUS is available through Amazon SageMaker JumpStart. The integration lets enterprises deploy Fundamental's foundation model for deterministic predictions from structured data.

2026-05-12partnership
NEXUS + SAP: The world's enterprise data just got a lot smarter

Fundamental announced a partnership with SAP to bring NEXUS into the SAP Business AI platform. NEXUS is expected to be available to SAP customers through SAP's open model ecosystem and generative AI Hub.

2026-04-20product
Bringing the Model to the Data: How Fundamental Built a Fully Secured Confidential Computing Platform for Enterprise AI

Fundamental described a confidential-computing platform designed to run its AI models inside a customer's environment while protecting both customer data and Fundamental's model IP. The approach uses hardware-backed technologies to protect data and code during processing.

2026-02-05funding
AI venture Fundamental secures $1.2bn valuation and Amazon deal

The Financial Times reported that Fundamental raised $255 million at a $1.2 billion valuation and partnered with Amazon to sell an AI model designed to analyze large databases.

2026-02-05funding
Fundamental raises $255M Series A with a new take on big data analysis

TechCrunch reported Fundamental's emergence from stealth with $255 million in total funding, including a $225 million Series A led by Oak HC/FT, Valor Equity Partners, Battery Ventures, and Salesforce Ventures. The article also reported a strategic AWS partnership to deploy NEXUS from existing AWS instances.

2026-02-05product
Revealing The Hidden Language of Tables

Fundamental publicly launched NEXUS, a generalized foundation model purpose-built for structured enterprise data and designed to identify patterns behind business outcomes. The launch positioned large tabular models as a new category alongside models for unstructured data.

Active Roles

18
Houston, Texas, United States/Forward-Deployed Engineer/13d ago
Europe/Engineering/46d ago
Europe/Engineering/65d ago
Europe/Data & Analytics/73d ago
Europe/Engineering/73d ago
Japan/Solutions Engineer/98d ago
Europe/Engineering/106d ago
Barcelona/Engineering/115d ago
Europe/Engineering/154d ago
Barcelona/Engineering/162d ago
San Francisco/Sales/196d ago
Europe/Engineering/196d ago
Europe/Engineering/196d ago
Europe/Engineering/196d ago
San Francisco/Solutions Engineer/196d ago
San Francisco/Forward-Deployed Engineer/196d ago
Barcelona/Engineering/196d ago
US (remote)/Forward-Deployed Engineer/196d ago

Business Model

Fundamental commercializes NEXUS through enterprise deployments and high-value business contracts, with customers able to purchase and deploy it directly through AWS. The evidence does not disclose a standard public price; reported revenue channels are enterprise contracts and AWS-based procurement.

Products

NEXUS — a generalized Large Tabular Model and tabular foundation model for structured-data predictionNEXUS enterprise deployment integrations through AWS SageMaker JumpStart and SAP Business AI

Customers

No named enterprise customer or logo was publicly disclosed; Fundamental reported seven-figure contracts with unnamed Fortune 100 enterprises. AWS was identified as a strategic partner, not explicitly as a customer.

Tech Stack

Large Tabular Models (tabular foundation models)Tabular deep-learning architecturePretraining on billions of real-world enterprise tablesAWS SageMaker AI / JumpStart GPU deploymentStructured-data prediction with enterprise privacy and network isolation

Competitors

Prior Labs / TabPFN
Neuralk AI
H2O.ai / TabH2O

Key Investors

Oak HC/FT, Valor Equity Partners, Battery Ventures, Salesforce Ventures