Fundamental Research Labs

Fundamental Research Labs

Private
San Francisco, CaliforniaCybersecurityhttps://www.fundamentalresearchlabs.com

Last Round

Series A

Aug 5, 2025

Est. Valuation

$150M

Total Funding Raised

$42M

Company Overview

Fundamental Research Labs is an applied artificial intelligence research company that builds autonomous, collaborative, and socially intelligent agents, described as "digital humans". The company was co-founded by Dr. Robert Yang, a former MIT faculty member in computational neuroscience. Formerly known as Altera, the company's mission is to develop AI agents that can operate across complex, long-term tasks. Its products, which are already generating revenue, include "Fairies," a general-purpose consumer AI assistant, and "Shortcut," a spreadsheet-based agent for financial modeling that has reportedly outperformed human analysts in tests. The company raised approximately $33 million in a Series A funding round in August 2025, led by Prosus, bringing its total funding to over $40 million.

Sector

Cybersecurity

Verticals

SIEM, Threat Intelligence, Incident Response, Workflow Automation

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting, Freemium

AI Layer

Application

Keywords

unified security platformsecurity data lakeXDRSOARthreat intelligence platformsecurity automationnext-gen SIEMdetection and responsethreat huntingincident responseSOC platformSIEMsecurity analyticscybersecurity platform

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Unlock Pricing Charts

Sign up to view complete historical pricing and secondary transactions.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

Fundamental Research Labs Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

View Full Comps Set

Access detailed peer comparisons, multiples, and valuation benchmarks.

Fundamental Research Labs Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series AAug 5, 2025
SeedMay 1, 2024

Key People

Founding team and executive leadership

Andrew Ahn

Co-Founder, Chief Science Officer

Founding Team

Nico Christie

Co-Founder And Chief Product Officer

Founding Team

Shuying Luo

Co-Founder, CTO

Founding Team

Felix Wong

Chief Technology Officer

Executive Team

Fundamental Research Labs Investors

Notable investors and investment history

InvestorRounds
ProsusSeries A
Factorial CapitalSeries A
a16z speedrunSeries A, Seed
PatronSeries A, Seed
First Spark VenturesSeries A, Seed
Prosus VenturesSeries A
VamosVenturesSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Aug 5, 2025

    $33M round led by Tiger Global Management.

  • Aug 5, 2025

    Developing autonomous AI agents for consumer products.

Fundamental Research Labs Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation

Fundamental Research Labs Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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

Firmographic Details

HeadquartersSan Francisco, California
Employee Range35
Year Founded2023
Last FundingAug 5, 2025

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.







Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.