Tech Company Financing Transactions

Fragment Data Technologies Funding Round

Fragment Data Technologies, based in San Francisco, raised $56 million in investment from 8VC, A* Capital and General Catalyst.

Transaction Overview

Announced On
10/28/2026
Transaction Type
Venture Equity
Amount
$56,000,000
Round
Undisclosed
Investors

8VC (Lead Investor)

A* Capital (Lead Investor)

General Catalyst (Lead Investor)

private investors (Dennis Cinelli)

private investors (Eric Wu)

private investors (Jeff Wilke)

private investors (Nikesh Arora)

private investors (Roelof Botha)

Proceeds Purpose
The company intends to use the funds to support the continued development of its engine, expand across source-to-pay, and scale deployments with enterprise clients.

Company Information

Company Status
Private & Independent
Industry
Entertainment
Mailing Address
1020 Pine Street 502
San Francisco, CA 94109
USA
Phone
Undisclosed
Email Address
Overview
Fragment is an enterprise AI company built to carry out the complex procurement work that keeps large manufacturers, distributors and energy businesses supplied and operating. Starting with direct procurement, its Autonomous Context Engine connects company data, policies and institutional knowledge so agents can investigate purchasing and payment exceptions and execute authorized resolutions across existing systems. Fragment reduces the manual burden on procurement teams and helps businesses increase operating capacity without a proportional increase in administrative work.
Profile
Fragment Data Technologies LinkedIn Company Profile
Social Media
Fragment Data Technologies Company Twitter Account
Company News
Fragment Data Technologies News
Facebook
Fragment Data Technologies on Facebook
YouTube
Fragment Data Technologies on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Pranav Mulgund
  Pranav Mulgund LinkedIn Profile  Pranav Mulgund Twitter Account  Pranav Mulgund News  Pranav Mulgund on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/28/2026: JetZero venture capital transaction
Next: 10/28/2026: Rendezvous Robotics venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to document all VC transactions involving tech companies. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary