Large Tabular Models: Fundamental raises $255M to build models for enterprises

The company is building a Large Tabular Model (LTM), which is designed to work with the structured, tabular data, where most enterprise decisions actually live. Its core product, NEXUS, is purpose-built for enterprise use cases and addresses limitations that traditional LLMs struggle with.

Since its founding in October 2024, the company has raised $30 million in a seed round and $225 million in a series A round. Fundamental has partnered with AWS and is already working with Fortune 100 enterprises.