FundedIQ
Agentic AI

Fragment: Funding, Investors & Team (Nov 2026)

Fragment automates complex, exception-heavy procurement workflows with AI agents.

fragment.ai LinkedIn San Francisco, United States 11-50 employees Founded 2025
Total raised
$56.0M
Rounds
1
Latest
Series A
Oct 2026

Fragment has raised $56.0M across 1 funding round on record, the most recent a Series A of $56.0M announced in Oct 2026.

That round is above the $7.7M median round size for United States companies tracked on FundedIQ over the last two years.

Fragment Company Profile and Key Stats

Total funding raised
$56.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series A
$56.0M in Oct 2026
Employees
11-50
reported band
Founded
2025
Headquarters
San Francisco, United States
Investors on record
8
5 named below

Latest funding round on record: Oct 2026.

Fragment Funding Rounds

Date
Round
Amount
Series A
$56.0M

Fragment Investors

General Catalyst 8VC A* Roelof Botha Nikesh Arora

8 investors are recorded in total; the 5 named above are those the record identifies.

Fragment Founders and Leadership Team

Name
Role
Contact
Pranav Mulgund
CEO / Co-Founder
Locked
Naveen Kashyap
Co-Founder
Locked

Contact details for the Fragment team: 2 of 2 have an email address on file, 2 have a LinkedIn profile.

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Fragment Funding in Context

Segment
Companies
Median round
30,473
$7.7M
8,666
$15M

Fragment's latest round of $56.0M is above the median round in United States. Medians cover the last 24 months of disclosed rounds.

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Fragment Funding FAQs

What does Fragment do?

Fragment automates complex, exception-heavy procurement workflows with AI agents.

How much funding has Fragment raised?

Fragment has raised $56.0M across 1 round on record. The most recent is a Series A of $56.0M announced in Oct 2026.

When did Fragment last raise funding?

Fragment's most recent funding round on record is a Series A of $56.0M, announced in Oct 2026.

Who has invested in Fragment?

Investors on record for Fragment include General Catalyst, 8VC, A*, Roelof Botha, Nikesh Arora. FundedIQ records 8 investors in total.

Who founded Fragment?

FundedIQ lists Pranav Mulgund (CEO / Co-Founder), Naveen Kashyap (Co-Founder) at Fragment.

Where is Fragment headquartered?

Fragment is based in San Francisco, United States.

How many employees does Fragment have?

Fragment is in the 11-50 employee band.

When was Fragment founded?

Fragment was founded in 2025.

About FundedIQ's Fragment Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Fragment is left off this page rather than filled in.

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