# Applied Compute funding: rounds and investors

> Applied Compute has raised $580M across 4 rounds since 2025. Investors include Benchmark, Kleiner Perkins and Elad Gil. Every round with its source.

Source: https://millionrounds.com/company/applied-compute (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Applied Compute*

4 rounds we have observed, with the 10 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Enterprise Software Robotics Software

Raised this month

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Funding summary Updated 5 Nov 2026

**$580M** raised across 4 rounds since 2025, from 5 sources

**$80M** Round **$70M** Round **$80M** Venture **$350M** Round

- **Latest round:** Round, $350M Nov 2026
- **Led by:** Elad Gil
- **Step-up i:** 4.4×
- **Investors:** 10 (3 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026

**$80M** Round

**$70M** Round

**$80M** Venture

**$350M** Round

- **First round:** Round, $80M
- **Biggest round:** $350M
- **Usual gap between rounds:** 4 months

## The rounds

- **Nov 2026** Round **$350M** *3 new* *1 returning* [Elad Gil](https://millionrounds.com/fund/elad-gil) Lead [NVIDIA](https://millionrounds.com/fund/nvidia) [HubSpot Ventures](https://millionrounds.com/fund/hubspot-ventures) [Shopify Ventures](https://millionrounds.com/fund/shopify-ventures) Reported by Silicon Angle and 1 other
- **Apr 2026** Venture **$80M** *1 new* *4 returning* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Benchmark](https://millionrounds.com/fund/benchmark) [Lux Capital](https://millionrounds.com/fund/lux-capital) [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) [Greenoaks](https://millionrounds.com/fund/greenoaks) Source recorded
- **Jan 2026** Round **$70M** *1 new* [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) Lead Reported by TechStartups
- **Sept 2025** Round **$80M** *5 new* [Benchmark](https://millionrounds.com/fund/benchmark) Lead [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Lux Capital](https://millionrounds.com/fund/lux-capital) [Neo](https://millionrounds.com/fund/neo) [Elad Gil](https://millionrounds.com/fund/elad-gil) Reported by TechStartups

## Founders and team

From Applied Compute's own website: 5 founders.

**Brendan Foody** Co-Founder, Co-CEO at Mercor

**Gabe Pereyra** Co-Founder, President at Harvey

**Zach Abrams** Co-Founder, CEO at Bridge

**Andy Fang** Co-Founder, CTO at DoorDash

**Kenny Workman** Co-Founder, CTO at Latch Bio

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2025 **Round** 2026 **Venture** 2026 **Round** 2026 [Benchmark](https://millionrounds.com/fund/benchmark) L [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) L [Elad Gil](https://millionrounds.com/fund/elad-gil) L [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Lux Capital](https://millionrounds.com/fund/lux-capital) [Neo](https://millionrounds.com/fund/neo) [NVIDIA](https://millionrounds.com/fund/nvidia) [Greenoaks](https://millionrounds.com/fund/greenoaks) [HubSpot Ventures](https://millionrounds.com/fund/hubspot-ventures) [Shopify Ventures](https://millionrounds.com/fund/shopify-ventures)

## Everyone who backed them

[Benchmark](https://millionrounds.com/fund/benchmark) VC firm **2** rounds, led 1

[Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) VC firm **2** rounds, led 1

[Elad Gil](https://millionrounds.com/fund/elad-gil) VC firm **2** rounds, led 1

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **2** rounds

[Lux Capital](https://millionrounds.com/fund/lux-capital) VC firm **2** rounds

[Neo](https://millionrounds.com/fund/neo) Accelerator **1** round

[NVIDIA](https://millionrounds.com/fund/nvidia) Company **1** round

[Greenoaks](https://millionrounds.com/fund/greenoaks) VC firm **1** round

[HubSpot Ventures](https://millionrounds.com/fund/hubspot-ventures) Corporate VC **1** round

[Shopify Ventures](https://millionrounds.com/fund/shopify-ventures) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=applied-compute).

## Also claim to have backed them

These 3 firms list Applied Compute as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Abstract Ventures](https://millionrounds.com/fund/abstract) VC firm Per its own site

[Comcast](https://millionrounds.com/fund/comcast) Accelerator Per its own site

[QuantumLight](https://millionrounds.com/fund/quantumlight) VC firm Per its own site

## Quick answers about Applied Compute

### Who invested in Applied Compute?

Applied Compute's investors include Benchmark, Kleiner Perkins, Elad Gil, Sequoia Capital and Lux Capital, and 5 more on record. Elad Gil led its latest round.

### How much has Applied Compute raised?

Applied Compute has raised $580M across 4 rounds since 2025.

### When did Applied Compute last raise?

Applied Compute's most recent round, $350M, was in Nov 2026, led by Elad Gil.

### What was Applied Compute's biggest round?

Its most recent round, $350M in Nov 2026, is also its largest on record.

### Who backed Applied Compute first?

Applied Compute's first round on record, in Sept 2025, was backed by Benchmark, Sequoia Capital and Lux Capital and 2 others.

### What stage is Applied Compute at?

Applied Compute's latest named round is a Venture, in Apr 2026.

### Where is Applied Compute based?

Applied Compute is based in the United States.

### Who led Applied Compute's rounds?

Benchmark led the funding round in 2025; Kleiner Perkins led the funding round in 2026; Elad Gil led the funding round in 2026.

## Companies like Applied Compute

In the same sector, and raised in the last eighteen months.

[**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**Omni** $244M · Nov 2026](https://millionrounds.com/company/omni)[**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)

## Find investors like these

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