# Fragment funding: rounds and investors

> Fragment has raised $22M across 3 rounds since 2023. Investors include FirstMark, BoxGroup and Y Combinator. Every round with its source.

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

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

# Who invested in *Fragment*

3 rounds we have observed, with the 5 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 Construction Data Infrastructure Fintech

Raised this month Y Combinator: S23

Funding summary Updated 26 Oct 2026

**$22M** raised across 3 rounds since 2023, from 4 sources

**$9.0M** Seed **$500K** Pre-seed **$12M** Series A

- **Latest round:** Series A, $12M Oct 2026
- **Led by:** FirstMark
- **Step-up i:** 24×
- **Investors:** 5 (1 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.

2023 2024 2025 2026

**$9.0M** Seed

**$500K** Pre-seed

**$12M** Series A

- **First round:** Seed, $9.0M
- **Biggest round:** $12M
- **Usual gap between rounds:** 3.1 years

## The rounds

- **Oct 2026** Series A **$12M** *2 returning* [FirstMark](https://millionrounds.com/fund/firstmark) Lead [BoxGroup](https://millionrounds.com/fund/boxgroup) Reported by Google News search and 1 other
- **Sept 2023** Pre-seed **$500K** *1 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) Source recorded
- **Jan 2023** Seed **$9.0M** *4 new* [BoxGroup](https://millionrounds.com/fund/boxgroup) [FirstMark](https://millionrounds.com/fund/firstmark) [Gradient](https://millionrounds.com/fund/gradient-ventures) [Stripe](https://millionrounds.com/fund/stripe) Source recorded

## 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.

**Seed** 2023 **Pre-seed** 2023 **Series A** 2026 [FirstMark](https://millionrounds.com/fund/firstmark) L [BoxGroup](https://millionrounds.com/fund/boxgroup) [Y Combinator](https://millionrounds.com/fund/y-combinator) [Gradient](https://millionrounds.com/fund/gradient-ventures) [Stripe](https://millionrounds.com/fund/stripe)

## Everyone who backed them

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

[BoxGroup](https://millionrounds.com/fund/boxgroup) VC firm **2** rounds

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[Gradient](https://millionrounds.com/fund/gradient-ventures) VC firm **1** round

[Stripe](https://millionrounds.com/fund/stripe) Company **1** round

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

## Also claim to have backed them

This firm lists Fragment as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Feelsgood Capital](https://millionrounds.com/fund/feelsgood-fund) VC firm Per its own site

## Quick answers about Fragment

### Who invested in Fragment?

Fragment's investors include FirstMark, BoxGroup, Y Combinator, Gradient and Stripe. FirstMark led its latest round.

### How much has Fragment raised?

Fragment has raised $22M across 3 rounds since 2023.

### When did Fragment last raise?

Fragment's most recent round was a Series A of $12M in Oct 2026, led by FirstMark.

### What was Fragment's biggest round?

Its most recent round, $12M in Oct 2026, is also its largest on record.

### Who backed Fragment first?

Fragment's first round on record, in Jan 2023, was backed by BoxGroup, FirstMark and Gradient and 1 others.

### What stage is Fragment at?

Fragment's latest named round is a Series A, in Oct 2026.

### Where is Fragment based?

Fragment is based in the United States.

### Who led Fragment's rounds?

FirstMark led the Series A in 2026.

## Companies like Fragment

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

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)

## Find investors like these

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