# Gray Swan funding: rounds and investors

> Gray Swan has raised $40M across 1 round since 2026. Investors include Madrona Venture Group, Samsung Next and Wing Venture Capital.

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

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

# Who invested in *Gray Swan*

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

AI

Raised 6 months ago

Funding summary Updated 26 Oct 2026

**$40M** raised across 1 round since 2026, from 1 source

- **Latest round:** Series A, $40M May 2026
- **Investors:** 4

See who backed them

## The rounds

- **May 2026** Series A **$40M** [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Samsung Next](https://millionrounds.com/fund/samsung-next) [Wing Venture Capital](https://millionrounds.com/fund/wing-venture-capital) [Obvious Ventures](https://millionrounds.com/fund/obvious-ventures) Source recorded

## Founders and team

From Gray Swan's own website: 2 founders, 2 on the team.

**Matt Fredrikson** Co-founder

**Zico Kolter** Co-founder

- **Rob Jenks** Chief Strategy Officer
- **Spencer Whitman** Chief Product Officer

## Everyone who backed them

[Madrona Venture Group](https://millionrounds.com/fund/madrona) VC firm **1** round

[Samsung Next](https://millionrounds.com/fund/samsung-next) Corporate VC **1** round

[Wing Venture Capital](https://millionrounds.com/fund/wing-venture-capital) VC firm **1** round

[Obvious Ventures](https://millionrounds.com/fund/obvious-ventures) Accelerator **1** round

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

## Also claim to have backed them

These 2 firms list Gray Swan 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.

[Halcyon Futures](https://millionrounds.com/fund/halcyon-futures) Incubator Per its own site

[Juniper Ventures](https://millionrounds.com/fund/juniper-ventures) VC firm Per its own site

## Quick answers about Gray Swan

### Who invested in Gray Swan?

Gray Swan's investors include Madrona Venture Group, Samsung Next, Wing Venture Capital and Obvious Ventures.

### How much has Gray Swan raised?

Gray Swan has raised $40M across 1 round since 2026.

### When did Gray Swan last raise?

Gray Swan's most recent round was a Series A of $40M in May 2026.

### What was Gray Swan's biggest round?

Its most recent round, $40M in May 2026, is also its largest on record.

### Who backed Gray Swan first?

Gray Swan's first round on record, in May 2026, was backed by Madrona Venture Group, Samsung Next and Wing Venture Capital and 1 others.

### What stage is Gray Swan at?

Gray Swan's latest named round is a Series A, in May 2026.

### Where is Gray Swan based?

Gray Swan is based in the United States.

## Companies like Gray Swan

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

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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