# Latent funding: rounds and investors > Latent has raised $93M across 2 rounds since 2024. Investors include Y Combinator, Spark Capital and Transformation Capital. Every round with its source. Source: https://millionrounds.com/company/latent (Millionrounds; every figure on the page links to its filing or article) United States · [Series A startup](https://millionrounds.com/companies) # Who invested in *Latent* 2 rounds we have observed, with the 9 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 Healthcare Raised 7 months ago Y Combinator: W23 Follow Latent and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Flatent) Funding summary Updated 5 Nov 2026 **$93M** raised across 2 rounds since 2024, from 3 sources **$13M** Seed **$80M** Series A - **Latest round:** Series A, $80M Apr 2026 - **Led by:** Spark Capital and Transformation Capital - **Step-up i:** 6.2× - **Investors:** 9 (2 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. 2025 2026 **$13M** Seed **$80M** Series A - **First round:** Seed, $13M - **Biggest round:** $80M - **Between rounds:** 19 months ## The rounds - **Apr 2026** Series A **$80M** *8 new* *1 returning* [Spark Capital](https://millionrounds.com/fund/spark-capital) Lead [Transformation Capital](https://millionrounds.com/fund/transformation-capital) Lead [Y Combinator](https://millionrounds.com/fund/y-combinator) [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) [Autotech Ventures](https://millionrounds.com/fund/autotech-ventures) [Future Ventures](https://millionrounds.com/fund/future-ventures-4) [Conviction](https://millionrounds.com/fund/conviction) [McKesson Ventures](https://millionrounds.com/fund/mckesson-ventures) Reported by Ventureburn and 1 other - **Sept 2024** Seed **$13M** *1 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) 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** 2024 **Series A** 2026 [Y Combinator](https://millionrounds.com/fund/y-combinator) [Spark Capital](https://millionrounds.com/fund/spark-capital) L [Transformation Capital](https://millionrounds.com/fund/transformation-capital) L [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) [Autotech Ventures](https://millionrounds.com/fund/autotech-ventures) [Future Ventures](https://millionrounds.com/fund/future-ventures-4) [Conviction](https://millionrounds.com/fund/conviction) [McKesson Ventures](https://millionrounds.com/fund/mckesson-ventures) ## Everyone who backed them [Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **2** rounds [Spark Capital](https://millionrounds.com/fund/spark-capital) VC firm **1** round, led 1 [Transformation Capital](https://millionrounds.com/fund/transformation-capital) VC firm **1** round, led 1 [General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **1** round [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) Corporate VC **1** round [Autotech Ventures](https://millionrounds.com/fund/autotech-ventures) VC firm **1** round [Future Ventures](https://millionrounds.com/fund/future-ventures-4) VC firm **1** round [Conviction](https://millionrounds.com/fund/conviction) VC firm **1** round [McKesson Ventures](https://millionrounds.com/fund/mckesson-ventures) Growth equity **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=latent). ## Also claim to have backed them These 3 firms list Latent 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. [Conviction](https://millionrounds.com/fund/conviction-4) VC firm Per its own site [Avra](https://millionrounds.com/fund/avra) VC firm Per its own site [Constellation](https://millionrounds.com/fund/constellation) VC firm Per its own site ## Quick answers about Latent ### Who invested in Latent? Latent's investors include Y Combinator, Spark Capital, Transformation Capital, General Catalyst and Lockheed Martin, and 4 more on record. Spark Capital led its latest round. ### How much has Latent raised? Latent has raised $93M across 2 rounds since 2024. ### When did Latent last raise? Latent's most recent round was a Series A of $80M in Apr 2026, led by Spark Capital. ### What was Latent's biggest round? Its most recent round, $80M in Apr 2026, is also its largest on record. ### Who backed Latent first? Latent's first round on record, in Sept 2024, was backed by Y Combinator. ### What stage is Latent at? Latent's latest named round is a Series A, in Apr 2026. ### Where is Latent based? Latent is based in the United States. ### Who led Latent's rounds? Spark Capital led the Series A in 2026. ## Companies like Latent 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)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app