# Natural funding: rounds and investors

> Natural has raised $40M across 2 rounds since 2025. Investors include Forerunner Ventures, Abstract Ventures and Human Capital. Every round with its source.

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

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

# Who invested in *Natural*

2 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 Fintech

Raised 4 months ago

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Funding summary Updated 5 Nov 2026

**$40M** raised across 2 rounds since 2025, from 3 sources

**$9.8M** Seed **$30M** Series A

- **Latest round:** Series A, $30M Jul 2026
- **Led by:** Forerunner Ventures
- **Step-up i:** 3.1×
- **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.

2026

**$9.8M** Seed

**$30M** Series A

- **First round:** Seed, $9.8M
- **Biggest round:** $30M
- **Between rounds:** 10 months

## The rounds

- **Jul 2026** Series A **$30M** *1 new* *3 returning* [Forerunner Ventures](https://millionrounds.com/fund/forerunner-ventures) Lead [Abstract Ventures](https://millionrounds.com/fund/abstract) [Human Capital](https://millionrounds.com/fund/human-capital-2) [Torch Capital](https://millionrounds.com/fund/torch-capital) Reported by TechCrunch and 1 other
- **Oct 2025** Seed **$9.8M** *4 new* [Abstract Ventures](https://millionrounds.com/fund/abstract) [Forerunner Ventures](https://millionrounds.com/fund/forerunner-ventures) [Human Capital](https://millionrounds.com/fund/human-capital-2) [Guillermo Rauch](https://millionrounds.com/fund/guillermo-rauch) Source recorded

## Founders and team

From Natural's own website: 4 founders, 4 on the team.

**Kahlil Lalji** CEO, Co-founder

**Eric Wang** CTO, Co-founder

**Walt Leung** CPO, Co-founder

**David Yi** Founding Talent

- **Gabby Smith** Head of Marketing
- **Natalie Charlton** Head of Legal & Compliance
- **Emanuel Kassie** Product Designer
- **Henry Yin** Product Designer

## 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** 2025 **Series A** 2026 [Forerunner Ventures](https://millionrounds.com/fund/forerunner-ventures) L [Abstract Ventures](https://millionrounds.com/fund/abstract) [Human Capital](https://millionrounds.com/fund/human-capital-2) [Guillermo Rauch](https://millionrounds.com/fund/guillermo-rauch) [Torch Capital](https://millionrounds.com/fund/torch-capital)

## Everyone who backed them

[Forerunner Ventures](https://millionrounds.com/fund/forerunner-ventures) VC firm **2** rounds, led 1

[Abstract Ventures](https://millionrounds.com/fund/abstract) VC firm **2** rounds

[Human Capital](https://millionrounds.com/fund/human-capital-2) Growth equity **2** rounds

[Guillermo Rauch](https://millionrounds.com/fund/guillermo-rauch) VC firm **1** round

[Torch Capital](https://millionrounds.com/fund/torch-capital) VC firm **1** round

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

## Also claim to have backed them

These 2 firms list Natural 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.

[ANTI FUND](https://millionrounds.com/fund/anti-fund) VC firm Per its own site

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

## Quick answers about Natural

### Who invested in Natural?

Natural's investors include Forerunner Ventures, Abstract Ventures, Human Capital, Guillermo Rauch and Torch Capital. Forerunner Ventures led its latest round.

### How much has Natural raised?

Natural has raised $40M across 2 rounds since 2025.

### When did Natural last raise?

Natural's most recent round was a Series A of $30M in Jul 2026, led by Forerunner Ventures.

### What was Natural's biggest round?

Its most recent round, $30M in Jul 2026, is also its largest on record.

### Who backed Natural first?

Natural's first round on record, in Oct 2025, was backed by Abstract Ventures, Forerunner Ventures and Human Capital and 1 others.

### What stage is Natural at?

Natural's latest named round is a Series A, in Jul 2026.

### Where is Natural based?

Natural is based in the United States.

### Who led Natural's rounds?

Forerunner Ventures led the Series A in 2026.

## Companies like Natural

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

[**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**e2e** $8.0M · Nov 2026](https://millionrounds.com/company/e2e)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute)

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