United States · 
Who invested in Frore Systems?
Frore Systems's investors include Alumni Ventures, Mayfield Fund, Fidelity, StepStone Group and Addition, and 5 more on record. Modern Venture Partners led its latest round.
20252026
$80MSeries C$143MSeries D
United States · Series D startup
Who invested in Frore Systems
2 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.
Raised 7 months agoValuation: $1.6B, Mar 2026
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Funding summaryUpdated 27 Oct 2026
$223Mraised across 2 rounds since 2024, from 3 sources
$80MSeries C$143MSeries D
- Latest round
- Series D, $143MMar 2026
- Led by
- Modern Venture Partners
- Step-upi
- 1.8×
- Investors
- 10 (1 led)
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Series C, $80M May 2024
- Biggest round
- $143M Series D · Mar 2026
- Between rounds
- 22 months from the last two
The rounds
- Mar 2026Series D$143M5 new5 returning
Modern Venture PartnersLead
Alumni Ventures
Mayfield Fund- Fidelity
Qualcomm Ventures
StepStone Group
Addition
Prosperity7 Ventures
Clear Ventures- Top Tier
Reported by TechStartups and 1 other
- May 2024
Founders and team
From Frore Systems's own website: 49 on the team.
- Xiaopeng ZhangSr Director, Head of Greater China BD/Sales
- Alex ChenStaff Engineer
- Angela KawamotoSenior Office Manager
- Beckett AvaryEngineer
- Benden PanPrincipal Engineer
- Branislav DubocaninPrincipal Hardware Engineer
- Brian ChungSenior Director of Customer Engineering
- Chris JoSenior Staff Engineer
- David SungStaff Engineer
- Dr. Ananth YalamarthyPrincipal Engineer
- Dr. Gyuho SongSenior Engineer
- Dr. Ji Hoon KimStaff Engineer
- Dr. Liming WangDirector of Engineering
- Dr. Pengcheng LiPrincipal Engineer & Reliability Lead
- Dr. Philip StephanouPrincipal Engineer
- Dr. Tsong KaoSenior Director of Technology
- Dr. Vikram MukundanPrincipal Engineer
- Finn PaisleyEngineer
And 31 more on the team.
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.
Everyone who backed them
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
This firm lists Frore Systems 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.
Quick answers about Frore Systems
How much has Frore Systems raised?
Frore Systems has raised $223M across 2 rounds since 2024.
When did Frore Systems last raise?
Frore Systems's most recent round was a Series D of $143M in Mar 2026, led by Modern Venture Partners.
What was Frore Systems's biggest round?
Its most recent round, $143M in Mar 2026, is also its largest on record.
Who backed Frore Systems first?
Frore Systems's first round on record, in May 2024, was backed by Alumni Ventures, Mayfield Fund and Fidelity and 2 others.
What stage is Frore Systems at?
Frore Systems's latest named round is a Series D, in Mar 2026.
Where is Frore Systems based?
Frore Systems is based in the United States.
Who led Frore Systems's rounds?
Modern Venture Partners led the Series D in 2026.
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