Summation
Summation is a business planning software company that offers an AI-powered solution for consolidating data, streamlining workflows, and optimizing decisions. Their primary customers are businesses seeking efficient planning tools. The company operates in the software and business services sectors.
Employees
42
Founded
2024
Ownership
venture capital
Est. revenue
$4.3M
Headcount
42
Website visitors
48,120
Workforce
Headcount by location
- United States76%
- India19%
- Nigeria4.8%
Split by department
- Engineering & R&D70%
- Founder, Owner & Executive13%
- Human Resources7.5%
- Consulting & Advisory5.0%
- Marketing & Comms2.5%
Seniority distribution
- Less than 5 years95%
- 10 to 20 years2.6%
- 5 to 10 years2.6%
Funding
$47.0M
Raised to date
DateTypeAmountInvestors
- 13 Jul 2026Seed$12.0MBalderton, Benchmark, Gradient, Magma Partners, Tribe Capital, Uncork Capital
One earlier round, with its terms and sources.
Investors
InvestorCompanies backedCountry
Kleiner PerkinsKleiner Perkins is a venture capital firm that specializes in investing in early-stage and growth companies. They partner with entrepreneurs to provide capital and strategic support, helping them navigate the challenges of building successful691United States
BenchmarkBenchmark is a venture capital firm that specializes in early-stage investments. It provides funding and board representation to startups, helping them navigate their growth challenges. The firm operates on an equal partnership model, ensuring313United States
BaldertonBalderton Capital is a venture capital firm that specializes in investing in European-founded technology companies. They provide capital and a unique wellbeing and performance platform to support founders in overcoming the challenges of building243United Kingdom
GradientGradient is a venture capital firm specializing in early-stage investments in artificial intelligence startups. They provide funding, mentorship, and support to founders, helping them navigate the challenges of building innovative AI solutions.201United States
Revenue
$4.3M
EBITDA
24.8M
Revenue source: Modeled estimate
People
How the team has changed month by month — joiners, leavers and where the hiring is going
Connections
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In the app
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Business Brokers
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Private Equity
M&A
Consulting
Venture Capital
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Search Funds
Business Brokers
Investment Banking
Private Equity
M&A
Consulting
Venture Capital
Corporate Development
Search Funds