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Fragment raises $12M Series A led by Firstmark to enable AI agents to build autonomous financial systems with guaranteed correctness.

PRIVATEOct 14, 2026

Amount Raised

$12 Million

Round Type

Series A

New YorkFinancial ServicesSoftwareArtificial IntelligenceFinanceFintech

Investors

BoxGroupFirstMark Capital

Description

Fragment, an AI-enabled financial infrastructure startup, closed a $12 million Series A funding round to help vertical AI businesses automate their customers' financial operations. Firstmark led the round with participation from BoxGroup. The platform allows agents to build autonomous financial systems while enforcing financial correctness to prevent hallucinations and invalid transactions. Fragment's Series A brings total funding to $23 million, and the company is headquartered in New York.

Company Information

Company

Fragment

Location

New York, New York, United States

About

Fragment is an AI-enabled financial infrastructure startup that enables vertical AI businesses to automate their customers' financial operations. The platform allows agents to build autonomous financial systems with guaranteed correctness, making agent hallucinations and invalid transactions impossible. Fragment serves customers like Ramp, BILL, and Whop, providing engineers with financial superpowers for billing, payments, and accounting automation. The company enforces financial correctness across internet-scale financial systems.

Fundz sees it the moment Fragment raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Fragment raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.