Halluminate raises $30M Series A led by Oak HC/FT to build AI training environments for financial work.
PRIVATEOct 01, 2026
Amount Raised
$30 Million
Round Type
Series A
San FranciscoFinancial ServicesArtificial IntelligenceMachine Learning
Investors
Oak Hc/Ft
Description
Halluminate, a nine-person San Francisco startup, has raised $30 million in Series A funding led by Oak HC/FT. The company builds AI training environments and benchmarks AI models on financial tasks to identify performance gaps. Halluminate creates simulated training environments focused on industry-specific financial work, with four top U.S. AI labs as customers
Company Information
Company
Halluminate
Location
San Francisco, California, United States
About
Halluminate is a San Francisco-based startup that builds AI training environments specialized for financial work. The company benchmarks AI models on financial tasks to identify gaps and creates simulated training environments to address those deficiencies. Founded in 2024, Halluminate focuses on "verticalized data research labs" that simulate complex financial workflows like investment banking and private equity due diligence. The company counts four of the top five U.S. AI labs as customers and has achieved a mid-eight figure annualized revenue run rate while remaining profitable.
Fundz sees it the moment Halluminate raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.