Fundamento - About the company
Fundamento is a seed company based in San Francisco (United States), founded in 2020 by Ankit Durga, Megha Aggarwal and Vickram Saigal. It operates as a Developer of AI voice agent for automating lending customer interactions. Fundamento has raised $3.67M in funding from IIFL Finance and Kaabil, with a current valuation of $*****. The company has 160 active competitors, including 42 funded and 15 that have exited. Its top competitors include companies like Glia, Kasisto Tech and Arya.ai.
Company Details
Developer of AI voice agent for automating lending customer interactions. The AI agent handles end-to-end automation from loan discovery to collections. It provides solutions with intelligent conversations and aims for zero human intervention. The agent converses fluently in multiple languages and retains context across the entire lending lifecycle. It integrates into lending ecosystems, powering customer engagement while maintaining security and compliance.
- Website
- fundamento.ai
- Social
- Email ID
- *****@fundamento.ai
- Phone Number
- +91 **********
- Registered Address
- A-38, NEW FRIENDS COLONY NEW DELHI, South Delhi, DELHI, Delhi, India, 110065
Key Metrics
Founded Year
2020
Location
San Francisco, United States
Stage
Seed
Total Funding
$3.67M in 8 rounds
Latest Funding Round
Post Money Valuation
$***** as on Mar 31, 2024
Investors
Ranked
3rd among 160 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
64 as on Jul 31, 2026
Legal entities associated with Fundamento
Fundamento is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SKILLR TALENT PRIVATE LIMITED CIN: U72501DL2021PTC391513 , India, Active | Dec 21, 2021 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
SKILLR TECHNOLOGIES PRIVATE LIMITED CIN: U80903DL2020PTC370929 , India, Active | Oct 05, 2020 | 0 - ₹10 Cr (As on Mar 31, 2025) | - |
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Fundamento's funding and investors
Fundamento has raised a total funding of $3.67M over 8 rounds. Its first funding round was on Nov 26, 2020. Its latest funding round was a Seed round on Oct 18, 2025 for $*****. 5 investors participated in its latest round. Fundamento has 12 institutional investors and 18 angel investors.
Here is the list of recent funding rounds of Fundamento:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 18, 2025 | 4734242 | Seed | 6481902 | 3264837 | 8319459 | 9261334 |
Aug 2024 | 1981508 | Seed | 5624072 | 9423270 | 6985426 | |
Mar 31, 2024 | 1483212 | Angel | 8646362 | 8794003 | 8986099 |
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Fundamento's founders and board of directors
Founder? Claim ProfileThe founders of Fundamento are Ankit Durga, Megha Aggarwal and Vickram Saigal. Ankit Durga is the CEO of Fundamento.
Here are the details of Fundamento's key team members:
- Ankit Durga: Co-Founder & CEO of Fundamento and founder of 2 other companies, Skillr and Leap Skills Academy. They are also an angel investor in 1 startup and serve on the boards of 2 companies.Contact Info: 3 email addresses and 1 phone number
- Megha Aggarwal: Co-Founder of Fundamento and founder of 2 other companies, Skillr and Leap Skills Academy. They are also an angel investor in 1 startup and serve on the boards of 2 companies.Contact Info: 1 phone number
- Vickram Saigal: Co-Founder of Fundamento. Contact Info: 1 email address
Fundamento's Board of Directors
Fundamento's board has 2 active members. Ankit Durga and Megha Aggarwal are part of team.Here is the list of Fundamento's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 5y 10m | |
Team | - | Current | 5y 10m |
View details of Fundamento's Founder profiles and Board Members
Fundamento's employee count trend
Fundamento has 64 employees as of Jul 26. Here is Fundamento's employee count trend over the years:
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Fundamento's Competitors and alternates
Top competitors of Fundamento include Glia, Kasisto Tech and Arya.ai. Here is the list of Top 10 competitors of Fundamento, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Glia 2012, New York City (United States), Series D | Developer of an AI contact center platform for financial institutions | $152M | 68/100 | |
2nd |  Kasisto Tech 2013, New York (United States), Acquired | Provider of an AI based conversational banking solution | $90.9M | 67/100 | |
3rd |  Fundamento 2020, San Francisco (United States), Seed | Developer of AI voice agent for automating lending customer interactions | $3.67M | 65/100 | |
4th | Provider of AI-powered platforms and APIs for financial services | $2.19M | 64/100 | ||
5th | Clearspeed 2016, San Diego (United States), Series D | Provider of AI and voice-based risk assessment platform | $110M | 62/100 | |
6th |  Posh 2018, Boston (United States), Series A | Provider of AI platform and solutions for financial service institutions | $45M | 61/100 | |
7th | Homebot 2015, Denver (United States), Acquired | Chatbot based lead generation platform for real estate agents | $4M | 61/100 | |
8th | Eltropy 2014, Milpitas (United States), Series A | Platform offering reputation management software | $25M | 61/100 | |
9th | Personetics Inc 2011, White Plains (United States), Series D | AI based personalized customer engagement platform for financial services | $178M | 59/100 | |
10th | Nivo 2017, Wilmslow (United Kingdom), Series A | Developer of an AI platform for streamlining loan application processes | $3.82M | 58/100 |
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Fundamento's Latest cap tables and shareholding
Founders (largest shareholder) own 94.76%, Enterprises own 3.70% and Angels own 1.54%. The net worth of Fundamento's founders is INR 30Cr as of Mar 31, 2024.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 94.76% | 30Cr | 8463552 | 7856534 | 1515432 | 1190698 |
4882808 | 9528342 | 2861310 | 1735932 | 9995910 | 1759197 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 3.70% | 1.17Cr | 652 | 219 | 530 | 442 |
Angel | 1.54% | 48.9L | 8 | 8 | 3 | 5 |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Total | 100.00% | 31.7Cr | 2530528 | 4403928 | 7313789 | 9779940 |
To unlock detailed Cap Table of Fundamento Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Fundamento's Shareholding
Fundamento's Investments and acquisitions
Fundamento has made no investments or acquisitions yet.
Reports related to Fundamento
Here is the latest report on Fundamento's sector:
News related to Fundamento
Media has covered Fundamento for 1 event in last 1 year.
•
Voice AI startup Fundamento raises $1.9 million led by IIFL Fintech FundThe Economic Times•Oct 17, 2025•Fundamento, IIFL Finance, The Players Fund, Venture Catalysts and 3 others
•
•
Fundamento launches AI virtual assistant for frontline teams – YaraBusinessnewsthisweek•Aug 02, 2023•Fundamento
•
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Hiring platform Skillr raises $1.2Mn in seed fundingPeople Matters•Dec 20, 2021•Fundamento, LetsVenture
•
HR tech start-up Skillr raises $1.2 mn from Binny Bansal, Kunal ShahBusiness Standard•Dec 14, 2021•Fundamento
•
Former head of Google’s Next Billion initiative invests in Indian HRtech firmTech in Asia•Jun 28, 2021•Fundamento
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