What is Summation?
Summation operates as the Decision-Grade AI Platform, designed to furnish verified analysis at an unprecedented AI scale. Its core technology comprises a proprietary Calculation Engine, Verified Tasks, and Deep Dive agents. These components work in concert to reveal hidden performance drivers, equipping executives with real-time, audit-ready clarity essential for confident decision-making. The company is headquartered in Bellevue, WA.
How much funding has Summation raised?
Summation has raised a total of $35M across 1 funding round:
Unspecified
$35M
Unspecified (2025): $35M with participation from Kleiner Perkins and Benchmark
Key Investors in Summation
Kleiner Perkins
Kleiner Perkins is a Menlo Park-based venture capital firm that raises dedicated funds and invests in early and growth-stage technology and life science companies, backing founders across consumer, enterprise, healthcare, and climate/hard tech with capital and operational support from seed through IPO or acquisition.
Benchmark
Benchmark is a venture capital firm based in San Francisco that provides seed money to startups. The firm's most successful investment was a 1997 investment of $6.7 million in eBay for 22.1% of the company. In 2011, it invested $12 million for an 11% stake in Uber, worth $7 billion in 2019.
What's next for Summation?
With this major strategic investment, Summation is poised for accelerated growth and market expansion. The enterprise-level funding suggests a focus on scaling operations, enhancing its AI capabilities, and broadening its customer base within the corporate sector. This capital injection will likely fuel further development of its Decision-Grade AI Platform, reinforcing its position as a leader in providing actionable, audit-ready insights for executive decision-making.
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