Key Takeaways
- • Profound raised $180 million in Series D funding co-led by Sequoia Capital and Kleiner Perkins, valuing the company at $1.8 billion, an 80% increase from its $1 billion Series C valuation just seven months prior.
- • The company has achieved significant enterprise penetration, serving over 1,000 enterprise brands including one-third of the Fortune 100, with notable clients spanning Walmart, Comcast, The Estée Lauder Companies, Royal Bank of Canada, Zoom, ServiceNow, and MongoDB.
- • Total capital raised to date reaches $335 million, with participation from existing investors Lightspeed Venture Partners, Khosla Ventures, Saga Ventures, Evantic, and South Park Commons alongside the new co-leads.
- • The rapid valuation expansion—from $1 billion to $1.8 billion in seven months—signals strong demand for Profound's enterprise solutions and confidence from tier-one venture investors in the company's growth trajectory.
Summary
Profound announced a $180 million Series D funding round on September 15, 2026, co-led by Sequoia Capital and Kleiner Perkins. The round values the company at $1.8 billion, representing substantial momentum following its Series C raise in February 2026, which valued the company at $1 billion. This 80% valuation increase over a seven-month period underscores accelerating investor confidence and market demand for the company's enterprise offerings.
The funding round drew participation from existing backers Lightspeed Venture Partners, Khosla Ventures, Saga Ventures, Evantic, and South Park Commons, bringing cumulative capital raised to $335 million. The involvement of marquee venture firms Sequoia and Kleiner Perkins as co-leads signals validation from leading institutional investors typically focused on later-stage growth opportunities with demonstrated market traction.
Profound's enterprise footprint demonstrates substantial market adoption. The company now serves more than 1,000 enterprise brands, with particular strength among Fortune 100 companies—accounting for approximately one-third of that cohort. Notable clients include retail and consumer leaders Walmart and The Estée Lauder Companies, financial institution Royal Bank of Canada, telecommunications provider Comcast, and spirits company Campari Group. The customer roster also spans high-growth software and platform companies including Zoom, ServiceNow, Ramp, Cursor, MongoDB, and Figma, reflecting diversified adoption across enterprise segments.
The rapid valuation trajectory and broad-based enterprise adoption position Profound as a notable growth-stage enterprise company, with Series D backing from top-tier venture capital indicating readiness for potential subsequent growth rounds or strategic exit optionality.
The funding round drew participation from existing backers Lightspeed Venture Partners, Khosla Ventures, Saga Ventures, Evantic, and South Park Commons, bringing cumulative capital raised to $335 million. The involvement of marquee venture firms Sequoia and Kleiner Perkins as co-leads signals validation from leading institutional investors typically focused on later-stage growth opportunities with demonstrated market traction.
Profound's enterprise footprint demonstrates substantial market adoption. The company now serves more than 1,000 enterprise brands, with particular strength among Fortune 100 companies—accounting for approximately one-third of that cohort. Notable clients include retail and consumer leaders Walmart and The Estée Lauder Companies, financial institution Royal Bank of Canada, telecommunications provider Comcast, and spirits company Campari Group. The customer roster also spans high-growth software and platform companies including Zoom, ServiceNow, Ramp, Cursor, MongoDB, and Figma, reflecting diversified adoption across enterprise segments.
The rapid valuation trajectory and broad-based enterprise adoption position Profound as a notable growth-stage enterprise company, with Series D backing from top-tier venture capital indicating readiness for potential subsequent growth rounds or strategic exit optionality.
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