Fundz

Faro AI Raises $37.3M in Series B Funding to Enhance AI Capabilities.

PRIVATEAug 26, 2026

Amount Raised

$37.3 Million

Round Type

Series B

San DiegoBiotechnologySoftwareArtificial IntelligenceMachine Learning

Investors

General CatalystNorthpond VenturesPolaris PartnersPTX CapitalZettaAnkona CapitalMerck Global Health Innovation FundS32

Description

Faro AI, Inc., a San Diego-based developer of AI infrastructure, secured $37.3M in Series B financing. The round was co-led by Merck Global Health Innovation Fund and S32, with participation from existing and new investors. Funds will be used to expand agentic AI capabilities and support their client work. Faro serves pharmaceutical and biotechnology organizations.

Quick answer

Faro AI raised $37.3 Million in a Series B round, dated August 26, 2026. Investors: General Catalyst, Northpond Ventures, Polaris Partners, PTX Capital, Zetta, Ankona Capital, Merck Global Health Innovation Fund and S32. Faro AI is based in San Diego, California, United States.

How much did Faro AI raise?
Faro AI raised $37.3 Million in a Series B round on August 26, 2026.
Who invested in Faro AI?
General Catalyst, Northpond Ventures, Polaris Partners, PTX Capital, Zetta, Ankona Capital, Merck Global Health Innovation Fund and S32 are named as investors in this round.
What does Faro AI do?
Faro AI, Inc. is a developer of a structured data and AI infrastructure for modern clinical development.
Where is Faro AI based and how big is it?
Faro AI is based in San Diego, California, United States. Fundz records about 2 employees.

Source: Fundz verified event record.

Who else raised in Biotechnology and Software around the same time

Companies in the same sectors as Faro AI that raised within 45 days of this round, from Fundz verified event records.

  • AIBORN Ltd raised an undisclosed amount on October 5, 2026.
  • UCANACT raised $913K (Pre-Seed) on September 20, 2026.
  • Pixeom raised an undisclosed amount (Seed) on September 9, 2026.
  • Odysight.ai raised $11M (Post-IPO Equity) on August 21, 2026.
  • Aiforia raised $23M (Debt Financing) on August 3, 2026.
  • Klarent raised $8M (Seed) on October 9, 2026.

Who to call at Faro AI, and when

A new round usually means Faro AI is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Faro AI raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Faro AI, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Faro AI. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Faro AI

Location

San Diego, California, United States

About

Faro AI, Inc. is a developer of a structured data and AI infrastructure for modern clinical development. The company provides a system that translates complex scientific, medical, regulatory, and operational concepts into structured intent for software and AI agents. Faro serves pharmaceutical and biotechnology organizations and aims to enhance its agentic AI capabilities with its recent funding. Led by CEO Scott Chetham, Faro focuses on helping development teams automate workflows across the clinical development lifecycle.

AI made execution free. Knowing first is the whole game now.

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

Predictive Intelligence
Strategic

ML-powered predictions for Faro AI's next move

See what Strategic adds

Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Faro AI 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.

5 screens from a live account. No signup.

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 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.