AI analysts for operations and finance teams — verified, exec-ready analysis built from a company's own data
Summation (Summation Technologies, Inc.) builds what it calls a decision-grade AI platform: teams of AI analysts that sit on top of a company's existing data systems, run thousands of analyses in parallel and surface connections across fragmented sources, compressing work that took weeks of manual preparation into minutes. The platform automates financial reconciliation, variance analysis and management reporting for operations and finance leaders, and the company's pitch is trust rather than generation — analysis traceable to source and defensible in the room, which it contrasts with general-purpose assistants. It was founded in January 2024 by CEO Ian Wong, a co-founder and former CTO of Opendoor and Square's first data scientist, with CTO Ramachandran "RC" Ramarathinam, who led Opendoor's core transaction platform. Headquartered in Bellevue, Washington, it came out of stealth on 2025-10-01 with $35M from Benchmark, which led the seed, and Kleiner Perkins, which led the Series A, and fewer than 40 employees across engineering, product and go-to-market. It launched Reports — verified, repeatable executive analysis — on 2026-04-28, and on 2026-09-10 opened the product to self-serve signup at $60 and $200 per user per month after a year of enterprise deployments it says included Fanatics, Lineage and Grid. No round has ever carried a disclosed valuation, so this row is unpriced. Not to be confused with the litigation e-discovery product Summation (AccessData/Exterro), with Summation Bio, or with Summation Research.
Artificial Intelligence📍 Bellevue, WAFounded 2024
Current Valuation
Private
PRIVATE
IPO Outlookprivate
Is Summation going public?
No. Summation is private and has not filed to go public. There is no S-1 on file.
What is Summation's valuation in 2026?
No confirmed valuation is on record for Summation. The roster shows funding and investors where they are public; it does not estimate a mark.
Has Summation filed an S-1?
No public S-1 is on file for Summation.
Who are Summation's investors?
Summation's investors include Benchmark, Kleiner Perkins.
Can you buy Summation stock?
No. Summation is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Summation on its Pre-IPO Access Desk.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Company Profile
CEO
Ian Wong
Founded
2024
HQ
Bellevue, WA
Employees
~40
Total Raised
$35M
Growth
Out of stealth 2025-10-01 with $35M from Benchmark and Kleiner Perkins and fewer than 40 staff. Shipped Reports in April 2026 and opened the product to self-serve signup on 2026-09-10 after a year of enterprise deployments at Fanatics, Lineage and Grid. No valuation, revenue or headcount update has been disclosed since launch.
IPO Status
private
Fundraising Status
Series A · 11 mo ago
privateTotal raised $35M2 disclosed rounds
Funding History
Round
Amount
Date
Lead Investor
Post-Money
Series A
—
Oct 2025
Kleiner Perkins
—
Seed
—
Benchmark
—
Vertical Intelligence — AI / ML
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Talent Signal
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Founders & Key People
Ian WongRamachandran "RC" Ramarathinam
Investors
Benchmark · Kleiner Perkins
Products
Summation AI analyst — teams of AI analysts that run thousands of analyses in parallel across a company's systems to diagnose the business in near real time
Reports (launched 2026-04-28) — verified, exec-ready reports traceable to source and repeatable each operating cycle
Automated financial reconciliation, variance analysis and management reporting
Self-serve plans since 2026-09-10: Pro at $60/user/month and Max at $200/user/month
Enterprise deployment programme — Summation staff identify responsibilities to delegate and do the last-mile production work
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of recent date. Refreshed quarterly.