About fal
Fal helps developers and businesses create images, video, and audio with generative software. Its service provides more than 1,500 models and rented graphics processors that scale without server setup. The platform serves more than 2.5 million developers with 10-times faster model runs and 99.99% uptime. Customers include entertainment studios, advertising agencies, and online retailers. Game developers and marketing teams also run its models in production.
Fal operates from San Francisco, and Burkay Gur is its chief executive officer. Its trust and safety group handles policy, moderation, enforcement, and outside partnerships. Fal works with the National Center for Missing & Exploited Children and Thorn to detect known child sexual abuse material. It is onboarding with StopNCII.org to identify redistributed nonconsensual intimate images. The platform also uses OpenAI's Omni moderation service for real-time harmful-content filtering. Fal's research grants provide computing resources to open-source researchers and developers. The program reports $2 million in total grants, a $50,000 average award, and 12 companies incubated.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Apr 23, 2026 | Nov 12, 2026 | $349,998,063fully sold | 20 | $17.4M | EquityRule 506(b) | Form D ↗ |
| Oct 28, 2026 | Nov 12, 2026 | $1,032,193,939of $1.29B target | 42 | $24.5M | EquityRule 506(b) | Form D ↗ |
| Sep 15, 2026 | Nov 12, 2026 | $10,750,000fully sold | 14 | $767K | Equity, Options, Securities on exerciseRule 506(b) | Form D ↗ |
| Nov 14, 2025 | Dec 10, 2025 | $140,499,494of $140.4M target | 19 | $7.3M | EquityRule 506(b) | Form D ↗ |
| May 27, 2025 | Aug 11, 2025 | $124,999,752fully sold | 21 | $5.9M | EquityRule 506(b) | Form D ↗ |
| Dec 19, 2024 | Feb 24, 2025 | $48,799,968fully sold | 8 | $6.0M | EquityRule 506(b) | Form D ↗ |
| Apr 9, 2024 | Apr 17, 2024 | $11,899,994of $14.0M target | 6 | $1.9M | EquityRule 506(b) | Form D ↗ |
| Jun 27, 2022 | Jul 20, 2022 | $6,912,481of $7.4M target | 4 | $1.7M | EquityRule 506(b) | Form D ↗ |
| Total, eight offerings | $1,726,053,691 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
What the SEC Filings Show
- Sonya Huang of Sequoia Capital, which led the Series E round, first appears as a director on the Form D that fal filed on November 12, 2026. [11][18][5]Form D filings that name Sonya Huang (8):
- Mercury, director: Apr 11, 2025 · May 20, 2026
- Zed Industries, director: Aug 20, 2025
- Standard Intelligence, director: Jun 5, 2026 · Jun 5, 2026
- fal, director: Nov 12, 2026 · Nov 12, 2026 · Nov 12, 2026
- Talia Goldberg of Bessemer Venture Partners, which led the Series F round, first appears as a director on the Form D that fal filed on November 12, 2026. [11][19][5]Form D filings that name Talia Goldberg (3):
- fal, director: Nov 12, 2026 · Nov 12, 2026 · Nov 12, 2026
- Arsham Memarzadeh first appears as a director on the Form D that fal filed on August 11, 2025. [14]Form D filings that name Arsham Memarzadeh (5):
- fal, director: Aug 11, 2025 · Dec 10, 2025 · Nov 12, 2026 · Nov 12, 2026 · Nov 12, 2026
- Jennifer Li first appears as a director on the Form D that fal filed on February 24, 2025. [15]Form D filings that name Jennifer Li (8):
- Pylon Labs, director: Jun 18, 2024 · Sep 5, 2025
- fal, director: Feb 24, 2025 · Aug 11, 2025 · Dec 10, 2025 · Nov 12, 2026 · Nov 12, 2026 · Nov 12, 2026
- Glenn Solomon first appears as a director on the Form D that fal filed on February 24, 2025. [15]Form D filings that name Glenn Solomon (7):
- Patronus AI, director: Jun 6, 2024
- fal, director: Feb 24, 2025 · Aug 11, 2025 · Dec 10, 2025 · Nov 12, 2026 · Nov 12, 2026 · Nov 12, 2026
Who Invested in fal
Scroll table to see all columns →
| Announced | Round | Amount | Lead | Other investors | On the Form D | Source |
|---|---|---|---|---|---|---|
| Nov 2026 | Series E | Undisclosed | Sequoia Capital | — | [5] | |
| Nov 2026 | Series F | Undisclosed | Bessemer Venture Partners | ReturningNVIDIA. | [5] |
Announced amounts can differ from Form D figures: an announcement can combine several closings, and some money is raised without a Form D.
Why Investors Backed fal
Fal frames the investment case around two scarce inputs: large-scale inference capacity and the people building what comes next. Investors backed both after fal improved existing models for quality and speed. [5]
Product and Technology
Fal offers an image model called Seedream 5.0 Pro for precise, region-based edits. It can separate an image into more than 10 layers, generate up to 2048-by-2048 pixels, and render text in over 10 languages. [7]
Fal also offers ByteDance's video model, Dreamina Seedance 2.5. It makes clips up to 30 seconds at 1080p and can combine 50 mixed-media references. [8]
Fal's free background removal tool produces 4K image cutouts without requiring an account. [9]
Use of Funds
- Fal will use the Series E and Series F funding for new research in 2027. [5]
Market
Fal's view is that open-source projects can advance artificial intelligence and support the wider AI community. [6]
We wrote this summary from public statements by fal and its investors. It is not investment advice.
Leadership Team
Executive officers and directors listed on fal's Form D filed Nov 12, 2026.
Sources
- Companyfal homepage · linked above ↑
- Companyfal Terms of Service
- Companyfal Acceptable Use Policy
- Companyfal Trust and Safety
- Companyfal Series E and Series F announcement
- Companyfal Research Grants
- CompanySeedream 5.0 Pro on fal
- CompanySeedance 2.5 on fal
- Companyfal background remover
- SECfal Form D, filed 2026-11-12 · linked above ↑
- SECfal Form D, filed 2026-11-12 · linked above ↑
- SECfal Form D, filed 2026-11-12 · linked above ↑
- SECfal Form D, filed 2025-12-10 · linked above ↑
- SECfal Form D, filed 2025-08-11 · linked above ↑
- SECfal Form D, filed 2025-02-24 · linked above ↑
- SECfal Form D, filed 2024-04-17 · linked above ↑
- SECfal Form D, filed 2022-07-20 · linked above ↑
- ProfileSonya Huang at Sequoia Capital · linked above ↑
- ProfileTalia Goldberg at Bessemer Venture Partners · linked above ↑
- SECfal - Features & Labels, Inc. filing history