Summation Launches Decision-Grade AI Platform to Transform Enterprise Complexity into Profitable Growth

Backed by $35M from Benchmark and Kleiner Perkins, 
Summation delivers verified insights at 100x the breadth and depth of human teams

BELLEVUE, Wash., Oct. 1, 2025 /PRNewswire/ -- Summation today unveiled its Decision-Grade AI Platform, giving enterprise leaders real-time, verified insights to make faster, more confident decisions. Powered by a proprietary AI Calculation Engine, the platform runs thousands of analyses in parallel, instantly surfacing connections across fragmented systems. What once took weeks of manual prep now takes minutes, turning business complexity into clarity and profitable growth.

Redefining the limits of analysis
Leadership teams are constrained by bandwidth, leaving most possibilities unexplored.

"Executives are often forced to decide with partial visibility," said Ian Wong, CEO and Co-Founder of Summation. "Human teams can examine dozens of hypotheses; Summation evaluates thousands in parallel and in real time. The result is a fundamentally different way to run a business—one that continuously sees what others miss."

Summation has raised $35 million from Benchmark and Kleiner Perkins, with Chetan Puttagunta and Josh Coyne joining the board.

A new category for strategic management
Summation defines a new category: AI-native decision infrastructure. Unlike legacy tools that describe or store data, Summation drives decisions with scale and certainty.

The platform delivers through three core capabilities:

• AI Calculation Engine: Expands analysis 100x, running enterprise-wide drill-downs across every dimension of the business with continuous, cost-bounded computation.
• Verified Tasks: Automates high-value workflows such as variance analysis and reporting, producing audit-ready results tied directly to source data.
• Deep Dive: Orchestrates teams of AI agents to explore thousands of "what happened" and "why" scenarios in parallel, with outputs cross-checked, defensible, and boardroom-ready.

Together, these capabilities transform executive reviews from static reporting to continuous, forward-looking strategy sessions grounded in trust.

From messy data to decision-ready
Enterprises are typically live in under four weeks. Summation's Forward Deployed Team partners with finance and operations leaders to model what matters most, so the platform reflects how the business actually runs.

Unlike tools stitched together from multiple systems, Summation is vertically integrated end to end — from computation through orchestration to live editing. Selective integration across ERP, EPM, and warehouse data produces governed models ready for AI-scale workloads.

Proven enterprise results
Fanatics, a global leader in licensed sports merchandise, now anchors strategic reviews on real-time, decision-grade insight—at coverage beyond human capacity. Leaders debate actions, grounded in non-obvious, controllable, material drivers.

"Summation plays a valuable role in how we run Fanatics Commerce," said Andrew Low Ah Kee, CEO of Fanatics Commerce, "Analyses that once took weeks now happen instantly. Even better, AI is helping us get to questions we couldn't easily answer before—doing so in a way our teams can trust—so we can move faster and make smarter decisions."

Backed by leading investors
"Every major technology wave has required a rethink of enterprise infrastructure," said Chetan Puttagunta, General Partner at Benchmark. "Summation is that rethink for the AI era—surfacing insights and answering strategic questions that even the best analysts miss."

"Executives need not just AI, but AI they can depend on," said Josh Coyne, Partner at Kleiner Perkins. "Summation's AI platform delivers clarity with the confidence to act."

The next enterprise standard
Just as ERP defined the 1990s and cloud infrastructure defined the 2010s, AI-native platforms are set to define the next era of enterprise technology.

"Companies that win won't be the ones with the most dashboards or the biggest teams," Wong said. "They'll be the ones with decision-grade AI at their core. And that is exactly what Summation provides today."

Availability
Summation is available now. To learn more or request a demo, visit www.summation.com.

About Summation
For enterprise leaders facing critical decisions, Summation is the Decision-Grade AI Platform that delivers verified analysis at AI scale. With its proprietary Calculation Engine, Verified Tasks, and Deep Dive agents, Summation surfaces hidden drivers of performance and provides executives with real-time, audit-ready clarity to act with confidence. Backed by Benchmark and Kleiner Perkins, Summation is headquartered in Bellevue, WA.

Media Contact
Trevor Shih
Head of Business Operations
Summation
[email protected]

SOURCE Summation Technologies, Inc.