Summation
Summation is a Bellevue, WA-based AI-native enterprise software company that connects fragmented financial and operational data into a governed model and uses autonomous agents to generate verified, exec-ready reports and analytics for enterprise decision-makers across finance, revenue, and operations functions.
- Company typePrivate
- Founded2024
- HeadquartersBellevue, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Summation does
Summation Technologies, Inc. is a privately held, Series A-stage enterprise software company headquartered in Bellevue, Washington, that builds a Decision-Grade AI Platform for executive decision-making. The company's core offering is a unified platform that connects directly to enterprise data sources — including Oracle ERP, Microsoft Dynamics 365, Anaplan, Oracle EPBCS, Oracle FCCS, Snowflake, Amazon Redshift, Google BigQuery, Salesforce, and Excel — and applies AI agents to a proprietary Calculation Engine ("Addison") that sustains 100x more compute than traditional data stacks. On top of the engine sit four tightly integrated modules: Reports (natural-language interface for exec-ready, traceable, verified reports), Deep Dive (autonomous agent that runs thousands of reconciled analyses for QBRs and investigations), Verified Tasks (KPI monitoring with automatic system-level checks), and Playbooks (repeatable, auditable workflows for recurring analyses such as monthly business reviews, variance analysis, and budget vs. actuals).
Summation sells primarily through enterprise field sales, pairing Account Executives with Forward Deployed Engineers and Solutions Leads who own deployment and customer success end-to-end; a secondary product-led motion offers a 14-day trial of Reports with the customer's own data. Pricing is quote-based, billed annually, with ACH payment and non-refundable terms. Revenue also includes a professional-services component tied to embedded deployment. Target buyers are horizontal — CFO/FP&A, CRO/RevOps, operations leaders, CIO/CDO, and CEO/COO personas — with named enterprise customers including Fanatics Commerce (e-commerce) and Lineage (temperature-controlled logistics REIT). The company has raised approximately $33.4M in Series A funding across two October 2025 tranches led by Benchmark and Kleiner Perkins, holds SOC 2 Type II certification, and operates a secondary engineering office in Chennai, India. Founder and CEO is Ian Wong, former co-founder and CTO of Opendoor and founding data scientist at Square.
Summation firmographics
Firmographics- Name
- Summation
- Legal name
- Summation Technologies, Inc.
- Website
- https://summation.com
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Summation is a Bellevue, WA-based AI-native enterprise software company that connects fragmented financial and operational data into a governed model and uses autonomous agents to generate verified, exec-ready reports and analytics for enterprise decision-makers across finance, revenue, and operations functions.
- Ownership category
- akta.pro rank
Summation industry classification
Industry- Product category
- Decision Intelligence Software
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)
- SIC
- Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management) (HDAEANAA)
- akta.pro secondary industries
- Summarization & Document Understanding (HDAAADAE), AI/ML Engineering & Model Development Services (BPAEAHAF)
Keywords
Where Summation is headquartered
LocationHeadquarters
- HQ city
- Bellevue
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Summation business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Annual Subscription: Recurring annual subscription billing with automatic renewal; ACH payment accepted; non-refundable. The billing cycle length is annual per the Terms & Conditions.
- Deployment & Solution Services: Forward Deployed Engineers and Solutions Leads are embedded with customers to translate complex enterprise needs into production-ready deployments, representing a professional services component tied to platform sales.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise subscription — quote-based, not publicly disclosed |
| Freemium | Pay-as-you-go | 14-day trial of the Reports product with the customer's own data |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels7 records
Summation product offering
Product offeringCore offering
Summation delivers a Decision-Grade AI platform for enterprise teams to unify data, automate analysis, and generate board-ready reports and strategic insights. The platform is powered by a proprietary Calculation Engine (Addison) designed to operate at AI scale with traceable, verified outputs and exec-ready formatting. Products include a unified AI analytics platform and an exec-ready reporting module, targeting finance, GTM, operations, and strategy functions at large enterprises.
Product overview
Summation's offering is a single unified Decision-Grade AI Platform (Summation Decision-Grade AI Platform) launched October 1, 2025, rather than a portfolio of standalone products. At its core sits the proprietary Summation Calculation Engine ("Addison"), a real-time modeling layer purpose-built for AI-era scale. On top of this engine sit several tightly integrated modules that work together: Reports (the natural-language interface for generating exec-ready, traceable, verified reports), Deep Dive (an autonomous agent that runs thousands of reconciled analyses for QBRs and investigations), Verified Tasks (an automation agent for KPI monitoring and system checks), and Playbooks (the framework that turns recurring reports into repeatable, auditable workflows). Together these components unify fragmented financial and operational data (warehouse, ERP, EPM, CRM, spreadsheets) into a governed model and deliver real-time, audit-ready analysis for enterprise executives.
Differentiator
Problem solved
Functional benefit
Brands
- Addison: Summation's AI calculation engine that combines a real-time modeling layer with AI to turn enterprise data into decision-grade insights.
Products and services
- Summation Decision-Grade AI Platform Unified AI analytics platform for enterprise finance, GTM, operations, and strategy teams that connects to data sources, orchestrates AI agents (Deep Dive, Verified Tasks, Playbooks), and produces decision-grade outputs on top of Summation's proprietary Calculation Engine.
- Reports Exec-ready reporting module within the Summation platform that delivers board- and leadership-ready narratives and visualizations built on the Calculation Engine, targeted at finance and GTM leaders who need polished, decision-grade outputs.
Quantifiable outcome
- Unlocked over $10 million in growth and cost-savings opportunities for Fanatics Commerce via AI at 100x scale
- +3 more outcomes
Companies that use Summation
Customer profileNamed customers2 records
Segments5 records
Ideal customer profiles1 record
Summation technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration11 records
AI capability10 records
Feature7 records
Summation partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core.
- Oracle ERPcoreSummation integrates directly with Oracle ERP as part of its ERP connector set, used by Fanatics Commerce to unify ERP, EPM, and warehouse data into a governed foundation.
- Microsoft Dynamics 365coreSummation integrates with Microsoft Dynamics 365 to ingest ERP data, demonstrated in the Fanatics Commerce deployment where Dynamics data was unified with Oracle ERP, Anaplan, and warehouse sources.
- AnaplancoreAnaplan is integrated as a connected EPM source alongside Oracle EPBCS/FCCS, enabling Summation to unify planning and consolidation data with ERP and warehouse signals.
- Oracle EPBCScoreOracle Enterprise Planning and Budgeting Cloud Service is integrated as an EPM data source for Summation's governed modeling foundation.
- Oracle FCCScoreOracle Financial Consolidation and Close Cloud Service is integrated as an EPM data source alongside Oracle EPBCS and Anaplan.
- SnowflakecoreSnowflake is one of Summation's primary data warehouse integrations; Fanatics Commerce deployed Summation on Snowflake to unify ERP and EPM data for AI-driven analysis.
- Amazon RedshiftcoreRedshift is one of Summation's primary data warehouse integrations alongside Snowflake, used to ingest and unify large-scale enterprise data.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Summation competitors and assessment
Company assessmentBroad incumbents
- Microsoft (Copilot for Finance / Dynamics 365): Microsoft's Copilot for Finance and Dynamics 365 Copilot bundle AI-generated insights, summaries, and analysis directly into the ERP/CRM systems Summation already integrates with. Bundled pricing and incumbency make Microsoft one of the most credible competitive threats to Summation's enterprise finance and operations use cases.
- Databricks (AI/BI / Genie): Databricks offers AI/BI Genie, a natural-language interface that runs on top of the customer's lakehouse, directly competing for AI-driven, governed analytics on enterprise data. As a much larger platform with built-in ML/AI, Databricks is both a potential partner and a competitive threat to Summation's warehouse-native positioning.
- Domo: Domo is a cloud-native BI and analytics platform that incorporates AI-driven insights, natural-language querying, and embedded app experiences for business users. It competes with Summation for AI-augmented, business-user-facing analytics on top of cloud data warehouses.
- Palantir (Foundry / AIP): Palantir's Foundry and AIP platforms are decision-intelligence systems used by large enterprises for data integration, AI-driven analytics, and operational workflows. While broader and more infrastructure-heavy than Summation, Palantir is the canonical enterprise AI-decision platform and a frequent competitive reference point for buyers.
- Salesforce (Einstein / Agentforce / Tableau): Salesforce's Einstein and Agentforce layers, combined with Tableau, deliver AI-driven analytics, predictive scoring, and natural-language Q&A for revenue, customer, and operational data. Summation's RevOps and pipeline coverage use cases overlap directly with Salesforce's CRM-anchored AI capabilities.
Direct peers
- Sisense: Sisense is an embedded analytics and AI platform that combines composable data models, AI-driven insights, and natural-language interfaces for enterprise users. It competes for the same AI-for-business-user workflow that Summation's Reports and Deep Dive products target.
- ThoughtSpot: ThoughtSpot is an AI-powered analytics platform with natural-language querying, search-based BI, and embedded analytics, used heavily by enterprise finance and operations teams. Summation competes head-on for AI-driven, business-user-friendly analytics on top of cloud warehouses.
- Tellius: Tellius is an AI-driven decision intelligence platform that combines natural-language querying, automated insights, and root-cause analysis on enterprise data. Its focus on surfacing hidden drivers and automating analyst workflows closely mirrors Summation's Deep Dive and Verified Tasks capabilities.
- Hebbia: Hebbia is an AI knowledge-worker platform that ingests large enterprise document and data sets (with a strong foothold in finance, legal, and asset management) and produces verified analytical outputs. Its product overlap with Summation — multi-source enterprise AI analysis with citations and audit trails for finance/operations users — makes it one of the closest comparables.
Emerging players
- Tactic: Tactic is an AI-native FP&A platform that automates financial reporting, variance analysis, and scenario modeling for finance teams. It is a more focused, FP&A-only competitor that targets the same enterprise finance buyer as Summation's primary persona.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Summation social profiles
Digital presenceSummation compliance and trust
Trust signalCompliance1 record
Summation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Summation leadership team
Management profileNumber of profiles
Profiles1 record
Summation funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Summation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Summation
What does Summation do?
Summation delivers a Decision-Grade AI platform for enterprise teams to unify data, automate analysis, and generate board-ready reports and strategic insights. The platform is powered by a proprietary Calculation Engine (Addison) designed to operate at AI scale with traceable, verified outputs and exec-ready formatting. Products include a unified AI analytics platform and an exec-ready reporting module, targeting finance, GTM, operations, and strategy functions at large enterprises.
Is Summation a public or private company?
Summation is a private company. It is classified as venture growth investor backed and is currently operating.
When was Summation founded?
Summation was founded in 2024. It employs 11 to 50 people.
Where is Summation based?
Summation is headquartered in Bellevue, United States, in the North America region.
How does Summation make money?
Two revenue lines are on record. Annual Subscription is the primary driver. The others are deployment & Solution Services.
Who are Summation's main competitors?
Broad incumbents on record are Microsoft (Copilot for Finance / Dynamics 365), Databricks (AI/BI / Genie), Domo, Palantir (Foundry / AIP) and Salesforce (Einstein / Agentforce / Tableau). Direct peers are Sisense, ThoughtSpot, Tellius and Hebbia. Tactic is listed as an emerging player.
Does Summation have an API?
No public API is recorded for Summation.
What industry is Summation in?
Summation's product category is Decision Intelligence Software. Its primary akta.pro industry code is HDAEANAA, End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management), with a secondary code of HDAAADAE, Summarization & Document Understanding. Its NAICS code is 5182 and its SIC code is 7373.