Dust
About Dust
Dust is a AI Agents startup based in Paris, France that has raised $62M in venture capital across 3 funding rounds since 2023. The company reached Series B stage in June 2023 with a $5.5M round led by Sequoia Capital. Dust's investor base includes 10 institutional funds, with Abstract leading the most recent equity round.
Dust is a Paris-based enterprise AI platform founded in February 2023 by Gabriel Hubert (CEO) and Stanislas Polu — two former Stripe engineers who previously founded TOTEMS (acquired by Stripe in 2014), with Polu having also spent time as a Research Engineer at OpenAI. Dust lets organizations deploy, orchestrate, and govern fleets of specialized AI agents connected to company knowledge bases and business tools including Slack, Notion, Google Drive, Salesforce, and more than 100 other integrations. Its core concept is 'multiplayer AI': shared workspaces where human teammates and AI agents collaborate as co-contributors on the same tasks, data, and conversations — moving beyond isolated, single-user AI assistant interactions. Dust serves over 3,000 global organizations and raised a $40 million Series B in May 2026 co-led by Abstract and Sequoia Capital, with strategic participation from Snowflake Ventures and Datadog. Total raised to date exceeds $60 million across three rounds since the company's June 2023 launch.
Dust Funding Rounds Timeline
3 rounds · $62M raised · since 2023
| Round | Date | Amount | Valuation | Lead investor | Co-investors |
|---|---|---|---|---|---|
| Seed | June 2023 | $5.5M | — | Sequoia Capital | XYZ Venture Capital, Connect Ventures, Motier Ventures, Seedcamp, GG1, AIGrant, Remote First Capital, Tiny Supercomputer |
| Series A | June 2024 | $16M | — | Sequoia Capital | XYZ Venture Capital, Connect Ventures, Motier Ventures, Seedcamp, GG1 |
| Series B | May 2026 | $40M | — | Abstract | Sequoia Capital, Snowflake Ventures, Datadog |
Investors in Dust
10 institutional investors across 3 rounds
Lead investors
Co-investors
Recent news about Dust
- startup_fundraisingDust raises $40M to make AI multiplayer inside the enterprise
Questions about Dust
How much has Dust raised?
Dust has raised $62M across 3 funding rounds since 2023.
Who are the investors of Dust?
Dust's investors include Abstract, Sequoia Capital, Snowflake Ventures, Datadog, XYZ Venture Capital, Connect Ventures, Motier Ventures, Seedcamp, GG1, AIGrant.
When was Dust's last funding round?
Dust's most recent round was a $5.5M Seed in June 2023, led by Sequoia Capital.
Where is Dust headquartered?
Dust is headquartered in Paris, France, and was founded in 2023 by Gabriel Hubert, Stanislas Polu.