Frore Systems, Inc. announced that it has received $80 million in a round of funding led by a new investor, Fidelity Management & Research Company LLC on May 29, 2024. The transaction also included participation from new investor, Prosperity7 Ventures Fund, a fund managed by Aramco Ventures, returning investors, Mayfield Fund, L.L.C., Clear Ventures Management LLC, Addition, L.P., Qualcomm Ventures LLC, Modern Venture Partners, Alumni Ventures Group, LLC, StepStone Group LP and other investors. The company has received a total of $196 million in funding till date.