Sizing a Series D: Peregrine Technologies's $250M Record

Peregrine Technologies's record shows $440M raised, most recently a $250M Series D in June 2026 with Sequoia Capital, Fifth Down Capital.

Peregrine Technologies has $440M on record. The latest round is a $250M Series D (June 2026). Size your own round against the evidence it must buy, not against the stage letter.

Key takeaways

Round size is not ambition. It is the cost of reaching the evidence that unlocks the next raise, plus margin for the raise itself taking longer than planned.

The record here belongs to Ben Rudolph, founder of Peregrine Technologies (San Francisco, United States).

| | | |---|---| | Founder | Ben Rudolph | | Company | Peregrine Technologies (San Francisco, United States) | | Total raised | $440M | | Latest round | Series D — $250M | | Round date | June 2026 | | Named participants on record | Sequoia Capital, Fifth Down Capital, OG Venture Partners, Goldcrest Capital, XYZ Ventures, Godfrey Capital |

This round is 57% of everything raised to date, so earlier rounds still shape the cap table.

The round size sets the next evidence bar. Investors size the following round against what this one was expected to buy. Write that expectation down before you sign.

Named participants signal the buyer pool. Sequoia Capital, Fifth Down Capital, OG Venture Partners, Goldcrest Capital, XYZ Ventures, Godfrey Capital are on record here. Funds with that profile are the realistic audience for a comparable raise.

Timing is data. The round closed in June 2026. Fundraises take longer than founders plan; count backwards from the date you need cash, not from the date you want a term sheet.

1. Write the two or three pieces of evidence your next round must show. 2. Cost out the months and headcount required to produce that evidence, then add a third for slippage. 3. Build the investor list from funds that have written cheques of this size at this stage, not from brand preference. 4. Ask each lead what they expect to see at the next round, and hold them to it in writing.

The letter on the round matters far less than whether the money buys the evidence the next buyer needs.

Frequently asked questions

How much has Ben Rudolph raised for Peregrine Technologies?
Peregrine Technologies has $440M in disclosed funding on record, most recently a $250M Series D in June 2026.
Who invested in Peregrine Technologies?
Named participants on record include Sequoia Capital, Fifth Down Capital, OG Venture Partners, Goldcrest Capital, XYZ Ventures, Godfrey Capital. Records list participants, not allocations or terms.
Where do these figures come from?
Structured founder funding records: total raised, round stage, round amount, round date and named participants. They exclude valuation, terms and board composition.

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