Forerunner Ventures participated in depthfirst’s $80M Series B, announced March 31, 2026, backing an applied AI lab working to secure the world’s software. The round was led by Meritech Capital.

Key facts

• Investor: Forerunner Ventures (participant)
• Company: depthfirst (AI-native cybersecurity / applied AI lab)
• Round: $80M Series B
• Date: March 31, 2026
• Lead: Meritech Capital
• Other investors: Accel, Box Group, Liquid 2 Ventures, The House Fund, and others

Why this matters

The depthfirst round shows Forerunner Ventures extending beyond pure consumer brands into AI-native infrastructure, a stated Fund VII focus. Forerunner also drew attention in early 2026 for a $227M SEC-filed position in newly public Chime.

Sources

1. depthfirst $80M Series B (Businesswire, via Dealroom): https://dealroom.co/investors/forerunner-ventures/
2. Forerunner Ventures portfolio (Caplight): https://www.caplight.com/investor/forerunnerventures