Latest round

Series B

Last raised

May 2026

Total raised

$61M

Investors

15

About Dust

Based in Paris, France, and founded in 2023 by co-founders Gabriel Hubert (CEO) and Stanislas Polu. Permutation Labs, doing business as Dust, offers a platform that empowers organizations to harness the potential of large language models (LLMs) through customizable and secure AI assistants.5 and Anthropic's Claude. Users can select models that align with their specific needs and budgetary considerations. The platform empowers users to design and customize AI assistants tailored to address specific tasks and workflows within organizations for a streamlined work environment. In addition, the software seamlessly integrates with various internal data sources, such as Notion, Slack, and Google Drive. This allows assistants to access and leverage valuable company information, provide insightful responses, and complete tasks effectively. Dust prioritizes data security and user access control. Administrators can leverage granular permission systems to manage user roles and permissions within the platform, ensuring data integrity and appropriate access levels. The company generates revenue through its monthly subscription, which costs EUR 29 per month per user.

Who invested in Dust

15 investors across 3 rounds

See all investors in Dust

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series B

    May 18, 2026

    Amount

    $40M

    Investors

    Locked

  2. Series A

    Jun 27, 2024

    Amount

    $16M

    Investors

    Locked

  3. Seed

    Jun 27, 2023

    Amount

    $5.5M

    Investors

    Locked

Questions about Dust

Who invested in Dust?

Dust has 15 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Dust raised?

Dust has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Dust last raise money?

Dust's most recent round on record is a Series B, in May 2026.

What does Dust do?

Based in Paris, France, and founded in 2023 by co-founders Gabriel Hubert (CEO) and Stanislas Polu.

Where is Dust headquartered?

Dust is headquartered in Paris, France.

Which VCs invest in companies like Dust?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Dust's stage. Their profiles are linked below.

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