Peregrine Technologies

Peregrine Technologies announced $250M in Series D financing on June 23, 2026. Peregrine Technologies announced a $250 million Series D financing at a $6.8 billion valuation, led by existing investors including Fifth Down Capital and Sequoia Capital.

Round details

The financing includes backing from Fifth Down Capital, Sequoia Capital, OG Venture Partners, Goldcrest Capital, XYZ Ventures, Godfrey Capital. The company reported a $6.8B valuation alongside the transaction.

• Round: Series D
• Capital announced: $250M

How the company plans to use the capital

Peregrine said the financing will support continued product development, expansion of its engineering and implementation teams, and international growth, along with a liquidity opportunity for employees.

Why this matters for GTM teams

The company said the financing comes as it continues rapid growth across state and local government and expands into federal, enterprise, and international markets, with new offices in Toronto and London.

Fresh capital is often an operational signal rather than a buying signal by itself. Teams should validate the company’s hiring pattern, product launches, geographic expansion, and technology priorities before choosing the message and timing of outreach.

Source and methodology

This report is based on the company’s announcement and records the disclosed amount, round, investors, location, and stated use of funds. SalesTools Research does not estimate undisclosed valuation or revenue figures.

Primary source: Peregrine Technologies Series D announcement.