# Actuate funding: rounds and investors

> Actuate has raised $18M across 3 rounds since 2019. Investors include Bios Partners, Bling Capital and Tribeca Venture Partners. Every round with its source.

Source: https://millionrounds.com/company/actuate (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Actuate*

3 rounds we have observed, with the 8 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech Healthcare Real Estate

Raised 12 months ago

Funding summary Updated 26 Oct 2026

**$18M** raised across 3 rounds since 2019, from 3 sources

**$6.5M** Series B **$12M** Series B **$250K** Grant

- **Latest round:** Grant, $250K Nov 2025
- **Biggest round:** $12M Series B · Aug 2024
- **Investors:** 8 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2020 2021 2022 2023 2024 2025

**$6.5M** Series B

**$12M** Series B

**$250K** Grant

- **First round:** Series B, $6.5M
- **Biggest round:** $12M
- **Usual gap between rounds:** 4.8 years

## The rounds

- **Nov 2025** Grant **$250K** *1 new* [Colorado Office of Economic Development and International Trade](https://millionrounds.com/fund/colorado-office-of-economic-development-and-international-tr) Source recorded
- **Aug 2024** Series B **$12M** *4 new* [Bling Capital](https://millionrounds.com/fund/bling-capital) [Tribeca Venture Partners](https://millionrounds.com/fund/tribeca-venture-partners) [MetaProp Ventures](https://millionrounds.com/fund/metaprop-ventures) [Scribble Ventures](https://millionrounds.com/fund/scribble-ventures) Source recorded
- **Nov 2019** Series B **$6.5M** *3 new* [Bios Partners](https://millionrounds.com/fund/bios-partners) Lead [Kairos Ventures](https://millionrounds.com/fund/kairos-ventures) [DEFTA Partners](https://millionrounds.com/fund/defta-partners) Reported by Prweb

## Founders and team

From Actuate's own website: 2 on the team.

- **Gareth Cowan** CEO
- **Nathan Varn** VP of Sales and Marketing

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series B** 2019 **Series B** 2024 **Grant** 2025 [Bios Partners](https://millionrounds.com/fund/bios-partners) L [Bling Capital](https://millionrounds.com/fund/bling-capital) [Tribeca Venture Partners](https://millionrounds.com/fund/tribeca-venture-partners) [MetaProp Ventures](https://millionrounds.com/fund/metaprop-ventures) [Scribble Ventures](https://millionrounds.com/fund/scribble-ventures) [Colorado Office of Economic Development and International Trade](https://millionrounds.com/fund/colorado-office-of-economic-development-and-international-tr) [Kairos Ventures](https://millionrounds.com/fund/kairos-ventures) [DEFTA Partners](https://millionrounds.com/fund/defta-partners)

## Exits

Exit Buyer Price When

Acquired OpenText Corporation $330M Dec 2014

IPO NASDAQ:BIRT $33M Jul 1998

From historical deal records. Wrong? [Tell us](https://millionrounds.com/corrections?slug=actuate).

## Everyone who backed them

[Bios Partners](https://millionrounds.com/fund/bios-partners) Private equity **1** round, led 1

[Bling Capital](https://millionrounds.com/fund/bling-capital) VC firm **1** round

[Tribeca Venture Partners](https://millionrounds.com/fund/tribeca-venture-partners) VC firm **1** round

[MetaProp Ventures](https://millionrounds.com/fund/metaprop-ventures) VC firm **1** round

[Scribble Ventures](https://millionrounds.com/fund/scribble-ventures) VC firm **1** round

[Colorado Office of Economic Development and International Trade](https://millionrounds.com/fund/colorado-office-of-economic-development-and-international-tr) Government **1** round

[Kairos Ventures](https://millionrounds.com/fund/kairos-ventures) VC firm **1** round

[DEFTA Partners](https://millionrounds.com/fund/defta-partners) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=actuate).

## Also claim to have backed them

These 3 firms list Actuate as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[MetaProp NYC](https://millionrounds.com/fund/metaprop-nyc) VC firm Per its own site

[Gray Line Partners](https://millionrounds.com/fund/gray-line-partners) Growth equity Per its own site

[Stonewater Ventures](https://millionrounds.com/fund/stonewater-ventures) VC firm Per its own site

## Quick answers about Actuate

### Who invested in Actuate?

Actuate's investors include Bios Partners, Bling Capital, Tribeca Venture Partners, MetaProp Ventures and Scribble Ventures, and 3 more on record.

### How much has Actuate raised?

Actuate has raised $18M across 3 rounds since 2019.

### When did Actuate last raise?

Actuate's most recent round was a Grant of $250K in Nov 2025.

### What was Actuate's biggest round?

Actuate's largest round on record is $12M (Series B), in Aug 2024.

### Who backed Actuate first?

Actuate's first round on record, in Nov 2019, was backed by Bios Partners, Kairos Ventures and DEFTA Partners.

### What stage is Actuate at?

Actuate's latest named round is a Grant, in Nov 2025.

### Where is Actuate based?

Actuate is based in the United States.

### Who led Actuate's rounds?

Bios Partners led the Series B in 2019.

## Companies like Actuate

In the same sector, and raised in the last eighteen months.

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**MARC** $5.0M · Oct 2026](https://millionrounds.com/company/marc)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Renew** $207M · Oct 2026](https://millionrounds.com/company/renew)

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