# Adjust funding: rounds and investors > Adjust has raised $256M across 5 rounds since 2012. Investors include Iris Capital, Highland Europe and Target Partners. Every round with its source. Source: https://millionrounds.com/company/adjust (Millionrounds; every figure on the page links to its filing or article) United States · [Series E startup](https://millionrounds.com/companies) # Who invested in *Adjust* 5 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. DevOps Funding summary Updated 26 Oct 2026 **$256M** raised across 5 rounds since 2012, from 5 sources **$4.3M** Series B **$7.6M** Series D **$17M** Series D **$227M** Series E - **Latest round:** Series E, $227M Jun 2019 - **Step-up i:** 13.3× - **Investors:** 8 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. 2012 2013 2014 2015 2016 2017 2018 2019 **?** Series A **$4.3M** Series B **$7.6M** Series D **$17M** Series D **$227M** Series E - **First round:** Series A - **Biggest round:** $227M - **Usual gap between rounds:** 15 months ## The rounds - **Jun 2019** Series E **$227M** *3 new* *2 returning* [Eurazeo](https://millionrounds.com/fund/eurazeo) [Iris Capital](https://millionrounds.com/fund/iris) [Highland Europe](https://millionrounds.com/fund/highland-europe) [Capnamic](https://millionrounds.com/fund/capnamic) [Sofina](https://millionrounds.com/fund/sofina) Reported by FinSMEs - **Oct 2015** Series D **$17M** *1 new* [Highland Europe](https://millionrounds.com/fund/highland-europe) From a historical funding record - **Sept 2014** Series D **$7.6M** *1 new* *3 returning* [Iris Capital](https://millionrounds.com/fund/iris) [Target Partners](https://millionrounds.com/fund/target-partners) [Active Venture Partner](https://millionrounds.com/fund/active-venture-partners) [Capnamic Ventures](https://millionrounds.com/fund/capnamic-ventures) From a historical funding record - **Jun 2013** Series B **$4.3M** *3 new* [Iris Capital](https://millionrounds.com/fund/iris) [Target Partners](https://millionrounds.com/fund/target-partners) [Capnamic Ventures](https://millionrounds.com/fund/capnamic-ventures) From a historical funding record - **Apr 2012** Series A **Amount undisclosed** No investor was named in the report. From a historical funding record ## 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 A** 2012 **Series B** 2013 **Series D** 2014 **Series D** 2015 **Series E** 2019 [Iris Capital](https://millionrounds.com/fund/iris) [Highland Europe](https://millionrounds.com/fund/highland-europe) [Target Partners](https://millionrounds.com/fund/target-partners) [Capnamic Ventures](https://millionrounds.com/fund/capnamic-ventures) [Eurazeo](https://millionrounds.com/fund/eurazeo) [Capnamic](https://millionrounds.com/fund/capnamic) [Active Venture Partner](https://millionrounds.com/fund/active-venture-partners) [Sofina](https://millionrounds.com/fund/sofina) ## Everyone who backed them [Iris Capital](https://millionrounds.com/fund/iris) VC firm **3** rounds [Highland Europe](https://millionrounds.com/fund/highland-europe) VC firm **2** rounds [Target Partners](https://millionrounds.com/fund/target-partners) VC firm **2** rounds [Capnamic Ventures](https://millionrounds.com/fund/capnamic-ventures) VC firm **2** rounds [Eurazeo](https://millionrounds.com/fund/eurazeo) Private equity **1** round [Capnamic](https://millionrounds.com/fund/capnamic) VC firm **1** round [Active Venture Partner](https://millionrounds.com/fund/active-venture-partners) VC firm **1** round [Sofina](https://millionrounds.com/fund/sofina) Family office **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=adjust). ## Also claim to have backed them These 2 firms list Adjust 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. [AppLovin](https://millionrounds.com/fund/applovin) Corporate VC Per its own site [Backtrace](https://millionrounds.com/fund/backtrace) VC firm Per its own site ## Quick answers about Adjust ### Who invested in Adjust? Adjust's investors include Iris Capital, Highland Europe, Target Partners, Capnamic Ventures and Eurazeo, and 3 more on record. ### How much has Adjust raised? Adjust has raised $256M across 5 rounds since 2012. One round did not disclose an amount, so the total is a floor. ### When did Adjust last raise? Adjust's most recent round was a Series E of $227M in Jun 2019. ### What was Adjust's biggest round? Its most recent round, $227M in Jun 2019, is also its largest on record. ### Who backed Adjust first? Adjust's first round on record, in Jun 2013, was backed by Iris Capital, Target Partners and Capnamic Ventures. ### What stage is Adjust at? Adjust's latest named round is a Series E, in Jun 2019. ### Where is Adjust based? Adjust is based in the United States. ## Companies like Adjust In the same sector, and raised in the last eighteen months. [**Blacksmith** $131M · Oct 2026](https://millionrounds.com/company/blacksmith)[**Transfyr** $25M · Aug 2026](https://millionrounds.com/company/transfyr)[**Genera** $10M · Aug 2026](https://millionrounds.com/company/genera)[**Copia Automation** $40M · Jun 2026](https://millionrounds.com/company/copia-automation)[**Honeycomb** $117M · Jun 2026](https://millionrounds.com/company/honeycomb)[**Coralogix** $326M · Jun 2026](https://millionrounds.com/company/coralogix) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app