# AdStage funding: rounds and investors

> AdStage has raised $15M across 7 rounds since 2013. Investors include Verizon Ventures, Quest Venture Partners and Digital Garage (TSE: 4819).

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

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

# Who invested in *AdStage*

7 rounds we have observed, with the 23 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.

Advertising & Adtech Martech

Funding summary Updated 26 Oct 2026

**$15M** raised across 7 rounds since 2013, from 7 sources

**$1.4M** Seed **$100K** Seed **$1.0M** Seed **$6.3M** Series A **$1.5M** Debt **$2.0M** Round **$3.0M** Round

- **Latest round:** Round, $3.0M Mar 2018
- **Biggest round:** $6.3M Series A · Aug 2014
- **Step-up i:** 1.5×
- **Investors:** 23

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.

2013 2014 2015 2016 2017 2018

**$1.4M** Seed

**$100K** Seed

**$1.0M** Seed

**$6.3M** Series A

**$1.5M** Debt

**$2.0M** Round

**$3.0M** Round

- **First round:** Seed, $1.4M
- **Biggest round:** $6.3M
- **Usual gap between rounds:** 10 months

## The rounds

- **Mar 2018** Round **$3.0M** *2 new* *1 returning* [Verizon Ventures](https://millionrounds.com/fund/verizon-ventures) [HubSpot Ventures](https://millionrounds.com/fund/hubspot-ventures) [Fort](https://millionrounds.com/fund/fort) Reported by FinSMEs
- **Sept 2016** Round **$2.0M** *1 returning* [Verizon Ventures](https://millionrounds.com/fund/verizon-ventures) Reported by VentureBeat
- **Jun 2015** Debt **$1.5M** *1 new* [SVB Capital](https://millionrounds.com/fund/svb-capital) From a historical funding record
- **Aug 2014** Series A **$6.3M** *5 new* *3 returning* [Freestyle Capital](https://millionrounds.com/fund/freestyle) [Verizon Ventures](https://millionrounds.com/fund/verizon-ventures) [Quest Venture Partners](https://millionrounds.com/fund/quest-venture-partners) [Digital Garage (TSE: 4819)](https://millionrounds.com/fund/digital-garage-tse-4819) [Rising Tide Fund](https://millionrounds.com/fund/rising-tide-fund) [Newbury Ventures](https://millionrounds.com/fund/newbury-ventures) [Neal Dempsey](https://millionrounds.com/fund/neal-dempsey) Chris Noble From a historical funding record
- **Feb 2014** Seed **$1.0M** *2 returning* [Quest Venture Partners](https://millionrounds.com/fund/quest-venture-partners) [Digital Garage (TSE: 4819)](https://millionrounds.com/fund/digital-garage-tse-4819) From a historical funding record
- **Jun 2013** Seed **$100K** *2 new* [Jason Calacanis](https://millionrounds.com/fund/jason-calacanis) [David Sacks](https://millionrounds.com/fund/david-sacks) Reported by techcrunch.com
- **Mar 2013** Seed **$1.4M** *13 new* [500 Global](https://millionrounds.com/fund/500-startups) [Freestyle Capital](https://millionrounds.com/fund/freestyle) [XG Ventures](https://millionrounds.com/fund/xg-ventures) [Quest Venture Partners](https://millionrounds.com/fund/quest-venture-partners) [Digital Garage (TSE: 4819)](https://millionrounds.com/fund/digital-garage-tse-4819) [Double M Partners](https://millionrounds.com/fund/double-m-partners) [Selby Venture Partners](https://millionrounds.com/fund/selby-venture-partners) [Prefix Capital](https://millionrounds.com/fund/prefix-capital) [Jim Patterson](https://millionrounds.com/fund/jim-patterson) [Stewart Alsop](https://millionrounds.com/fund/stewart-alsop) [John Batelle](https://millionrounds.com/fund/john-batelle) [Rich LeFurgy](https://millionrounds.com/fund/rich-lefurgy) Mark Mullen Reported by techcrunch.com

## 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.

**Seed** 2013 **Seed** 2013 **Seed** 2014 **Series A** 2014 **Debt** 2015 **Round** 2016 **Round** 2018 [Verizon Ventures](https://millionrounds.com/fund/verizon-ventures) [Quest Venture Partners](https://millionrounds.com/fund/quest-venture-partners) [Digital Garage (TSE: 4819)](https://millionrounds.com/fund/digital-garage-tse-4819) [Freestyle Capital](https://millionrounds.com/fund/freestyle) [500 Global](https://millionrounds.com/fund/500-startups) [SVB Capital](https://millionrounds.com/fund/svb-capital) [XG Ventures](https://millionrounds.com/fund/xg-ventures) [HubSpot Ventures](https://millionrounds.com/fund/hubspot-ventures) [Double M Partners](https://millionrounds.com/fund/double-m-partners) [Jason Calacanis](https://millionrounds.com/fund/jason-calacanis)

## Everyone who backed them

[Verizon Ventures](https://millionrounds.com/fund/verizon-ventures) Corporate VC **3** rounds

[Quest Venture Partners](https://millionrounds.com/fund/quest-venture-partners) VC firm **3** rounds

[Digital Garage (TSE: 4819)](https://millionrounds.com/fund/digital-garage-tse-4819) Corporate VC **3** rounds

[Freestyle Capital](https://millionrounds.com/fund/freestyle) VC firm **2** rounds

[500 Global](https://millionrounds.com/fund/500-startups) Angel **1** round

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

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

[HubSpot Ventures](https://millionrounds.com/fund/hubspot-ventures) Corporate VC **1** round

[Double M Partners](https://millionrounds.com/fund/double-m-partners) VC firm **1** round

[Jason Calacanis](https://millionrounds.com/fund/jason-calacanis) VC firm **1** round

[David Sacks](https://millionrounds.com/fund/david-sacks) VC firm **1** round

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

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

[Rising Tide Fund](https://millionrounds.com/fund/rising-tide-fund) VC firm **1** round

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

[Jim Patterson](https://millionrounds.com/fund/jim-patterson) Angel **1** round

[Stewart Alsop](https://millionrounds.com/fund/stewart-alsop) VC firm **1** round

[Fort](https://millionrounds.com/fund/fort) Investment firm **1** round

[Neal Dempsey](https://millionrounds.com/fund/neal-dempsey) Angel **1** round

[John Batelle](https://millionrounds.com/fund/john-batelle) VC firm **1** round

[Rich LeFurgy](https://millionrounds.com/fund/rich-lefurgy) Angel **1** round

Chris Noble no record of our own yet **1** round

Mark Mullen no record of our own yet **1** round

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

## Also claim to have backed them

This firm lists AdStage as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Reinmkr Capital](https://millionrounds.com/fund/reinmkr-capital) VC firm Per its own site

## Quick answers about AdStage

### Who invested in AdStage?

AdStage's investors include Verizon Ventures, Quest Venture Partners, Digital Garage (TSE: 4819), Freestyle Capital and 500 Global, and 18 more on record.

### How much has AdStage raised?

AdStage has raised $15M across 7 rounds since 2013.

### When did AdStage last raise?

AdStage's most recent round was an Undisclosed round of $3.0M in Mar 2018.

### What was AdStage's biggest round?

AdStage's largest round on record is $6.3M (Series A), in Aug 2014.

### Who backed AdStage first?

AdStage's first round on record, in Mar 2013, was backed by 500 Global, Freestyle Capital and XG Ventures and 10 others.

### What stage is AdStage at?

AdStage's latest named round is an Undisclosed round, in Mar 2018.

### Where is AdStage based?

AdStage is based in the United States.

## Companies like AdStage

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

[**Kevel** $75M · Oct 2026](https://millionrounds.com/company/kevel)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Different** $48M · Oct 2026](https://millionrounds.com/company/different)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)[**OuterSignal** $22M · Sept 2026](https://millionrounds.com/company/outersignal)[**Pipedrive** $90M · Sept 2026](https://millionrounds.com/company/pipedrive)

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