United Kingdom · Funded startup

Who invested in Adthena

5 rounds we have observed, with the 3 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 & AdtechBig Data & AnalyticsMartech

Raised 3 months ago

Funding summaryUpdated 26 Oct 2026

$110Mraised across 5 rounds since 2015, from 5 sources

$1.5MSeed$14MSeries A$14MDebt$604KRound$80MRound
Latest round
Round, $80MJul 2026
Step-upi
133×
Investors
3
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.

201520172019202120232025
$1.5MSeed$14MSeries A$14MDebt$604KRound$80MRound
First round
Seed, $1.5M
Apr 2015
Biggest round
$80M
Round · Jul 2026
Usual gap between rounds
3.3 years
the median of 4

The rounds

  1. Jul 2026
    Round$80M

    No investor was named in the report.

    Shares issued, filed with Companies House (SH01); no report of this raise yet

  2. May 2025
    Round$604K

    No investor was named in the report.

    Shares issued, filed with Companies House (SH01); no report of this raise yet

  3. Feb 2022
    Debt$14M2 new

    Source recorded

  4. Mar 2019
    Series A$14M1 new

    Reported by FinSMEs

  5. Apr 2015
    Seed$1.5M

    No investor was named in the report.

    From a historical funding record

Funding filed with regulators

Adthena filed 4 raises, $1.3B in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Jul 2026$80MUK share allotment
  2. May 2025$604KUK share allotment
  3. Jul 2024$1.2BUK share allotment
  4. May 2023Amount not statedUK share allotment

Founders and team

From Adthena's own website: 21 on the team.

  • Phillip ThuneCEO
  • Ashley FletcherChief Marketing Officer & VP of People
  • Ben PeckChief Customer Officer
  • Paul FelbyChief Product and Technology Officer
  • Will RichardsChief Financial Officer
  • Dori DolanVP Account Management
  • Josh MizrahiGlobal Head of Talent Acquisition
  • Josh PickeringVP Sales
  • Luke StoweGlobal Head of People
  • Michal GondarHead of Engineering
  • Stefan PotgieterGlobal VP of Customer
  • Anna DuttonDirector, Account Management (EMEA)
  • Carmen WongCustomer Success Director, APAC
  • Charlotte LangstonDirector of Growth Marketing
  • Joshua BainesDirector, CS (US)
  • Kat PouwerSenior Director, Agency UK
  • Mery HaylesSenior Product Marketing Manager
  • Shaohong BaiDirector of Data Science and Analytics

And 3 more on the team.

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.

Seed2015Series A2019Debt2022Round2025Round2026CIBCUpdata PartnersEspresso Capital

Everyone who backed them

CIBCVC firm1round
Updata PartnersVC firm1round
Espresso CapitalVC firm1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Adthena

Who invested in Adthena?

Adthena's investors include CIBC, Updata Partners and Espresso Capital.

How much has Adthena raised?

Adthena has raised $110M across 5 rounds since 2015.

When did Adthena last raise?

Adthena's most recent round, $80M, was in Jul 2026.

What was Adthena's biggest round?

Its most recent round, $80M in Jul 2026, is also its largest on record.

Who backed Adthena first?

Adthena's first round on record, in Mar 2019, was backed by Updata Partners.

What stage is Adthena at?

Adthena's latest named round is a Debt, in Feb 2022.

Where is Adthena based?

Adthena is based in the United Kingdom.

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