# Adthena funding: rounds and investors > Adthena has raised $110M across 5 rounds since 2015. Investors include CIBC, Updata Partners and Espresso Capital. Every round with its source. Source: https://millionrounds.com/company/adthena (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Funded startup](https://millionrounds.com/companies) # 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 & Adtech Big Data & Analytics Martech Raised 3 months ago Funding summary Updated 26 Oct 2026 **$110M** raised across 5 rounds since 2015, from 5 sources **$1.5M** Seed **$14M** Series A **$14M** Debt **$604K** Round **$80M** Round - **Latest round:** Round, $80M Jul 2026 - **Step-up i:** 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. 2015 2017 2019 2021 2023 2025 **$1.5M** Seed **$14M** Series A **$14M** Debt **$604K** Round **$80M** Round - **First round:** Seed, $1.5M - **Biggest round:** $80M - **Usual gap between rounds:** 3.3 years ## The rounds - **Jul 2026** Round **$80M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **May 2025** Round **$604K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Feb 2022** Debt **$14M** *2 new* [CIBC](https://millionrounds.com/fund/cibc) [Espresso Capital](https://millionrounds.com/fund/espresso-capital) Source recorded - **Mar 2019** Series A **$14M** *1 new* [Updata Partners](https://millionrounds.com/fund/updata-partners) Reported by FinSMEs - **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. - Jul 2026 **$80M** UK share allotment - May 2025 **$604K** UK share allotment - Jul 2024 **$1.2B** UK share allotment - May 2023 **Amount not stated** UK share allotment ## Founders and team From Adthena's own website: 21 on the team. - **Phillip Thune** CEO - **Ashley Fletcher** Chief Marketing Officer & VP of People - **Ben Peck** Chief Customer Officer - **Paul Felby** Chief Product and Technology Officer - **Will Richards** Chief Financial Officer - **Dori Dolan** VP Account Management - **Josh Mizrahi** Global Head of Talent Acquisition - **Josh Pickering** VP Sales - **Luke Stowe** Global Head of People - **Michal Gondar** Head of Engineering - **Stefan Potgieter** Global VP of Customer - **Anna Dutton** Director, Account Management (EMEA) - **Carmen Wong** Customer Success Director, APAC - **Charlotte Langston** Director of Growth Marketing - **Joshua Baines** Director, CS (US) - **Kat Pouwer** Senior Director, Agency UK - **Mery Hayles** Senior Product Marketing Manager - **Shaohong Bai** Director 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. **Seed** 2015 **Series A** 2019 **Debt** 2022 **Round** 2025 **Round** 2026 [CIBC](https://millionrounds.com/fund/cibc) [Updata Partners](https://millionrounds.com/fund/updata-partners) [Espresso Capital](https://millionrounds.com/fund/espresso-capital) ## Everyone who backed them [CIBC](https://millionrounds.com/fund/cibc) VC firm **1** round [Updata Partners](https://millionrounds.com/fund/updata-partners) VC firm **1** round [Espresso Capital](https://millionrounds.com/fund/espresso-capital) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=adthena). ## 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. ## Companies like Adthena In the same sector, and raised in the last eighteen months. [**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Salience Labs** $169M · Oct 2026](https://millionrounds.com/company/salience-labs)[**Affinity Labs** $3.2M · Oct 2026](https://millionrounds.com/company/affinity-labs)[**Alchera Technologies** $3.7M · Oct 2026](https://millionrounds.com/company/alchera-technologies)[**Foundational** $19M · Oct 2026](https://millionrounds.com/company/foundational)[**Quartz** $3.7M · Sept 2026](https://millionrounds.com/company/quartz) ## 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