Austria · Series D startup

Who invested in Adverity

2 rounds we have observed, with the 5 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.

Big Data & Analytics

Funding summaryUpdated 26 Oct 2026

$132Mraised across 2 rounds since 2019, from 2 sources

$12MSeries B$120MSeries D
Latest round
Series D, $120MAug 2021
Step-upi
9.7×
Investors
5 (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.

20202021
$12MSeries B$120MSeries D
First round
Series B, $12M
Apr 2019
Biggest round
$120M
Series D · Aug 2021
Between rounds
2.3 years
from the last two

The rounds

  1. Aug 2021
    Series D$120M2 new2 returning

    Source recorded

  2. Apr 2019

Founders and team

From Adverity's own website: 4 on the team.

  • Alexander IgelsböckChief Executive Officer
  • Christina SchlesingerChief Revenue Officer
  • Martin BrunthalerChief Technology Officer
  • Maxime RaoulChief Financial Officer

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.

Everyone who backed them

Felix CapitalVC firm2rounds, led 1
Sapphire VenturesVC firm2rounds
SpeedinvestVC firm1round
42CAPVC firm1round
SAP.io FundCorporate VC1round

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

Also claim to have backed them

These 3 firms list Adverity 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.

Gaia VenturesVC firmPer its own site
SHAPE Capital PartnersGrowth equityPer its own site

Quick answers about Adverity

Who invested in Adverity?

Adverity's investors include Felix Capital, Sapphire Ventures, Speedinvest, 42CAP and SAP.io Fund.

How much has Adverity raised?

Adverity has raised $132M across 2 rounds since 2019.

When did Adverity last raise?

Adverity's most recent round was a Series D of $120M in Aug 2021.

What was Adverity's biggest round?

Its most recent round, $120M in Aug 2021, is also its largest on record.

Who backed Adverity first?

Adverity's first round on record, in Apr 2019, was backed by Felix Capital, Sapphire Ventures and SAP.io Fund.

What stage is Adverity at?

Adverity's latest named round is a Series D, in Aug 2021.

Where is Adverity based?

Adverity is based in Austria.

Who led Adverity's rounds?

Felix Capital led the Series B in 2019.

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