# Alegion funding: rounds and investors

> Alegion has raised $16M across 3 rounds since 2014. Investors include RHS Investments. Every round with its source.

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

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

# Who invested in *Alegion*

3 rounds we have observed, with the one investor 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.

AI Big Data & Analytics Education

Funding summary Updated 26 Oct 2026

**$16M** raised across 3 rounds since 2014, from 3 sources

**$500K** Round **$3.6M** Series A **$12M** Series A

- **Latest round:** Series A, $12M Aug 2019
- **Step-up i:** 3.3×
- **Investors:** 1

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 2016 2017 2018 2019

**$500K** Round

**$3.6M** Series A

**$12M** Series A

- **First round:** Round, $500K
- **Biggest round:** $12M
- **Usual gap between rounds:** 2.8 years

## The rounds

- **Aug 2019** Series A **$12M** *1 returning* [RHS Investments](https://millionrounds.com/fund/rhs-investments) Reported by FinSMEs
- **Jun 2017** Series A **$3.6M** *1 new* [RHS Investments](https://millionrounds.com/fund/rhs-investments) Reported by FinSMEs
- **Sept 2014** Round **$500K** No investor was named in the report. From a historical funding record SEC filing: $75K sold, first sale Jul 2014

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Joel Simpson** Executive Officer, Director i
- **Nathaniel Gates** Executive Officer, Director i

## Everyone who backed them

[RHS Investments](https://millionrounds.com/fund/rhs-investments) VC firm **2** rounds

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

## Quick answers about Alegion

### Who invested in Alegion?

Alegion's investors include RHS Investments.

### How much has Alegion raised?

Alegion has raised $16M across 3 rounds since 2014.

### When did Alegion last raise?

Alegion's most recent round was a Series A of $12M in Aug 2019.

### What was Alegion's biggest round?

Its most recent round, $12M in Aug 2019, is also its largest on record.

### Who backed Alegion first?

Alegion's first round on record, in Jun 2017, was backed by RHS Investments.

### What stage is Alegion at?

Alegion's latest named round is a Series A, in Aug 2019.

### Where is Alegion based?

Alegion is based in the United States.

## Companies like Alegion

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

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