# Algorithmia funding: rounds and investors > Algorithmia has raised $38M across 3 rounds since 2014. Investors include Madrona Venture Group, Rakuten Capital and Osage University Partners. Source: https://millionrounds.com/company/algorithmia (Millionrounds; every figure on the page links to its filing or article) United States · [Series B startup](https://millionrounds.com/companies) # Who invested in *Algorithmia* 3 rounds we have observed, with the 10 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. AI DevOps Education Funding summary Updated 26 Oct 2026 **$38M** raised across 3 rounds since 2014, from 3 sources **$2.4M** Seed **$11M** Series A **$25M** Series B - **Latest round:** Series B, $25M May 2019 - **Led by:** Norwest Venture Partners - **Step-up i:** 2.4× - **Investors:** 10 (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. 2015 2016 2017 2018 2019 **$2.4M** Seed **$11M** Series A **$25M** Series B - **First round:** Seed, $2.4M - **Biggest round:** $25M - **Usual gap between rounds:** 2.8 years ## The rounds - **May 2019** Series B **$25M** *3 new* *3 returning* [Norwest Venture Partners](https://millionrounds.com/fund/norwest) Lead [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Gradient](https://millionrounds.com/fund/gradient-ventures) [Osage University Partners](https://millionrounds.com/fund/osage-university-partners) [Rakuten Capital](https://millionrounds.com/fund/rakuten-capital) [Work-Bench](https://millionrounds.com/fund/work-bench) Reported by FinSMEs SEC filing: $24M sold, first sale Apr 2019 - **Jun 2017** Series A **$11M** *2 new* *2 returning* [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Osage University Partners](https://millionrounds.com/fund/osage-university-partners) [Rakuten Capital](https://millionrounds.com/fund/rakuten-capital) Google/ Work-Bench Reported by TechCrunch SEC filing: $11M sold, first sale Jun 2017 - **Aug 2014** Seed **$2.4M** *5 new* [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Rakuten Capital](https://millionrounds.com/fund/rakuten-capital) [Deep Fork Capital](https://millionrounds.com/fund/deep-fork-capital) Charles Fitzgerald Oren Etzioni From a historical funding record SEC filing: $2.6M sold, first sale Aug 2014 ## Founders and team From Algorithmia's own website and the SEC filings it signed: 11 on the team. - **Debanjan Saha** Chief Executive Officer - **Amit Purohit** Senior Vice President, Engineering - **Chad Cisco** Senior Vice President, Customer Success, Services, & Solutions - **Rae Naidoo** Senior Vice President, Strategy and Operations - **Dr. Amit Sinha** CEO, DigiCert | Board Member Zscaler - **Brian Brown** Chief Legal Officer and Chief Financial Officer - **Jeffrey Wilmot** Chief Revenue Officer - **Venky Veeraraghavan** Chief Product Officer - **Tracey Newell** Lead Director - **Diego M. Oppenheimer** Executive Officer, Director i - **Kenneth F. Daniel** Executive Officer, Director i On the board, as filed i *Andrew F. Jacques* *Anna F. Patterson* *Rama F. Sekhar* *Timothy F. Porter* ## 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** 2014 **Series A** 2017 **Series B** 2019 [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Rakuten Capital](https://millionrounds.com/fund/rakuten-capital) [Osage University Partners](https://millionrounds.com/fund/osage-university-partners) [Norwest Venture Partners](https://millionrounds.com/fund/norwest) L [Gradient](https://millionrounds.com/fund/gradient-ventures) [Deep Fork Capital](https://millionrounds.com/fund/deep-fork-capital) [Work-Bench](https://millionrounds.com/fund/work-bench) Charles Fitzgerald Google/ Work-Bench Oren Etzioni ## Everyone who backed them [Madrona Venture Group](https://millionrounds.com/fund/madrona) VC firm **3** rounds [Rakuten Capital](https://millionrounds.com/fund/rakuten-capital) Corporate VC **3** rounds [Osage University Partners](https://millionrounds.com/fund/osage-university-partners) VC firm **2** rounds [Norwest Venture Partners](https://millionrounds.com/fund/norwest) VC firm **1** round, led 1 [Gradient](https://millionrounds.com/fund/gradient-ventures) VC firm **1** round [Deep Fork Capital](https://millionrounds.com/fund/deep-fork-capital) VC firm **1** round [Work-Bench](https://millionrounds.com/fund/work-bench) VC firm **1** round Charles Fitzgerald no record of our own yet **1** round Google/ Work-Bench no record of our own yet **1** round Oren Etzioni 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=algorithmia). ## Quick answers about Algorithmia ### Who invested in Algorithmia? Algorithmia's investors include Madrona Venture Group, Rakuten Capital, Osage University Partners, Norwest Venture Partners and Gradient, and 5 more on record. Norwest Venture Partners led its latest round. ### How much has Algorithmia raised? Algorithmia has raised $38M across 3 rounds since 2014. ### When did Algorithmia last raise? Algorithmia's most recent round was a Series B of $25M in May 2019, led by Norwest Venture Partners. ### What was Algorithmia's biggest round? Its most recent round, $25M in May 2019, is also its largest on record. ### Who backed Algorithmia first? Algorithmia's first round on record, in Aug 2014, was backed by Madrona Venture Group, Rakuten Capital and Deep Fork Capital and 2 others. ### What stage is Algorithmia at? Algorithmia's latest named round is a Series B, in May 2019. ### Where is Algorithmia based? Algorithmia is based in the United States. ### Who led Algorithmia's rounds? Norwest Venture Partners led the Series B in 2019. ## Companies like Algorithmia In the same sector, and raised in the last eighteen months. [**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor) ## 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