# ApplePie Capital funding: rounds and investors

> ApplePie Capital has raised $65M across 6 rounds since 2014. Investors include QED Investors, Freestyle Capital and Signia Venture Partners.

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

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

# Who invested in *ApplePie Capital*

6 rounds we have observed, with the 7 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.

Financial Services Fintech

Funding summary Updated 26 Oct 2026

**$65M** raised across 6 rounds since 2014, from 6 sources

**$3.8M** Seed **$3.8M** Series A **$6.0M** Series A **$28M** Debt **$17M** Series B **$6.5M** Venture

- **Latest round:** Venture, $6.5M Sept 2021
- **Biggest round:** $28M Debt · Apr 2015
- **Investors:** 7

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 2020 2021

**$3.8M** Seed

**$3.8M** Series A

**$6.0M** Series A

**$17M** Series B

**$6.5M** Venture

- **First round:** Seed, $3.8M
- **Biggest round:** $28M
- **Usual gap between rounds:** 20 months

## The rounds

- **Sept 2021** Venture **$6.5M** *1 new* *2 returning* [QED Investors](https://millionrounds.com/fund/qed-investors) [Freestyle Capital](https://millionrounds.com/fund/freestyle) [DHVC](https://millionrounds.com/fund/dhvc) Source recorded SEC filing: $6.5M sold, first sale Sept 2021
- **Dec 2016** Series B **$17M** *1 new* *1 returning* [QED Investors](https://millionrounds.com/fund/qed-investors) [Fifth Third Capital](https://millionrounds.com/fund/fifth-third-capital) Reported by FinSMEs SEC filing: $16M sold, first sale Oct 2016
- **Apr 2015** Series A **$6.0M** *1 new* *4 returning* [QED Investors](https://millionrounds.com/fund/qed-investors) [Freestyle Capital](https://millionrounds.com/fund/freestyle) [Signia Venture Partners](https://millionrounds.com/fund/signia-venture-partners) [Camp One Ventures](https://millionrounds.com/fund/camp-one-ventures) [Ron Suber](https://millionrounds.com/fund/ron-suber) From a historical funding record SEC filing: $167K sold, first sale Jan 2015
- **Apr 2015** Debt **$28M** No investor was named in the report. From a historical funding record SEC filing: $167K sold, first sale Jan 2015
- **Nov 2014** Series A **$3.8M** *3 returning* [QED Investors](https://millionrounds.com/fund/qed-investors) [Freestyle Capital](https://millionrounds.com/fund/freestyle) [Signia Venture Partners](https://millionrounds.com/fund/signia-venture-partners) From a historical funding record SEC filing: $3.7M sold, first sale Jul 2014
- **Jul 2014** Seed **$3.8M** *4 new* [QED Investors](https://millionrounds.com/fund/qed-investors) [Freestyle Capital](https://millionrounds.com/fund/freestyle) [Signia Venture Partners](https://millionrounds.com/fund/signia-venture-partners) [Camp One Ventures](https://millionrounds.com/fund/camp-one-ventures) From a historical funding record SEC filing: $3.7M sold, first sale Jul 2014

## Founders and team

From ApplePie Capital's own website and the SEC filings it signed: 1 founder, 15 on the team.

**Denise M. Thomas** CEO & Founder *Named on its 2021 Form D*

- **Jamie Davis** Senior Vice President, Business Development
- **James Goldsberry** Chief Credit Officer
- **John Neff** Chief Marketing Officer
- **Randy Jones** Chief Revenue Officer and Lending Solutions
- **Silvana Collura** Chief Solutions Officer
- **Ben Lee** Senior Relationship Manager
- **Caleb Camara** Relationship Manager
- **Cam Sims** Relationship Manager
- **Jon Kilpatrick** Senior Relationship Manager
- **Justin Gomez** Senior Relationship Manager
- **Ryan Mirch** Senior Relationship Manager
- **Ed M. Cluss** Director
- **Kirk M. Inglis** Executive Officer i
- **Stephen M. Pelletier** Director, Promoter i
- **Tyler M. Crawford** Director

On the board, as filed i *Frank M. Rotman*

## 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** 2014 **Series A** 2015 **Debt** 2015 **Series B** 2016 **Venture** 2021 [QED Investors](https://millionrounds.com/fund/qed-investors) [Freestyle Capital](https://millionrounds.com/fund/freestyle) [Signia Venture Partners](https://millionrounds.com/fund/signia-venture-partners) [Camp One Ventures](https://millionrounds.com/fund/camp-one-ventures) [DHVC](https://millionrounds.com/fund/dhvc) [Ron Suber](https://millionrounds.com/fund/ron-suber) [Fifth Third Capital](https://millionrounds.com/fund/fifth-third-capital)

## Everyone who backed them

[QED Investors](https://millionrounds.com/fund/qed-investors) VC firm **5** rounds

[Freestyle Capital](https://millionrounds.com/fund/freestyle) VC firm **4** rounds

[Signia Venture Partners](https://millionrounds.com/fund/signia-venture-partners) VC firm **3** rounds

[Camp One Ventures](https://millionrounds.com/fund/camp-one-ventures) VC firm **2** rounds

[DHVC](https://millionrounds.com/fund/dhvc) VC firm **1** round

[Ron Suber](https://millionrounds.com/fund/ron-suber) VC firm **1** round

[Fifth Third Capital](https://millionrounds.com/fund/fifth-third-capital) Corporate VC **1** round

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

## Also claim to have backed them

This firm lists ApplePie Capital as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[ZMT Capital](https://millionrounds.com/fund/zmt-capital) VC firm Per its own site

## Quick answers about ApplePie Capital

### Who invested in ApplePie Capital?

ApplePie Capital's investors include QED Investors, Freestyle Capital, Signia Venture Partners, Camp One Ventures and DHVC, and 2 more on record.

### How much has ApplePie Capital raised?

ApplePie Capital has raised $65M across 6 rounds since 2014.

### When did ApplePie Capital last raise?

ApplePie Capital's most recent round was a Venture of $6.5M in Sept 2021.

### What was ApplePie Capital's biggest round?

ApplePie Capital's largest round on record is $28M (Debt), in Apr 2015.

### Who backed ApplePie Capital first?

ApplePie Capital's first round on record, in Jul 2014, was backed by QED Investors, Freestyle Capital and Signia Venture Partners and 1 others.

### What stage is ApplePie Capital at?

ApplePie Capital's latest named round is a Venture, in Sept 2021.

### Where is ApplePie Capital based?

ApplePie Capital is based in the United States.

## Companies like ApplePie Capital

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

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)

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