Canada · Funded startup

Who invested in ApplyBoard

4 rounds we have observed, with the 16 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.

EdtechEducationMarketplaces

Valuation: $3.2B, Mar 2026

Funding summaryUpdated 26 Oct 2026

$432Mraised across 4 rounds since 2018, from 6 sources

$13MSeries A$41MSeries B$304MSeries D$74MDebt
Latest round
Debt, $74MSept 2024
Led by
RBCx
Biggest round
$304MSeries D · Jun 2021
Investors
16 (3 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.

201920202021202220232024
$13MSeries A$41MSeries B$304MSeries D$74MDebt
First round
Series A, $13M
Jun 2018
Biggest round
$304M
Series D · Jun 2021
Usual gap between rounds
2.1 years
the median of 3

The rounds

  1. Sept 2024
    Debt$74M4 new2 returning

    Reported by BetaKit: funding and 2 others

  2. Jun 2021
    Series D$304M7 new

    Reported by Candou Ventures

  3. May 2019
    Series B$41M2 new

    Reported by BetaKit

  4. Jun 2018
    Series A$13M3 new

    Reported by FinSMEs

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.

Series A2018Series B2019Series D2021Debt2024Index VenturesBDC CapitalAnthos CapitalLOntario Teachers' Pension Plan BoardLRBCxL500 GlobalPlug and PlayGarage CapitalGolden VenturesArtiman Ventures

Everyone who backed them

Index VenturesVC firm2rounds
BDC CapitalVC firm2rounds
Anthos CapitalVC firm1round, led 1
Ontario Teachers' Pension Plan BoardGrowth equity1round, led 1
RBCxInvestment firm1round, led 1
500 GlobalAngel1round
Plug and PlayAccelerator1round
Garage CapitalVC firm1round
Golden VenturesVC firm1round
Artiman VenturesVC firm1round
Blue Cloud VenturesVC firm1round
Think +VC firm1round
Candou VenturesVC firm1round
Fidelity Management & Research Company LLCGrowth equity1round
HarmonicHedge fund1round
Artiman Ventures/ 500 Startupsno record of our own yet1round

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

Also claim to have backed them

These 10 firms list ApplyBoard 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.

Accelerator CentreAcceleratorPer its own site
Garage CapitalVC firmPer its own site
Harmonic Growth PartnersVC firmPer its own site
J17 VenturesVC firmPer its own site
Celtic House Asia PartnersVC firmPer its own site
Coup Capital Management Inc.Venture studioPer its own site
GCI CapitalVC firmPer its own site
Gammite venturesVC firmPer its own site
Roar VenturesVC firmPer its own site
Silver Oak Ventures IncVC firmPer its own site

Quick answers about ApplyBoard

Who invested in ApplyBoard?

ApplyBoard's investors include Index Ventures, BDC Capital, Anthos Capital, Ontario Teachers' Pension Plan Board and RBCx, and 11 more on record. RBCx led its latest round.

How much has ApplyBoard raised?

ApplyBoard has raised $432M across 4 rounds since 2018.

When did ApplyBoard last raise?

ApplyBoard's most recent round was a Debt of $74M in Sept 2024, led by RBCx.

What was ApplyBoard's biggest round?

ApplyBoard's largest round on record is $304M (Series D), in Jun 2021, led by Ontario Teachers' Pension Plan Board.

Who backed ApplyBoard first?

ApplyBoard's first round on record, in Jun 2018, was backed by Think +, Candou Ventures and Artiman Ventures/ 500 Startups.

What stage is ApplyBoard at?

ApplyBoard's latest named round is a Debt, in Sept 2024.

Where is ApplyBoard based?

ApplyBoard is based in Canada.

Who led ApplyBoard's rounds?

Anthos Capital led the Series B in 2019; Ontario Teachers' Pension Plan Board led the Series D in 2021; RBCx led the Debt in 2024.

Companies like ApplyBoard

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

Magic Potion Games$4.5M · Aug 2026PAPER$34M · Jul 2026GridBank$6.0M · Apr 2026Stemble Learning$400K · Dec 2025FrontlineIQ$3.3M · Oct 2025The Knowledge Society$265K · Sept 2025

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