# ApplyBoard funding: rounds and investors > ApplyBoard has raised $432M across 4 rounds since 2018. Investors include Index Ventures, BDC Capital and Anthos Capital. Every round with its source. Source: https://millionrounds.com/company/applyboard (Millionrounds; every figure on the page links to its filing or article) Canada · [Funded startup](https://millionrounds.com/companies) # 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. Edtech Education Marketplaces Valuation: $3.2B, Mar 2026 Funding summary Updated 26 Oct 2026 **$432M** raised across 4 rounds since 2018, from 6 sources **$13M** Series A **$41M** Series B **$304M** Series D **$74M** Debt - **Latest round:** Debt, $74M Sept 2024 - **Led by:** RBCx - **Biggest round:** $304M Series 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. 2019 2020 2021 2022 2023 2024 **$13M** Series A **$41M** Series B **$304M** Series D **$74M** Debt - **First round:** Series A, $13M - **Biggest round:** $304M - **Usual gap between rounds:** 2.1 years ## The rounds - **Sept 2024** Debt **$74M** *4 new* *2 returning* [RBCx](https://millionrounds.com/fund/rbcx) Lead [500 Global](https://millionrounds.com/fund/500-startups) [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Index Ventures](https://millionrounds.com/fund/index-ventures) [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Golden Ventures](https://millionrounds.com/fund/golden-ventures) Reported by BetaKit: funding and 2 others - **Jun 2021** Series D **$304M** *7 new* [Ontario Teachers' Pension Plan Board](https://millionrounds.com/fund/ontario-teachers-pension-plan-board) Lead [Index Ventures](https://millionrounds.com/fund/index-ventures) [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Garage Capital](https://millionrounds.com/fund/garage-capital-2) [Blue Cloud Ventures](https://millionrounds.com/fund/blue-cloud-ventures) [Fidelity Management & Research Company LLC](https://millionrounds.com/fund/fidelity-management-and-research-company-llc) [Harmonic](https://millionrounds.com/fund/harmonic) Reported by Candou Ventures - **May 2019** Series B **$41M** *2 new* [Anthos Capital](https://millionrounds.com/fund/anthos-capital) Lead [Artiman Ventures](https://millionrounds.com/fund/artiman-ventures) Reported by BetaKit - **Jun 2018** Series A **$13M** *3 new* [Think +](https://millionrounds.com/fund/think) [Candou Ventures](https://millionrounds.com/fund/candou-ventures) Artiman Ventures/ 500 Startups 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 A** 2018 **Series B** 2019 **Series D** 2021 **Debt** 2024 [Index Ventures](https://millionrounds.com/fund/index-ventures) [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Anthos Capital](https://millionrounds.com/fund/anthos-capital) L [Ontario Teachers' Pension Plan Board](https://millionrounds.com/fund/ontario-teachers-pension-plan-board) L [RBCx](https://millionrounds.com/fund/rbcx) L [500 Global](https://millionrounds.com/fund/500-startups) [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Garage Capital](https://millionrounds.com/fund/garage-capital-2) [Golden Ventures](https://millionrounds.com/fund/golden-ventures) [Artiman Ventures](https://millionrounds.com/fund/artiman-ventures) ## Everyone who backed them [Index Ventures](https://millionrounds.com/fund/index-ventures) VC firm **2** rounds [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) VC firm **2** rounds [Anthos Capital](https://millionrounds.com/fund/anthos-capital) VC firm **1** round, led 1 [Ontario Teachers' Pension Plan Board](https://millionrounds.com/fund/ontario-teachers-pension-plan-board) Growth equity **1** round, led 1 [RBCx](https://millionrounds.com/fund/rbcx) Investment firm **1** round, led 1 [500 Global](https://millionrounds.com/fund/500-startups) Angel **1** round [Plug and Play](https://millionrounds.com/fund/plug-and-play) Accelerator **1** round [Garage Capital](https://millionrounds.com/fund/garage-capital-2) VC firm **1** round [Golden Ventures](https://millionrounds.com/fund/golden-ventures) VC firm **1** round [Artiman Ventures](https://millionrounds.com/fund/artiman-ventures) VC firm **1** round [Blue Cloud Ventures](https://millionrounds.com/fund/blue-cloud-ventures) VC firm **1** round [Think +](https://millionrounds.com/fund/think) VC firm **1** round [Candou Ventures](https://millionrounds.com/fund/candou-ventures) VC firm **1** round [Fidelity Management & Research Company LLC](https://millionrounds.com/fund/fidelity-management-and-research-company-llc) Growth equity **1** round [Harmonic](https://millionrounds.com/fund/harmonic) Hedge fund **1** round Artiman Ventures/ 500 Startups 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=applyboard). ## 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 Centre](https://millionrounds.com/fund/accelerator-centre) Accelerator Per its own site [Garage Capital](https://millionrounds.com/fund/garage-capital) VC firm Per its own site [Harmonic Growth Partners](https://millionrounds.com/fund/harmonic-growth-partners) VC firm Per its own site [J17 Ventures](https://millionrounds.com/fund/j17-ventures) VC firm Per its own site [Celtic House Asia Partners](https://millionrounds.com/fund/celtic-house-asia-partners) VC firm Per its own site [Coup Capital Management Inc.](https://millionrounds.com/fund/coup-capital-management-inc) Venture studio Per its own site [GCI Capital](https://millionrounds.com/fund/gci-capital) VC firm Per its own site [Gammite ventures](https://millionrounds.com/fund/gammite-ventures) VC firm Per its own site [Roar Ventures](https://millionrounds.com/fund/roar-ventures) VC firm Per its own site [Silver Oak Ventures Inc](https://millionrounds.com/fund/silver-oak-ventures-inc) VC firm Per 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 2026](https://millionrounds.com/company/magic-potion-games)[**PAPER** $34M · Jul 2026](https://millionrounds.com/company/paper)[**GridBank** $6.0M · Apr 2026](https://millionrounds.com/company/gridbank)[**Stemble Learning** $400K · Dec 2025](https://millionrounds.com/company/stemble-learning)[**FrontlineIQ** $3.3M · Oct 2025](https://millionrounds.com/company/frontlineiq)[**The Knowledge Society** $265K · Sept 2025](https://millionrounds.com/company/the-knowledge-society) ## 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