# Arbiter funding: rounds and investors

> Arbiter has raised $52M across 2 rounds since 2014. Investors include MFO Ventures, TriEdge Investments and Tandem Capital. Every round with its source.

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

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

# Who invested in *Arbiter*

2 rounds we have observed, with the 3 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.

Healthtech

Raised 12 months ago

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Funding summary Updated 15 Nov 2026

**$52M** raised across 2 rounds since 2014, from 2 sources

- **Latest round:** Round, $52M Nov 2025
- **Led by:** MFO Ventures and TriEdge Investments
- **Investors:** 3 (2 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.

2014 2016 2018 2020 2022 2024

**?** Round

**$52M** Round

- **First round:** Round
- **Biggest round:** $52M
- **Between rounds:** 11.4 years

## The rounds

- **Nov 2025** Round **$52M** *2 new* [MFO Ventures](https://millionrounds.com/fund/mfo-ventures) Lead [TriEdge Investments](https://millionrounds.com/fund/triedge-investments) Lead Reported by AlleyWatch
- **Jul 2014** Round **Amount undisclosed** *1 new* [Tandem Capital](https://millionrounds.com/fund/tandem) From a historical funding record

## 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.

**Round** 2014 **Round** 2025 [MFO Ventures](https://millionrounds.com/fund/mfo-ventures) L [TriEdge Investments](https://millionrounds.com/fund/triedge-investments) L [Tandem Capital](https://millionrounds.com/fund/tandem)

## Everyone who backed them

[MFO Ventures](https://millionrounds.com/fund/mfo-ventures) Family office **1** round, led 1

[TriEdge Investments](https://millionrounds.com/fund/triedge-investments) Family office **1** round, led 1

[Tandem Capital](https://millionrounds.com/fund/tandem) VC firm **1** round

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

## Also claim to have backed them

These 2 firms list Arbiter 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.

[Ainsley Capital](https://millionrounds.com/fund/ainsley-capital) Family office Per its own site

[WindRose Health Investors](https://millionrounds.com/fund/windrose-health-investors) Private equity Per its own site

## Quick answers about Arbiter

### Who invested in Arbiter?

Arbiter's investors include MFO Ventures, TriEdge Investments and Tandem Capital. MFO Ventures led its latest round.

### How much has Arbiter raised?

Arbiter has raised $52M across 2 rounds since 2014. One round did not disclose an amount, so the total is a floor.

### When did Arbiter last raise?

Arbiter's most recent round was an Undisclosed round of $52M in Nov 2025, led by MFO Ventures.

### What was Arbiter's biggest round?

Its most recent round, $52M in Nov 2025, is also its largest on record.

### Who backed Arbiter first?

Arbiter's first round on record, in Jul 2014, was backed by Tandem Capital.

### What stage is Arbiter at?

Arbiter's latest named round is an Undisclosed round, in Nov 2025.

### Where is Arbiter based?

Arbiter is based in the United States.

### Who led Arbiter's rounds?

MFO Ventures led the Undisclosed round in 2025.

## Companies like Arbiter

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

[**Triplemoon** $7.5M · Nov 2026](https://millionrounds.com/company/triplemoon)[**Devoted Health** $2.1B · Nov 2026](https://millionrounds.com/company/devoted-health)[**Avanlee Care** $8.5M · Nov 2026](https://millionrounds.com/company/avanlee-care)[**Allswell** $15M · Oct 2026](https://millionrounds.com/company/allswell)[**Stride** $16M · Oct 2026](https://millionrounds.com/company/stride)[**Allara** $56M · Oct 2026](https://millionrounds.com/company/allara)

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