Who invested in Arena?
Arena's investors include Andreessen Horowitz, Felicis, Kleiner Perkins, Lightspeed Venture Partners and Khosla Ventures, and 15 more on record. Lightspeed Venture Partners led its latest round.

United States · Series B startup
Funding summaryUpdated 26 Oct 2026
$401Mraised across 7 rounds since 2021, from 10 sources
Each circle is a round, placed by date and sized by amount. The line above is the running total.
Reported by Firms' own news pages and 3 others
No investor was named in the report.
Source recorded
Source recorded
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Arena's investors include Andreessen Horowitz, Felicis, Kleiner Perkins, Lightspeed Venture Partners and Khosla Ventures, and 15 more on record. Lightspeed Venture Partners led its latest round.
Arena has raised $401M across 7 rounds since 2021.
Arena's most recent round was a Series B of $200M in Oct 2026, led by Lightspeed Venture Partners.
Its most recent round, $200M in Oct 2026, is also its largest on record.
Arena's first round on record, in Jul 2021, was backed by Courtside Ventures.
Arena's latest named round is a Series B, in Oct 2026.
Arena is based in the United States.
Lightspeed Venture Partners led the Series B in 2026.
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