# Atmosphere funding: rounds and investors

> Atmosphere has raised $73M across 2 rounds since 2019. Investors include S3 Ventures, Valor Equity Partners and Trinity Capital. Every round with its source.

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

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

# Who invested in *Atmosphere*

2 rounds we have observed, with the 4 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.

Entertainment Internet Media

Valuation: $1.0B, Mar 2026

Funding summary Updated 26 Oct 2026

**$73M** raised across 2 rounds since 2019, from 2 sources

**$10M** Series A **$63M** Debt

- **Latest round:** Debt, $63M May 2025
- **Step-up i:** 6.3×
- **Investors:** 4 (1 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 2025

**$10M** Series A

**$63M** Debt

- **First round:** Series A, $10M
- **Biggest round:** $63M
- **Between rounds:** 6 years

## The rounds

- **May 2025** Debt **$63M** *2 new* *1 returning* [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) [Trinity Capital](https://millionrounds.com/fund/trinity-capital) [S3 Ventures](https://millionrounds.com/fund/s3-ventures) Source recorded
- **Apr 2019** Series A **$10M** *2 new* [S3 Ventures](https://millionrounds.com/fund/s3-ventures) Lead [Capstar Ventures](https://millionrounds.com/fund/capstar-ventures) Reported by TechCrunch

## 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** 2019 **Debt** 2025 [S3 Ventures](https://millionrounds.com/fund/s3-ventures) L [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) [Trinity Capital](https://millionrounds.com/fund/trinity-capital) [Capstar Ventures](https://millionrounds.com/fund/capstar-ventures)

## Everyone who backed them

[S3 Ventures](https://millionrounds.com/fund/s3-ventures) VC firm **2** rounds, led 1

[Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) VC firm **1** round

[Trinity Capital](https://millionrounds.com/fund/trinity-capital) VC firm **1** round

[Capstar Ventures](https://millionrounds.com/fund/capstar-ventures) VC firm **1** round

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

## Also claim to have backed them

This firm lists Atmosphere 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.

[Capstar Capital](https://millionrounds.com/fund/capstar-capital) Private equity Per its own site

## Quick answers about Atmosphere

### Who invested in Atmosphere?

Atmosphere's investors include S3 Ventures, Valor Equity Partners, Trinity Capital and Capstar Ventures.

### How much has Atmosphere raised?

Atmosphere has raised $73M across 2 rounds since 2019.

### When did Atmosphere last raise?

Atmosphere's most recent round was a Debt of $63M in May 2025.

### What was Atmosphere's biggest round?

Its most recent round, $63M in May 2025, is also its largest on record.

### Who backed Atmosphere first?

Atmosphere's first round on record, in Apr 2019, was backed by S3 Ventures and Capstar Ventures.

### What stage is Atmosphere at?

Atmosphere's latest named round is a Debt, in May 2025.

### Where is Atmosphere based?

Atmosphere is based in the United States.

### Who led Atmosphere's rounds?

S3 Ventures led the Series A in 2019.

## Companies like Atmosphere

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

[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Tolan** $30M · Oct 2026](https://millionrounds.com/company/tolan)[**Clueso** $11M · Oct 2026](https://millionrounds.com/company/clueso)[**Welltory** $4.0M · Oct 2026](https://millionrounds.com/company/welltory)[**Notey** $3.0M · Oct 2026](https://millionrounds.com/company/notey)

## Find investors like these

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