Spain · Seed startup

Who invested in Balance

5 rounds we have observed, with the 10 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.

Media

Raised 4 months ago

Funding summaryUpdated 26 Oct 2026

$386Mraised across 5 rounds since 2022, from 5 sources

$350MDebt$2.0MSeed$30MVenture$500KPre-seed$3.4MSeed
Latest round
Seed, $3.4MJul 2026
Biggest round
$350MDebt · Nov 2022
Step-upi
6.8×
Investors
10
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.

2023202420252026
$350MDebt$2.0MSeed$30MVenture$500KPre-seed$3.4MSeed
First round
Debt, $350M
Nov 2022
Biggest round
$350M
Debt · Nov 2022
Usual gap between rounds
5 months
the median of 4

The rounds

  1. Jul 2026
    Seed$3.4M2 new

    Source recorded

  2. Feb 2026
    Pre-seed$500K1 returning

    Source recorded

  3. Jan 2026
    Venture$30M2 new

    Source recorded

  4. Sept 2025
    Seed$2.0M1 new

    Source recorded

  5. Nov 2022

Founders and team

From Balance's own website: 2 founders, 7 on the team.

Baha NurlybayevCo-founder
George BordianuFounder
  • Brad KirbyTeam
  • David StantonTeam
  • Genia MikhalchenkoTeam
  • Geoffrey CherTeam
  • Jean DesgagneTeam
  • Michael RabkinTeam
  • Wildeboer DellelceTeam

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.

Everyone who backed them

Y CombinatorAccelerator2rounds
Salesforce VenturesCorporate VC1round
Liquid 2 VenturesVC firm1round
Forerunner VenturesVC firm1round
Cota CapitalVC firm1round
StripeCompany1round
Seven Seven SixVC firm1round
JME VenturesVC firm1round
Shilling VCVC firm1round

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

Quick answers about Balance

Who invested in Balance?

Balance's investors include Y Combinator, Lightspeed Venture Partners, Salesforce Ventures, Liquid 2 Ventures and Forerunner Ventures, and 5 more on record.

How much has Balance raised?

Balance has raised $386M across 5 rounds since 2022.

When did Balance last raise?

Balance's most recent round was a Seed of $3.4M in Jul 2026.

What was Balance's biggest round?

Balance's largest round on record is $350M (Debt), in Nov 2022.

Who backed Balance first?

Balance's first round on record, in Nov 2022, was backed by Y Combinator, Lightspeed Venture Partners and Salesforce Ventures and 2 others.

What stage is Balance at?

Balance's latest named round is a Seed, in Jul 2026.

Where is Balance based?

Balance is based in Spain.

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