# Better Place Forests funding: rounds and investors

> Better Place Forests has raised $20M across 2 rounds since 2019. Investors include DBL Partners, True Ventures and TCG. Every round with its source.

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

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

# Who invested in *Better Place Forests*

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.

Cleantech

Funding summary Updated 26 Oct 2026

**$20M** raised across 2 rounds since 2019, from 2 sources

**$12M** Round **$7.8M** Venture

- **Latest round:** Venture, $7.8M Aug 2023
- **Biggest round:** $12M Round · Jun 2019
- **Investors:** 3 (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.

2020 2021 2022 2023

**$12M** Round

**$7.8M** Venture

- **First round:** Round, $12M
- **Biggest round:** $12M
- **Between rounds:** 4.2 years

## The rounds

- **Aug 2023** Venture **$7.8M** *1 new* [TCG](https://millionrounds.com/fund/tcg) Source recorded SEC filing: $7.8M sold, first sale Jul 2023
- **Jun 2019** Round **$12M** *2 new* [DBL Partners](https://millionrounds.com/fund/dbl-partners) Lead [True Ventures](https://millionrounds.com/fund/true-ventures-2) Reported by Nytimes

## 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** 2019 **Venture** 2023 [DBL Partners](https://millionrounds.com/fund/dbl-partners) L [True Ventures](https://millionrounds.com/fund/true-ventures-2) [TCG](https://millionrounds.com/fund/tcg)

## Everyone who backed them

[DBL Partners](https://millionrounds.com/fund/dbl-partners) VC firm **1** round, led 1

[True Ventures](https://millionrounds.com/fund/true-ventures-2) VC firm **1** round

[TCG](https://millionrounds.com/fund/tcg) Private equity **1** round

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

## Also claim to have backed them

This firm lists Better Place Forests 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.

[Horizon Technology Finance](https://millionrounds.com/fund/horizon-technology-finance) Venture debt Per its own site

## Quick answers about Better Place Forests

### Who invested in Better Place Forests?

Better Place Forests's investors include DBL Partners, True Ventures and TCG.

### How much has Better Place Forests raised?

Better Place Forests has raised $20M across 2 rounds since 2019.

### When did Better Place Forests last raise?

Better Place Forests's most recent round was a Venture of $7.8M in Aug 2023.

### What was Better Place Forests's biggest round?

Better Place Forests's largest round on record is $12M (Undisclosed round), in Jun 2019, led by DBL Partners.

### Who backed Better Place Forests first?

Better Place Forests's first round on record, in Jun 2019, was backed by DBL Partners and True Ventures.

### What stage is Better Place Forests at?

Better Place Forests's latest named round is a Venture, in Aug 2023.

### Where is Better Place Forests based?

Better Place Forests is based in the United States.

### Who led Better Place Forests's rounds?

DBL Partners led the Undisclosed round in 2019.

## Companies like Better Place Forests

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

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Renew** $207M · Oct 2026](https://millionrounds.com/company/renew)[**Optivolt** $37M · Oct 2026](https://millionrounds.com/company/optivolt)

## Find investors like these

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