# Betterfly funding: rounds and investors

> Betterfly has raised $129M across 5 rounds since 2010. Investors include Lightbank, Gaingels and Endeavor Catalyst. Every round with its source.

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

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

# Who invested in *Betterfly*

5 rounds we have observed, with the 6 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.

Fintech

Funding summary Updated 26 Oct 2026

**$129M** raised across 5 rounds since 2010, from 5 sources

**$1.5M** Series A **$1.0M** Series B **$1.0M** Seed **$125M** Series C

- **Latest round:** Series C, $125M Feb 2022
- **Step-up i:** 125×
- **Investors:** 6

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.

2010 2012 2014 2016 2018 2020 2022

**?** Series A

**$1.5M** Series A

**$1.0M** Series B

**$1.0M** Seed

**$125M** Series C

- **First round:** Series A
- **Biggest round:** $125M
- **Usual gap between rounds:** 18 months

## The rounds

- **Feb 2022** Series C **$125M** *4 new* [Gaingels](https://millionrounds.com/fund/gaingels) [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) [QED Investors](https://millionrounds.com/fund/qed-investors) [Lightrock](https://millionrounds.com/fund/lightrock) Source recorded
- **Aug 2013** Series B **$1.0M** *1 returning* [Lightbank](https://millionrounds.com/fund/lightbank) From a historical funding record
- **Aug 2013** Seed **$1.0M** No investor was named in the report. Reported by techcrunch.com
- **Feb 2012** Series A **$1.5M** *1 new* *1 returning* [Lightbank](https://millionrounds.com/fund/lightbank) [Chicago Ventures](https://millionrounds.com/fund/chicago-ventures) Reported by techcrunch.com
- **Sept 2010** Series A **Amount undisclosed** *1 new* [Lightbank](https://millionrounds.com/fund/lightbank) Reported by bits.blogs.nytimes.com

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Cristobal della Maggiora** Executive Officer, Director i
- **Eduardo della Maggiora** Executive Officer, Director i

On the board, as filed i *Martin Molina* *Mike Packer*

## 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** 2010 **Series A** 2012 **Series B** 2013 **Seed** 2013 **Series C** 2022 [Lightbank](https://millionrounds.com/fund/lightbank) [Gaingels](https://millionrounds.com/fund/gaingels) [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) [QED Investors](https://millionrounds.com/fund/qed-investors) [Chicago Ventures](https://millionrounds.com/fund/chicago-ventures) [Lightrock](https://millionrounds.com/fund/lightrock)

## Everyone who backed them

[Lightbank](https://millionrounds.com/fund/lightbank) VC firm **3** rounds

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

[Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) Corporate VC **1** round

[QED Investors](https://millionrounds.com/fund/qed-investors) VC firm **1** round

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

[Lightrock](https://millionrounds.com/fund/lightrock) VC firm **1** round

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

## Quick answers about Betterfly

### Who invested in Betterfly?

Betterfly's investors include Lightbank, Gaingels, Endeavor Catalyst, QED Investors and Chicago Ventures, and 1 more on record.

### How much has Betterfly raised?

Betterfly has raised $129M across 5 rounds since 2010. One round did not disclose an amount, so the total is a floor.

### When did Betterfly last raise?

Betterfly's most recent round was a Series C of $125M in Feb 2022.

### What was Betterfly's biggest round?

Its most recent round, $125M in Feb 2022, is also its largest on record.

### Who backed Betterfly first?

Betterfly's first round on record, in Sept 2010, was backed by Lightbank.

### What stage is Betterfly at?

Betterfly's latest named round is a Series C, in Feb 2022.

### Where is Betterfly based?

Betterfly is based in the United States.

## Companies like Betterfly

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

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)

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