# Bonsai funding: rounds and investors

> Bonsai has raised $13M across 2 rounds since 2022. Investors include Service Provider Capital and Sputnik ATX. Every round with its source.

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

Canada · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Bonsai*

2 rounds we have observed, with the 2 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.

AI Education Media

Y Combinator: W16

Funding summary Updated 26 Oct 2026

**$13M** raised across 2 rounds since 2022, from 2 sources

**$12M** Series A **$1.8M** Seed

- **Latest round:** Seed, $1.8M Jul 2025
- **Biggest round:** $12M Series A · Mar 2022
- **Investors:** 2

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.

2022 2023 2024 2025

**$12M** Series A

**$1.8M** Seed

- **First round:** Series A, $12M
- **Biggest round:** $12M
- **Between rounds:** 3.3 years

## The rounds

- **Jul 2025** Seed **$1.8M** *1 new* [Service Provider Capital](https://millionrounds.com/fund/service-provider-capital) Source recorded
- **Mar 2022** Series A **$12M** *1 new* [Sputnik ATX](https://millionrounds.com/fund/sputnik-atx) Source recorded

## 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** 2022 **Seed** 2025 [Service Provider Capital](https://millionrounds.com/fund/service-provider-capital) [Sputnik ATX](https://millionrounds.com/fund/sputnik-atx)

## The exit

Exit Buyer Price When

Acquired [Microsoft](https://millionrounds.com/fund/microsoft) undisclosed Jun 2018

From historical deal records. Wrong? [Tell us](https://millionrounds.com/corrections?slug=bonsai).

## Everyone who backed them

[Service Provider Capital](https://millionrounds.com/fund/service-provider-capital) VC firm **1** round

[Sputnik ATX](https://millionrounds.com/fund/sputnik-atx) VC firm **1** round

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

## Quick answers about Bonsai

### Who invested in Bonsai?

Bonsai's investors include Service Provider Capital and Sputnik ATX.

### How much has Bonsai raised?

Bonsai has raised $13M across 2 rounds since 2022.

### When did Bonsai last raise?

Bonsai's most recent round was a Seed of $1.8M in Jul 2025.

### What was Bonsai's biggest round?

Bonsai's largest round on record is $12M (Series A), in Mar 2022.

### Who backed Bonsai first?

Bonsai's first round on record, in Mar 2022, was backed by Sputnik ATX.

### What stage is Bonsai at?

Bonsai's latest named round is a Seed, in Jul 2025.

### Where is Bonsai based?

Bonsai is based in Canada.

## Companies like Bonsai

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

[**Quminex** $1.1M · Oct 2026](https://millionrounds.com/company/quminex)[**Biossil** $153M · Sept 2026](https://millionrounds.com/company/biossil)[**Astrus** $20M · Sept 2026](https://millionrounds.com/company/astrus)[**Altis Labs** $31M · Sept 2026](https://millionrounds.com/company/altis-labs)[**Thri5** $5.4M · Sept 2026](https://millionrounds.com/company/thri5)[**LawZero** $215M · Sept 2026](https://millionrounds.com/company/lawzero)

## Find investors like these

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