# Braavo Capital funding: rounds and investors > Braavo Capital has raised $106M across 3 rounds since 2017. Investors include SV Angel, BoxGroup and Headline. Every round with its source. Source: https://millionrounds.com/company/braavo-capital (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *Braavo Capital* 3 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. B2B Fintech Follow Braavo Capital and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fbraavo-capital) Funding summary Updated 27 Oct 2026 **$106M** raised across 3 rounds since 2017, from 3 sources **$70M** Round **$6.0M** Series A **$30M** Debt - **Latest round:** Debt, $30M May 2024 - **Biggest round:** $70M Round · Sept 2017 - **Step-up i:** 5× - **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. 2018 2019 2020 2021 2022 2023 2024 **$70M** Round **$6.0M** Series A **$30M** Debt - **First round:** Round, $70M - **Biggest round:** $70M - **Usual gap between rounds:** 5.7 years ## The rounds - **May 2024** Debt **$30M** *3 new* [SV Angel](https://millionrounds.com/fund/sv-angel) [BoxGroup](https://millionrounds.com/fund/boxgroup) [Headline](https://millionrounds.com/fund/headline) Source recorded - **Aug 2018** Series A **$6.0M** *2 new* [Bill Smith](https://millionrounds.com/fund/bill-smith) e.ventures/ SWS Reported by FinSMEs SEC filing: $4.1M sold, first sale May 2018 - **Sept 2017** Round **$70M** *1 new* Mark 2 Capital Reported by FinSMEs ## Founders and team From the SEC filings it signed: 2 on the team. - **Mark Loranger** Executive Officer, Director i - **Sergei Kovalenko** Executive Officer, Director i On the board, as filed i *Brendan Wales* ## 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** 2017 **Series A** 2018 **Debt** 2024 [SV Angel](https://millionrounds.com/fund/sv-angel) [BoxGroup](https://millionrounds.com/fund/boxgroup) [Headline](https://millionrounds.com/fund/headline) [Bill Smith](https://millionrounds.com/fund/bill-smith) e.ventures/ SWS Mark 2 Capital ## Everyone who backed them [SV Angel](https://millionrounds.com/fund/sv-angel) VC firm **1** round [BoxGroup](https://millionrounds.com/fund/boxgroup) VC firm **1** round [Headline](https://millionrounds.com/fund/headline) VC firm **1** round [Bill Smith](https://millionrounds.com/fund/bill-smith) Angel **1** round e.ventures/ SWS no record of our own yet **1** round Mark 2 Capital no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=braavo-capital). ## Also claim to have backed them These 3 firms list Braavo Capital as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Upstage Ventures](https://millionrounds.com/fund/upstage-ventures) VC firm Per its own site [Founders First](https://millionrounds.com/fund/founders-first-3) VC firm 2021, per its site [Magellan](https://millionrounds.com/fund/magellan) Venture studio Per its own site ## Quick answers about Braavo Capital ### Who invested in Braavo Capital? Braavo Capital's investors include SV Angel, BoxGroup, Headline, Bill Smith and e.ventures/ SWS, and 1 more on record. ### How much has Braavo Capital raised? Braavo Capital has raised $106M across 3 rounds since 2017. ### When did Braavo Capital last raise? Braavo Capital's most recent round was a Debt of $30M in May 2024. ### What was Braavo Capital's biggest round? Braavo Capital's largest round on record is $70M (Undisclosed round), in Sept 2017. ### Who backed Braavo Capital first? Braavo Capital's first round on record, in Sept 2017, was backed by Mark 2 Capital. ### What stage is Braavo Capital at? Braavo Capital's latest named round is a Debt, in May 2024. ### Where is Braavo Capital based? Braavo Capital is based in the United States. ## Companies like Braavo Capital In the same sector, and raised in the last eighteen months. [**Erebor** $380M · Oct 2026](https://millionrounds.com/company/erebor)[**Nevis** $105M · Oct 2026](https://millionrounds.com/company/nevis)[**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) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app