United States · Funded startup

Who invested in C2FO

8 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.

Fintech

Valuation: $1.0B, Mar 2026

Funding summaryUpdated 26 Oct 2026

$398Mraised across 8 rounds since 2011, from 8 sources

$3.6MSeries A$9.1MSeries B$9.1MSeries A$18MSeries C$18MSeries B$40MSeries D$100MRound$200MRound
Latest round
Round, $200MAug 2019
Led by
SoftBank Vision Fund
Step-upi
2×
Investors
10 (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.

20112013201520172019
$3.6MSeries A$9.1MSeries B$9.1MSeries A$18MSeries C$18MSeries B$40MSeries D$100MRound$200MRound
First round
Series A, $3.6M
Mar 2011
Biggest round
$200M
Round · Aug 2019
Usual gap between rounds
18 months
the median of 5

The rounds

  1. Aug 2019
  2. Feb 2018
  3. Aug 2015
  4. Jul 2013
  5. Jul 2013
  6. Sept 2012
    Series B$9.1M1 new

    From a historical funding record

  7. Sept 2012
    Series A$9.1M1 returning

    Reported by finsmes.com

  8. Mar 2011
    Series A$3.6M3 new

    From a historical funding record

Founders and team

From C2FO's own website: 9 on the team.

  • Ragui SelwanesPresident & COO Americas
  • Sanjay GuptaPresident and Chief Customer Officer
  • Anne SteinhausChief Product & Technology Officer
  • Colin SharpChief Sales Officer
  • Jackie HancockChief Accounting Officer
  • Krissy YoungChief Administrative Officer
  • Raffaele SadunChief Financial Officer
  • Aditya DevurkarHead of Data Science and Operations
  • David GreerGeneral Counsel and Corporate Secretary

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

Union Square VenturesVC firm7rounds
Summerhill Venture PartnersGrowth equity4rounds
OPENAIR Equity PartnersGrowth equity3rounds
Temasek HoldingsVC firm2rounds
SoftBank Vision FundVC firm1round, led 1
Allianz XCorporate VC1round
Iron MountainCorporate VC1round
VFORMATION LLCFamily office1round

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

Also claim to have backed them

This firm lists C2FO 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.

Free State ForgeAngel networkPer its own site

Quick answers about C2FO

Who invested in C2FO?

C2FO's investors include Union Square Ventures, Summerhill Venture Partners, Mithril Capital Management, OPENAIR Equity Partners and Temasek Holdings, and 5 more on record. SoftBank Vision Fund led its latest round.

How much has C2FO raised?

C2FO has raised $398M across 8 rounds since 2011.

When did C2FO last raise?

C2FO's most recent round was an Undisclosed round of $200M in Aug 2019, led by SoftBank Vision Fund.

What was C2FO's biggest round?

Its most recent round, $200M in Aug 2019, is also its largest on record.

Who backed C2FO first?

C2FO's first round on record, in Mar 2011, was backed by Summerhill Venture Partners, Iron Mountain and VFORMATION LLC.

What stage is C2FO at?

C2FO's latest named round is an Undisclosed round, in Aug 2019.

Where is C2FO based?

C2FO is based in the United States.

Who led C2FO's rounds?

SoftBank Vision Fund led the Undisclosed round in 2019.

Companies like C2FO

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

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