# Cachet funding: rounds and investors

> Cachet has raised $18M across 2 rounds since 2022. Investors include Spintop Ventures, Techstars and Outrun Ventures. Every round with its source.

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

Estonia · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Cachet*

2 rounds we have observed, with the 5 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.

Automotive & EVs Financial Services Fintech Insurtech

Raised this month

Funding summary Updated 26 Oct 2026

**$18M** raised across 2 rounds since 2022, from 4 sources

**$5.7M** Series A **$12M** Round

- **Latest round:** Round, $12M Oct 2026
- **Led by:** Spintop Ventures
- **Step-up i:** 2.2×
- **Investors:** 5 (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.

2023 2024 2025 2026

**$5.7M** Series A

**$12M** Round

- **First round:** Series A, $5.7M
- **Biggest round:** $12M
- **Between rounds:** 4.4 years

[**Cachet** Financial services 1 / 14 Their pitch deck **Cachet's pitch deck, 14 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/cachet)

## The rounds

- **Oct 2026** Round **$12M** *3 new* [Spintop Ventures](https://millionrounds.com/fund/spintop-ventures) Lead [Truffle Capital](https://millionrounds.com/fund/truffle-capital) [icebreaker.vc](https://millionrounds.com/fund/icebreaker-vc) Reported by ArcticStartup and 2 others
- **May 2022** Series A **$5.7M** *2 new* [Techstars](https://millionrounds.com/fund/techstars) [Outrun Ventures](https://millionrounds.com/fund/outrun-ventures) 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 **Round** 2026 [Spintop Ventures](https://millionrounds.com/fund/spintop-ventures) L [Techstars](https://millionrounds.com/fund/techstars) [Outrun Ventures](https://millionrounds.com/fund/outrun-ventures) [Truffle Capital](https://millionrounds.com/fund/truffle-capital) [icebreaker.vc](https://millionrounds.com/fund/icebreaker-vc)

## Everyone who backed them

[Spintop Ventures](https://millionrounds.com/fund/spintop-ventures) VC firm **1** round, led 1

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

[Outrun Ventures](https://millionrounds.com/fund/outrun-ventures) Family office **1** round

[Truffle Capital](https://millionrounds.com/fund/truffle-capital) VC firm **1** round

[icebreaker.vc](https://millionrounds.com/fund/icebreaker-vc) VC firm **1** round

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

## Also claim to have backed them

These 2 firms list Cachet 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.

[Lemonade Stand](https://millionrounds.com/fund/lemonade-stand) Family office Per its own site

[SHAPE Capital Partners](https://millionrounds.com/fund/shape-capital-partners) Growth equity Per its own site

## Quick answers about Cachet

### Who invested in Cachet?

Cachet's investors include Spintop Ventures, Techstars, Outrun Ventures, Truffle Capital and icebreaker.vc. Spintop Ventures led its latest round.

### How much has Cachet raised?

Cachet has raised $18M across 2 rounds since 2022.

### When did Cachet last raise?

Cachet's most recent round was an Undisclosed round of $12M in Oct 2026, led by Spintop Ventures.

### What was Cachet's biggest round?

Its most recent round, $12M in Oct 2026, is also its largest on record.

### Who backed Cachet first?

Cachet's first round on record, in May 2022, was backed by Techstars and Outrun Ventures.

### What stage is Cachet at?

Cachet's latest named round is an Undisclosed round, in Oct 2026.

### Where is Cachet based?

Cachet is based in Estonia.

### Who led Cachet's rounds?

Spintop Ventures led the Undisclosed round in 2026.

## Companies like Cachet

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

[**Creem** $7.8M · Sept 2026](https://millionrounds.com/company/creem)[**Aampere** $6.6M · Jul 2026](https://millionrounds.com/company/aampere)[**Fintellect** $100K · May 2025](https://millionrounds.com/company/fintellect)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**Ghanem** $1.5M · Oct 2026](https://millionrounds.com/company/ghanem)

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