# CallRail funding: rounds and investors

> CallRail has raised $138M across 5 rounds since 2015. Investors include Square 1 Bank, Sageview Capital and Leaders Fund. Every round with its source.

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

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

# Who invested in *CallRail*

5 rounds we have observed, with the 9 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.

Advertising & Adtech Martech

Funding summary Updated 26 Oct 2026

**$138M** raised across 5 rounds since 2015, from 5 sources

**$1.9M** Series A **$75M** Round **$15M** Debt **$46M** Venture

- **Latest round:** Venture, $46M Nov 2020
- **Biggest round:** $75M Round · Sept 2017
- **Step-up i:** 3×
- **Investors:** 9

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.

2015 2016 2017 2018 2019 2020

**?** Round

**$1.9M** Series A

**$75M** Round

**$15M** Debt

**$46M** Venture

- **First round:** Round
- **Biggest round:** $75M
- **Usual gap between rounds:** 2.1 years

## The rounds

- **Nov 2020** Venture **$46M** No investor was named in the report. Source recorded SEC filing: $46M sold, first sale Nov 2020
- **Oct 2018** Debt **$15M** *1 new* [Square 1 Bank](https://millionrounds.com/fund/square-1-bank) Reported by FinSMEs
- **Sept 2017** Round **$75M** *2 new* [Sageview Capital](https://millionrounds.com/fund/sageview-capital) [Leaders Fund](https://millionrounds.com/fund/leaders-fund) Reported by FinSMEs SEC filing: $30M sold, first sale Sept 2017
- **Jan 2015** Series A **$1.9M** *5 new* [Jim Armstrong](https://millionrounds.com/fund/jim-armstrong) Reggie Bradford Todd Belfer Tycho Howle Wain Kellum From a historical funding record SEC filing: $1.9M sold, first sale Dec 2014
- **Jan 2015** Round **Amount undisclosed** *1 new* [Lance Weatherby](https://millionrounds.com/fund/lance-weatherby) From a historical funding record SEC filing: $1.9M sold, first sale Dec 2014

## Founders and team

From the SEC filings it signed: 1 on the team.

- **Mark Andrew Powell** Executive Officer, Director i

On the board, as filed i *David Andrew Krantz* *Dean Andrew Nelson* *Kevin Andrew Mann* *Mike Andrew McClure* *Stephen Andrew Debacco*

## 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** 2015 **Series A** 2015 **Round** 2017 **Debt** 2018 **Venture** 2020 [Square 1 Bank](https://millionrounds.com/fund/square-1-bank) [Sageview Capital](https://millionrounds.com/fund/sageview-capital) [Leaders Fund](https://millionrounds.com/fund/leaders-fund) [Jim Armstrong](https://millionrounds.com/fund/jim-armstrong) [Lance Weatherby](https://millionrounds.com/fund/lance-weatherby) Reggie Bradford Todd Belfer Tycho Howle Wain Kellum

## Everyone who backed them

[Square 1 Bank](https://millionrounds.com/fund/square-1-bank) Investment firm **1** round

[Sageview Capital](https://millionrounds.com/fund/sageview-capital) Growth equity **1** round

[Leaders Fund](https://millionrounds.com/fund/leaders-fund) VC firm **1** round

[Jim Armstrong](https://millionrounds.com/fund/jim-armstrong) Angel **1** round

[Lance Weatherby](https://millionrounds.com/fund/lance-weatherby) Angel **1** round

Reggie Bradford no record of our own yet **1** round

Todd Belfer no record of our own yet **1** round

Tycho Howle no record of our own yet **1** round

Wain Kellum 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=callrail).

## Also claim to have backed them

These 2 firms list CallRail 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.

[BLH Venture Partners](https://millionrounds.com/fund/blh-venture-partners) VC firm Per its own site

[Haller Capital](https://millionrounds.com/fund/haller-capital) Government Per its own site

## Quick answers about CallRail

### Who invested in CallRail?

CallRail's investors include Square 1 Bank, Sageview Capital, Leaders Fund, Jim Armstrong and Lance Weatherby, and 4 more on record.

### How much has CallRail raised?

CallRail has raised $138M across 5 rounds since 2015. One round did not disclose an amount, so the total is a floor.

### When did CallRail last raise?

CallRail's most recent round was a Venture of $46M in Nov 2020.

### What was CallRail's biggest round?

CallRail's largest round on record is $75M (Undisclosed round), in Sept 2017.

### Who backed CallRail first?

CallRail's first round on record, in Jan 2015, was backed by Lance Weatherby.

### What stage is CallRail at?

CallRail's latest named round is a Venture, in Nov 2020.

### Where is CallRail based?

CallRail is based in the United States.

## Companies like CallRail

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

[**Kevel** $75M · Oct 2026](https://millionrounds.com/company/kevel)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Different** $48M · Oct 2026](https://millionrounds.com/company/different)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)[**OuterSignal** $22M · Sept 2026](https://millionrounds.com/company/outersignal)[**Pipedrive** $90M · Sept 2026](https://millionrounds.com/company/pipedrive)

## Find investors like these

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