# Campfire funding: rounds and investors

> Campfire has raised $126M across 6 rounds since 2018. Investors include Accel, Y Combinator and Foundation Capital. Every round with its source.

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

Hong Kong SAR China · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Campfire*

6 rounds we have observed, with the 12 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 Professional Services Enterprise Software Fintech

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Funding summary Updated 5 Nov 2026

**$126M** raised across 6 rounds since 2018, from 7 sources

**$35M** Series A **$65M** Series B

- **Latest round:** Series B, $65M Oct 2025
- **Led by:** Accel and Ribbit Capital
- **Step-up i:** 1.9×
- **Investors:** 12 (2 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.

2019 2020 2021 2022 2023 2024 2025

**$18M** Series A

**$2.5M** Seed

**$2.0M** Seed

**$3.5M** Seed

**$35M** Series A

**$65M** Series B

- **First round:** Series A, $18M
- **Biggest round:** $65M
- **Usual gap between rounds:** 2.6 years

## The rounds

- **Oct 2025** Series B **$65M** *1 new* *1 returning* [Accel](https://millionrounds.com/fund/accel) Lead [Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) Lead Reported by Crunchbase News SEC filing: $57M sold, first sale Oct 2025
- **Jun 2025** Series A **$35M** *3 new* *2 returning* [Accel](https://millionrounds.com/fund/accel) Lead [Y Combinator](https://millionrounds.com/fund/y-combinator) [Foundation Capital](https://millionrounds.com/fund/foundation-capital) [Capital 49](https://millionrounds.com/fund/capital49) [Dan Kang](https://millionrounds.com/fund/dan-kang) Reported by TechCrunch and 1 other SEC filing: $39M sold, first sale Jun 2025
- **Feb 2024** Seed **$3.5M** *3 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Foundation Capital](https://millionrounds.com/fund/foundation-capital) [Twenty Two Ventures](https://millionrounds.com/fund/twenty-two-ventures) Source recorded
- **Jul 2021** Seed **$2.0M** *1 new* [Kickstart](https://millionrounds.com/fund/kickstart) Source recorded SEC filing: $1.3M sold, first sale May 2021
- **Jun 2021** Seed **$2.5M** *1 new* [Founders Fund](https://millionrounds.com/fund/founders-fund) Source recorded SEC filing: $1.3M sold, first sale May 2021
- **Jul 2018** Series A **$18M** *3 new* Fast Global Holdings Kwai Jung Group Sa Sa Reported by TechCrunch

## 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** 2018 **Seed** 2021 **Seed** 2021 **Seed** 2024 **Series A** 2025 **Series B** 2025 [Accel](https://millionrounds.com/fund/accel) L L [Y Combinator](https://millionrounds.com/fund/y-combinator) [Foundation Capital](https://millionrounds.com/fund/foundation-capital) [Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) L [Founders Fund](https://millionrounds.com/fund/founders-fund) [Kickstart](https://millionrounds.com/fund/kickstart) [Twenty Two Ventures](https://millionrounds.com/fund/twenty-two-ventures) [Capital 49](https://millionrounds.com/fund/capital49) [Dan Kang](https://millionrounds.com/fund/dan-kang) Fast Global Holdings

## Everyone who backed them

[Accel](https://millionrounds.com/fund/accel) VC firm **2** rounds, led 2

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **2** rounds

[Foundation Capital](https://millionrounds.com/fund/foundation-capital) VC firm **2** rounds

[Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) VC firm **1** round, led 1

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

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

[Twenty Two Ventures](https://millionrounds.com/fund/twenty-two-ventures) VC firm **1** round

[Capital 49](https://millionrounds.com/fund/capital49) VC firm **1** round

[Dan Kang](https://millionrounds.com/fund/dan-kang) VC firm **1** round

Fast Global Holdings no record of our own yet **1** round

Kwai Jung Group no record of our own yet **1** round

Sa Sa 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=campfire).

## Also claim to have backed them

This firm lists Campfire 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.

[Suneight Investment](https://millionrounds.com/fund/suneight-investment) VC firm Per its own site

## Quick answers about Campfire

### Who invested in Campfire?

Campfire's investors include Accel, Y Combinator, Foundation Capital, Ribbit Capital and Founders Fund, and 7 more on record. Accel led its latest round.

### How much has Campfire raised?

Campfire has raised $126M across 6 rounds since 2018.

### When did Campfire last raise?

Campfire's most recent round was a Series B of $65M in Oct 2025, led by Accel.

### What was Campfire's biggest round?

Its most recent round, $65M in Oct 2025, is also its largest on record.

### Who backed Campfire first?

Campfire's first round on record, in Jul 2018, was backed by Fast Global Holdings, Kwai Jung Group and Sa Sa.

### What stage is Campfire at?

Campfire's latest named round is a Series B, in Oct 2025.

### Where is Campfire based?

Campfire is based in Hong Kong SAR China.

### Who led Campfire's rounds?

Accel led the Series A in 2025.

## Companies like Campfire

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

[**PhotonPay** $40M · Oct 2026](https://millionrounds.com/company/photonpay)[**Finloop** $10M · Sept 2026](https://millionrounds.com/company/finloop)[**Cornerstone Robotics** $970M · Sept 2026](https://millionrounds.com/company/cornerstone-robotics)[**3 E Network Technology Group** $1.0M · Sept 2026](https://millionrounds.com/company/3-e-network-technology-group)[**Qupital** $315M · Sept 2026](https://millionrounds.com/company/qupital)[**OJO** $15M · Aug 2026](https://millionrounds.com/company/ojo)

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