# Capitolis funding: rounds and investors

> Capitolis has raised $225M across 4 rounds since 2018. Investors include Sequoia Capital, Index Ventures and Citibank. Every round with its source.

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

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

# Who invested in *Capitolis*

4 rounds we have observed, with the 19 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.

Financial Services Fintech

Raised 1 month ago Valuation: $1.6B, Mar 2026

Funding summary Updated 26 Oct 2026

**$225M** raised across 4 rounds since 2018, from 5 sources

**$29M** Seed **$40M** Round **$36M** Venture **$120M** Series E

- **Latest round:** Series E, $120M Oct 2026
- **Led by:** Citibank
- **Step-up i:** 3.3×
- **Investors:** 19 (3 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.

2018 2020 2022 2024 2026

**$29M** Seed

**$40M** Round

**$36M** Venture

**$120M** Series E

- **First round:** Seed, $29M
- **Biggest round:** $120M
- **Usual gap between rounds:** 20 months

## The rounds

- **Oct 2026** Series E **$120M** *11 new* *1 returning* [Citibank](https://millionrounds.com/fund/citi) Lead [JP Morgan](https://millionrounds.com/fund/jpmorgan) [BNP Paribas](https://millionrounds.com/fund/bnp-paribas) [Barclays Ventures](https://millionrounds.com/fund/barclays-ventures) [Bank of America](https://millionrounds.com/fund/bank-of-america) [UBS](https://millionrounds.com/fund/ubs) [Hercules Capital](https://millionrounds.com/fund/hercules-capital) [Nomura](https://millionrounds.com/fund/nomura) [State Street Corporation](https://millionrounds.com/fund/state-street-corporation) [Tradeweb](https://millionrounds.com/fund/tradeweb) [Pinegrove Venture Partners](https://millionrounds.com/fund/pinegrove-venture-partners) [First Citizens Innovation Banking](https://millionrounds.com/fund/first-citizens-innovation-banking) Reported by AlleyWatch and 1 other
- **Aug 2025** Venture **$36M** *3 new* *3 returning* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Index Ventures](https://millionrounds.com/fund/index-ventures) [Citibank](https://millionrounds.com/fund/citi) [Spark Capital](https://millionrounds.com/fund/spark-capital) [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) Source recorded
- **Nov 2019** Round **$40M** *3 new* *2 returning* [Spark Capital](https://millionrounds.com/fund/spark-capital) Lead [SVB Capital](https://millionrounds.com/fund/svb-capital-2) Lead [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Index Ventures](https://millionrounds.com/fund/index-ventures) S Capital Reported by Privateequitywire
- **Mar 2018** Seed **$29M** *2 new* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Index Ventures](https://millionrounds.com/fund/index-ventures) Reported by Indexventures SEC filing: $626K sold, first sale Sept 2017

## Founders and team

From Capitolis's own website and the SEC filings it signed: 2 founders, 10 on the team.

**Gil Mandelzis** CEO & Founder *Named on its 2017 Form D*

**Tom Glocer** Executive Chairman & Co-Founder *Named on its 2017 Form D*

- **Okan Pekin** President
- **Amol Naik** Chief Operating Officer
- **Ashwath Bhat** Chief Financial Officer
- **Hen Lotan** Chief Strategy Officer
- **Jen Vanderwall** Chief People & Culture Officer
- **Murugan Manickam** Chief Technology Officer
- **Brian Zilberfarb** VP, Head of Marketing
- **Jon Gizzie** Head of Financial Resource Management
- **Mary Messer** Global Head of Sales
- **Stu Wexler** General Counsel

On the board, as filed i *Haim Sadger*

## 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.

**Seed** 2018 **Round** 2019 **Venture** 2025 **Series E** 2026 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Index Ventures](https://millionrounds.com/fund/index-ventures) [Citibank](https://millionrounds.com/fund/citi) L [Spark Capital](https://millionrounds.com/fund/spark-capital) L [SVB Capital](https://millionrounds.com/fund/svb-capital-2) L [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [JP Morgan](https://millionrounds.com/fund/jpmorgan) [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) [BNP Paribas](https://millionrounds.com/fund/bnp-paribas) [Barclays Ventures](https://millionrounds.com/fund/barclays-ventures)

## Everyone who backed them

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **3** rounds

[Index Ventures](https://millionrounds.com/fund/index-ventures) VC firm **3** rounds

[Citibank](https://millionrounds.com/fund/citi) Growth equity **2** rounds, led 1

[Spark Capital](https://millionrounds.com/fund/spark-capital) VC firm **2** rounds, led 1

[SVB Capital](https://millionrounds.com/fund/svb-capital-2) Growth equity **1** round, led 1

[Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **1** round

[JP Morgan](https://millionrounds.com/fund/jpmorgan) Investment bank **1** round

[Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) Private equity **1** round

[BNP Paribas](https://millionrounds.com/fund/bnp-paribas) VC firm **1** round

[Barclays Ventures](https://millionrounds.com/fund/barclays-ventures) Corporate VC **1** round

[Bank of America](https://millionrounds.com/fund/bank-of-america) Company **1** round

[UBS](https://millionrounds.com/fund/ubs) Wealth manager **1** round

[Hercules Capital](https://millionrounds.com/fund/hercules-capital) Venture debt **1** round

[Nomura](https://millionrounds.com/fund/nomura) Hedge fund **1** round

[State Street Corporation](https://millionrounds.com/fund/state-street-corporation) Corporate VC **1** round

[Tradeweb](https://millionrounds.com/fund/tradeweb) Growth equity **1** round

[Pinegrove Venture Partners](https://millionrounds.com/fund/pinegrove-venture-partners) Growth equity **1** round

[First Citizens Innovation Banking](https://millionrounds.com/fund/first-citizens-innovation-banking) Growth equity **1** round

S 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=capitolis).

## Quick answers about Capitolis

### Who invested in Capitolis?

Capitolis's investors include Sequoia Capital, Index Ventures, Citibank, Spark Capital and SVB Capital, and 14 more on record. Citibank led its latest round.

### How much has Capitolis raised?

Capitolis has raised $225M across 4 rounds since 2018.

### When did Capitolis last raise?

Capitolis's most recent round was a Series E of $120M in Oct 2026, led by Citibank.

### What was Capitolis's biggest round?

Its most recent round, $120M in Oct 2026, is also its largest on record.

### Who backed Capitolis first?

Capitolis's first round on record, in Mar 2018, was backed by Sequoia Capital and Index Ventures.

### What stage is Capitolis at?

Capitolis's latest named round is a Series E, in Oct 2026.

### Where is Capitolis based?

Capitolis is based in the United States.

### Who led Capitolis's rounds?

Spark Capital led the Undisclosed round in 2019; Citibank led the Series E in 2026.

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