# Carbon38 funding: rounds and investors > Carbon38 has raised $16M across 3 rounds since 2014. Investors include Gaingels, Montage Ventures and Halogen Ventures. Every round with its source. Source: https://millionrounds.com/company/carbon38 (Millionrounds; every figure on the page links to its filing or article) United States · [Venture startup](https://millionrounds.com/companies) # Who invested in *Carbon38* 3 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. E-commerce Internet Funding summary Updated 26 Oct 2026 **$16M** raised across 3 rounds since 2014, from 3 sources **$1.0M** Round **$15M** Round - **Latest round:** Venture Aug 2020 - **Biggest round:** $15M Round · Jan 2018 - **Investors:** 5 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. 2014 2015 2016 2017 2018 2019 2020 **$1.0M** Round **$15M** Round **?** Venture - **First round:** Round, $1.0M - **Biggest round:** $15M - **Usual gap between rounds:** 3.8 years ## The rounds - **Aug 2020** Venture **Amount undisclosed** *3 new* [Gaingels](https://millionrounds.com/fund/gaingels) [Montage Ventures](https://millionrounds.com/fund/montage-ventures) [Halogen Ventures](https://millionrounds.com/fund/halogen-ventures) Source recorded - **Jan 2018** Round **$15M** *1 new* [Foot Locker](https://millionrounds.com/fund/foot-locker) Reported by FinSMEs - **Apr 2014** Round **$1.0M** *1 new* [Brendan Wallace](https://millionrounds.com/fund/brendan-wallace) From a historical funding record ## 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** 2014 **Round** 2018 **Venture** 2020 [Gaingels](https://millionrounds.com/fund/gaingels) [Montage Ventures](https://millionrounds.com/fund/montage-ventures) [Halogen Ventures](https://millionrounds.com/fund/halogen-ventures) [Brendan Wallace](https://millionrounds.com/fund/brendan-wallace) [Foot Locker](https://millionrounds.com/fund/foot-locker) ## Everyone who backed them [Gaingels](https://millionrounds.com/fund/gaingels) Private equity **1** round [Montage Ventures](https://millionrounds.com/fund/montage-ventures) VC firm **1** round [Halogen Ventures](https://millionrounds.com/fund/halogen-ventures) VC firm **1** round [Brendan Wallace](https://millionrounds.com/fund/brendan-wallace) Angel **1** round [Foot Locker](https://millionrounds.com/fund/foot-locker) Corporate VC **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=carbon38). ## Also claim to have backed them These 2 firms list Carbon38 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. [J Heart Ventures](https://millionrounds.com/fund/j-heart-ventures-2) VC firm Per its own site [Moodoos Investments](https://millionrounds.com/fund/moodoos-investments) Family office Per its own site ## Quick answers about Carbon38 ### Who invested in Carbon38? Carbon38's investors include Gaingels, Montage Ventures, Halogen Ventures, Brendan Wallace and Foot Locker. ### How much has Carbon38 raised? Carbon38 has raised $16M across 3 rounds since 2014. One round did not disclose an amount, so the total is a floor. ### When did Carbon38 last raise? Carbon38's most recent round was a Venture in Aug 2020. ### What was Carbon38's biggest round? Carbon38's largest round on record is $15M (Undisclosed round), in Jan 2018. ### Who backed Carbon38 first? Carbon38's first round on record, in Apr 2014, was backed by Brendan Wallace. ### What stage is Carbon38 at? Carbon38's latest named round is a Venture, in Aug 2020. ### Where is Carbon38 based? Carbon38 is based in the United States. ## Companies like Carbon38 In the same sector, and raised in the last eighteen months. [**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Rosie** $7.0M · Oct 2026](https://millionrounds.com/company/rosie)[**Tolan** $30M · Oct 2026](https://millionrounds.com/company/tolan)[**Welltory** $4.0M · Oct 2026](https://millionrounds.com/company/welltory)[**Stord** $782M · Oct 2026](https://millionrounds.com/company/stord)[**Santé** $23M · Oct 2026](https://millionrounds.com/company/sante) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app