# Caruso funding: rounds and investors

> Caruso has raised $13M across 2 rounds since 2024. Investors include Icehouse Ventures, Balmain and GD1. Every round with its source.

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

New Zealand · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Caruso*

2 rounds we have observed, with the 3 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 Fintech Software

Raised 7 months ago

Follow Caruso and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fcaruso)

Funding summary Updated 7 Nov 2026

**$13M** raised across 2 rounds since 2024, from 4 sources

**$3.2M** Seed **$9.3M** Series A

- **Latest round:** Series A, $9.3M Apr 2026
- **Led by:** Icehouse Ventures and GD1
- **Step-up i:** 2.9×
- **Investors:** 3 (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.

2025 2026

**$3.2M** Seed

**$9.3M** Series A

- **First round:** Seed, $3.2M
- **Biggest round:** $9.3M
- **Between rounds:** 16 months

## The rounds

- **Apr 2026** Series A **$9.3M** *1 new* *2 returning* [Icehouse Ventures](https://millionrounds.com/fund/icehouse-ventures) Lead [GD1](https://millionrounds.com/fund/gd1) Lead [Balmain](https://millionrounds.com/fund/balmain) Reported by Startup Daily and 1 other
- **Dec 2024** Seed **$3.2M** *2 new* [Balmain](https://millionrounds.com/fund/balmain) Lead [Icehouse Ventures](https://millionrounds.com/fund/icehouse-ventures) Reported by Startup Daily and 1 other

## 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** 2024 **Series A** 2026 [Icehouse Ventures](https://millionrounds.com/fund/icehouse-ventures) L [Balmain](https://millionrounds.com/fund/balmain) L [GD1](https://millionrounds.com/fund/gd1) L

## Everyone who backed them

[Icehouse Ventures](https://millionrounds.com/fund/icehouse-ventures) VC firm **2** rounds, led 1

[Balmain](https://millionrounds.com/fund/balmain) VC firm **2** rounds, led 1

[GD1](https://millionrounds.com/fund/gd1) VC firm **1** round, led 1

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

## Quick answers about Caruso

### Who invested in Caruso?

Caruso's investors include Icehouse Ventures, Balmain and GD1. Icehouse Ventures led its latest round.

### How much has Caruso raised?

Caruso has raised $13M across 2 rounds since 2024.

### When did Caruso last raise?

Caruso's most recent round was a Series A of $9.3M in Apr 2026, led by Icehouse Ventures.

### What was Caruso's biggest round?

Its most recent round, $9.3M in Apr 2026, is also its largest on record.

### Who backed Caruso first?

Caruso's first round on record, in Dec 2024, was backed by Balmain and Icehouse Ventures.

### What stage is Caruso at?

Caruso's latest named round is a Series A, in Apr 2026.

### Where is Caruso based?

Caruso is based in New Zealand.

### Who led Caruso's rounds?

Balmain led the Seed in 2024; Icehouse Ventures led the Series A in 2026.

## Companies like Caruso

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

[**Qippay** $2.8M · Oct 2026](https://millionrounds.com/company/qippay)[**Hyades** $634K · Jul 2026](https://millionrounds.com/company/hyades)[**DataMasque** $5.6M · Jun 2026](https://millionrounds.com/company/datamasque)[**Harmoney** $164M · May 2026](https://millionrounds.com/company/harmoney)[**Halter** $689M · Mar 2026](https://millionrounds.com/company/halter)[**Polymath** $1.4M · Mar 2026](https://millionrounds.com/company/polymath)

## 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
