# Catalyte funding: rounds and investors

> Catalyte has raised $29M across 2 rounds since 2018. Investors include Palm Drive Capital, K5 Global and Drive Capital. Every round with its source.

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

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

# Who invested in *Catalyte*

2 rounds we have observed, with the 7 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

Funding summary Updated 26 Oct 2026

**$29M** raised across 2 rounds since 2018, from 2 sources

**$27M** Series A **$1.5M** Series A

- **Latest round:** Series A, $1.5M Sept 2023
- **Biggest round:** $27M Series A · Feb 2018
- **Investors:** 7

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 2019 2020 2021 2022 2023

**$27M** Series A

**$1.5M** Series A

- **First round:** Series A, $27M
- **Biggest round:** $27M
- **Between rounds:** 5.6 years

## The rounds

- **Sept 2023** Series A **$1.5M** *3 new* *1 returning* [K5 Global](https://millionrounds.com/fund/k5-global) [Drive Capital](https://millionrounds.com/fund/drive-capital) [MaC Venture Capital](https://millionrounds.com/fund/mac-venture-capital) [Palm Drive Capital](https://millionrounds.com/fund/palm-drive-capital) Source recorded SEC filing: $1.5M sold, first sale Jun 2023
- **Feb 2018** Series A **$27M** *4 new* [Palm Drive Capital](https://millionrounds.com/fund/palm-drive-capital) [Cross Culture Ventures](https://millionrounds.com/fund/cross-culture-ventures) [Rise of the Rest](https://millionrounds.com/fund/rise-of-the-rest) Expon Reported by FinSMEs

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Lillian Meyer** Executive Officer i
- **Matthew Derella** Executive Officer, Director i

On the board, as filed i *Donald Tang* *Gregory Heard* *Hendrick Lee* *Jacob Hsu* *Michael Rosenbaum* *Sarah Levy* *Sheila Marcelo*

## 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 **Series A** 2023 [Palm Drive Capital](https://millionrounds.com/fund/palm-drive-capital) [K5 Global](https://millionrounds.com/fund/k5-global) [Drive Capital](https://millionrounds.com/fund/drive-capital) [MaC Venture Capital](https://millionrounds.com/fund/mac-venture-capital) [Cross Culture Ventures](https://millionrounds.com/fund/cross-culture-ventures) [Rise of the Rest](https://millionrounds.com/fund/rise-of-the-rest) Expon

## Everyone who backed them

[Palm Drive Capital](https://millionrounds.com/fund/palm-drive-capital) VC firm **2** rounds

[K5 Global](https://millionrounds.com/fund/k5-global) Private equity **1** round

[Drive Capital](https://millionrounds.com/fund/drive-capital) VC firm **1** round

[MaC Venture Capital](https://millionrounds.com/fund/mac-venture-capital) VC firm **1** round

[Cross Culture Ventures](https://millionrounds.com/fund/cross-culture-ventures) VC firm **1** round

[Rise of the Rest](https://millionrounds.com/fund/rise-of-the-rest) VC firm **1** round

Expon 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=catalyte).

## Also claim to have backed them

These 3 firms list Catalyte 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.

[Muse Capital](https://millionrounds.com/fund/muse-capital) VC firm Per its own site

[Leaf Ventures](https://millionrounds.com/fund/leaf-ventures) VC firm Per its own site

[Rotor Capital](https://millionrounds.com/fund/rotor-capital) VC firm Per its own site

## Quick answers about Catalyte

### Who invested in Catalyte?

Catalyte's investors include Palm Drive Capital, K5 Global, Drive Capital, MaC Venture Capital and Cross Culture Ventures, and 2 more on record.

### How much has Catalyte raised?

Catalyte has raised $29M across 2 rounds since 2018.

### When did Catalyte last raise?

Catalyte's most recent round was a Series A of $1.5M in Sept 2023.

### What was Catalyte's biggest round?

Catalyte's largest round on record is $27M (Series A), in Feb 2018.

### Who backed Catalyte first?

Catalyte's first round on record, in Feb 2018, was backed by Palm Drive Capital, Cross Culture Ventures and Rise of the Rest and 1 others.

### What stage is Catalyte at?

Catalyte's latest named round is a Series A, in Sept 2023.

### Where is Catalyte based?

Catalyte is based in the United States.

## Companies like Catalyte

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

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

## Find investors like these

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