# Causal funding: rounds and investors

> Causal has raised $20M across 1 round since 2022. Investors include Bossa Invest, Coatue and Flex Capital. Every round with its source.

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

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

# Who invested in *Causal*

One round we have observed, with the 4 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Professional Services

Funding summary Updated 26 Oct 2026

**$20M** raised across 1 round since 2022, from 1 source

- **Latest round:** Series A, $20M Mar 2022
- **Investors:** 4

See who backed them

## The rounds

- **Mar 2022** Series A **$20M** [Bossa Invest](https://millionrounds.com/fund/bossa-invest) [Coatue](https://millionrounds.com/fund/coatue-management) [Flex Capital](https://millionrounds.com/fund/flex-capital) [Passion Capital](https://millionrounds.com/fund/passion-capital) Also list them on their own site [Yash Godiwala](https://millionrounds.com/fund/yash-godiwala) Source recorded

## Founders and team

From Causal's own website: 5 on the team.

- **Elias Apel** Chief Executive Officer
- **Alistair Gurney** Chief Financial Officer
- **Elena Aubell** Chief People Officer
- **Joris van Leeuwen** Chief Revenue Officer
- **Kevin Smith** Chief Technology Officer

## Everyone who backed them

[Bossa Invest](https://millionrounds.com/fund/bossa-invest) VC firm **1** round

[Coatue](https://millionrounds.com/fund/coatue-management) VC firm **1** round

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

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

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

## Also claim to have backed them

These 2 firms list Causal 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.

[Derrick Li](https://millionrounds.com/fund/derrick-li) Angel Per its own site

[Yash Godiwala](https://millionrounds.com/fund/yash-godiwala) Angel Series A, per its site

## Quick answers about Causal

### Who invested in Causal?

Causal's investors include Bossa Invest, Coatue, Flex Capital and Passion Capital.

### How much has Causal raised?

Causal has raised $20M across 1 round since 2022.

### When did Causal last raise?

Causal's most recent round was a Series A of $20M in Mar 2022.

### What was Causal's biggest round?

Its most recent round, $20M in Mar 2022, is also its largest on record.

### Who backed Causal first?

Causal's first round on record, in Mar 2022, was backed by Bossa Invest, Coatue and Flex Capital and 1 others.

### What stage is Causal at?

Causal's latest named round is a Series A, in Mar 2022.

### Where is Causal based?

Causal is based in the United Kingdom.

## Companies like Causal

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

[**Caroo** $2.3M · Sept 2026](https://millionrounds.com/company/caroo)[**55/Redefined** $5.2M · Aug 2026](https://millionrounds.com/company/55-redefined)[**BE Design** Aug 2026](https://millionrounds.com/company/be-design)[**Rokker** $154K · Aug 2026](https://millionrounds.com/company/rokker)[**Armalytix** $4.7M · Jul 2026](https://millionrounds.com/company/armalytix)[**Fairgrove Partners** $298K · Jul 2026](https://millionrounds.com/company/fairgrove-partners)

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