Sweden · Venture startup

Who invested in Coherence

3 rounds we have observed, with the 9 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.

CloudGaming

Funding summaryUpdated 26 Oct 2026

$11Mraised across 3 rounds since 2019, from 3 sources

$2.5MSeed$8.0MVenture
Latest round
VentureMar 2024
Biggest round
$8.0MVenture · Apr 2022
Investors
9 (1 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.

20202021202220232024
$2.5MSeed$8.0MVenture?Venture
First round
Seed, $2.5M
Nov 2019
Biggest round
$8.0M
Venture · Apr 2022
Usual gap between rounds
2.3 years
the median of 2

The rounds

  1. Mar 2024
    VentureAmount undisclosed5 new

    Source recordedSEC filing: $1.8M sold, first sale Mar 2024

  2. Apr 2022
    Venture$8.0M1 new1 returning

    Source recorded

  3. Nov 2019

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.

Everyone who backed them

Firstminute CapitalVC firm2rounds, led 1
First Round CapitalVC firm1round
FlybridgeVC firm1round
Company VenturesVC firm1round
25madisonAccelerator1round
Sisu Game VenturesVC firm1round
Paul HeydonVC firm1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Coherence

Who invested in Coherence?

Coherence's investors include Firstminute Capital, First Round Capital, Flybridge, Correlation Ventures and Company Ventures, and 4 more on record.

How much has Coherence raised?

Coherence has raised $11M across 3 rounds since 2019. One round did not disclose an amount, so the total is a floor.

When did Coherence last raise?

Coherence's most recent round was a Venture in Mar 2024.

What was Coherence's biggest round?

Coherence's largest round on record is $8.0M (Venture), in Apr 2022.

Who backed Coherence first?

Coherence's first round on record, in Nov 2019, was backed by Firstminute Capital, Sisu Game Ventures and Paul Heydon.

What stage is Coherence at?

Coherence's latest named round is a Venture, in Mar 2024.

Where is Coherence based?

Coherence is based in Sweden.

Who led Coherence's rounds?

Firstminute Capital led the Seed in 2019.

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