# Concentric AI funding: rounds and investors

> Concentric AI has raised $45M across 1 round since 2024. Investors include HarbourVest Partners, Top Tier Capital Partners and Homebrew.

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

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

# Who invested in *Concentric AI*

One round we have observed, with the 8 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.

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Funding summary Updated 5 Nov 2026

**$45M** raised across 1 round since 2024, from 1 source

- **Latest round:** Series B, $45M Oct 2024
- **Led by:** HarbourVest Partners and Top Tier Capital Partners
- **Investors:** 8 (2 led)

See who backed them

## The rounds

- **Oct 2024** Series B **$45M** [HarbourVest Partners](https://millionrounds.com/fund/harbourvest-partners) Lead [Top Tier Capital Partners](https://millionrounds.com/fund/top-tier-capital-partners) Lead [Homebrew](https://millionrounds.com/fund/homebrew) [Citi Ventures](https://millionrounds.com/fund/citi-ventures) [Ballistic Ventures](https://millionrounds.com/fund/ballistic-ventures) [Engineering Capital](https://millionrounds.com/fund/engineering-capital) [Clear Ventures](https://millionrounds.com/fund/clear-ventures) [CyberFuture](https://millionrounds.com/fund/cyberfuture) Reported by TechStartups

## Founders and team

From Concentric AI's own website: 2 founders, 7 on the team.

**Karthik Krishnan** CEO and Co-Founder

**Dr. Madhu Shashanka** Co-Chief Technology Officer and Co-Founder

- **Dhruv Jain** Chief Product Officer
- **Gary Olson** Chief Revenue Officer
- **Lane Sullivan** Chief Information Security and Strategy Officer
- **Uday Srinivasan** Co-Chief Technology Officer
- **Cyrus Tehrani** VP of Marketing
- **Dan Broussard** VP of Channels & Alliances
- **Tejaswi Khansaheb** Head of Financial Planning & Analysis

## Everyone who backed them

[HarbourVest Partners](https://millionrounds.com/fund/harbourvest-partners) Fund of funds **1** round, led 1

[Top Tier Capital Partners](https://millionrounds.com/fund/top-tier-capital-partners) Fund of funds **1** round, led 1

[Homebrew](https://millionrounds.com/fund/homebrew) VC firm **1** round

[Citi Ventures](https://millionrounds.com/fund/citi-ventures) Corporate VC **1** round

[Ballistic Ventures](https://millionrounds.com/fund/ballistic-ventures) VC firm **1** round

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

[Clear Ventures](https://millionrounds.com/fund/clear-ventures) VC firm **1** round

[CyberFuture](https://millionrounds.com/fund/cyberfuture) Micro VC **1** round

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

## Also claim to have backed them

These 2 firms list Concentric AI 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.

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

[TSG](https://millionrounds.com/fund/tsg-2) Angel network Per its own site

## Quick answers about Concentric AI

### Who invested in Concentric AI?

Concentric AI's investors include HarbourVest Partners, Top Tier Capital Partners, Homebrew, Citi Ventures and Ballistic Ventures, and 3 more on record. HarbourVest Partners led its latest round.

### How much has Concentric AI raised?

Concentric AI has raised $45M across 1 round since 2024.

### When did Concentric AI last raise?

Concentric AI's most recent round was a Series B of $45M in Oct 2024, led by HarbourVest Partners.

### What was Concentric AI's biggest round?

Its most recent round, $45M in Oct 2024, is also its largest on record.

### Who backed Concentric AI first?

Concentric AI's first round on record, in Oct 2024, was backed by HarbourVest Partners, Top Tier Capital Partners and Homebrew and 5 others.

### What stage is Concentric AI at?

Concentric AI's latest named round is a Series B, in Oct 2024.

### Where is Concentric AI based?

Concentric AI is based in the United States.

### Who led Concentric AI's rounds?

HarbourVest Partners led the Series B in 2024.

## Companies like Concentric AI

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

[**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**e2e** $8.0M · Nov 2026](https://millionrounds.com/company/e2e)[**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute)

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