# Cushion funding: rounds and investors

> Cushion has raised $12M across 1 round since 2022. Investors include 500 Global, Citibank and Afore Capital. Every round with its source.

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

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

# Who invested in *Cushion*

One round we have observed, with the 6 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.

AI

Funding summary Updated 26 Oct 2026

**$12M** raised across 1 round since 2022, from 1 source

- **Latest round:** Series A, $12M May 2022
- **Investors:** 6

See who backed them

## The rounds

- **May 2022** Series A **$12M** [500 Global](https://millionrounds.com/fund/500-startups) [Citibank](https://millionrounds.com/fund/citi) [Afore Capital](https://millionrounds.com/fund/afore-capital) [Flourish Ventures](https://millionrounds.com/fund/flourish-ventures-2) [Four Cities Capital](https://millionrounds.com/fund/four-cities-capital) [9Yards Capital](https://millionrounds.com/fund/9yards-capital) Source recorded SEC filing: $17M sold, first sale Apr 2022

## Founders and team

From Cushion's own website and the SEC filings it signed: 1 founder, 2 on the team.

**Paul Kesserwani** Founder & CEO

- **Ivan Balepin** CTO
- **Jonathan Hallman** Executive Officer, Director i

## Everyone who backed them

[500 Global](https://millionrounds.com/fund/500-startups) Angel **1** round

[Citibank](https://millionrounds.com/fund/citi) Growth equity **1** round

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

[Flourish Ventures](https://millionrounds.com/fund/flourish-ventures-2) VC firm **1** round

[Four Cities Capital](https://millionrounds.com/fund/four-cities-capital) VC firm **1** round

[9Yards Capital](https://millionrounds.com/fund/9yards-capital) VC firm **1** round

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

## Also claim to have backed them

These 2 firms list Cushion 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.

[Green Cow Venture Capital](https://millionrounds.com/fund/green-cow-venture-capital) VC firm Per its own site

[Catapult](https://millionrounds.com/fund/catapult-vc) VC firm Per its own site

## Quick answers about Cushion

### Who invested in Cushion?

Cushion's investors include 500 Global, Citibank, Afore Capital, Flourish Ventures and Four Cities Capital, and 1 more on record.

### How much has Cushion raised?

Cushion has raised $12M across 1 round since 2022.

### When did Cushion last raise?

Cushion's most recent round was a Series A of $12M in May 2022.

### What was Cushion's biggest round?

Its most recent round, $12M in May 2022, is also its largest on record.

### Who backed Cushion first?

Cushion's first round on record, in May 2022, was backed by 500 Global, Citibank and Afore Capital and 3 others.

### What stage is Cushion at?

Cushion's latest named round is a Series A, in May 2022.

### Where is Cushion based?

Cushion is based in the United States.

## Companies like Cushion

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)

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