# Cusmat funding: rounds and investors

> Cusmat has raised $3.5M across 1 round since 2023. Investors include Arkam Ventures, Venture Catalysts and Better Capital. Every round with its source.

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

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

# Who invested in *Cusmat*

One round we have observed, with the 11 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.

Education

Funding summary Updated 26 Oct 2026

**$3.5M** raised across 1 round since 2023, from 2 sources

- **Latest round:** Series A, $3.5M Feb 2023
- **Led by:** Arkam Ventures
- **Investors:** 11 (1 led)

See who backed them

## The rounds

- **Feb 2023** Series A **$3.5M** [Arkam Ventures](https://millionrounds.com/fund/arkam-ventures) Lead [Venture Catalysts](https://millionrounds.com/fund/venture-catalysts-2) [Better Capital](https://millionrounds.com/fund/better-capital) [9Unicorns](https://millionrounds.com/fund/9unicorns) [We Founder Circle](https://millionrounds.com/fund/we-founder-circle-2) [Dholakia Ventures](https://millionrounds.com/fund/dholakia-ventures) [ice.vc](https://millionrounds.com/fund/ice-vc) [Legacy asset LLP](https://millionrounds.com/fund/legacy-asset-llp) [MapmyIndia](https://millionrounds.com/fund/mapmyindia) [Mumbai Angels Network](https://millionrounds.com/fund/mumbai-angels-network) [Unitus Capital](https://millionrounds.com/fund/unitus-capital) Reported by Firms' own news pages and 1 other

## Everyone who backed them

[Arkam Ventures](https://millionrounds.com/fund/arkam-ventures) VC firm **1** round, led 1

[Venture Catalysts](https://millionrounds.com/fund/venture-catalysts-2) VC firm **1** round

[Better Capital](https://millionrounds.com/fund/better-capital) Private equity **1** round

[9Unicorns](https://millionrounds.com/fund/9unicorns) VC firm **1** round

[We Founder Circle](https://millionrounds.com/fund/we-founder-circle-2) Angel network **1** round

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

[ice.vc](https://millionrounds.com/fund/ice-vc) VC firm **1** round

[Legacy asset LLP](https://millionrounds.com/fund/legacy-asset-llp) VC firm **1** round

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

[Mumbai Angels Network](https://millionrounds.com/fund/mumbai-angels-network) VC firm **1** round

[Unitus Capital](https://millionrounds.com/fund/unitus-capital) Investment bank **1** round

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

## Also claim to have backed them

This firm lists Cusmat as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[VSpark DeepTech Ventures](https://millionrounds.com/fund/vspark-deeptech-ventures) Corporate VC Per its own site

## Quick answers about Cusmat

### Who invested in Cusmat?

Cusmat's investors include Arkam Ventures, Venture Catalysts, Better Capital, 9Unicorns and We Founder Circle, and 6 more on record. Arkam Ventures led its latest round.

### How much has Cusmat raised?

Cusmat has raised $3.5M across 1 round since 2023.

### When did Cusmat last raise?

Cusmat's most recent round was a Series A of $3.5M in Feb 2023, led by Arkam Ventures.

### What was Cusmat's biggest round?

Its most recent round, $3.5M in Feb 2023, is also its largest on record.

### Who backed Cusmat first?

Cusmat's first round on record, in Feb 2023, was backed by Arkam Ventures, Venture Catalysts and Better Capital and 8 others.

### What stage is Cusmat at?

Cusmat's latest named round is a Series A, in Feb 2023.

### Who led Cusmat's rounds?

Arkam Ventures led the Series A in 2023.

## Companies like Cusmat

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

[**EduFund** $6.0M · Jul 2025](https://millionrounds.com/company/edufund)[**Intuitivo** $58K · Oct 2026](https://millionrounds.com/company/intuitivo)[**ArtMaster** $3.3M · Oct 2026](https://millionrounds.com/company/artmaster)[**Sharp Performance** $30M · Oct 2026](https://millionrounds.com/company/sharp-performance)[**Mesa School of Business** $16M · Oct 2026](https://millionrounds.com/company/mesa-school-of-business)[**Clasp** $28M · Oct 2026](https://millionrounds.com/company/clasp)

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