United States · Series B startup

Who invested in Deduce

2 rounds we have observed, with the 5 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.

Big Data & AnalyticsCybersecurity

Funding summaryUpdated 26 Oct 2026

$9.0Mraised across 2 rounds since 2021, from 2 sources

Latest round
Series B, $9.0MSept 2023
Investors
5 (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.

20222023
?Series A$9.0MSeries B
First round
Series A
Jun 2021
Biggest round
$9.0M
Series B · Sept 2023
Between rounds
2.2 years
from the last two

The rounds

  1. Sept 2023
    Series B$9.0M3 new2 returning

    Source recorded

  2. Jun 2021
    Series AAmount undisclosed2 new

    Reported by Foundry Group

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

Foundry GroupVC firm2rounds, led 1
True VenturesVC firm2rounds
Bossa InvestVC firm1round
Ridge VenturesVC firm1round
Flex CapitalVC firm1round

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

Also claim to have backed them

These 3 firms list Deduce 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.

Cyber Mentor FundVC firmPer its own site
Innovating CapitalVC firmPer its own site
Seed SmartAngel networkPer its own site

Quick answers about Deduce

Who invested in Deduce?

Deduce's investors include Foundry Group, True Ventures, Bossa Invest, Ridge Ventures and Flex Capital.

How much has Deduce raised?

Deduce has raised $9.0M across 2 rounds since 2021. One round did not disclose an amount, so the total is a floor.

When did Deduce last raise?

Deduce's most recent round was a Series B of $9.0M in Sept 2023.

What was Deduce's biggest round?

Its most recent round, $9.0M in Sept 2023, is also its largest on record.

Who backed Deduce first?

Deduce's first round on record, in Jun 2021, was backed by Foundry Group and True Ventures.

What stage is Deduce at?

Deduce's latest named round is a Series B, in Sept 2023.

Where is Deduce based?

Deduce is based in the United States.

Who led Deduce's rounds?

Foundry Group led the Series A in 2021.

Companies like Deduce

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

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