Who invested in Demandbase?
Demandbase's investors include Altos Ventures, Adobe Systems, Scale Venture Partners, Sigma Partners and Costanoa Ventures, and 12 more on record.

United States · Funded startup
Funding summaryUpdated 26 Oct 2026
$158Mraised across 7 rounds since 2008, from 7 sources
Each circle is a round, placed by date and sized by amount. The line above is the running total.
Reported by FinSMEsSEC filing: $25M sold, first sale May 2017
From a historical funding recordSEC filing: $30M sold, first sale Jul 2015
From a historical funding record
No investor was named in the report.
From a historical funding recordSEC filing: $15M sold, first sale Mar 2014
Reported by techcrunch.comSEC filing: $14M sold, first sale Mar 2013
Reported by techcrunch.com
From Demandbase's own website and the SEC filings it signed: 2 founders, 9 on the team.
On the board, as filediDavid KarnstedtEdward GilhulyRobert SpinnerSteven Klei
AdvisersSteve Klei
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Demandbase's investors include Altos Ventures, Adobe Systems, Scale Venture Partners, Sigma Partners and Costanoa Ventures, and 12 more on record.
Demandbase has raised $158M across 7 rounds since 2008.
Demandbase's most recent round was an Undisclosed round of $65M in May 2017.
Its most recent round, $65M in May 2017, is also its largest on record.
Demandbase's first round on record, in Aug 2008, was backed by Sigma Partners, Altos Ventures and Adobe Systems.
Demandbase's latest named round is an Undisclosed round, in May 2017.
Demandbase is based in the United States.
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