# Depop funding: rounds and investors

> Depop has raised $351M across 19 rounds since 2011. Investors include Balderton Capital, HV Holtzbrinck Ventures and Creandum. Every round with its source.

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

United Kingdom · [Series C startup](https://millionrounds.com/companies)

# Who invested in *Depop*

19 rounds we have observed, with the 17 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.

Internet

Raised 4 months ago

Funding summary Updated 26 Oct 2026

**$351M** raised across 19 rounds since 2011, from 19 sources

**$204K** Seed **$200K** Seed **$267K** Seed **$644K** Seed **$1.0M** Seed **$8.0M** Series A **$20M** Round **$62M** Series C **$9.3M** Round **$9.2M** Round **$19M** Round **$12M** Round **$10M** Round **$7.7M** Round **$22M** Round **$22M** Round **$20M** Round **$128M** Round

- **Latest round:** Round, $128M Jun 2026
- **Step-up i:** 6.3×
- **Investors:** 17 (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.

2011 2013 2015 2017 2019 2021 2023 2025

**$204K** Seed

**$200K** Seed

**$1.0M** Seed

**$8.0M** Series A

**$20M** Round

**$62M** Series C

**$9.3M** Round

**$9.2M** Round

**$22M** Round

**$22M** Round

**$128M** Round

- **First round:** Seed, $204K
- **Biggest round:** $128M
- **Usual gap between rounds:** 4 months

## The rounds

- **Jun 2026** Round **$128M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jan 2026** Round **$20M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Nov 2025** Round **$22M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Aug 2025** Round **$22M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jul 2023** Round **$7.7M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Apr 2023** Round **$10M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Feb 2023** Round **$12M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Dec 2022** Round **$19M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Sept 2022** Round **$9.2M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jun 2022** Round **$9.3M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jun 2019** Series C **$62M** *4 new* *3 returning* [General Atlantic](https://millionrounds.com/fund/general-atlantic) Lead [Balderton Capital](https://millionrounds.com/fund/balderton-capital) [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) [Creandum](https://millionrounds.com/fund/creandum) [HV Holtzbrinck Ventures](https://millionrounds.com/fund/hv-holtzbrinck-ventures) [Sebastian Siemiatkowski](https://millionrounds.com/fund/sebastian-siemiatkowski) [TempoCap](https://millionrounds.com/fund/tempocap) Reported by TechCrunch
- **Jan 2018** Round **$20M** *6 new* *1 returning* [Balderton Capital](https://millionrounds.com/fund/balderton-capital) [Creandum](https://millionrounds.com/fund/creandum) [Octopus](https://millionrounds.com/fund/octopus) [HV Holtzbrinck](https://millionrounds.com/fund/hv-holtzbrinck) [Lumar](https://millionrounds.com/fund/lumar) Red Circle Tempoca Reported by FinSMEs
- **Jan 2015** Series A **$8.0M** *2 returning* [Balderton Capital](https://millionrounds.com/fund/balderton-capital) [HV Holtzbrinck Ventures](https://millionrounds.com/fund/hv-holtzbrinck-ventures) From a historical funding record
- **Oct 2013** Seed **$1.0M** *2 new* [Red Circle Investment](https://millionrounds.com/fund/red-circle-investment) Luca Marzotto Reported by finsmes.com
- **Oct 2012** Seed **$644K** *2 new* [HV Holtzbrinck Ventures](https://millionrounds.com/fund/hv-holtzbrinck-ventures) [Holtzbrinck Ventures](https://millionrounds.com/fund/holtzbrinck-ventures) From a historical funding record
- **Jun 2012** Seed **Amount undisclosed** *1 new* [Nanabianca](https://millionrounds.com/fund/nana-bianca) From a historical funding record
- **Apr 2012** Seed **$200K** No investor was named in the report. From a historical funding record
- **Apr 2012** Seed **$267K** *1 new* [Balderton Capital](https://millionrounds.com/fund/balderton-capital) From a historical funding record
- **Nov 2011** Seed **$204K** *1 new* [H-Farm](https://millionrounds.com/fund/h-farm) From a historical funding record

## Funding filed with regulators

Depop filed 12 raises, $259M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jun 2026 **$128M** UK share allotment
- Jan 2026 **$20M** UK share allotment
- Nov 2025 **$22M** UK share allotment
- Aug 2025 **$22M** UK share allotment
- May 2024 **Amount not stated** UK share allotment
- Jul 2023 **$7.7M** UK share allotment
- Apr 2023 **$10M** UK share allotment
- Feb 2023 **$12M** UK share allotment
- Dec 2022 **$14M** UK share allotment
- Dec 2022 **$4.9M** UK share allotment
- Sept 2022 **$9.2M** UK share allotment
- Jun 2022 **$9.3M** UK share allotment

## 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.

**Round** 2022 **Round** 2023 **Round** 2023 **Round** 2023 **Round** 2025 **Round** 2025 **Round** 2026 **Round** 2026 [Balderton Capital](https://millionrounds.com/fund/balderton-capital) [HV Holtzbrinck Ventures](https://millionrounds.com/fund/hv-holtzbrinck-ventures) [Creandum](https://millionrounds.com/fund/creandum) [General Atlantic](https://millionrounds.com/fund/general-atlantic) [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) [H-Farm](https://millionrounds.com/fund/h-farm) [Holtzbrinck Ventures](https://millionrounds.com/fund/holtzbrinck-ventures) [Nanabianca](https://millionrounds.com/fund/nana-bianca) [Octopus](https://millionrounds.com/fund/octopus) [HV Holtzbrinck](https://millionrounds.com/fund/hv-holtzbrinck)

## Everyone who backed them

[Balderton Capital](https://millionrounds.com/fund/balderton-capital) VC firm **4** rounds

[HV Holtzbrinck Ventures](https://millionrounds.com/fund/hv-holtzbrinck-ventures) Private equity **3** rounds

[Creandum](https://millionrounds.com/fund/creandum) VC firm **2** rounds

[General Atlantic](https://millionrounds.com/fund/general-atlantic) Private equity **1** round, led 1

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

[H-Farm](https://millionrounds.com/fund/h-farm) Corporate VC **1** round

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

[Nanabianca](https://millionrounds.com/fund/nana-bianca) Accelerator **1** round

[Octopus](https://millionrounds.com/fund/octopus) Hedge fund **1** round

[HV Holtzbrinck](https://millionrounds.com/fund/hv-holtzbrinck) Investment firm **1** round

[Sebastian Siemiatkowski](https://millionrounds.com/fund/sebastian-siemiatkowski) Angel **1** round

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

[Red Circle Investment](https://millionrounds.com/fund/red-circle-investment) Investment firm **1** round

[Lumar](https://millionrounds.com/fund/lumar) Investment firm **1** round

Luca Marzotto no record of our own yet **1** round

Red Circle no record of our own yet **1** round

Tempoca no record of our own yet **1** round

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

## Also claim to have backed them

These 2 firms list Depop 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.

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

[Seligman Private Equity Select](https://millionrounds.com/fund/seligman-private-equity-select) Private equity Per its own site

## Quick answers about Depop

### Who invested in Depop?

Depop's investors include Balderton Capital, HV Holtzbrinck Ventures, Creandum, General Atlantic and Octopus Ventures, and 12 more on record.

### How much has Depop raised?

Depop has raised $351M across 19 rounds since 2011. One round did not disclose an amount, so the total is a floor.

### When did Depop last raise?

Depop's most recent round, $128M, was in Jun 2026.

### What was Depop's biggest round?

Its most recent round, $128M in Jun 2026, is also its largest on record.

### Who backed Depop first?

Depop's first round on record, in Nov 2011, was backed by H-Farm.

### What stage is Depop at?

Depop's latest named round is a Series C, in Jun 2019.

### Where is Depop based?

Depop is based in the United Kingdom.

### Who led Depop's rounds?

General Atlantic led the Series C in 2019.

## Companies like Depop

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

[**Blackwall** $162M · Oct 2026](https://millionrounds.com/company/blackwall)[**Stasher** $8.3M · Sept 2026](https://millionrounds.com/company/stasher)[**Velocity** $105M · Sept 2026](https://millionrounds.com/company/velocity)[**what3words** $35M · Jun 2026](https://millionrounds.com/company/what3words)[**Infrawatch** $3.0M · May 2026](https://millionrounds.com/company/infrawatch)[**Swoop** $13M · Apr 2026](https://millionrounds.com/company/swoop)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app