United States · Series B startup

Who invested in Descartes Labs

4 rounds we have observed, with the 12 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.

Aerospace & SpaceAIEducation

Funding summaryUpdated 26 Oct 2026

$55Mraised across 4 rounds since 2015, from 4 sources

$5.0MSeries A$30MSeries B$20MSeries B
Latest round
Series B, $20MOct 2019
Led by
Union Grove Venture Partners
Biggest round
$30MSeries B · Aug 2017
Investors
12 (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.

2016201720182019
?Venture$5.0MSeries A$30MSeries B$20MSeries B
First round
Venture
May 2015
Biggest round
$30M
Series B · Aug 2017
Usual gap between rounds
21 months
the median of 3

The rounds

  1. Oct 2019
    Series B$20M3 new2 returning

    Reported by FinSMEsSEC filing: $20M sold, first sale Aug 2019

  2. Aug 2017
    Series B$30M2 new1 returning

    Reported by FinSMEsSEC filing: $30M sold, first sale Aug 2017

  3. Nov 2015
  4. May 2015
    VentureAmount undisclosed2 new

    From a historical funding record

Founders and team

From the SEC filings it signed: 1 on the team.

  • Mark JohnsonExecutive Officer, Director, Promoteri

On the board, as filediAndrew ZiolkowskiEric ChinJames MontgomerySuzanne McBride

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

DCVCVC firm2rounds
Crosslink CapitalVC firm2rounds
Cultivian SandboxVC firm2rounds
Union Grove Venture PartnersPrivate equity1round, led 1
TenOneTen VenturesVC firm1round
March CapitalVC firm1round
CargillVC firm1round
March Capital/ Crosslinkno record of our own yet1round

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

Also claim to have backed them

This firm lists Descartes Labs 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.

Sun Mountain CapitalPrivate equityPer its own site

Quick answers about Descartes Labs

Who invested in Descartes Labs?

Descartes Labs's investors include DCVC, Crosslink Capital, Cultivian Sandbox, Union Grove Venture Partners and Correlation Ventures, and 7 more on record. Union Grove Venture Partners led its latest round.

How much has Descartes Labs raised?

Descartes Labs has raised $55M across 4 rounds since 2015. One round did not disclose an amount, so the total is a floor.

When did Descartes Labs last raise?

Descartes Labs's most recent round was a Series B of $20M in Oct 2019, led by Union Grove Venture Partners.

What was Descartes Labs's biggest round?

Descartes Labs's largest round on record is $30M (Series B), in Aug 2017.

Who backed Descartes Labs first?

Descartes Labs's first round on record, in May 2015, was backed by Expansion Venture Capital and Venky Harinarayan.

What stage is Descartes Labs at?

Descartes Labs's latest named round is a Series B, in Oct 2019.

Where is Descartes Labs based?

Descartes Labs is based in the United States.

Who led Descartes Labs's rounds?

Union Grove Venture Partners led the Series B in 2019.

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