# Descartes Labs funding: rounds and investors > Descartes Labs has raised $55M across 4 rounds since 2015. Investors include DCVC, Crosslink Capital and Cultivian Sandbox. Every round with its source. Source: https://millionrounds.com/company/descartes-labs (Millionrounds; every figure on the page links to its filing or article) United States · [Series B startup](https://millionrounds.com/companies) # 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 & Space AI Education Funding summary Updated 26 Oct 2026 **$55M** raised across 4 rounds since 2015, from 4 sources **$5.0M** Series A **$30M** Series B **$20M** Series B - **Latest round:** Series B, $20M Oct 2019 - **Led by:** Union Grove Venture Partners - **Biggest round:** $30M Series 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. 2016 2017 2018 2019 **?** Venture **$5.0M** Series A **$30M** Series B **$20M** Series B - **First round:** Venture - **Biggest round:** $30M - **Usual gap between rounds:** 21 months ## The rounds - **Oct 2019** Series B **$20M** *3 new* *2 returning* [Union Grove Venture Partners](https://millionrounds.com/fund/union-grove-venture-partners) Lead [DCVC](https://millionrounds.com/fund/data-collective) [Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) [March Capital](https://millionrounds.com/fund/march-capital) Reported by FinSMEs SEC filing: $20M sold, first sale Aug 2019 - **Aug 2017** Series B **$30M** *2 new* *1 returning* [Cultivian Sandbox](https://millionrounds.com/fund/cultivian-sandbox-ventures) [Cargill](https://millionrounds.com/fund/cargill) March Capital/ Crosslink Reported by FinSMEs SEC filing: $30M sold, first sale Aug 2017 - **Nov 2015** Series A **$5.0M** *5 new* [DCVC](https://millionrounds.com/fund/data-collective) [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) [TenOneTen Ventures](https://millionrounds.com/fund/tenoneten-ventures) [Cultivian Sandbox](https://millionrounds.com/fund/cultivian-sandbox-ventures) [ValueStream Ventures](https://millionrounds.com/fund/valuestream-ventures) From a historical funding record - **May 2015** Venture **Amount undisclosed** *2 new* [Expansion Venture Capital](https://millionrounds.com/fund/expansion-venture-capital) [Venky Harinarayan](https://millionrounds.com/fund/venky-harinarayan) From a historical funding record ## Founders and team From the SEC filings it signed: 1 on the team. - **Mark Johnson** Executive Officer, Director, Promoter i On the board, as filed i *Andrew Ziolkowski* *Eric Chin* *James Montgomery* *Suzanne 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. **Venture** 2015 **Series A** 2015 **Series B** 2017 **Series B** 2019 [DCVC](https://millionrounds.com/fund/data-collective) [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) [Cultivian Sandbox](https://millionrounds.com/fund/cultivian-sandbox-ventures) [Union Grove Venture Partners](https://millionrounds.com/fund/union-grove-venture-partners) L [Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) [TenOneTen Ventures](https://millionrounds.com/fund/tenoneten-ventures) [Expansion Venture Capital](https://millionrounds.com/fund/expansion-venture-capital) [March Capital](https://millionrounds.com/fund/march-capital) [ValueStream Ventures](https://millionrounds.com/fund/valuestream-ventures) [Venky Harinarayan](https://millionrounds.com/fund/venky-harinarayan) ## Everyone who backed them [DCVC](https://millionrounds.com/fund/data-collective) VC firm **2** rounds [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) VC firm **2** rounds [Cultivian Sandbox](https://millionrounds.com/fund/cultivian-sandbox-ventures) VC firm **2** rounds [Union Grove Venture Partners](https://millionrounds.com/fund/union-grove-venture-partners) Private equity **1** round, led 1 [Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) VC firm **1** round [TenOneTen Ventures](https://millionrounds.com/fund/tenoneten-ventures) VC firm **1** round [Expansion Venture Capital](https://millionrounds.com/fund/expansion-venture-capital) VC firm **1** round [March Capital](https://millionrounds.com/fund/march-capital) VC firm **1** round [ValueStream Ventures](https://millionrounds.com/fund/valuestream-ventures) VC firm **1** round [Venky Harinarayan](https://millionrounds.com/fund/venky-harinarayan) Angel **1** round [Cargill](https://millionrounds.com/fund/cargill) VC firm **1** round March Capital/ Crosslink 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=descartes-labs). ## 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 Capital](https://millionrounds.com/fund/sun-mountain-capital) Private equity Per 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. ## Companies like Descartes Labs In the same sector, and raised in the last eighteen months. 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