# Directly funding: rounds and investors > Directly has raised $33M across 4 rounds since 2011. Investors include True Ventures, CrunchFund and Costanoa Ventures. Every round with its source. Source: https://millionrounds.com/company/directly (Millionrounds; every figure on the page links to its filing or article) United States · [Series B startup](https://millionrounds.com/companies) # Who invested in *Directly* 4 rounds we have observed, with the 7 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. AI Internet Funding summary Updated 26 Oct 2026 **$33M** raised across 4 rounds since 2011, from 4 sources **$1.3M** Seed **$1.8M** Seed **$10M** Series A **$20M** Series B - **Latest round:** Series B, $20M Apr 2018 - **Step-up i:** 2× - **Investors:** 7 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 2012 2013 2014 2015 2016 2017 2018 **$1.3M** Seed **$1.8M** Seed **$10M** Series A **$20M** Series B - **First round:** Seed, $1.3M - **Biggest round:** $20M - **Usual gap between rounds:** 2.3 years ## The rounds - **Apr 2018** Series B **$20M** *3 new* [True.](https://millionrounds.com/fund/true) [Costanoa](https://millionrounds.com/fund/costanoa) Northgate Capital/ Microsoft Reported by FinSMEs - **May 2015** Series A **$10M** *1 new* *1 returning* [True Ventures](https://millionrounds.com/fund/true-ventures-2) [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) From a historical funding record - **Aug 2013** Seed **$1.8M** *1 new* *1 returning* [True Ventures](https://millionrounds.com/fund/true-ventures-2) [CrunchFund](https://millionrounds.com/fund/crunchfund-3) Reported by techcrunch.com - **Apr 2011** Seed **$1.3M** *2 new* [True Ventures](https://millionrounds.com/fund/true-ventures-2) [Gil Penchina](https://millionrounds.com/fund/gil-penchina) From a historical funding record ## Founders and team From the SEC filings it signed: 2 on the team. - **Antony Brydon** Executive Officer, Director i - **Jeff Patterson** Executive Officer, Director i On the board, as filed i *Greg Sands* ## 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. **Seed** 2011 **Seed** 2013 **Series A** 2015 **Series B** 2018 [True Ventures](https://millionrounds.com/fund/true-ventures-2) [CrunchFund](https://millionrounds.com/fund/crunchfund-3) [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) [True.](https://millionrounds.com/fund/true) [Gil Penchina](https://millionrounds.com/fund/gil-penchina) [Costanoa](https://millionrounds.com/fund/costanoa) Northgate Capital/ Microsoft ## Everyone who backed them [True Ventures](https://millionrounds.com/fund/true-ventures-2) VC firm **3** rounds [CrunchFund](https://millionrounds.com/fund/crunchfund-3) VC firm **1** round [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) VC firm **1** round [True.](https://millionrounds.com/fund/true) VC firm **1** round [Gil Penchina](https://millionrounds.com/fund/gil-penchina) VC firm **1** round [Costanoa](https://millionrounds.com/fund/costanoa) VC firm **1** round Northgate Capital/ Microsoft 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=directly). ## Also claim to have backed them These 3 firms list Directly 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. [M12](https://millionrounds.com/fund/m12) Corporate VC Per its own site [UpHonest Capital](https://millionrounds.com/fund/uphonest-capital) VC firm Per its own site [Acadia Ventures](https://millionrounds.com/fund/acadia-ventures) VC firm Per its own site ## Quick answers about Directly ### Who invested in Directly? Directly's investors include True Ventures, CrunchFund, Costanoa Ventures, True. and Gil Penchina, and 2 more on record. ### How much has Directly raised? Directly has raised $33M across 4 rounds since 2011. ### When did Directly last raise? Directly's most recent round was a Series B of $20M in Apr 2018. ### What was Directly's biggest round? Its most recent round, $20M in Apr 2018, is also its largest on record. ### Who backed Directly first? Directly's first round on record, in Apr 2011, was backed by True Ventures and Gil Penchina. ### What stage is Directly at? Directly's latest named round is a Series B, in Apr 2018. ### Where is Directly based? Directly is based in the United States. ## Companies like Directly In the same sector, and raised in the last eighteen months. 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