# Distributed funding: rounds and investors

> Distributed has raised $13M across 3 rounds since 2019. Investors include Fuel Ventures, Entrepreneur First and Borderless Capital. Every round with its source.

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

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

# Who invested in *Distributed*

3 rounds we have observed, with the 6 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

Funding summary Updated 26 Oct 2026

**$13M** raised across 3 rounds since 2019, from 3 sources

**$1.9M** Seed **$9.7M** Series A **$1.5M** Seed

- **Latest round:** Seed, $1.5M Aug 2022
- **Biggest round:** $9.7M Series A · Jun 2022
- **Investors:** 6

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.

2019 2020 2021 2022

**$1.9M** Seed

**$9.7M** Series A

**$1.5M** Seed

- **First round:** Seed, $1.9M
- **Biggest round:** $9.7M
- **Usual gap between rounds:** 3.3 years

## The rounds

- **Aug 2022** Seed **$1.5M** *4 new* [Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first) [Borderless Capital](https://millionrounds.com/fund/borderless-capital) [Big Brain Holdings](https://millionrounds.com/fund/big-brain-holdings) [FunFair Ventures](https://millionrounds.com/fund/funfair-ventures) Source recorded
- **Jun 2022** Series A **$9.7M** *1 new* *1 returning* [Fuel Ventures](https://millionrounds.com/fund/fuel-ventures) [Outrun Ventures](https://millionrounds.com/fund/outrun-ventures) Source recorded
- **Feb 2019** Seed **$1.9M** *1 new* [Fuel Ventures](https://millionrounds.com/fund/fuel-ventures) Reported by FinSMEs

## 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** 2019 **Series A** 2022 **Seed** 2022 [Fuel Ventures](https://millionrounds.com/fund/fuel-ventures) [Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first) [Borderless Capital](https://millionrounds.com/fund/borderless-capital) [Big Brain Holdings](https://millionrounds.com/fund/big-brain-holdings) [Outrun Ventures](https://millionrounds.com/fund/outrun-ventures) [FunFair Ventures](https://millionrounds.com/fund/funfair-ventures)

## Everyone who backed them

[Fuel Ventures](https://millionrounds.com/fund/fuel-ventures) VC firm **2** rounds

[Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first) Accelerator **1** round

[Borderless Capital](https://millionrounds.com/fund/borderless-capital) Accelerator **1** round

[Big Brain Holdings](https://millionrounds.com/fund/big-brain-holdings) VC firm **1** round

[Outrun Ventures](https://millionrounds.com/fund/outrun-ventures) Family office **1** round

[FunFair Ventures](https://millionrounds.com/fund/funfair-ventures) Corporate VC **1** round

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

## Quick answers about Distributed

### Who invested in Distributed?

Distributed's investors include Fuel Ventures, Entrepreneur First, Borderless Capital, Big Brain Holdings and Outrun Ventures, and 1 more on record.

### How much has Distributed raised?

Distributed has raised $13M across 3 rounds since 2019.

### When did Distributed last raise?

Distributed's most recent round was a Seed of $1.5M in Aug 2022.

### What was Distributed's biggest round?

Distributed's largest round on record is $9.7M (Series A), in Jun 2022.

### Who backed Distributed first?

Distributed's first round on record, in Feb 2019, was backed by Fuel Ventures.

### What stage is Distributed at?

Distributed's latest named round is a Seed, in Aug 2022.

### Where is Distributed based?

Distributed is based in the United Kingdom.

## Companies like Distributed

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)[**Depop** $351M · Jun 2026](https://millionrounds.com/company/depop)[**what3words** $35M · Jun 2026](https://millionrounds.com/company/what3words)[**Infrawatch** $3.0M · May 2026](https://millionrounds.com/company/infrawatch)

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