# Divvy funding: rounds and investors

> Divvy has raised $311M across 5 rounds since 2014. Investors include Andreessen Horowitz, DFJ and Caffeinated Capital. Every round with its source.

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

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Divvy*

5 rounds we have observed, with the 11 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.

Fintech Proptech

Funding summary Updated 26 Oct 2026

**$311M** raised across 5 rounds since 2014, from 5 sources

**$500K** Seed **$7.0M** Round **$11M** Round **$250M** Round **$43M** Series B

- **Latest round:** Series B, $43M Sept 2019
- **Biggest round:** $250M Round · Jan 2019
- **Investors:** 11

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.

2015 2016 2017 2018 2019

**$500K** Seed

**$7.0M** Round

**$11M** Round

**$250M** Round

**$43M** Series B

- **First round:** Seed, $500K
- **Biggest round:** $250M
- **Usual gap between rounds:** 9 months

[**Divvy** Enterprise 1 / 14 Their pitch deck **Divvy's pitch deck, 14 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/divvy)

## The rounds

- **Sept 2019** Series B **$43M** *5 new* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Caffeinated Capital](https://millionrounds.com/fund/caffeinated-capital) [GIC](https://millionrounds.com/fund/gic) [Max Levchin](https://millionrounds.com/fund/max-levchin) [Lennar](https://millionrounds.com/fund/lennar) Reported by FinSMEs
- **Jan 2019** Round **$250M** *1 new* [Waterfall Asset Management](https://millionrounds.com/fund/waterfall-asset-management) Reported by FinSMEs
- **May 2018** Round **$11M** *3 new* [Jeremy Andrus](https://millionrounds.com/fund/jeremy-andrus) [Aaron Skonnard](https://millionrounds.com/fund/aaron-skonnard) Pelion Ventures/ Josh James Reported by FinSMEs
- **Jan 2018** Round **$7.0M** *2 new* [DFJ](https://millionrounds.com/fund/dfj) Caffeinated Capital/ HVF Reported by FinSMEs
- **Jun 2014** Seed **$500K** No investor was named in the report. From a historical funding record

## 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** 2014 **Round** 2018 **Round** 2018 **Round** 2019 **Series B** 2019 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [DFJ](https://millionrounds.com/fund/dfj) [Caffeinated Capital](https://millionrounds.com/fund/caffeinated-capital) [GIC](https://millionrounds.com/fund/gic) [Max Levchin](https://millionrounds.com/fund/max-levchin) [Jeremy Andrus](https://millionrounds.com/fund/jeremy-andrus) [Aaron Skonnard](https://millionrounds.com/fund/aaron-skonnard) [Lennar](https://millionrounds.com/fund/lennar) [Waterfall Asset Management](https://millionrounds.com/fund/waterfall-asset-management) Caffeinated Capital/ HVF

## Everyone who backed them

[Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **1** round

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

[Caffeinated Capital](https://millionrounds.com/fund/caffeinated-capital) VC firm **1** round

[GIC](https://millionrounds.com/fund/gic) Private equity **1** round

[Max Levchin](https://millionrounds.com/fund/max-levchin) VC firm **1** round

[Jeremy Andrus](https://millionrounds.com/fund/jeremy-andrus) Angel **1** round

[Aaron Skonnard](https://millionrounds.com/fund/aaron-skonnard) Angel **1** round

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

[Waterfall Asset Management](https://millionrounds.com/fund/waterfall-asset-management) VC firm **1** round

Caffeinated Capital/ HVF no record of our own yet **1** round

Pelion Ventures/ Josh James 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=divvy).

## Quick answers about Divvy

### Who invested in Divvy?

Divvy's investors include Andreessen Horowitz, DFJ, Caffeinated Capital, GIC and Max Levchin, and 6 more on record.

### How much has Divvy raised?

Divvy has raised $311M across 5 rounds since 2014.

### When did Divvy last raise?

Divvy's most recent round was a Series B of $43M in Sept 2019.

### What was Divvy's biggest round?

Divvy's largest round on record is $250M (Undisclosed round), in Jan 2019.

### Who backed Divvy first?

Divvy's first round on record, in Jan 2018, was backed by DFJ and Caffeinated Capital/ HVF.

### What stage is Divvy at?

Divvy's latest named round is a Series B, in Sept 2019.

### Where is Divvy based?

Divvy is based in the United States.

## Companies like Divvy

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

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**MARC** $5.0M · Oct 2026](https://millionrounds.com/company/marc)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)

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