# Dragos funding: rounds and investors > Dragos has raised $112M across 3 rounds since 2016. Investors include Canaan, BlackRock and National Grid. Every round with its source. Source: https://millionrounds.com/company/dragos (Millionrounds; every figure on the page links to its filing or article) United States · [Series D startup](https://millionrounds.com/companies) # Who invested in *Dragos* 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. Cybersecurity Valuation: $1.7B, Mar 2026 Funding summary Updated 26 Oct 2026 **$112M** raised across 3 rounds since 2016, from 3 sources **$1.2M** Seed **$37M** Series B **$74M** Series D - **Latest round:** Series D, $74M Sept 2023 - **Step-up i:** 2× - **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. 2017 2018 2019 2020 2021 2022 2023 **$1.2M** Seed **$37M** Series B **$74M** Series D - **First round:** Seed, $1.2M - **Biggest round:** $74M - **Usual gap between rounds:** 4.8 years ## The rounds - **Sept 2023** Series D **$74M** *2 new* [Canaan](https://millionrounds.com/fund/canaan-partners) [BlackRock](https://millionrounds.com/fund/blackrock) Source recorded - **Nov 2018** Series B **$37M** *3 new* [National Grid](https://millionrounds.com/fund/national-grid-partners) [Schweitzer Engineering Laboratories](https://millionrounds.com/fund/schweitzer-engineering-laboratories) Canaan/ Emerson Reported by FinSMEs SEC filing: $30M sold, first sale Oct 2018 - **Aug 2016** Seed **$1.2M** *1 new* [DataTribe](https://millionrounds.com/fund/datatribe) Reported by FinSMEs SEC filing: $1.2M sold, first sale Sept 2016 ## Founders and team From Dragos's own website: 11 on the team. - **Kurt Gaudette** Senior Vice President of Intelligence and Services - **Robert M. Lee** Chairman & CEO - **Ben Miller** Chief Information Security Officer (CISO) - **Dawn Mitchell** Chief People Officer - **Eric Cross** Chief Revenue Officer - **Jodi Schatz** Chief Product Officer - **Jon Lavender** Chief Technology Officer - **Justin Cavinee** Chief Data Scientist - **Mark Matheos** Chief Financial Officer - **Christopher Winters** General Counsel - **Julie Albright** General Manager of runZero ## 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** 2016 **Series B** 2018 **Series D** 2023 [Canaan](https://millionrounds.com/fund/canaan-partners) [BlackRock](https://millionrounds.com/fund/blackrock) [National Grid](https://millionrounds.com/fund/national-grid-partners) [DataTribe](https://millionrounds.com/fund/datatribe) [Schweitzer Engineering Laboratories](https://millionrounds.com/fund/schweitzer-engineering-laboratories) Canaan/ Emerson ## Everyone who backed them [Canaan](https://millionrounds.com/fund/canaan-partners) VC firm **1** round [BlackRock](https://millionrounds.com/fund/blackrock) Asset manager **1** round [National Grid](https://millionrounds.com/fund/national-grid-partners) VC firm **1** round [DataTribe](https://millionrounds.com/fund/datatribe) VC firm **1** round [Schweitzer Engineering Laboratories](https://millionrounds.com/fund/schweitzer-engineering-laboratories) Corporate VC **1** round Canaan/ Emerson 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=dragos). ## Also claim to have backed them These 6 firms list Dragos 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. [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) VC firm Per its own site [BYU Cougar Capital](https://millionrounds.com/fund/byu-cougar-capital) VC firm Per its own site [Energy Foundry](https://millionrounds.com/fund/energy-foundry) VC firm Per its own site [GRA Venture Fund, LLC](https://millionrounds.com/fund/gra-venture-fund-llc) VC firm Per its own site [Cyber Mentor Fund](https://millionrounds.com/fund/cyber-mentor-fund) VC firm Per its own site [Earth Foundry](https://millionrounds.com/fund/earth-foundry) VC firm Per its own site ## Quick answers about Dragos ### Who invested in Dragos? Dragos's investors include Canaan, BlackRock, National Grid, DataTribe and Schweitzer Engineering Laboratories, and 1 more on record. ### How much has Dragos raised? Dragos has raised $112M across 3 rounds since 2016. ### When did Dragos last raise? Dragos's most recent round was a Series D of $74M in Sept 2023. ### What was Dragos's biggest round? Its most recent round, $74M in Sept 2023, is also its largest on record. ### Who backed Dragos first? Dragos's first round on record, in Aug 2016, was backed by DataTribe. ### What stage is Dragos at? Dragos's latest named round is a Series D, in Sept 2023. ### Where is Dragos based? Dragos is based in the United States. ## Companies like Dragos In the same sector, and raised in the last eighteen months. 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