# Echelon funding: rounds and investors > Echelon has raised $20M across 3 rounds since 2011. Investors include Amber Group, Saison Capital and Ben Horowitz. Every round with its source. Source: https://millionrounds.com/company/echelon (Millionrounds; every figure on the page links to its filing or article) Saudi Arabia · [Funded startup](https://millionrounds.com/companies) # Who invested in *Echelon* 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. AI Govtech Web3 & Crypto Raised 1 month ago Funding summary Updated 26 Oct 2026 **$20M** raised across 3 rounds since 2011, from 3 sources **$16M** Venture **$3.5M** Seed - **Latest round:** Round Oct 2026 - **Biggest round:** $16M Venture · Mar 2011 - **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. 2011 2013 2015 2017 2019 2021 2023 2025 **$16M** Venture **$3.5M** Seed **?** Round - **First round:** Venture, $16M - **Biggest round:** $16M - **Usual gap between rounds:** 13.4 years ## The rounds - **Oct 2026** Round **undisclosed investment round** *4 new* [Ben Horowitz](https://millionrounds.com/fund/ben-horowitz) [Raed Ventures](https://millionrounds.com/fund/raed-ventures) [Avra](https://millionrounds.com/fund/avra) [East40](https://millionrounds.com/fund/east40) Reported by Wamda - **Aug 2024** Seed **$3.5M** *2 new* [Amber Group](https://millionrounds.com/fund/amber-group) [Saison Capital](https://millionrounds.com/fund/saison) Source recorded - **Mar 2011** Venture **$16M** No investor was named in the report. Reported by echelon.com ## 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** 2011 **Seed** 2024 **Round** 2026 [Amber Group](https://millionrounds.com/fund/amber-group) [Saison Capital](https://millionrounds.com/fund/saison) [Ben Horowitz](https://millionrounds.com/fund/ben-horowitz) [Raed Ventures](https://millionrounds.com/fund/raed-ventures) [Avra](https://millionrounds.com/fund/avra) [East40](https://millionrounds.com/fund/east40) ## Everyone who backed them [Amber Group](https://millionrounds.com/fund/amber-group) VC firm **1** round [Saison Capital](https://millionrounds.com/fund/saison) Corporate VC **1** round [Ben Horowitz](https://millionrounds.com/fund/ben-horowitz) VC firm **1** round [Raed Ventures](https://millionrounds.com/fund/raed-ventures) VC firm **1** round [Avra](https://millionrounds.com/fund/avra) VC firm **1** round [East40](https://millionrounds.com/fund/east40) Investment firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=echelon). ## Also claim to have backed them These 2 firms list Echelon 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. [Clymate Studios](https://millionrounds.com/fund/clymate-studios) Venture studio Per its own site [NDB Investment Bank](https://millionrounds.com/fund/ndb-investment-bank) VC firm Per its own site ## Quick answers about Echelon ### Who invested in Echelon? Echelon's investors include Amber Group, Saison Capital, Ben Horowitz, Raed Ventures and Avra, and 1 more on record. ### How much has Echelon raised? Echelon has raised $20M across 3 rounds since 2011. One round did not disclose an amount, so the total is a floor. ### When did Echelon last raise? Echelon's most recent round was an Undisclosed round in Oct 2026. ### What was Echelon's biggest round? Echelon's largest round on record is $16M (Venture), in Mar 2011. ### Who backed Echelon first? Echelon's first round on record, in Aug 2024, was backed by Amber Group and Saison Capital. ### What stage is Echelon at? Echelon's latest named round is an Undisclosed round, in Oct 2026. ### Where is Echelon based? Echelon is based in Saudi Arabia. ## Companies like Echelon In the same sector, and raised in the last eighteen months. [**BRKZ** $48M · Sept 2026](https://millionrounds.com/company/brkz)[**Tabby** $235M · Sept 2026](https://millionrounds.com/company/tabby)[**STV** Sept 2026](https://millionrounds.com/company/stv)[**AILA** $3.0M · Aug 2026](https://millionrounds.com/company/aila)[**Stream** $101M · Jan 2026](https://millionrounds.com/company/stream)[**Ailytics** $7.4M · Oct 2026](https://millionrounds.com/company/ailytics) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app