# Encircle funding: rounds and investors

> Encircle has raised $1.5M across 1 round since 2022. Investors include FedDev. Every round with its source.

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

Canada · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Encircle*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Enterprise Software

Funding summary Updated 26 Oct 2026

**$1.5M** raised across 1 round since 2022, from 1 source

- **Latest round:** Grant, $1.5M Oct 2022
- **Investors:** 1

See who backed them

## The rounds

- **Oct 2022** Grant **$1.5M** [FedDev](https://millionrounds.com/fund/feddev) Source recorded

## Everyone who backed them

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

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

## Quick answers about Encircle

### Who invested in Encircle?

Encircle's investors include FedDev.

### How much has Encircle raised?

Encircle has raised $1.5M across 1 round since 2022.

### When did Encircle last raise?

Encircle's most recent round was a Grant of $1.5M in Oct 2022.

### What was Encircle's biggest round?

Its most recent round, $1.5M in Oct 2022, is also its largest on record.

### Who backed Encircle first?

Encircle's first round on record, in Oct 2022, was backed by FedDev.

### What stage is Encircle at?

Encircle's latest named round is a Grant, in Oct 2022.

### Where is Encircle based?

Encircle is based in Canada.

## Companies like Encircle

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

[**Cohere** $603M · Aug 2026](https://millionrounds.com/company/cohere)[**Nesto** $302M · Jun 2026](https://millionrounds.com/company/nesto)[**Walter** $3.5M · Jun 2026](https://millionrounds.com/company/walter)[**Novisto** $27M · May 2026](https://millionrounds.com/company/novisto)[**Vena Solutions** $3.0M · Apr 2026](https://millionrounds.com/company/vena-solutions)[**Freedom** Oct 2026](https://millionrounds.com/company/freedom)

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