# EQL funding: rounds and investors

> EQL has raised $44M across 2 rounds since 2022. Investors include Insight Partners and Airtree Ventures. Every round with its source.

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

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

# Who invested in *EQL*

2 rounds we have observed, with the 2 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.

E-commerce

Funding summary Updated 26 Oct 2026

**$44M** raised across 2 rounds since 2022, from 2 sources

**$19M** Seed **$25M** Seed

- **Latest round:** Seed, $19M Apr 2022
- **Biggest round:** $25M Seed · Apr 2022
- **Investors:** 2

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.

2023

**$19M** Seed

**$25M** Seed

- **First round:** Seed, $19M
- **Biggest round:** $25M

[**EQL** E-commerce 1 / 15 Their pitch deck **EQL's pitch deck, 15 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/eql)

## The rounds

- **Apr 2022** Seed **$19M** *2 new* [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [Airtree Ventures](https://millionrounds.com/fund/airtree) Source recorded
- **Apr 2022** Seed **$25M** *2 returning* [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [Airtree Ventures](https://millionrounds.com/fund/airtree) Source recorded

## Founders and team

From EQL's own website: 3 founders, 3 on the team.

**Jason Ward** CEO and Co-founder

**Peter Grinbergs** Chief Medical Officer and Co-founder

**Samantha Medcraft** Head of Operations and Co-founder

- **Bright Boahen** Head of Engineering
- **Michael Guard** Head of Clinical Services
- **Jamie Ornsby** Business and Data Analyst

## 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** 2022 **Seed** 2022 [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [Airtree Ventures](https://millionrounds.com/fund/airtree)

## Everyone who backed them

[Insight Partners](https://millionrounds.com/fund/insight-venture-partners) VC firm **2** rounds

[Airtree Ventures](https://millionrounds.com/fund/airtree) VC firm **2** rounds

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

## Quick answers about EQL

### Who invested in EQL?

EQL's investors include Insight Partners and Airtree Ventures.

### How much has EQL raised?

EQL has raised $44M across 2 rounds since 2022.

### When did EQL last raise?

EQL's most recent round was a Seed of $25M in Apr 2022.

### What was EQL's biggest round?

Its most recent round, $25M in Apr 2022, is also its largest on record.

### Who backed EQL first?

EQL's first round on record, in Apr 2022, was backed by Insight Partners and Airtree Ventures.

### What stage is EQL at?

EQL's latest named round is a Seed, in Apr 2022.

### Where is EQL based?

EQL is based in Australia.

## Companies like EQL

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

[**Nuchev** $2.9M · May 2026](https://millionrounds.com/company/nuchev)[**Normal** $1.1M · Nov 2025](https://millionrounds.com/company/normal)[**Keeyu** $2.3M · Nov 2025](https://millionrounds.com/company/keeyu)[**CoLab** $77M · Nov 2025](https://millionrounds.com/company/colab)[**SKUTOPIA** $25M · Aug 2025](https://millionrounds.com/company/skutopia)[**EloElo** $13M · Oct 2026](https://millionrounds.com/company/eloelo)

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