# EYL funding: rounds and investors

> EYL has raised $8.6M across 2 rounds since 2020. Investors include MassChallenge and Shinhan Venture Investment. Every round with its source.

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

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

# Who invested in *EYL*

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.

IT Services

Funding summary Updated 26 Oct 2026

**$8.6M** raised across 2 rounds since 2020, from 2 sources

**$2.9M** Series A **$5.7M** Series A

- **Latest round:** Series A, $5.7M May 2025
- **Step-up i:** 2×
- **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.

2021 2022 2023 2024 2025

**$2.9M** Series A

**$5.7M** Series A

- **First round:** Series A, $2.9M
- **Biggest round:** $5.7M
- **Between rounds:** 4.8 years

## The rounds

- **May 2025** Series A **$5.7M** *1 new* *1 returning* [MassChallenge](https://millionrounds.com/fund/masschallenge) [Shinhan Venture Investment](https://millionrounds.com/fund/shinhan-venture-investment) Source recorded
- **Aug 2020** Series A **$2.9M** *1 new* [MassChallenge](https://millionrounds.com/fund/masschallenge) Source recorded

## 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.

**Series A** 2020 **Series A** 2025 [MassChallenge](https://millionrounds.com/fund/masschallenge) [Shinhan Venture Investment](https://millionrounds.com/fund/shinhan-venture-investment)

## Everyone who backed them

[MassChallenge](https://millionrounds.com/fund/masschallenge) Accelerator **2** rounds

[Shinhan Venture Investment](https://millionrounds.com/fund/shinhan-venture-investment) VC firm **1** round

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

## Quick answers about EYL

### Who invested in EYL?

EYL's investors include MassChallenge and Shinhan Venture Investment.

### How much has EYL raised?

EYL has raised $8.6M across 2 rounds since 2020.

### When did EYL last raise?

EYL's most recent round was a Series A of $5.7M in May 2025.

### What was EYL's biggest round?

Its most recent round, $5.7M in May 2025, is also its largest on record.

### Who backed EYL first?

EYL's first round on record, in Aug 2020, was backed by MassChallenge.

### What stage is EYL at?

EYL's latest named round is a Series A, in May 2025.

### Where is EYL based?

EYL is based in the United States.

## Companies like EYL

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

[**Chariot Claims** $23M · Oct 2026](https://millionrounds.com/company/chariot-claims)[**Subeca** $9.0M · Oct 2026](https://millionrounds.com/company/subeca)[**FlexCompute** $53M · Oct 2026](https://millionrounds.com/company/flexcompute)[**Negosh** $3.1M · Oct 2026](https://millionrounds.com/company/negosh)[**StarLifter** $4.0M · Oct 2026](https://millionrounds.com/company/starlifter)[**Litewave.AI** $1.7M · Oct 2026](https://millionrounds.com/company/litewave-ai)

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