# Fattmerchant funding: rounds and investors

> Fattmerchant has raised $17M across 3 rounds since 2015. Investors include Fulcrum Equity Partners and venVelo. Every round with its source.

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

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

# Who invested in *Fattmerchant*

3 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.

Fintech

Funding summary Updated 26 Oct 2026

**$17M** raised across 3 rounds since 2015, from 3 sources

**$750K** Seed **$5.5M** Round **$11M** Series C

- **Latest round:** Series C, $11M Jul 2018
- **Step-up i:** 1.9×
- **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.

2016 2017 2018

**$750K** Seed

**$5.5M** Round

**$11M** Series C

- **First round:** Seed, $750K
- **Biggest round:** $11M
- **Usual gap between rounds:** 2.3 years

## The rounds

- **Jul 2018** Series C **$11M** *1 returning* [Fulcrum Equity Partners](https://millionrounds.com/fund/fulcrum-equity-partners) Reported by FinSMEs SEC filing: $11M sold, first sale Jul 2018
- **Oct 2017** Round **$5.5M** *1 new* [Fulcrum Equity Partners](https://millionrounds.com/fund/fulcrum-equity-partners) Reported by FinSMEs SEC filing: $5.5M sold, first sale Oct 2017
- **Jun 2015** Seed **$750K** *1 new* [venVelo](https://millionrounds.com/fund/venvelo) From a historical funding record SEC filing: $200K sold, first sale Jun 2015

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Sal Rehmetullah** Executive Officer, Director i
- **Suneera Madhani** Executive Officer i

## 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** 2015 **Round** 2017 **Series C** 2018 [Fulcrum Equity Partners](https://millionrounds.com/fund/fulcrum-equity-partners) [venVelo](https://millionrounds.com/fund/venvelo)

## Everyone who backed them

[Fulcrum Equity Partners](https://millionrounds.com/fund/fulcrum-equity-partners) VC firm **2** rounds

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

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

## Quick answers about Fattmerchant

### Who invested in Fattmerchant?

Fattmerchant's investors include Fulcrum Equity Partners and venVelo.

### How much has Fattmerchant raised?

Fattmerchant has raised $17M across 3 rounds since 2015.

### When did Fattmerchant last raise?

Fattmerchant's most recent round was a Series C of $11M in Jul 2018.

### What was Fattmerchant's biggest round?

Its most recent round, $11M in Jul 2018, is also its largest on record.

### Who backed Fattmerchant first?

Fattmerchant's first round on record, in Jun 2015, was backed by venVelo.

### What stage is Fattmerchant at?

Fattmerchant's latest named round is a Series C, in Jul 2018.

### Where is Fattmerchant based?

Fattmerchant is based in the United States.

## Companies like Fattmerchant

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

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)

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