# Flatpay funding: rounds and investors

> Flatpay has raised $336M across 2 rounds since 2025. Investors include Seed Capital, Dawn Capital and AVP. Every round with its source.

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

Denmark · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Flatpay*

2 rounds we have observed, with the 5 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

Raised 2 months ago Valuation: $1.7B, Mar 2026

Funding summary Updated 26 Oct 2026

**$336M** raised across 2 rounds since 2025, from 3 sources

**$168M** Growth **$168M** Venture

- **Latest round:** Venture, $168M Sept 2026
- **Investors:** 5

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.

2026

**$168M** Growth

**$168M** Venture

- **First round:** Growth, $168M
- **Biggest round:** $168M
- **Between rounds:** 9 months

## The rounds

- **Sept 2026** Venture **$168M** *3 returning* [Seed Capital](https://millionrounds.com/fund/seed-capital) [Dawn Capital](https://millionrounds.com/fund/dawn-capital) [AVP](https://millionrounds.com/fund/avp-2) Source recorded
- **Nov 2025** Growth **$168M** *5 new* [Seed Capital](https://millionrounds.com/fund/seed-capital) [Dawn Capital](https://millionrounds.com/fund/dawn-capital) [AVP](https://millionrounds.com/fund/avp-2) [Hedosophia](https://millionrounds.com/fund/hedosophia) [Smash Capital](https://millionrounds.com/fund/smash-capital) Reported by Silicon Canals and 1 other

## 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.

**Growth** 2025 **Venture** 2026 [Seed Capital](https://millionrounds.com/fund/seed-capital) [Dawn Capital](https://millionrounds.com/fund/dawn-capital) [AVP](https://millionrounds.com/fund/avp-2) [Hedosophia](https://millionrounds.com/fund/hedosophia) [Smash Capital](https://millionrounds.com/fund/smash-capital)

## Everyone who backed them

[Seed Capital](https://millionrounds.com/fund/seed-capital) VC firm **2** rounds

[Dawn Capital](https://millionrounds.com/fund/dawn-capital) VC firm **2** rounds

[AVP](https://millionrounds.com/fund/avp-2) Investment firm **2** rounds

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

[Smash Capital](https://millionrounds.com/fund/smash-capital) VC firm **1** round

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

## Also claim to have backed them

These 2 firms list Flatpay 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.

[Broadhaven Venture...](https://millionrounds.com/fund/broadhaven-venture) VC firm Per its own site

[COMPANION Capital GmbH](https://millionrounds.com/fund/companion-m) Angel network Per its own site

## Quick answers about Flatpay

### Who invested in Flatpay?

Flatpay's investors include Seed Capital, Dawn Capital, AVP, Hedosophia and Smash Capital.

### How much has Flatpay raised?

Flatpay has raised $336M across 2 rounds since 2025.

### When did Flatpay last raise?

Flatpay's most recent round was a Venture of $168M in Sept 2026.

### What was Flatpay's biggest round?

Its most recent round, $168M in Sept 2026, is also its largest on record.

### Who backed Flatpay first?

Flatpay's first round on record, in Nov 2025, was backed by Seed Capital, Dawn Capital and AVP and 2 others.

### What stage is Flatpay at?

Flatpay's latest named round is a Venture, in Sept 2026.

### Where is Flatpay based?

Flatpay is based in Denmark.

## Companies like Flatpay

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

[**Spektr** $25M · Apr 2026](https://millionrounds.com/company/spektr)[**Scaleup Finance** $16M · May 2025](https://millionrounds.com/company/scaleup-finance)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Ghanem** $1.5M · Oct 2026](https://millionrounds.com/company/ghanem)[**Cashin** $404K · Oct 2026](https://millionrounds.com/company/cashin)

## Find investors like these

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