United States · Funded startup

Who invested in Flywire

8 rounds we have observed, with the 26 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.

Financial ServicesFintech

Funding summaryUpdated 26 Oct 2026

$403Mraised across 8 rounds since 2010, from 8 sources

$1.1MSeed$7.5MSeries A$6.4MSeries C$6.2MSeries C$22MSeries D$100MSeries D$260MRound
Latest round
Round, $260MAug 2023
Step-upi
2.6×
Investors
26
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.

2010201220142016201820202022
$1.1MSeed$7.5MSeries A$6.4MSeries C$6.2MSeries C$22MSeries D$100MSeries D?Venture$260MRound
First round
Seed, $1.1M
Oct 2010
Biggest round
$260M
Round · Aug 2023
Usual gap between rounds
18 months
the median of 7
FlywireFinancial services1 / 3Their pitch deckFlywire's pitch deck, 3 slidesEach slide read for what it argues, against the decks that raised at the same stage.

The rounds

  1. Aug 2023
    Round$260M1 new3 returning

    Source recorded

  2. Jan 2020
    VentureAmount undisclosed4 new

    Source recordedSEC filing: $120M sold, first sale Feb 2020

  3. Jun 2018
    Series D$100M1 new1 returning

    Reported by FinSMEs

  4. Jan 2015
    Series D$22M1 new

    From a historical funding record

  5. Jan 2014
    Series C$6.2M2 new3 returning

    From a historical funding record

  6. Jun 2013
    Series C$6.4M3 new2 returning

    From a historical funding record

  7. Aug 2011
    Series A$7.5M3 new1 returning

    Reported by techcrunch.com

  8. Oct 2010
    Seed$1.1M11 new

    Reported by bits.blogs.nytimes.com

Founders and team

From Flywire's own website and the SEC filings it signed: 11 on the team.

  • David KingChief Product Officer & Co-President of Global Education
  • Mike MassaroChief Executive Officer
  • Rob OrgelPresident and Chief Operating Officer
  • Sharon ButlerCo-President of Global Education
  • Allison MacLeodChief Commercial Officer
  • Cosmin PitigoiChief Financial Officer
  • Mohit KansalChief Payments Officer
  • Nicole JamesChief People Officer
  • Patrick BlancChief Technology Officer
  • Peter ButterfieldGeneral Counsel & Chief Compliance Officer
  • Michael MassaroExecutive Officer, Directori

On the board, as filediAlex FinkelsteinDavid JegenMatthew HarrisPhilip Riese

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.

Seed2010Series A2011Series C2013Series C2014Series D2015Series D2018Venture2020Round2023Spark CapitalQED InvestorsAccelMaveronF-Prime CapitalKibo VenturesTechstarsBain Capital VenturesTemasek HoldingsElemental Impact

Everyone who backed them

Spark CapitalVC firm5rounds
QED InvestorsVC firm3rounds
AccelVC firm2rounds
MaveronVC firm2rounds
F-Prime CapitalVC firm2rounds
Kibo VenturesVC firm2rounds
TechstarsVC firm1round
Temasek HoldingsVC firm1round
Elemental ImpactVC firm1round
Boston Seed CapitalAngel network1round
Keyhorse CapitalVC firm1round
Roy RodensteinAngel1round
Devonshire InvestorsCorporate VC1round
Marek FodorAngel1round
John LandryAngel1round
Jim HornthalAngel1round
Fides Finanz-InvestVC firm1round
Reed SturtevantAngel1round
500 HatsVC firm1round
Katie Raeno record of our own yet1round
Ken & Laura Morseno record of our own yet1round
Pablo Carrallono record of our own yet1round
Raul Aznarno record of our own yet1round
Temasek/ Bainno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 3 firms list Flywire 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.

JME VenturesVC firmPer its own site
LifeX VenturesVC firmPer its own site
3SPOKEPrivate creditPer its own site

Quick answers about Flywire

Who invested in Flywire?

Flywire's investors include Spark Capital, QED Investors, Accel, Maveron and F-Prime Capital, and 21 more on record.

How much has Flywire raised?

Flywire has raised $403M across 8 rounds since 2010. One round did not disclose an amount, so the total is a floor.

When did Flywire last raise?

Flywire's most recent round was an Undisclosed round of $260M in Aug 2023.

What was Flywire's biggest round?

Its most recent round, $260M in Aug 2023, is also its largest on record.

Who backed Flywire first?

Flywire's first round on record, in Oct 2010, was backed by Spark Capital, Roy Rodenstein and Marek Fodor and 8 others.

What stage is Flywire at?

Flywire's latest named round is an Undisclosed round, in Aug 2023.

Where is Flywire based?

Flywire is based in the United States.

Companies like Flywire

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

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