# Folio funding: rounds and investors > Folio has raised $21M across 2 rounds since 2024. Investors include Alumni Ventures, Goldman Sachs and SMBC Venture Capital. Every round with its source. Source: https://millionrounds.com/company/folio (Millionrounds; every figure on the page links to its filing or article) United States · [Series A startup](https://millionrounds.com/companies) # Who invested in *Folio* 2 rounds we have observed, with the 7 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 Services Fintech Funding summary Updated 26 Oct 2026 **$21M** raised across 2 rounds since 2024, from 3 sources **$6.6M** Venture **$14M** Series A - **Latest round:** Series A, $14M Jul 2025 - **Step-up i:** 2.1× - **Investors:** 7 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. 2025 **$6.6M** Venture **$14M** Series A - **First round:** Venture, $6.6M - **Biggest round:** $14M - **Between rounds:** 15 months ## The rounds - **Jul 2025** Series A **$14M** *3 new* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) [Construct Capital](https://millionrounds.com/fund/construct-capital) Source recorded - **Apr 2024** Venture **$6.6M** *4 new* [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [SMBC Venture Capital](https://millionrounds.com/fund/smbc-venture-capital-2) [IVC](https://millionrounds.com/fund/ivc) [DNX Ventures](https://millionrounds.com/fund/dnx-ventures-us) Source recorded 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. **Venture** 2024 **Series A** 2025 [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [SMBC Venture Capital](https://millionrounds.com/fund/smbc-venture-capital-2) [IVC](https://millionrounds.com/fund/ivc) [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) [DNX Ventures](https://millionrounds.com/fund/dnx-ventures-us) [Construct Capital](https://millionrounds.com/fund/construct-capital) ## Everyone who backed them [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) Private equity **1** round [SMBC Venture Capital](https://millionrounds.com/fund/smbc-venture-capital-2) Investment bank **1** round [IVC](https://millionrounds.com/fund/ivc) VC firm **1** round [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) Family office **1** round [DNX Ventures](https://millionrounds.com/fund/dnx-ventures-us) VC firm **1** round [Construct Capital](https://millionrounds.com/fund/construct-capital) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=folio). ## Quick answers about Folio ### Who invested in Folio? Folio's investors include Alumni Ventures, Goldman Sachs, SMBC Venture Capital, IVC and Thrive Capital, and 2 more on record. ### How much has Folio raised? Folio has raised $21M across 2 rounds since 2024. ### When did Folio last raise? Folio's most recent round was a Series A of $14M in Jul 2025. ### What was Folio's biggest round? Its most recent round, $14M in Jul 2025, is also its largest on record. ### Who backed Folio first? Folio's first round on record, in Apr 2024, was backed by Goldman Sachs, SMBC Venture Capital and IVC and 1 others. ### What stage is Folio at? Folio's latest named round is a Series A, in Jul 2025. ### Where is Folio based? Folio is based in the United States. ## Companies like Folio 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)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**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) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app