# Formation Data Systems funding: rounds and investors > Formation Data Systems has raised $59M across 5 rounds since 2013. Investors include Mayfield Fund, Pelion Venture Partners and Square 1 Bank. Source: https://millionrounds.com/company/formation-data-systems (Millionrounds; every figure on the page links to its filing or article) United States · [Venture startup](https://millionrounds.com/companies) # Who invested in *Formation Data Systems* 5 rounds we have observed, with the 16 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. Big Data & Analytics Cloud Funding summary Updated 26 Oct 2026 **$59M** raised across 5 rounds since 2013, from 5 sources **$3.2M** Seed **$15M** Series A **$15M** Venture **$6.0M** Venture **$20M** Round - **Latest round:** Round, $20M Dec 2016 - **Step-up i:** 3.3× - **Investors:** 16 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. 2014 2015 2016 **$3.2M** Seed **$15M** Series A **$15M** Venture **$6.0M** Venture **$20M** Round - **First round:** Seed, $3.2M - **Biggest round:** $20M - **Usual gap between rounds:** 15 months ## The rounds - **Dec 2016** Round **$20M** *9 new* *6 returning* [Mayfield Fund](https://millionrounds.com/fund/mayfield) [Pelion Venture Partners](https://millionrounds.com/fund/pelion-venture-partners) [Square 1 Bank](https://millionrounds.com/fund/square-1-bank) [Third Point Ventures](https://millionrounds.com/fund/third-point-ventures) [Dell](https://millionrounds.com/fund/dell) [Aaron Levie](https://millionrounds.com/fund/aaron-levie) [BYU Cougar Capital](https://millionrounds.com/fund/byu-cougar-capital) Charles Giancarlo Darrell Long James Lussier Jerry Kennelly Kumar Malavalli Navin Chaddha Steven Luczo VKRM Source recorded - **Jul 2016** Venture **$6.0M** *1 new* *2 returning* [Mayfield Fund](https://millionrounds.com/fund/mayfield) [Pelion Venture Partners](https://millionrounds.com/fund/pelion-venture-partners) [Dell Technologies Capital](https://millionrounds.com/fund/dell-technologies-capital) Source recorded SEC filing: $6.0M sold, first sale Jun 2016 - **Sept 2014** Venture **$15M** No investor was named in the report. From a historical funding record SEC filing: $15M sold, first sale Jan 2014 - **Jul 2014** Series A **$15M** *6 new* [Mayfield Fund](https://millionrounds.com/fund/mayfield) [Pelion Venture Partners](https://millionrounds.com/fund/pelion-venture-partners) [Square 1 Bank](https://millionrounds.com/fund/square-1-bank) [Third Point Ventures](https://millionrounds.com/fund/third-point-ventures) [Dell](https://millionrounds.com/fund/dell) [BYU Cougar Capital](https://millionrounds.com/fund/byu-cougar-capital) From a historical funding record SEC filing: $15M sold, first sale Jan 2014 - **Apr 2013** Seed **$3.2M** No investor was named in the report. From a historical funding record ## 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** 2013 **Series A** 2014 **Venture** 2014 **Venture** 2016 **Round** 2016 [Mayfield Fund](https://millionrounds.com/fund/mayfield) [Pelion Venture Partners](https://millionrounds.com/fund/pelion-venture-partners) [Square 1 Bank](https://millionrounds.com/fund/square-1-bank) [Third Point Ventures](https://millionrounds.com/fund/third-point-ventures) [Dell](https://millionrounds.com/fund/dell) [BYU Cougar Capital](https://millionrounds.com/fund/byu-cougar-capital) [Dell Technologies Capital](https://millionrounds.com/fund/dell-technologies-capital) [Aaron Levie](https://millionrounds.com/fund/aaron-levie) Charles Giancarlo Darrell Long ## Everyone who backed them [Mayfield Fund](https://millionrounds.com/fund/mayfield) VC firm **3** rounds [Pelion Venture Partners](https://millionrounds.com/fund/pelion-venture-partners) VC firm **3** rounds [Square 1 Bank](https://millionrounds.com/fund/square-1-bank) Investment firm **2** rounds [Third Point Ventures](https://millionrounds.com/fund/third-point-ventures) VC firm **2** rounds [Dell](https://millionrounds.com/fund/dell) Growth equity **2** rounds [BYU Cougar Capital](https://millionrounds.com/fund/byu-cougar-capital) VC firm **2** rounds [Dell Technologies Capital](https://millionrounds.com/fund/dell-technologies-capital) Corporate VC **1** round [Aaron Levie](https://millionrounds.com/fund/aaron-levie) VC firm **1** round Charles Giancarlo no record of our own yet **1** round Darrell Long no record of our own yet **1** round James Lussier no record of our own yet **1** round Jerry Kennelly no record of our own yet **1** round Kumar Malavalli no record of our own yet **1** round Navin Chaddha no record of our own yet **1** round Steven Luczo no record of our own yet **1** round VKRM no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=formation-data-systems). ## Quick answers about Formation Data Systems ### Who invested in Formation Data Systems? Formation Data Systems's investors include Mayfield Fund, Pelion Venture Partners, Square 1 Bank, Third Point Ventures and Dell, and 11 more on record. ### How much has Formation Data Systems raised? Formation Data Systems has raised $59M across 5 rounds since 2013. ### When did Formation Data Systems last raise? Formation Data Systems's most recent round, $20M, was in Dec 2016. ### What was Formation Data Systems's biggest round? Its most recent round, $20M in Dec 2016, is also its largest on record. ### Who backed Formation Data Systems first? Formation Data Systems's first round on record, in Jul 2014, was backed by Mayfield Fund, Pelion Venture Partners and Square 1 Bank and 3 others. ### What stage is Formation Data Systems at? Formation Data Systems's latest named round is a Venture, in Jul 2016. ### Where is Formation Data Systems based? Formation Data Systems is based in the United States. ## Companies like Formation Data Systems In the same sector, and raised in the last eighteen months. [**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**Blacksmith** $131M · Oct 2026](https://millionrounds.com/company/blacksmith)[**DrizzleX** $9.1M · Oct 2026](https://millionrounds.com/company/drizzlex)[**Prism Data** $25M · Oct 2026](https://millionrounds.com/company/prism-data) ## 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