# Frate funding: rounds and investors

> Frate has raised $2.6M across 1 round since 2024. Investors include Matchstick Ventures, Better Ventures and 2048 Ventures. Every round with its source.

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

Canada · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Frate*

One round we have observed, with the 3 investors named in it. 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

**$2.6M** raised across 1 round since 2024, from 1 source

- **Latest round:** Seed, $2.6M Sept 2024
- **Investors:** 3

See who backed them

## The rounds

- **Sept 2024** Seed **$2.6M** [Matchstick Ventures](https://millionrounds.com/fund/matchstick-ventures) [Better Ventures](https://millionrounds.com/fund/better-ventures) [2048 Ventures](https://millionrounds.com/fund/2048-ventures) Source recorded SEC filing: $4.2M sold, first sale Sept 2024

## Everyone who backed them

[Matchstick Ventures](https://millionrounds.com/fund/matchstick-ventures) VC firm **1** round

[Better Ventures](https://millionrounds.com/fund/better-ventures) VC firm **1** round

[2048 Ventures](https://millionrounds.com/fund/2048-ventures) VC firm **1** round

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

## Also claim to have backed them

This firm lists Frate as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[MergeLane](https://millionrounds.com/fund/mergelane) Accelerator Per its own site

## Quick answers about Frate

### Who invested in Frate?

Frate's investors include Matchstick Ventures, Better Ventures and 2048 Ventures.

### How much has Frate raised?

Frate has raised $2.6M across 1 round since 2024.

### When did Frate last raise?

Frate's most recent round was a Seed of $2.6M in Sept 2024.

### What was Frate's biggest round?

Its most recent round, $2.6M in Sept 2024, is also its largest on record.

### Who backed Frate first?

Frate's first round on record, in Sept 2024, was backed by Matchstick Ventures, Better Ventures and 2048 Ventures.

### What stage is Frate at?

Frate's latest named round is a Seed, in Sept 2024.

### Where is Frate based?

Frate is based in Canada.

## Companies like Frate

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

[**Neo Financial** $182M · Oct 2026](https://millionrounds.com/company/neo-financial)[**Timia Capital** Aug 2026](https://millionrounds.com/company/timia-capital)[**Helcim** $59M · Aug 2026](https://millionrounds.com/company/helcim)[**Clearco** $200M · Aug 2026](https://millionrounds.com/company/clearco)[**Koho** $144M · Jun 2026](https://millionrounds.com/company/koho)[**Nesto** $302M · Jun 2026](https://millionrounds.com/company/nesto)

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