# Funderbeam funding: rounds and investors

> Funderbeam has raised $47M across 7 rounds since 2013. Investors include Draper Associates, IQ Capital and Kei Aar. Every round with its source.

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

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

# Who invested in *Funderbeam*

7 rounds we have observed, with the 14 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 Fintech

Funding summary Updated 26 Oct 2026

**$47M** raised across 7 rounds since 2013, from 7 sources

**$26K** Seed **$135K** Seed **$686K** Seed **$554K** Seed **$747K** Seed **$4.5M** Series A **$40M** Venture

- **Latest round:** Venture, $40M May 2023
- **Step-up i:** 8.9×
- **Investors:** 14 (1 led)

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.

2013 2015 2017 2019 2021 2023

**$26K** Seed

**$135K** Seed

**$554K** Seed

**$747K** Seed

**$4.5M** Series A

**$40M** Venture

- **First round:** Seed, $26K
- **Biggest round:** $40M
- **Usual gap between rounds:** 12 months

## The rounds

- **May 2023** Venture **$40M** *1 new* *2 returning* [Draper Associates](https://millionrounds.com/fund/draper-associates) [Startup Wise Guys](https://millionrounds.com/fund/startup-wise-guys) [IQ Capital](https://millionrounds.com/fund/iq-capital) Source recorded
- **Jun 2019** Series A **$4.5M** *7 new* [Accelerated Digital Ventures](https://millionrounds.com/fund/accelerated-digital-ventures) Lead [Draper Associates](https://millionrounds.com/fund/draper-associates) [IQ Capital](https://millionrounds.com/fund/iq-capital) [Mistletoe](https://millionrounds.com/fund/mistletoe) [Pandan Ventures](https://millionrounds.com/fund/pandan-investments) GK-Plug Play Indonesia Reported by FinSMEs
- **Oct 2015** Seed **$747K** *1 new* [3TS Capital Partners](https://millionrounds.com/fund/3ts-capital-partners) From a historical funding record
- **May 2015** Seed **$554K** *3 new* [Jaan Tallinn](https://millionrounds.com/fund/jaan-tallinn) [David Gammon](https://millionrounds.com/fund/david-gammon) [Rock Spring Partners, LLC](https://millionrounds.com/fund/rock-spring-partners-llc) From a historical funding record
- **May 2014** Seed **$686K** *1 returning* [Kei Aar](https://millionrounds.com/fund/kei-aar) From a historical funding record
- **Oct 2013** Seed **$135K** *1 new* [Kei Aar](https://millionrounds.com/fund/kei-aar) From a historical funding record
- **Jul 2013** Seed **$26K** *1 new* Kaidi Ruusalepp 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 **Seed** 2013 **Seed** 2014 **Seed** 2015 **Seed** 2015 **Series A** 2019 **Venture** 2023 [Draper Associates](https://millionrounds.com/fund/draper-associates) [IQ Capital](https://millionrounds.com/fund/iq-capital) [Kei Aar](https://millionrounds.com/fund/kei-aar) [Accelerated Digital Ventures](https://millionrounds.com/fund/accelerated-digital-ventures) L [Startup Wise Guys](https://millionrounds.com/fund/startup-wise-guys) [3TS Capital Partners](https://millionrounds.com/fund/3ts-capital-partners) [Jaan Tallinn](https://millionrounds.com/fund/jaan-tallinn) [Mistletoe](https://millionrounds.com/fund/mistletoe) [David Gammon](https://millionrounds.com/fund/david-gammon) [Rock Spring Partners, LLC](https://millionrounds.com/fund/rock-spring-partners-llc)

## Everyone who backed them

[Draper Associates](https://millionrounds.com/fund/draper-associates) VC firm **2** rounds

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

[Kei Aar](https://millionrounds.com/fund/kei-aar) VC firm **2** rounds

[Accelerated Digital Ventures](https://millionrounds.com/fund/accelerated-digital-ventures) VC firm **1** round, led 1

[Startup Wise Guys](https://millionrounds.com/fund/startup-wise-guys) Accelerator **1** round

[3TS Capital Partners](https://millionrounds.com/fund/3ts-capital-partners) Private equity **1** round

[Jaan Tallinn](https://millionrounds.com/fund/jaan-tallinn) VC firm **1** round

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

[David Gammon](https://millionrounds.com/fund/david-gammon) Angel **1** round

[Rock Spring Partners, LLC](https://millionrounds.com/fund/rock-spring-partners-llc) VC firm **1** round

[Pandan Ventures](https://millionrounds.com/fund/pandan-investments) VC firm **1** round

GK-Plug no record of our own yet **1** round

Kaidi Ruusalepp no record of our own yet **1** round

Play Indonesia 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=funderbeam).

## Also claim to have backed them

These 3 firms list Funderbeam 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.

[Cambridge Angels](https://millionrounds.com/fund/cambridge-angels) Angel network Per its own site

[Katalista Ventures](https://millionrounds.com/fund/katalista-ventures) Accelerator Per its own site

[Nordic Secondary Fund](https://millionrounds.com/fund/nordic-secondary-fund) VC firm Per its own site

## Quick answers about Funderbeam

### Who invested in Funderbeam?

Funderbeam's investors include Draper Associates, IQ Capital, Kei Aar, Accelerated Digital Ventures and Startup Wise Guys, and 9 more on record.

### How much has Funderbeam raised?

Funderbeam has raised $47M across 7 rounds since 2013.

### When did Funderbeam last raise?

Funderbeam's most recent round was a Venture of $40M in May 2023.

### What was Funderbeam's biggest round?

Its most recent round, $40M in May 2023, is also its largest on record.

### Who backed Funderbeam first?

Funderbeam's first round on record, in Jul 2013, was backed by Kaidi Ruusalepp.

### What stage is Funderbeam at?

Funderbeam's latest named round is a Venture, in May 2023.

### Where is Funderbeam based?

Funderbeam is based in Estonia.

### Who led Funderbeam's rounds?

Accelerated Digital Ventures led the Series A in 2019.

## Companies like Funderbeam

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

[**Cachet** $18M · Oct 2026](https://millionrounds.com/company/cachet)[**Creem** $7.8M · Sept 2026](https://millionrounds.com/company/creem)[**Fintellect** $100K · May 2025](https://millionrounds.com/company/fintellect)[**Co-one** $1.1M · May 2025](https://millionrounds.com/company/co-one)[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)

## 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
