# FundThrough funding: rounds and investors

> FundThrough has raised $52M across 3 rounds since 2015. Investors include Real Ventures, Business Growth Fund and Scale-Up Ventures.

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

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *FundThrough*

3 rounds we have observed, with the 11 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

**$52M** raised across 3 rounds since 2015, from 4 sources

**$2.2M** Venture **$24M** Debt **$25M** Series B

- **Latest round:** Series B, $25M Apr 2025
- **Investors:** 11

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.

2015 2017 2019 2021 2023 2025

**$2.2M** Venture

**$24M** Debt

**$25M** Series B

- **First round:** Venture, $2.2M
- **Biggest round:** $25M
- **Usual gap between rounds:** 8.5 years

## The rounds

- **Apr 2025** Series B **$25M** *2 new* *1 returning* [Business Growth Fund](https://millionrounds.com/fund/bgf) [Real Ventures](https://millionrounds.com/fund/real-ventures-2) [Scale-Up Ventures](https://millionrounds.com/fund/scale-up) Source recorded
- **Oct 2016** Debt **$24M** *4 new* [Hedgewood](https://millionrounds.com/fund/hedgewood) [Scaleup VC](https://millionrounds.com/fund/scaleup-vc) [Klister Credit Corp](https://millionrounds.com/fund/klister-credit-corp) [OnWave Ventures](https://millionrounds.com/fund/onwave-ventures-inc) Reported by FinSMEs and 1 other
- **Feb 2015** Venture **$2.2M** *5 new* [Real Ventures](https://millionrounds.com/fund/real-ventures-2) [Origin Merchant Partners](https://millionrounds.com/fund/origin-merchant-partners) Barlow Lane Holdings Five Elements Ventures Peter Carrescia From a historical funding record

## Founders and team

From FundThrough's own website: 3 founders.

**Steven Uster** Co-Founder & CEO

**Deepak Ramachandran** Co-Founder & CTO

**Graham McBride** Co-Founder

## 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** 2015 **Debt** 2016 **Series B** 2025 [Real Ventures](https://millionrounds.com/fund/real-ventures-2) [Business Growth Fund](https://millionrounds.com/fund/bgf) [Scale-Up Ventures](https://millionrounds.com/fund/scale-up) [Hedgewood](https://millionrounds.com/fund/hedgewood) [Origin Merchant Partners](https://millionrounds.com/fund/origin-merchant-partners) [Scaleup VC](https://millionrounds.com/fund/scaleup-vc) [Klister Credit Corp](https://millionrounds.com/fund/klister-credit-corp) [OnWave Ventures](https://millionrounds.com/fund/onwave-ventures-inc) Barlow Lane Holdings Five Elements Ventures

## Everyone who backed them

[Real Ventures](https://millionrounds.com/fund/real-ventures-2) Family office **2** rounds

[Business Growth Fund](https://millionrounds.com/fund/bgf) Private equity **1** round

[Scale-Up Ventures](https://millionrounds.com/fund/scale-up) VC firm **1** round

[Hedgewood](https://millionrounds.com/fund/hedgewood) Family office **1** round

[Origin Merchant Partners](https://millionrounds.com/fund/origin-merchant-partners) Advisor **1** round

[Scaleup VC](https://millionrounds.com/fund/scaleup-vc) VC firm **1** round

[Klister Credit Corp](https://millionrounds.com/fund/klister-credit-corp) VC firm **1** round

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

Barlow Lane Holdings no record of our own yet **1** round

Five Elements Ventures no record of our own yet **1** round

Peter Carrescia 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=fundthrough).

## Also claim to have backed them

These 4 firms list FundThrough 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.

[Real Ventures](https://millionrounds.com/fund/real-ventures) VC firm Per its own site

[Canadian Business Growth Fund (CBGF)](https://millionrounds.com/fund/canadian-business-growth-fund-cbgf) VC firm Per its own site

[Rep Matters Angel Network](https://millionrounds.com/fund/rep-matters-angel-network) VC firm Per its own site

[ScaleUP Ventures](https://millionrounds.com/fund/scaleup-venture-partners-inc) VC firm Per its own site

## Quick answers about FundThrough

### Who invested in FundThrough?

FundThrough's investors include Real Ventures, Business Growth Fund, Scale-Up Ventures, Hedgewood and Origin Merchant Partners, and 6 more on record.

### How much has FundThrough raised?

FundThrough has raised $52M across 3 rounds since 2015.

### When did FundThrough last raise?

FundThrough's most recent round was a Series B of $25M in Apr 2025.

### What was FundThrough's biggest round?

Its most recent round, $25M in Apr 2025, is also its largest on record.

### Who backed FundThrough first?

FundThrough's first round on record, in Feb 2015, was backed by Real Ventures, Origin Merchant Partners and Barlow Lane Holdings and 2 others.

### What stage is FundThrough at?

FundThrough's latest named round is a Series B, in Apr 2025.

### Where is FundThrough based?

FundThrough is based in the United States.

## Companies like FundThrough

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)

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