# Gauntlet funding: rounds and investors > Gauntlet has raised $125M across 2 rounds since 2023. Investors include First Round Capital, Paradigm and Dragonfly Capital Partners. Source: https://millionrounds.com/company/gauntlet (Millionrounds; every figure on the page links to its filing or article) United States · [Series C startup](https://millionrounds.com/companies) # Who invested in *Gauntlet* 2 rounds we have observed, with the 9 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. DeFi Financial Services Fintech Web3 & Crypto Raised 4 months ago Valuation: $1.0B, Oct 2024 Follow Gauntlet and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fgauntlet) Funding summary Updated 5 Nov 2026 **$125M** raised across 2 rounds since 2023, from 2 sources - **Latest round:** Series C, $125M Jul 2026 - **Led by:** SBI Group - **Investors:** 9 (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. 2024 2025 2026 **?** Venture **$125M** Series C - **First round:** Venture - **Biggest round:** $125M - **Between rounds:** 3.3 years ## The rounds - **Jul 2026** Series C **$125M** *3 new* *4 returning* [SBI Group](https://millionrounds.com/fund/sbi-group) Lead [First Round Capital](https://millionrounds.com/fund/first-round-capital) [Hack VC](https://millionrounds.com/fund/hack-vc) [Paradigm](https://millionrounds.com/fund/paradigm) [Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) [SE Ventures](https://millionrounds.com/fund/se-ventures) [Coinbase](https://millionrounds.com/fund/coinbase-ventures) Reported by AlleyWatch - **Apr 2023** Venture **Amount undisclosed** *6 new* [First Round Capital](https://millionrounds.com/fund/first-round-capital) [Coinbase Ventures](https://millionrounds.com/fund/coinbase) [Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) [Paradigm](https://millionrounds.com/fund/paradigm) [Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) [SE Ventures](https://millionrounds.com/fund/se-ventures) Source recorded ## Founders and team From Gauntlet's own website: 28 on the team. - **Tarun Chitra** Chief Executive Officer - **Jesse Kao** Chief Financial Officer - **Nicholas Cannon** Chief Business Officer - **Rei Chiang** Chief Technology Officer - **Matt Dobel** VP of Business Development - **Paul Vijender** Head of Security - **Aidan Bristow** Senior Business Development Manager - **Alex Szymanski** Senior Software Engineer - **Carson Brown** Senior Product Manager - **Danica Espiritu** People & Operations Manager - **Ian Mellen** Senior Data Scientist - **Jacob Rhode** Senior Software Engineer - **Jonathan Reem** Staff Software Engineer - **Kevin He** Accounting Lead - **Mahima Raut** Quantitative Research Engineer - **Maria Shaikh** Senior Data Scientist - **Mathieu Voisin** Senior Software Engineer - **Michalis Alifierakis** Senior Machine Learning Engineer And 10 more on the team. ## 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** 2023 **Series C** 2026 [First Round Capital](https://millionrounds.com/fund/first-round-capital) [Paradigm](https://millionrounds.com/fund/paradigm) [Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) [SE Ventures](https://millionrounds.com/fund/se-ventures) [SBI Group](https://millionrounds.com/fund/sbi-group) L [Coinbase Ventures](https://millionrounds.com/fund/coinbase) [Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) [Hack VC](https://millionrounds.com/fund/hack-vc) [Coinbase](https://millionrounds.com/fund/coinbase-ventures) ## Everyone who backed them [First Round Capital](https://millionrounds.com/fund/first-round-capital) VC firm **2** rounds [Paradigm](https://millionrounds.com/fund/paradigm) VC firm **2** rounds [Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) VC firm **2** rounds [SE Ventures](https://millionrounds.com/fund/se-ventures) Corporate VC **2** rounds [SBI Group](https://millionrounds.com/fund/sbi-group) Growth equity **1** round, led 1 [Coinbase Ventures](https://millionrounds.com/fund/coinbase) Corporate VC **1** round [Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) VC firm **1** round [Hack VC](https://millionrounds.com/fund/hack-vc) VC firm **1** round [Coinbase](https://millionrounds.com/fund/coinbase-ventures) Corporate VC **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=gauntlet). ## Also claim to have backed them These 3 firms list Gauntlet 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. [Robot Ventures](https://millionrounds.com/fund/robot-ventures) VC firm Per its own site [Standard](https://millionrounds.com/fund/standard) VC firm Per its own site [Standard Crypto](https://millionrounds.com/fund/standard-crypto) VC firm Per its own site ## Quick answers about Gauntlet ### Who invested in Gauntlet? Gauntlet's investors include First Round Capital, Paradigm, Dragonfly Capital Partners, SE Ventures and SBI Group, and 4 more on record. SBI Group led its latest round. ### How much has Gauntlet raised? Gauntlet has raised $125M across 2 rounds since 2023. One round did not disclose an amount, so the total is a floor. ### When did Gauntlet last raise? Gauntlet's most recent round was a Series C of $125M in Jul 2026, led by SBI Group. ### What was Gauntlet's biggest round? Its most recent round, $125M in Jul 2026, is also its largest on record. ### Who backed Gauntlet first? Gauntlet's first round on record, in Apr 2023, was backed by First Round Capital, Coinbase Ventures and Ribbit Capital and 3 others. ### What stage is Gauntlet at? Gauntlet's latest named round is a Series C, in Jul 2026. ### Where is Gauntlet based? Gauntlet is based in the United States. ### Who led Gauntlet's rounds? SBI Group led the Series C in 2026. ## Companies like Gauntlet In the same sector, and raised in the last eighteen months. [**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava)[**Omni** $244M · Nov 2026](https://millionrounds.com/company/omni)[**Clark** $11M · Nov 2026](https://millionrounds.com/company/clark)[**Pathfinder** $13M · Nov 2026](https://millionrounds.com/company/pathfinder)[**Midstream Health** $27M · Oct 2026](https://millionrounds.com/company/midstream-health)[**Settle** $103M · Oct 2026](https://millionrounds.com/company/settle) ## 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