# Gradient funding: rounds and investors

> Gradient has raised $24M across 5 rounds since 2018. Investors include VentureFriends, Kima Ventures and BoxGroup. Every round with its source.

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

United States · [Pre-seed startup](https://millionrounds.com/companies)

# Who invested in *Gradient*

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.

Advertising & Adtech AI Cleantech Professional Services

Raised this month

Funding summary Updated 26 Oct 2026

**$24M** raised across 5 rounds since 2018, from 6 sources

**$3.5M** Seed **$7.2M** Venture **$9.5M** Series A **$4.0M** Pre-seed

- **Latest round:** Pre-seed, $4.0M Oct 2026
- **Led by:** VentureFriends
- **Biggest round:** $9.5M Series A · Feb 2024
- **Investors:** 16 (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.

2020 2022 2024 2026

**$3.5M** Seed

**$7.2M** Venture

**$9.5M** Series A

**?** Venture

**$4.0M** Pre-seed

- **First round:** Seed, $3.5M
- **Biggest round:** $9.5M
- **Usual gap between rounds:** 2.3 years

## The rounds

- **Oct 2026** Pre-seed **$4.0M** *5 new* [VentureFriends](https://millionrounds.com/fund/venturefriends) Lead [Kima Ventures](https://millionrounds.com/fund/kima-ventures) [Tiny VC](https://millionrounds.com/fund/tiny-supercomputer-investment-company) [Heartfelt Capital](https://millionrounds.com/fund/heartfelt) [Acadian Ventures](https://millionrounds.com/fund/acadian-ventures) Reported by Tech Funding News SEC filing: $2.1M sold
- **Jul 2024** Venture **Amount undisclosed** *1 new* [Wing Venture Capital](https://millionrounds.com/fund/wing-venture-capital) Source recorded
- **Feb 2024** Series A **$9.5M** *4 new* [US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) [Elemental Impact](https://millionrounds.com/fund/elemental-impact) [Third Sphere](https://millionrounds.com/fund/third-sphere) [Safar Partners](https://millionrounds.com/fund/safar-partners) Source recorded
- **Mar 2023** Venture **$7.2M** *2 new* [BoxGroup](https://millionrounds.com/fund/boxgroup) [MassVentures](https://millionrounds.com/fund/massventures) Source recorded
- **Oct 2018** Seed **$3.5M** *4 new* [Flying Fish Partners](https://millionrounds.com/fund/flying-fish-partners) [MDC Ventures](https://millionrounds.com/fund/mdc-ventures) [Black Jays Investments](https://millionrounds.com/fund/black-jays-ventures) Flying Fish Partners/ PSL Reported by FinSMEs and 1 other

## 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** 2018 **Venture** 2023 **Series A** 2024 **Venture** 2024 **Pre-seed** 2026 [VentureFriends](https://millionrounds.com/fund/venturefriends) L [Kima Ventures](https://millionrounds.com/fund/kima-ventures) [BoxGroup](https://millionrounds.com/fund/boxgroup) [US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) [Wing Venture Capital](https://millionrounds.com/fund/wing-venture-capital) [MassVentures](https://millionrounds.com/fund/massventures) [Elemental Impact](https://millionrounds.com/fund/elemental-impact) [Tiny VC](https://millionrounds.com/fund/tiny-supercomputer-investment-company) [Third Sphere](https://millionrounds.com/fund/third-sphere) [Safar Partners](https://millionrounds.com/fund/safar-partners)

## Everyone who backed them

[VentureFriends](https://millionrounds.com/fund/venturefriends) VC firm **1** round, led 1

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

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

[US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) Government **1** round

[Wing Venture Capital](https://millionrounds.com/fund/wing-venture-capital) VC firm **1** round

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

[Elemental Impact](https://millionrounds.com/fund/elemental-impact) VC firm **1** round

[Tiny VC](https://millionrounds.com/fund/tiny-supercomputer-investment-company) VC firm **1** round

[Third Sphere](https://millionrounds.com/fund/third-sphere) VC firm **1** round

[Safar Partners](https://millionrounds.com/fund/safar-partners) VC firm **1** round

[Flying Fish Partners](https://millionrounds.com/fund/flying-fish-partners) VC firm **1** round

[Heartfelt Capital](https://millionrounds.com/fund/heartfelt) VC firm **1** round

[MDC Ventures](https://millionrounds.com/fund/mdc-ventures) Corporate VC **1** round

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

[Black Jays Investments](https://millionrounds.com/fund/black-jays-ventures) VC firm **1** round

Flying Fish Partners/ PSL 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=gradient).

## Quick answers about Gradient

### Who invested in Gradient?

Gradient's investors include VentureFriends, Kima Ventures, BoxGroup, US Department of Energy and Wing Venture Capital, and 11 more on record. VentureFriends led its latest round.

### How much has Gradient raised?

Gradient has raised $24M across 5 rounds since 2018. One round did not disclose an amount, so the total is a floor.

### When did Gradient last raise?

Gradient's most recent round was a Pre-seed of $4.0M in Oct 2026, led by VentureFriends.

### What was Gradient's biggest round?

Gradient's largest round on record is $9.5M (Series A), in Feb 2024.

### Who backed Gradient first?

Gradient's first round on record, in Oct 2018, was backed by Flying Fish Partners, MDC Ventures and Black Jays Investments and 1 others.

### What stage is Gradient at?

Gradient's latest named round is a Pre-seed, in Oct 2026.

### Where is Gradient based?

Gradient is based in the United States.

### Who led Gradient's rounds?

VentureFriends led the Pre-seed in 2026.

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