Finland · 
Who invested in Grey Area?
Grey Area's investors include Index Ventures, Lifeline Ventures, Initial Capital, London Venture Partners and Ilkka Paananen, and 1 more on record.
2011
?Seed$2.5MSeries A
Finland · Series A startup
Who invested in Grey Area
Funding summaryUpdated 26 Oct 2026
$2.5Mraised across 2 rounds since 2010, from 2 sources
- Latest round
- Series A, $2.5MFeb 2011
- Investors
- 6
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Seed Nov 2010
- Biggest round
- $2.5M Series A · Feb 2011
- Between rounds
- 4 months from the last two
The rounds
- Feb 2011
- Nov 2010SeedAmount undisclosed3 new
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.
Everyone who backed them
Ilkka PaananenVC firm1round
Mikko KodisojaAngel1round
Missing a round, or an investor who was in one? Tell us.
Quick answers about Grey Area
How much has Grey Area raised?
Grey Area has raised $2.5M across 2 rounds since 2010. One round did not disclose an amount, so the total is a floor.
When did Grey Area last raise?
Grey Area's most recent round was a Series A of $2.5M in Feb 2011.
What was Grey Area's biggest round?
Its most recent round, $2.5M in Feb 2011, is also its largest on record.
Who backed Grey Area first?
Grey Area's first round on record, in Nov 2010, was backed by Lifeline Ventures, Ilkka Paananen and Mikko Kodisoja.
What stage is Grey Area at?
Grey Area's latest named round is a Series A, in Feb 2011.
Where is Grey Area based?
Grey Area is based in Finland.
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