# Heap funding: rounds and investors

> Heap has raised $205M across 5 rounds since 2013. Investors include Menlo Ventures, Pear VC and Y Combinator. Every round with its source.

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

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

# Who invested in *Heap*

5 rounds we have observed, with the 30 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

Y Combinator: W13

Funding summary Updated 26 Oct 2026

**$205M** raised across 5 rounds since 2013, from 5 sources

**$2.0M** Seed **$27M** Series B **$11M** Series A **$55M** Series C **$110M** Series D

- **Latest round:** Series D, $110M Dec 2021
- **Step-up i:** 2×
- **Investors:** 30 (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.

2015 2017 2019 2021

**$2.0M** Seed

**$27M** Series B

**$11M** Series A

**$55M** Series C

**$110M** Series D

- **First round:** Seed, $2.0M
- **Biggest round:** $110M
- **Usual gap between rounds:** 2.3 years

## The rounds

- **Dec 2021** Series D **$110M** *4 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) [SV Angel](https://millionrounds.com/fund/sv-angel) [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) [Pear VC](https://millionrounds.com/fund/pear-vc) Source recorded SEC filing: $113M sold, first sale Nov 2021
- **Jul 2019** Series C **$55M** *7 new* *3 returning* [NewView Capital](https://millionrounds.com/fund/newview-capital) Lead [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) [Pear VC](https://millionrounds.com/fund/pear-vc) [Initialized Capital](https://millionrounds.com/fund/initialized-capital) [Maverick Ventures](https://millionrounds.com/fund/maverick-ventures) [Triangle Peak Partners](https://millionrounds.com/fund/triangle-peak-partners) [SharesPost Investment Management](https://millionrounds.com/fund/sharespost-investment-management) [DTCP](https://millionrounds.com/fund/deutsche-telekom-strategic-investments) Alliance Bernstein Private Credit Investors Reported by FinSMEs
- **Aug 2017** Series A **$11M** *1 new* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) Reported by FinSMEs SEC filing: $27M sold, first sale Apr 2017
- **May 2017** Series B **$27M** *3 new* [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) [Pear VC](https://millionrounds.com/fund/pear-vc) New Enterprise Associates/ Initialized Reported by FinSMEs SEC filing: $27M sold, first sale Apr 2017
- **Aug 2013** Seed **$2.0M** *19 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [SV Angel](https://millionrounds.com/fund/sv-angel) [Redpoint](https://millionrounds.com/fund/redpoint) [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Cota Capital](https://millionrounds.com/fund/cota-capital) [Alexis Ohanian](https://millionrounds.com/fund/alexis-ohanian) [Signatures Capital](https://millionrounds.com/fund/signatures-capital) [Sam Altman](https://millionrounds.com/fund/sam-altman) [Amidzad Partners](https://millionrounds.com/fund/amidzad-partners) [Garry Tan](https://millionrounds.com/fund/garry-tan) [Pejman Mar Ventures](https://millionrounds.com/fund/pejman-mar-ventures) [Ram Shriram](https://millionrounds.com/fund/ram-shriram) [WME](https://millionrounds.com/fund/wme) [Harjeet Taggar](https://millionrounds.com/fund/harjeet-taggar) [RTA Ventures](https://millionrounds.com/fund/rta-vc) [Joshua Reeves](https://millionrounds.com/fund/joshua-reeves) [William Morris Endeavor Entertainment](https://millionrounds.com/fund/william-morris-endeavor-entertainment) [Netprice Partners](https://millionrounds.com/fund/netprice-partners) [Ram Shiram](https://millionrounds.com/fund/ram-shiram) Reported by techcrunch.com

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Kenneth Fine** Executive Officer, Director i
- **Steve Love** Executive Officer i

On the board, as filed i *Matin Movassate* *Matt Murphy* *Michael McGinn* *Ravi Viswanathan*

## 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 **Series B** 2017 **Series A** 2017 **Series C** 2019 **Series D** 2021 [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) [Pear VC](https://millionrounds.com/fund/pear-vc) [Y Combinator](https://millionrounds.com/fund/y-combinator) [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [SV Angel](https://millionrounds.com/fund/sv-angel) [NewView Capital](https://millionrounds.com/fund/newview-capital) L [Redpoint](https://millionrounds.com/fund/redpoint) [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Initialized Capital](https://millionrounds.com/fund/initialized-capital) [Cota Capital](https://millionrounds.com/fund/cota-capital)

## Everyone who backed them

[Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) VC firm **3** rounds

[Pear VC](https://millionrounds.com/fund/pear-vc) VC firm **3** rounds

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **2** rounds

[New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) VC firm **2** rounds

[SV Angel](https://millionrounds.com/fund/sv-angel) VC firm **2** rounds

[NewView Capital](https://millionrounds.com/fund/newview-capital) VC firm **1** round, led 1

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

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

[Initialized Capital](https://millionrounds.com/fund/initialized-capital) VC firm **1** round

[Cota Capital](https://millionrounds.com/fund/cota-capital) VC firm **1** round

[Alexis Ohanian](https://millionrounds.com/fund/alexis-ohanian) Angel **1** round

[Signatures Capital](https://millionrounds.com/fund/signatures-capital) VC firm **1** round

[Sam Altman](https://millionrounds.com/fund/sam-altman) Angel **1** round

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

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

[Garry Tan](https://millionrounds.com/fund/garry-tan) Angel **1** round

[Triangle Peak Partners](https://millionrounds.com/fund/triangle-peak-partners) Asset manager **1** round

[Pejman Mar Ventures](https://millionrounds.com/fund/pejman-mar-ventures) VC firm **1** round

[Ram Shriram](https://millionrounds.com/fund/ram-shriram) VC firm **1** round

[SharesPost Investment Management](https://millionrounds.com/fund/sharespost-investment-management) Growth equity **1** round

[DTCP](https://millionrounds.com/fund/deutsche-telekom-strategic-investments) VC firm **1** round

[WME](https://millionrounds.com/fund/wme) Corporate VC **1** round

[Harjeet Taggar](https://millionrounds.com/fund/harjeet-taggar) VC firm **1** round

[RTA Ventures](https://millionrounds.com/fund/rta-vc) VC firm **1** round

[Joshua Reeves](https://millionrounds.com/fund/joshua-reeves) VC firm **1** round

[William Morris Endeavor Entertainment](https://millionrounds.com/fund/william-morris-endeavor-entertainment) VC firm **1** round

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

[Ram Shiram](https://millionrounds.com/fund/ram-shiram) VC firm **1** round

Alliance Bernstein Private Credit Investors no record of our own yet **1** round

New Enterprise Associates/ Initialized 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=heap).

## Also claim to have backed them

These 3 firms list Heap 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.

[Sixth Street](https://millionrounds.com/fund/sixth-street) Private equity Per its own site

[Conduit](https://millionrounds.com/fund/conduit) Accelerator Per its own site

[Scout Analytics](https://millionrounds.com/fund/scout-analytics) Investment firm Per its own site

## Quick answers about Heap

### Who invested in Heap?

Heap's investors include Menlo Ventures, Pear VC, Y Combinator, New Enterprise Associates and SV Angel, and 25 more on record.

### How much has Heap raised?

Heap has raised $205M across 5 rounds since 2013.

### When did Heap last raise?

Heap's most recent round was a Series D of $110M in Dec 2021.

### What was Heap's biggest round?

Its most recent round, $110M in Dec 2021, is also its largest on record.

### Who backed Heap first?

Heap's first round on record, in Aug 2013, was backed by Y Combinator, SV Angel and Redpoint and 16 others.

### What stage is Heap at?

Heap's latest named round is a Series D, in Dec 2021.

### Where is Heap based?

Heap is based in the United States.

### Who led Heap's rounds?

NewView Capital led the Series C in 2019.

## Companies like Heap

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

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