# Hedgehog funding: rounds and investors > Hedgehog has raised $14M across 4 rounds since 2021. Investors include Y Combinator, Ring Capital and Ascend. Every round with its source. Source: https://millionrounds.com/company/hedgehog (Millionrounds; every figure on the page links to its filing or article) United States · [Seed startup](https://millionrounds.com/companies) # Who invested in *Hedgehog* 4 rounds we have observed, with the 14 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. AI Raised 12 months ago Funding summary Updated 26 Oct 2026 **$14M** raised across 4 rounds since 2021, from 5 sources **$1.6M** Seed **$3.8M** Pre-seed **$8.1M** Seed - **Latest round:** Seed, $8.1M Nov 2025 - **Step-up i:** 2.1× - **Investors:** 14 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. 2022 2023 2024 2025 **$1.6M** Seed **$3.8M** Pre-seed **?** Venture **$8.1M** Seed - **First round:** Seed, $1.6M - **Biggest round:** $8.1M - **Usual gap between rounds:** 15 months ## The rounds - **Nov 2025** Seed **$8.1M** *3 new* *3 returning* [SMBC Venture Capital](https://millionrounds.com/fund/smbc-venture-capital-2) [Ring Capital](https://millionrounds.com/fund/ring) [Ascend](https://millionrounds.com/fund/ascend) [Scrum Ventures](https://millionrounds.com/fund/scrum-ventures) [Engineering Capital](https://millionrounds.com/fund/engineering-capital) [Keio Innovation Initiative](https://millionrounds.com/fund/keio-innovation-initiative-inc) Source recorded and 1 other - **Aug 2024** Venture **Amount undisclosed** *4 new* *1 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) [Pear VC](https://millionrounds.com/fund/pear-vc) [Haystack](https://millionrounds.com/fund/haystack) [UpHonest Capital](https://millionrounds.com/fund/uphonest-capital) Source recorded - **Nov 2022** Pre-seed **$3.8M** *3 new* [Ring Capital](https://millionrounds.com/fund/ring) [Ascend](https://millionrounds.com/fund/ascend) [Engineering Capital](https://millionrounds.com/fund/engineering-capital) Source recorded - **Aug 2021** Seed **$1.6M** *4 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) [Orange DAO](https://millionrounds.com/fund/orange-dao) [6th Man Ventures](https://millionrounds.com/fund/6mv) Source recorded ## Founders and team From Hedgehog's own website: 2 founders, 4 on the team. **Marc Austin** CEO, Co-Founder **Sergie Lukianov** Chief Architect, Co-Founder - **Manish Vachharajani** CTO - **Chrissy Hildebrandt** VP Finance - **Gabe Montanti** VP Sales - **Matthew Moore** VP Marketing ## 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** 2021 **Pre-seed** 2022 **Venture** 2024 **Seed** 2025 [Y Combinator](https://millionrounds.com/fund/y-combinator) [Ring Capital](https://millionrounds.com/fund/ring) [Ascend](https://millionrounds.com/fund/ascend) [Engineering Capital](https://millionrounds.com/fund/engineering-capital) [SMBC Venture Capital](https://millionrounds.com/fund/smbc-venture-capital-2) [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) [Pear VC](https://millionrounds.com/fund/pear-vc) [Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) [Haystack](https://millionrounds.com/fund/haystack) [UpHonest Capital](https://millionrounds.com/fund/uphonest-capital) ## Everyone who backed them [Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **2** rounds [Ring Capital](https://millionrounds.com/fund/ring) VC firm **2** rounds [Ascend](https://millionrounds.com/fund/ascend) VC firm **2** rounds [Engineering Capital](https://millionrounds.com/fund/engineering-capital) VC firm **2** rounds [SMBC Venture Capital](https://millionrounds.com/fund/smbc-venture-capital-2) Investment bank **1** round [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) VC firm **1** round [Pear VC](https://millionrounds.com/fund/pear-vc) VC firm **1** round [Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) VC firm **1** round [Haystack](https://millionrounds.com/fund/haystack) VC firm **1** round [UpHonest Capital](https://millionrounds.com/fund/uphonest-capital) VC firm **1** round [Scrum Ventures](https://millionrounds.com/fund/scrum-ventures) VC firm **1** round [Orange DAO](https://millionrounds.com/fund/orange-dao) VC firm **1** round [6th Man Ventures](https://millionrounds.com/fund/6mv) VC firm **1** round [Keio Innovation Initiative](https://millionrounds.com/fund/keio-innovation-initiative-inc) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=hedgehog). ## Quick answers about Hedgehog ### Who invested in Hedgehog? Hedgehog's investors include Y Combinator, Ring Capital, Ascend, Engineering Capital and SMBC Venture Capital, and 9 more on record. ### How much has Hedgehog raised? Hedgehog has raised $14M across 4 rounds since 2021. One round did not disclose an amount, so the total is a floor. ### When did Hedgehog last raise? Hedgehog's most recent round was a Seed of $8.1M in Nov 2025. ### What was Hedgehog's biggest round? Its most recent round, $8.1M in Nov 2025, is also its largest on record. ### Who backed Hedgehog first? Hedgehog's first round on record, in Aug 2021, was backed by Y Combinator, Dragonfly Capital Partners and Orange DAO and 1 others. ### What stage is Hedgehog at? Hedgehog's latest named round is a Seed, in Nov 2025. ### Where is Hedgehog based? Hedgehog is based in the United States. ## Companies like Hedgehog In the same sector, and raised in the last eighteen months. [**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor) ## 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