# Hedvig funding: rounds and investors > Hedvig has raised $97M across 7 rounds since 2012. Investors include True Ventures, Obvious Ventures and Redpoint. Every round with its source. Source: https://millionrounds.com/company/hedvig (Millionrounds; every figure on the page links to its filing or article) Sweden · [Series B startup](https://millionrounds.com/companies) # Who invested in *Hedvig* 7 rounds we have observed, with the 13 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 Fintech Insurtech Funding summary Updated 26 Oct 2026 **$97M** raised across 7 rounds since 2012, from 7 sources **$2.5M** Seed **$10M** Series A **$18M** Series B **$22M** Series C **$3.0M** Round **$10M** Round **$31M** Series B - **Latest round:** Series B, $31M Mar 2023 - **Step-up i:** 3× - **Investors:** 13 (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. 2012 2014 2016 2018 2020 2022 **$2.5M** Seed **$10M** Series A **$18M** Series B **$22M** Series C **$3.0M** Round **$10M** Round **$31M** Series B - **First round:** Seed, $2.5M - **Biggest round:** $31M - **Usual gap between rounds:** 21 months ## The rounds - **Mar 2023** Series B **$31M** *1 new* *2 returning* [Anthemis](https://millionrounds.com/fund/anthemis-group) [Cherry Ventures](https://millionrounds.com/fund/cherry-ventures) [Obvious Ventures](https://millionrounds.com/fund/obvious-ventures) Source recorded - **Aug 2019** Round **$10M** *3 new* [Obvious Ventures](https://millionrounds.com/fund/obvious-ventures) Lead [Cherry Ventures](https://millionrounds.com/fund/cherry-ventures) [D-Ax Corporate Venture Capital](https://millionrounds.com/fund/d-ax-corporate-venture-capital) Reported by TechCrunch - **Sept 2018** Round **$3.0M** *1 new* Cherry Ventures/ Khaled Helioui Reported by Markets - **Mar 2017** Series C **$22M** *3 new* *2 returning* [True Ventures](https://millionrounds.com/fund/true-ventures-2) [Vertex Ventures China](https://millionrounds.com/fund/vertex-ventures-china) [EDBI](https://millionrounds.com/fund/edbi) [Hewlett Packard Pathfinder](https://millionrounds.com/fund/hewlett-packard-pathfinder) Atlantic Bridge Ventures Reported by FinSMEs - **Jun 2015** Series B **$18M** *1 new* *2 returning* [True Ventures](https://millionrounds.com/fund/true-ventures-2) [Vertex Ventures China](https://millionrounds.com/fund/vertex-ventures-china) [Atlantic Bridge](https://millionrounds.com/fund/atlantic-bridge) From a historical funding record SEC filing: $18M sold, first sale May 2015 - **Jun 2013** Series A **$10M** *2 new* *1 returning* [Redpoint](https://millionrounds.com/fund/redpoint) [True Ventures](https://millionrounds.com/fund/true-ventures-2) [Atlantic Bridge](https://millionrounds.com/fund/atlantic-bridge) Reported by sec.gov SEC filing: $10.0M sold, first sale May 2013 - **Jun 2012** Seed **$2.5M** *2 new* [Redpoint](https://millionrounds.com/fund/redpoint) [True Ventures](https://millionrounds.com/fund/true-ventures) Reported by sec.gov SEC filing: $2.5M sold, first sale May 2012 ## 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** 2012 **Series A** 2013 **Series B** 2015 **Series C** 2017 **Round** 2018 **Round** 2019 **Series B** 2023 [True Ventures](https://millionrounds.com/fund/true-ventures-2) [Obvious Ventures](https://millionrounds.com/fund/obvious-ventures) L [Redpoint](https://millionrounds.com/fund/redpoint) [Vertex Ventures China](https://millionrounds.com/fund/vertex-ventures-china) [Cherry Ventures](https://millionrounds.com/fund/cherry-ventures) [Atlantic Bridge](https://millionrounds.com/fund/atlantic-bridge) [True Ventures](https://millionrounds.com/fund/true-ventures) [Anthemis](https://millionrounds.com/fund/anthemis-group) [EDBI](https://millionrounds.com/fund/edbi) [D-Ax Corporate Venture Capital](https://millionrounds.com/fund/d-ax-corporate-venture-capital) ## Everyone who backed them [True Ventures](https://millionrounds.com/fund/true-ventures-2) VC firm **3** rounds [Obvious Ventures](https://millionrounds.com/fund/obvious-ventures) Accelerator **2** rounds, led 1 [Redpoint](https://millionrounds.com/fund/redpoint) VC firm **2** rounds [Vertex Ventures China](https://millionrounds.com/fund/vertex-ventures-china) VC firm **2** rounds [Cherry Ventures](https://millionrounds.com/fund/cherry-ventures) VC firm **2** rounds [Atlantic Bridge](https://millionrounds.com/fund/atlantic-bridge) VC firm **2** rounds [True Ventures](https://millionrounds.com/fund/true-ventures) VC firm **1** round [Anthemis](https://millionrounds.com/fund/anthemis-group) VC firm **1** round [EDBI](https://millionrounds.com/fund/edbi) VC firm **1** round [D-Ax Corporate Venture Capital](https://millionrounds.com/fund/d-ax-corporate-venture-capital) Corporate VC **1** round [Hewlett Packard Pathfinder](https://millionrounds.com/fund/hewlett-packard-pathfinder) Corporate VC **1** round Atlantic Bridge Ventures no record of our own yet **1** round Cherry Ventures/ Khaled Helioui 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=hedvig). ## Quick answers about Hedvig ### Who invested in Hedvig? Hedvig's investors include True Ventures, Obvious Ventures, Redpoint, Vertex Ventures China and Cherry Ventures, and 8 more on record. ### How much has Hedvig raised? Hedvig has raised $97M across 7 rounds since 2012. ### When did Hedvig last raise? Hedvig's most recent round was a Series B of $31M in Mar 2023. ### What was Hedvig's biggest round? Its most recent round, $31M in Mar 2023, is also its largest on record. ### Who backed Hedvig first? Hedvig's first round on record, in Jun 2012, was backed by Redpoint and True Ventures. ### What stage is Hedvig at? Hedvig's latest named round is a Series B, in Mar 2023. ### Where is Hedvig based? Hedvig is based in Sweden. ### Who led Hedvig's rounds? Obvious Ventures led the Undisclosed round in 2019. ## Companies like Hedvig In the same sector, and raised in the last eighteen months. 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