United States · Series E startup

Who invested in Incipient

5 rounds we have observed, with the 8 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.

IT Services

Funding summaryUpdated 26 Oct 2026

$85Mraised across 5 rounds since 2003, from 5 sources

$15MSeries B$10MSeries B$20MSeries C$24MSeries D$16MSeries E
Latest round
Series E, $16MFeb 2008
Biggest round
$24MSeries D · Jan 2006
Investors
8
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.

200320042005200620072008
$15MSeries B$10MSeries B$20MSeries C$24MSeries D$16MSeries E
First round
Series B, $15M
Mar 2003
Biggest round
$24M
Series D · Jan 2006
Usual gap between rounds
15 months
the median of 4

The rounds

  1. Feb 2008
  2. Jan 2006
  3. Jan 2005
    Series C$20M1 new4 returning

    From a historical funding record

  4. Oct 2003
    Series B$10M1 new3 returning

    From a historical funding record

  5. Mar 2003
    Series B$15M3 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

GreylockVC firm5rounds
Sigma PartnersVC firm5rounds
GrandBanks CapitalVC firm3rounds
QuestMark PartnersVC firm2rounds
Wasatch AdvisorsGrowth equity2rounds
Cross Creek CapitalVC firm1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Incipient

Who invested in Incipient?

Incipient's investors include Greylock, Sigma Partners, Globespan Capital Partners, HLM Investment Partners and GrandBanks Capital, and 3 more on record.

How much has Incipient raised?

Incipient has raised $85M across 5 rounds since 2003.

When did Incipient last raise?

Incipient's most recent round was a Series E of $16M in Feb 2008.

What was Incipient's biggest round?

Incipient's largest round on record is $24M (Series D), in Jan 2006.

Who backed Incipient first?

Incipient's first round on record, in Mar 2003, was backed by Greylock, Sigma Partners and Globespan Capital Partners.

What stage is Incipient at?

Incipient's latest named round is a Series E, in Feb 2008.

Where is Incipient based?

Incipient is based in the United States.

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