# Iotas funding: rounds and investors

> Iotas has raised $8.5M across 1 round since 2019. Investors include TELUS Ventures, National Science Foundation and Intel Capital. Every round with its source.

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

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

# Who invested in *Iotas*

One round we have observed, with the 5 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Proptech

Funding summary Updated 26 Oct 2026

**$8.5M** raised across 1 round since 2019, from 1 source

- **Latest round:** Series A, $8.5M Oct 2019
- **Led by:** TELUS Ventures
- **Investors:** 5 (1 led)

See who backed them

## The rounds

- **Oct 2019** Series A **$8.5M** [TELUS Ventures](https://millionrounds.com/fund/telus-pollinator-fund-for-good) Lead [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [Intel Capital](https://millionrounds.com/fund/intel-capital) [Portfolia](https://millionrounds.com/fund/portfolia) [Liberty Global](https://millionrounds.com/fund/liberty-global) Reported by FinSMEs SEC filing: $11M sold, first sale Sept 2019

## Founders and team

From the SEC filings it signed: 5 on the team.

- **Ian Scrymgeour** Executive Officer i
- **Jeremy Steinhauer** Executive Officer i
- **Layne Spencer** Executive Officer i
- **Scevhur Pike** Executive Officer, Director i
- **Steve Sample** Executive Officer i

On the board, as filed i *Don Parsons* *Jason Macdonnell* *Laura Lang* *Timothy Enwall*

## Everyone who backed them

[TELUS Ventures](https://millionrounds.com/fund/telus-pollinator-fund-for-good) Corporate VC **1** round, led 1

[National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government **1** round

[Intel Capital](https://millionrounds.com/fund/intel-capital) Corporate VC **1** round

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

[Liberty Global](https://millionrounds.com/fund/liberty-global) Corporate VC **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=iotas).

## Quick answers about Iotas

### Who invested in Iotas?

Iotas's investors include TELUS Ventures, National Science Foundation, Intel Capital, Portfolia and Liberty Global. TELUS Ventures led its latest round.

### How much has Iotas raised?

Iotas has raised $8.5M across 1 round since 2019.

### When did Iotas last raise?

Iotas's most recent round was a Series A of $8.5M in Oct 2019, led by TELUS Ventures.

### What was Iotas's biggest round?

Its most recent round, $8.5M in Oct 2019, is also its largest on record.

### Who backed Iotas first?

Iotas's first round on record, in Oct 2019, was backed by TELUS Ventures, National Science Foundation and Intel Capital and 2 others.

### What stage is Iotas at?

Iotas's latest named round is a Series A, in Oct 2019.

### Where is Iotas based?

Iotas is based in the United States.

### Who led Iotas's rounds?

TELUS Ventures led the Series A in 2019.

## Companies like Iotas

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

[**MARC** $5.0M · Oct 2026](https://millionrounds.com/company/marc)[**DrizzleX** $9.1M · Oct 2026](https://millionrounds.com/company/drizzlex)[**Homa** $5.0M · Oct 2026](https://millionrounds.com/company/homa)[**snag** $4.0M · Oct 2026](https://millionrounds.com/company/snag)[**Homeward** $136M · Oct 2026](https://millionrounds.com/company/homeward)[**EliseAI** $635M · Sept 2026](https://millionrounds.com/company/eliseai)

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