# iZettle funding: rounds and investors

> iZettle has raised $391M across 11 rounds since 2011. Investors include Index Ventures, Creandum and Northzone. Every round with its source.

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

Sweden · [Series E startup](https://millionrounds.com/companies)

# Who invested in *iZettle*

11 rounds we have observed, with the 20 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.

Fintech

Funding summary Updated 26 Oct 2026

**$391M** raised across 11 rounds since 2011, from 11 sources

**$15M** Series A **$31M** Series B **$6.6M** Growth **$55M** Series C **$67M** Series D **$68M** Series D **$64M** Debt **$36M** Debt **$47M** Series E

- **Latest round:** Series E, $47M Dec 2017
- **Biggest round:** $68M Series D · Oct 2015
- **Step-up i:** 1.3×
- **Investors:** 20

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 2013 2014 2015 2016 2017

**$15M** Series A

**$31M** Series B

**$6.6M** Growth

**$55M** Series C

**?** Series C

**?** Series D

**$64M** Debt

**$36M** Debt

**$47M** Series E

- **First round:** Series A, $15M
- **Biggest round:** $68M
- **Usual gap between rounds:** 8 months

## The rounds

- **Dec 2017** Series E **$47M** *2 new* *4 returning* [Index Ventures](https://millionrounds.com/fund/index-ventures) [European Investment Bank](https://millionrounds.com/fund/european-investment-bank) [Northzone](https://millionrounds.com/fund/northzone) [Creandum](https://millionrounds.com/fund/creandum) [Dawn Capital](https://millionrounds.com/fund/dawn-capital) The Fourth Swedish National Pension Fund Reported by FinSMEs
- **Sept 2017** Debt **$36M** *1 new* European Growth Finance Facility Reported by FinSMEs
- **Jan 2017** Debt **$64M** *1 new* [Victory Park Capital Advisors](https://millionrounds.com/fund/victory-park-capital) Reported by FinSMEs
- **Oct 2015** Series D **$68M** *1 new* *6 returning* [Intel Capital](https://millionrounds.com/fund/intel-capital) [Index Ventures](https://millionrounds.com/fund/index-ventures) [Northzone](https://millionrounds.com/fund/northzone) [Creandum](https://millionrounds.com/fund/creandum) [Dawn Capital](https://millionrounds.com/fund/dawn-capital) [MCI Capital SA](https://millionrounds.com/fund/mci-capital-sa) [Zouk Capital](https://millionrounds.com/fund/zouk-capital) From a historical funding record
- **Aug 2015** Series D **$67M** *1 new* *7 returning* [Intel Capital](https://millionrounds.com/fund/intel-capital) [Index Ventures](https://millionrounds.com/fund/index-ventures) [Northzone](https://millionrounds.com/fund/northzone) [Creandum](https://millionrounds.com/fund/creandum) [Dawn Capital](https://millionrounds.com/fund/dawn-capital) [Zouk Capital](https://millionrounds.com/fund/zouk-capital) [Santander InnoVentures](https://millionrounds.com/fund/santander-innoventures) [Hermes GPE](https://millionrounds.com/fund/hermes-gpe) From a historical funding record
- **Jul 2015** Series D **Amount undisclosed** *1 returning* 83North From a historical funding record
- **Jun 2015** Series C **Amount undisclosed** *1 returning* 83North From a historical funding record
- **Apr 2014** Series C **$55M** *4 new* *5 returning* [Intel Capital](https://millionrounds.com/fund/intel-capital) [Index Ventures](https://millionrounds.com/fund/index-ventures) [Greylock](https://millionrounds.com/fund/greylock-partners) [Northzone](https://millionrounds.com/fund/northzone) [Creandum](https://millionrounds.com/fund/creandum) [Dawn Capital](https://millionrounds.com/fund/dawn-capital) [Hasso Plattner Ventures](https://millionrounds.com/fund/hasso-plattner-ventures) [Zouk Capital](https://millionrounds.com/fund/zouk-capital) 83North From a historical funding record
- **Jun 2013** Growth **$6.6M** *1 new* [Santander InnoVentures](https://millionrounds.com/fund/santander-innoventures) From a historical funding record
- **Jun 2012** Series B **$31M** *7 new* *2 returning* [Index Ventures](https://millionrounds.com/fund/index-ventures) [Greylock](https://millionrounds.com/fund/greylock-partners) [Northzone](https://millionrounds.com/fund/northzone) [Creandum](https://millionrounds.com/fund/creandum) [MasterCard](https://millionrounds.com/fund/mastercard) [American Express Ventures](https://millionrounds.com/fund/american-express-ventures) [SEB Private Equity](https://millionrounds.com/fund/seb-private-equity) [Mastercard Worldwide](https://millionrounds.com/fund/mastercard-worldwide) 83North Reported by techcrunch.com
- **Oct 2011** Series A **$15M** *2 new* [Index Ventures](https://millionrounds.com/fund/index-ventures) [Creandum](https://millionrounds.com/fund/creandum) Reported by techcrunch.com

## 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.

**Series C** 2014 **Series C** 2015 **Series D** 2015 **Series D** 2015 **Series D** 2015 **Debt** 2017 **Debt** 2017 **Series E** 2017 [Index Ventures](https://millionrounds.com/fund/index-ventures) [Creandum](https://millionrounds.com/fund/creandum) [Northzone](https://millionrounds.com/fund/northzone) [Dawn Capital](https://millionrounds.com/fund/dawn-capital) 83North [Intel Capital](https://millionrounds.com/fund/intel-capital) [Zouk Capital](https://millionrounds.com/fund/zouk-capital) [Greylock](https://millionrounds.com/fund/greylock-partners) [Santander InnoVentures](https://millionrounds.com/fund/santander-innoventures) [European Investment Bank](https://millionrounds.com/fund/european-investment-bank)

## Everyone who backed them

[Index Ventures](https://millionrounds.com/fund/index-ventures) VC firm **6** rounds

[Creandum](https://millionrounds.com/fund/creandum) VC firm **6** rounds

[Northzone](https://millionrounds.com/fund/northzone) VC firm **5** rounds

[Dawn Capital](https://millionrounds.com/fund/dawn-capital) VC firm **4** rounds

83North no record of our own yet **4** rounds

[Intel Capital](https://millionrounds.com/fund/intel-capital) Corporate VC **3** rounds

[Zouk Capital](https://millionrounds.com/fund/zouk-capital) Private equity **3** rounds

[Greylock](https://millionrounds.com/fund/greylock-partners) VC firm **2** rounds

[Santander InnoVentures](https://millionrounds.com/fund/santander-innoventures) Growth equity **2** rounds

[European Investment Bank](https://millionrounds.com/fund/european-investment-bank) Government **1** round

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

[American Express Ventures](https://millionrounds.com/fund/american-express-ventures) VC firm **1** round

[Hasso Plattner Ventures](https://millionrounds.com/fund/hasso-plattner-ventures) VC firm **1** round

[MCI Capital SA](https://millionrounds.com/fund/mci-capital-sa) Private equity **1** round

[Victory Park Capital Advisors](https://millionrounds.com/fund/victory-park-capital) Private equity **1** round

[Hermes GPE](https://millionrounds.com/fund/hermes-gpe) Private equity **1** round

[SEB Private Equity](https://millionrounds.com/fund/seb-private-equity) Growth equity **1** round

[Mastercard Worldwide](https://millionrounds.com/fund/mastercard-worldwide) Investment firm **1** round

European Growth Finance Facility no record of our own yet **1** round

The Fourth Swedish National Pension Fund 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=izettle).

## Quick answers about iZettle

### Who invested in iZettle?

iZettle's investors include Index Ventures, Creandum, Northzone, Dawn Capital and 83North, and 15 more on record.

### How much has iZettle raised?

iZettle has raised $391M across 11 rounds since 2011. 2 rounds did not disclose an amount, so the total is a floor.

### When did iZettle last raise?

iZettle's most recent round was a Series E of $47M in Dec 2017.

### What was iZettle's biggest round?

iZettle's largest round on record is $68M (Series D), in Oct 2015.

### Who backed iZettle first?

iZettle's first round on record, in Oct 2011, was backed by Index Ventures and Creandum.

### What stage is iZettle at?

iZettle's latest named round is a Series E, in Dec 2017.

### Where is iZettle based?

iZettle is based in Sweden.

## Companies like iZettle

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

[**Float** $20M · Jul 2026](https://millionrounds.com/company/float)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Ghanem** $1.5M · Oct 2026](https://millionrounds.com/company/ghanem)[**Cashin** $404K · Oct 2026](https://millionrounds.com/company/cashin)[**Cashbanx** $4.1M · Oct 2026](https://millionrounds.com/company/cashbanx)

## 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
