# Kasada funding: rounds and investors

> Kasada has raised $47M across 3 rounds since 2019. Investors include Main Sequence Ventures, EQT and StepStone Group. Every round with its source.

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

Australia · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Kasada*

3 rounds we have observed, with the 9 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 Cybersecurity Defence Tech

Raised 9 months ago

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Funding summary Updated 5 Nov 2026

**$47M** raised across 3 rounds since 2019, from 3 sources

**$6.5M** Round **$20M** Round **$20M** Round

- **Latest round:** Round, $20M Feb 2026
- **Led by:** EQT
- **Investors:** 9 (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.

2019 2020 2021 2022 2023 2024 2025 2026

**$6.5M** Round

**$20M** Round

**$20M** Round

- **First round:** Round, $6.5M
- **Biggest round:** $20M
- **Usual gap between rounds:** 6.6 years

## The rounds

- **Feb 2026** Round **$20M** *1 new* *6 returning* [EQT](https://millionrounds.com/fund/eqt) Lead [StepStone Group](https://millionrounds.com/fund/stepstone-group) [Main Sequence Ventures](https://millionrounds.com/fund/main-sequence) [Ten Eleven Ventures](https://millionrounds.com/fund/ten-eleven-ventures) [Reinventure](https://millionrounds.com/fund/reinventure) [Our Innovation Fund](https://millionrounds.com/fund/our-innovation-fund) [Turnbull & Partners](https://millionrounds.com/fund/turnbull-and-partners) Reported by Ventureburn
- **Dec 2025** Round **$20M** *6 new* *1 returning* [StepStone Group](https://millionrounds.com/fund/stepstone-group) [Main Sequence Ventures](https://millionrounds.com/fund/main-sequence) [Ten Eleven Ventures](https://millionrounds.com/fund/ten-eleven-ventures) [OIF Ventures](https://millionrounds.com/fund/oif-ventures) [EQT](https://millionrounds.com/fund/eqt) [Reinventure](https://millionrounds.com/fund/reinventure) [Turnbull & Partners](https://millionrounds.com/fund/turnbull-and-partners) Reported by Startup Daily
- **May 2019** Round **$6.5M** *2 new* [Main Sequence Ventures](https://millionrounds.com/fund/main-sequence) Westpac’s Reinventure Group Reported by Afr

## Founders and team

From Kasada's own website: 1 founder, 4 on the team.

**Sam Crowther** Founder & CEO

- **Rob Goss** Chief Financial Officer
- **Jonathon Hope** Head of Product
- **Lizzie Creed** Head of People & Culture
- **Ray Tung** VP of Engineering

## 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.

**Round** 2019 **Round** 2025 **Round** 2026 [Main Sequence Ventures](https://millionrounds.com/fund/main-sequence) [EQT](https://millionrounds.com/fund/eqt) L [StepStone Group](https://millionrounds.com/fund/stepstone-group) [Ten Eleven Ventures](https://millionrounds.com/fund/ten-eleven-ventures) [Reinventure](https://millionrounds.com/fund/reinventure) [Turnbull & Partners](https://millionrounds.com/fund/turnbull-and-partners) [OIF Ventures](https://millionrounds.com/fund/oif-ventures) [Our Innovation Fund](https://millionrounds.com/fund/our-innovation-fund) Westpac’s Reinventure Group

## Everyone who backed them

[Main Sequence Ventures](https://millionrounds.com/fund/main-sequence) VC firm **3** rounds

[EQT](https://millionrounds.com/fund/eqt) Private equity **2** rounds, led 1

[StepStone Group](https://millionrounds.com/fund/stepstone-group) Fund of funds **2** rounds

[Ten Eleven Ventures](https://millionrounds.com/fund/ten-eleven-ventures) VC firm **2** rounds

[Reinventure](https://millionrounds.com/fund/reinventure) VC firm **2** rounds

[Turnbull & Partners](https://millionrounds.com/fund/turnbull-and-partners) Investment firm **2** rounds

[OIF Ventures](https://millionrounds.com/fund/oif-ventures) VC firm **1** round

[Our Innovation Fund](https://millionrounds.com/fund/our-innovation-fund) VC firm **1** round

Westpac’s Reinventure Group 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=kasada).

## Also claim to have backed them

This firm lists Kasada as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[AfricaGoGreen Fund](https://millionrounds.com/fund/africa-go-green-fund) Private credit Per its own site

## Quick answers about Kasada

### Who invested in Kasada?

Kasada's investors include Main Sequence Ventures, EQT, StepStone Group, Ten Eleven Ventures and Reinventure, and 4 more on record. EQT led its latest round.

### How much has Kasada raised?

Kasada has raised $47M across 3 rounds since 2019.

### When did Kasada last raise?

Kasada's most recent round, $20M, was in Feb 2026, led by EQT.

### What was Kasada's biggest round?

Its most recent round, $20M in Feb 2026, is also its largest on record.

### Who backed Kasada first?

Kasada's first round on record, in May 2019, was backed by Main Sequence Ventures and Westpac’s Reinventure Group.

### What stage is Kasada at?

Kasada's latest named round is an Undisclosed round, in May 2019.

### Where is Kasada based?

Kasada is based in Australia.

### Who led Kasada's rounds?

EQT led the funding round in 2026.

## Companies like Kasada

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

[**HEX** $101M · Oct 2026](https://millionrounds.com/company/hex)[**Austal** $245M · Oct 2026](https://millionrounds.com/company/austal)[**Apate.AI** $11M · Aug 2026](https://millionrounds.com/company/apate-ai)[**Superstat** $3.5M · Jul 2026](https://millionrounds.com/company/superstat)[**Emesent** $18M · Jul 2026](https://millionrounds.com/company/emesent)[**QuantX Labs** $5.0M · Jun 2026](https://millionrounds.com/company/quantx-labs)

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