United States · Series A startup

Who invested in Kevala

2 rounds we have observed, with the 6 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

Funding summaryUpdated 26 Oct 2026

$33Mraised across 2 rounds since 2021, from 2 sources

$21MSeries A$12MSeries A
Latest round
Series A, $12MFeb 2022
Biggest round
$21MSeries A · Aug 2021
Investors
6
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.

2022
$21MSeries A$12MSeries A
First round
Series A, $21M
Aug 2021
Biggest round
$21M
Series A · Aug 2021
Between rounds
6 months
from the last two

The rounds

  1. Feb 2022
    Series A$12M5 new

    Source recordedSEC filing: $12M sold, first sale Jun 2021

  2. Aug 2021
    Series A$21M1 new

    Source recordedSEC filing: $13M sold, first sale Mar 2021

Founders and team

From Kevala's own website and the SEC filings it signed: 1 founder, 3 on the team.

Aram ShumavonCEO, FounderNamed on its 2024 Form D
  • Cassandra QuaintanceVP of Operations
  • Emmanuel LevijarviVP of Software & Platform
  • Margot EverettVP of Analytics

On the board, as filediKurt SchererMark Ferron

AdvisersPete Skala

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

Costanoa VenturesVC firm1round
Elemental ImpactVC firm1round
Vulcan CapitalFamily office1round
High AlphaVC firm1round
PSL VenturesVC firm1round
Cercano ManagementVC firm1round

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

Also claim to have backed them

These 2 firms list Kevala as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Constellation EnergyVC firmPer its own site
Thin Line CapitalVC firmPer its own site

Quick answers about Kevala

Who invested in Kevala?

Kevala's investors include Costanoa Ventures, Elemental Impact, Vulcan Capital, High Alpha and PSL Ventures, and 1 more on record.

How much has Kevala raised?

Kevala has raised $33M across 2 rounds since 2021.

When did Kevala last raise?

Kevala's most recent round was a Series A of $12M in Feb 2022.

What was Kevala's biggest round?

Kevala's largest round on record is $21M (Series A), in Aug 2021.

Who backed Kevala first?

Kevala's first round on record, in Aug 2021, was backed by Elemental Impact.

What stage is Kevala at?

Kevala's latest named round is a Series A, in Feb 2022.

Where is Kevala based?

Kevala is based in the United States.

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