# Kevala funding: rounds and investors

> Kevala has raised $33M across 2 rounds since 2021. Investors include Costanoa Ventures, Elemental Impact and Vulcan Capital. Every round with its source.

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

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

# 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 summary Updated 26 Oct 2026

**$33M** raised across 2 rounds since 2021, from 2 sources

**$21M** Series A **$12M** Series A

- **Latest round:** Series A, $12M Feb 2022
- **Biggest round:** $21M Series 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

**$21M** Series A

**$12M** Series A

- **First round:** Series A, $21M
- **Biggest round:** $21M
- **Between rounds:** 6 months

## The rounds

- **Feb 2022** Series A **$12M** *5 new* [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) [Vulcan Capital](https://millionrounds.com/fund/vulcan-capital) [High Alpha](https://millionrounds.com/fund/high-alpha) [PSL Ventures](https://millionrounds.com/fund/psl-ventures) [Cercano Management](https://millionrounds.com/fund/cercano-management) Source recorded SEC filing: $12M sold, first sale Jun 2021
- **Aug 2021** Series A **$21M** *1 new* [Elemental Impact](https://millionrounds.com/fund/elemental-impact) Source recorded SEC 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 Shumavon** CEO, Founder *Named on its 2024 Form D*

- **Cassandra Quaintance** VP of Operations
- **Emmanuel Levijarvi** VP of Software & Platform
- **Margot Everett** VP of Analytics

On the board, as filed i *Kurt Scherer* *Mark Ferron*

Advisers *Pete 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.

**Series A** 2021 **Series A** 2022 [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) [Elemental Impact](https://millionrounds.com/fund/elemental-impact) [Vulcan Capital](https://millionrounds.com/fund/vulcan-capital) [High Alpha](https://millionrounds.com/fund/high-alpha) [PSL Ventures](https://millionrounds.com/fund/psl-ventures) [Cercano Management](https://millionrounds.com/fund/cercano-management)

## Everyone who backed them

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

[Elemental Impact](https://millionrounds.com/fund/elemental-impact) VC firm **1** round

[Vulcan Capital](https://millionrounds.com/fund/vulcan-capital) Family office **1** round

[High Alpha](https://millionrounds.com/fund/high-alpha) VC firm **1** round

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

[Cercano Management](https://millionrounds.com/fund/cercano-management) VC firm **1** round

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

## 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 Energy](https://millionrounds.com/fund/constellation-energy) VC firm Per its own site

[Thin Line Capital](https://millionrounds.com/fund/thin-line-capital) VC firm Per 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.

## Companies like Kevala

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

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**DrizzleX** $9.1M · Oct 2026](https://millionrounds.com/company/drizzlex)[**Prism Data** $25M · Oct 2026](https://millionrounds.com/company/prism-data)[**Homa** $5.0M · Oct 2026](https://millionrounds.com/company/homa)

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