# Kevel funding: rounds and investors > Kevel has raised $75M across 2 rounds since 2024. Investors include Commerce Ventures, Triangle Tweener Fund and Lighter Capital. Every round with its source. Source: https://millionrounds.com/company/kevel (Millionrounds; every figure on the page links to its filing or article) United States · [Growth startup](https://millionrounds.com/companies) # Who invested in *Kevel* 2 rounds we have observed, with the 8 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. Advertising & Adtech AI Retail Raised this month Funding summary Updated 26 Oct 2026 **$75M** raised across 2 rounds since 2024, from 2 sources **$23M** Series C **$52M** Growth - **Latest round:** Growth, $52M Oct 2026 - **Step-up i:** 2.3× - **Investors:** 8 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. 2024 2025 2026 **$23M** Series C **$52M** Growth - **First round:** Series C, $23M - **Biggest round:** $52M - **Between rounds:** 2.7 years ## The rounds - **Oct 2026** Growth **$52M** *4 new* [Fulcrum Equity Partners](https://millionrounds.com/fund/fulcrum-equity-partners) [Iberis Capital](https://millionrounds.com/fund/iberis-capital) [ORIX Corporation USA's (ORIX USA) Growth Capital business](https://millionrounds.com/fund/orix-corporation-usa-s-orix-usa-growth-capital-business) [dunnhumby Ventures LLC](https://millionrounds.com/fund/dunnhumby-ventures-llc) Reported by AI Insider - **Mar 2024** Series C **$23M** *4 new* [Commerce Ventures](https://millionrounds.com/fund/commerce-ventures) [Triangle Tweener Fund](https://millionrounds.com/fund/triangle-tweener-fund) [Lighter Capital](https://millionrounds.com/fund/lighter-capital) [AperiamVentures](https://millionrounds.com/fund/aperiam) Source recorded ## Founders and team From Kevel's own website: 17 on the team. - **James Avery** Chief Executive Officer - **Jaclyn Nix** Chief Operating Officer - **John Chaplin** Chief Product Officer - **Mike Kohn** Chief People Officer - **Tim Ewald** Chief Technology Officer - **Tom Shanahan** Chief Financial Officer - **Andrew McManamon** VP of Global Sales - **Benjamin Thompson** VP of Business Strategy - **Claire Hansen** VP of Customer Success - **Dylan Hulser** VP of Retail Media - **Joe McCorkle** VP of Sales, US and Canada - **Kate Gadzinski** VP of Business Operations - **Paulo Cunha** VP of Product - **Jim Douglass** Board Member - **Leslie Pierce-Connor** General Counsel - **Mark Mannino** Board Member - **Philip Lewis** Board Member Advisers *Matt Nichols* *Neil Callahan* ## 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** 2024 **Growth** 2026 [Commerce Ventures](https://millionrounds.com/fund/commerce-ventures) [Triangle Tweener Fund](https://millionrounds.com/fund/triangle-tweener-fund) [Lighter Capital](https://millionrounds.com/fund/lighter-capital) [AperiamVentures](https://millionrounds.com/fund/aperiam) [Fulcrum Equity Partners](https://millionrounds.com/fund/fulcrum-equity-partners) [Iberis Capital](https://millionrounds.com/fund/iberis-capital) [dunnhumby Ventures LLC](https://millionrounds.com/fund/dunnhumby-ventures-llc) [ORIX Corporation USA's (ORIX USA) Growth Capital business](https://millionrounds.com/fund/orix-corporation-usa-s-orix-usa-growth-capital-business) ## Everyone who backed them [Commerce Ventures](https://millionrounds.com/fund/commerce-ventures) VC firm **1** round [Triangle Tweener Fund](https://millionrounds.com/fund/triangle-tweener-fund) VC firm **1** round [Lighter Capital](https://millionrounds.com/fund/lighter-capital) VC firm **1** round [AperiamVentures](https://millionrounds.com/fund/aperiam) VC firm **1** round [Fulcrum Equity Partners](https://millionrounds.com/fund/fulcrum-equity-partners) VC firm **1** round [Iberis Capital](https://millionrounds.com/fund/iberis-capital) VC firm **1** round [dunnhumby Ventures LLC](https://millionrounds.com/fund/dunnhumby-ventures-llc) Growth equity **1** round [ORIX Corporation USA's (ORIX USA) Growth Capital business](https://millionrounds.com/fund/orix-corporation-usa-s-orix-usa-growth-capital-business) Growth equity **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=kevel). ## Also claim to have backed them These 3 firms list Kevel 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. [Great Oaks Venture Capital](https://millionrounds.com/fund/great-oaks-venture-capital) VC firm Per its own site [Commerce VC](https://millionrounds.com/fund/commerce-vc) VC firm Per its own site [Laika Ventures](https://millionrounds.com/fund/laika-ventures) Venture studio Per its own site ## Quick answers about Kevel ### Who invested in Kevel? Kevel's investors include Commerce Ventures, Triangle Tweener Fund, Lighter Capital, AperiamVentures and Fulcrum Equity Partners, and 3 more on record. ### How much has Kevel raised? Kevel has raised $75M across 2 rounds since 2024. ### When did Kevel last raise? Kevel's most recent round was a Growth of $52M in Oct 2026. ### What was Kevel's biggest round? Its most recent round, $52M in Oct 2026, is also its largest on record. ### Who backed Kevel first? Kevel's first round on record, in Mar 2024, was backed by Commerce Ventures, Triangle Tweener Fund and Lighter Capital and 1 others. ### What stage is Kevel at? Kevel's latest named round is a Growth, in Oct 2026. ### Where is Kevel based? Kevel is based in the United States. ## Companies like Kevel In the same sector, and raised in the last eighteen months. 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