# Kite funding: rounds and investors

> Kite has raised $236M across 4 rounds since 2019. Investors include General Catalyst, PayPal Ventures and Y Combinator. Every round with its source.

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

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

# Who invested in *Kite*

4 rounds we have observed, with the 19 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.

AI Construction Web3 & Crypto

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Funding summary Updated 5 Nov 2026

**$236M** raised across 4 rounds since 2019, from 4 sources

**$17M** Series A **$200M** Venture **$500K** Pre-seed **$18M** Series A

- **Latest round:** Series A, $18M Sept 2025
- **Led by:** General Catalyst and PayPal Ventures
- **Biggest round:** $200M Venture · Apr 2023
- **Step-up i:** 36×
- **Investors:** 19 (2 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

**$17M** Series A

**$200M** Venture

**$500K** Pre-seed

**$18M** Series A

- **First round:** Series A, $17M
- **Biggest round:** $200M
- **Usual gap between rounds:** 2 years

## The rounds

- **Sept 2025** Series A **$18M** *16 new* [General Catalyst](https://millionrounds.com/fund/general-catalyst) Lead [PayPal Ventures](https://millionrounds.com/fund/paypal-ventures) Lead [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [8VC](https://millionrounds.com/fund/8vc) [Animoca Brands](https://millionrounds.com/fund/animoca-brands) [Samsung Next](https://millionrounds.com/fund/samsung-next) [Hashed](https://millionrounds.com/fund/hashed) [HashKey Capital](https://millionrounds.com/fund/hashkey-capital-2) [Essence VC](https://millionrounds.com/fund/essence-vc) [Avalanche Foundation](https://millionrounds.com/fund/avalanche-foundation) [Alchemy](https://millionrounds.com/fund/alchemy) [Layer Zero](https://millionrounds.com/fund/layerzero) [Dispersion Capital](https://millionrounds.com/fund/dispersion-capital) [SBI US Gateway Fund](https://millionrounds.com/fund/sbi-us-gateway-fund) [GSR Markets](https://millionrounds.com/fund/gsr-markets) Vertex Ventures Reported by TechStartups
- **Sept 2023** Pre-seed **$500K** *1 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) Source recorded
- **Apr 2023** Venture **$200M** *1 new* [Blackstone Group](https://millionrounds.com/fund/blackstone-group) Source recorded
- **Jan 2019** Series A **$17M** *1 new* Trinity Ventures/ Nat Friedman Reported by FinSMEs

## 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** 2019 **Venture** 2023 **Pre-seed** 2023 **Series A** 2025 [General Catalyst](https://millionrounds.com/fund/general-catalyst) L [PayPal Ventures](https://millionrounds.com/fund/paypal-ventures) L [Y Combinator](https://millionrounds.com/fund/y-combinator) [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [8VC](https://millionrounds.com/fund/8vc) [Animoca Brands](https://millionrounds.com/fund/animoca-brands) [Samsung Next](https://millionrounds.com/fund/samsung-next) [Hashed](https://millionrounds.com/fund/hashed) [Blackstone Group](https://millionrounds.com/fund/blackstone-group) [HashKey Capital](https://millionrounds.com/fund/hashkey-capital-2)

## Everyone who backed them

[General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **1** round, led 1

[PayPal Ventures](https://millionrounds.com/fund/paypal-ventures) Corporate VC **1** round, led 1

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round

[8VC](https://millionrounds.com/fund/8vc) VC firm **1** round

[Animoca Brands](https://millionrounds.com/fund/animoca-brands) Accelerator **1** round

[Samsung Next](https://millionrounds.com/fund/samsung-next) Corporate VC **1** round

[Hashed](https://millionrounds.com/fund/hashed) VC firm **1** round

[Blackstone Group](https://millionrounds.com/fund/blackstone-group) Private equity **1** round

[HashKey Capital](https://millionrounds.com/fund/hashkey-capital-2) VC firm **1** round

[Essence VC](https://millionrounds.com/fund/essence-vc) VC firm **1** round

[Avalanche Foundation](https://millionrounds.com/fund/avalanche-foundation) VC firm **1** round

[Alchemy](https://millionrounds.com/fund/alchemy) VC firm **1** round

[Layer Zero](https://millionrounds.com/fund/layerzero) Investment firm **1** round

[Dispersion Capital](https://millionrounds.com/fund/dispersion-capital) VC firm **1** round

[SBI US Gateway Fund](https://millionrounds.com/fund/sbi-us-gateway-fund) VC firm **1** round

[GSR Markets](https://millionrounds.com/fund/gsr-markets) VC firm **1** round

Trinity Ventures/ Nat Friedman no record of our own yet **1** round

Vertex Ventures 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=kite).

## Also claim to have backed them

These 2 firms list Kite 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.

[AAF Management Ltd.](https://millionrounds.com/fund/aaf-management-ltd) VC firm Per its own site

[West Quad Ventures](https://millionrounds.com/fund/west-quad-ventures) VC firm Per its own site

## Quick answers about Kite

### Who invested in Kite?

Kite's investors include General Catalyst, PayPal Ventures, Y Combinator, Alumni Ventures and 8VC, and 14 more on record. General Catalyst led its latest round.

### How much has Kite raised?

Kite has raised $236M across 4 rounds since 2019.

### When did Kite last raise?

Kite's most recent round was a Series A of $18M in Sept 2025, led by General Catalyst.

### What was Kite's biggest round?

Kite's largest round on record is $200M (Venture), in Apr 2023.

### Who backed Kite first?

Kite's first round on record, in Jan 2019, was backed by Trinity Ventures/ Nat Friedman.

### What stage is Kite at?

Kite's latest named round is a Series A, in Sept 2025.

### Where is Kite based?

Kite is based in the United States.

### Who led Kite's rounds?

General Catalyst led the Series A in 2025.

## Companies like Kite

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

[**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)

## Find investors like these

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