# Kiwi funding: rounds and investors > Kiwi has raised $34M across 2 rounds since 2025. Investors include Advent-Morro Equity Partners, LIP Ventures and Beau Woodward. Every round with its source. Source: https://millionrounds.com/company/kiwi (Millionrounds; every figure on the page links to its filing or article) Puerto Rico · [Series B startup](https://millionrounds.com/companies) # Who invested in *Kiwi* 2 rounds we have observed, with the 12 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. Financial Services Fintech Healthcare Follow Kiwi and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fkiwi) Funding summary Updated 5 Nov 2026 **$34M** raised across 2 rounds since 2025, from 4 sources **$10M** Seed **$24M** Series B - **Latest round:** Series B, $24M Aug 2025 - **Step-up i:** 2.4× - **Investors:** 12 (5 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. 2026 **$10M** Seed **$24M** Series B - **First round:** Seed, $10M - **Biggest round:** $24M - **Between rounds:** 3 months ## The rounds - **Aug 2025** Series B **$24M** *3 new* [U.S. Venture Partners](https://millionrounds.com/fund/u-s-venture-partners-usvp) [Nexus Venture Partners](https://millionrounds.com/fund/nexus-venture-partners) [Vertex Ventures](https://millionrounds.com/fund/vertex-ventures) Source recorded - **May 2025** Seed **$10M** *9 new* [Advent-Morro Equity Partners](https://millionrounds.com/fund/advent-morro-equity-partners) Lead [LIP Ventures](https://millionrounds.com/fund/lip-ventures) Lead [Beau Woodward](https://millionrounds.com/fund/beau-woodward) Lead [Jacob Panero](https://millionrounds.com/fund/jacob-panero) Lead [Tyler Johson](https://millionrounds.com/fund/tyler-johson) Lead [Morro Ventures](https://millionrounds.com/fund/morro-ventures) [Neer Venture Partners](https://millionrounds.com/fund/neer-venture-partners) [Independent Capital](https://millionrounds.com/fund/independent-capital) [Invariantes Fund](https://millionrounds.com/fund/invariantes-fund) Reported by LatamList and 2 others ## 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. **Seed** 2025 **Series B** 2025 [Advent-Morro Equity Partners](https://millionrounds.com/fund/advent-morro-equity-partners) L [LIP Ventures](https://millionrounds.com/fund/lip-ventures) L [Beau Woodward](https://millionrounds.com/fund/beau-woodward) L [Jacob Panero](https://millionrounds.com/fund/jacob-panero) L [Tyler Johson](https://millionrounds.com/fund/tyler-johson) L [U.S. Venture Partners](https://millionrounds.com/fund/u-s-venture-partners-usvp) [Nexus Venture Partners](https://millionrounds.com/fund/nexus-venture-partners) [Vertex Ventures](https://millionrounds.com/fund/vertex-ventures) [Morro Ventures](https://millionrounds.com/fund/morro-ventures) [Neer Venture Partners](https://millionrounds.com/fund/neer-venture-partners) ## Everyone who backed them [Advent-Morro Equity Partners](https://millionrounds.com/fund/advent-morro-equity-partners) Private equity **1** round, led 1 [LIP Ventures](https://millionrounds.com/fund/lip-ventures) VC firm **1** round, led 1 [Beau Woodward](https://millionrounds.com/fund/beau-woodward) Angel **1** round, led 1 [Jacob Panero](https://millionrounds.com/fund/jacob-panero) VC firm **1** round, led 1 [Tyler Johson](https://millionrounds.com/fund/tyler-johson) VC firm **1** round, led 1 [U.S. Venture Partners](https://millionrounds.com/fund/u-s-venture-partners-usvp) VC firm **1** round [Nexus Venture Partners](https://millionrounds.com/fund/nexus-venture-partners) VC firm **1** round [Vertex Ventures](https://millionrounds.com/fund/vertex-ventures) VC firm **1** round [Morro Ventures](https://millionrounds.com/fund/morro-ventures) VC firm **1** round [Neer Venture Partners](https://millionrounds.com/fund/neer-venture-partners) VC firm **1** round [Independent Capital](https://millionrounds.com/fund/independent-capital) VC firm **1** round [Invariantes Fund](https://millionrounds.com/fund/invariantes-fund) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=kiwi). ## Quick answers about Kiwi ### Who invested in Kiwi? Kiwi's investors include Advent-Morro Equity Partners, LIP Ventures, Beau Woodward, Jacob Panero and Tyler Johson, and 7 more on record. ### How much has Kiwi raised? Kiwi has raised $34M across 2 rounds since 2025. ### When did Kiwi last raise? Kiwi's most recent round was a Series B of $24M in Aug 2025. ### What was Kiwi's biggest round? Its most recent round, $24M in Aug 2025, is also its largest on record. ### Who backed Kiwi first? Kiwi's first round on record, in May 2025, was backed by Advent-Morro Equity Partners, LIP Ventures and Beau Woodward and 6 others. ### What stage is Kiwi at? Kiwi's latest named round is a Series B, in Aug 2025. ### Where is Kiwi based? Kiwi is based in Puerto Rico. ### Who led Kiwi's rounds? Advent-Morro Equity Partners led the Seed in 2025. ## Companies like Kiwi In the same sector, and raised in the last eighteen months. 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