# KnowBe4 funding: rounds and investors > KnowBe4 has raised $1.8B across 4 rounds since 2017. Investors include Elephant, Ten Eleven Ventures and KKR. Every round with its source. Source: https://millionrounds.com/company/knowbe4 (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *KnowBe4* 4 rounds we have observed, with the 7 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. Cybersecurity IT Services Funding summary Updated 26 Oct 2026 **$1.8B** raised across 4 rounds since 2017, from 4 sources **$5.0M** Round **$30M** Series B **$300M** Round **$1.5B** Debt - **Latest round:** Debt, $1.5B Jun 2025 - **Step-up i:** 5× - **Investors:** 7 (1 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. 2017 2019 2021 2023 2025 **$5.0M** Round **$30M** Series B **$300M** Round **$1.5B** Debt - **First round:** Round, $5.0M - **Biggest round:** $1.5B - **Usual gap between rounds:** 20 months ## The rounds - **Jun 2025** Debt **$1.5B** *3 new* *2 returning* [JP Morgan](https://millionrounds.com/fund/jpmorgan) [JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase) [Eleven Ventures](https://millionrounds.com/fund/eleven-ventures-3) [Ten Eleven Ventures](https://millionrounds.com/fund/ten-eleven-ventures) [Elephant](https://millionrounds.com/fund/elephant) Source recorded - **Jun 2019** Round **$300M** *2 new* *1 returning* [KKR](https://millionrounds.com/fund/kkr) Lead [Ten Eleven Ventures](https://millionrounds.com/fund/ten-eleven-ventures) [Elephant](https://millionrounds.com/fund/elephant) Reported by FinSMEs SEC filing: $309M sold, first sale Jun 2019 - **Oct 2017** Series B **$30M** *1 new* Goldman Sachs Growth Equity/ Elephant Reported by FinSMEs SEC filing: $30M sold, first sale Oct 2017 - **Mar 2017** Round **$5.0M** *1 new* [Elephant](https://millionrounds.com/fund/elephant) Reported by Bizjournals SEC filing: $5.2M sold, first sale Feb 2017 ## Founders and team From KnowBe4's own website and the SEC filings it signed: 16 on the team. - **Bryan Palma** Chief Executive Officer & President - **Alex Callihan** Chief Technology Officer - **Alicia Tawil** Chief Legal Officer - **Andrew Kanzer** Chief Growth Officer - **Brian Jack** Chief Information Security Officer - **Greg Kras** Chief Product Officer - **Joel Kemmerer** Chief Information Officer - **Kelly Morgan** Chief Customer Officer - **Mark Patton** Chief Scientist - **Ryan Stelzer** Chief of Staff - **Veena Bricker** Chief Human Resources Officer - **Yuneeb Khan** Chief Financial Officer - **Fran Roberts** General Manager, KnowBe4 Studios - **Lars Letonoff** Executive Officer i - **Shrikrishna Venkataraman** Executive Officer i - **Sjoerd Sjouwerman** Executive Officer, Director i On the board, as filed i *Alex Eckelberry* *Jeremiah Daly* *Joseph DiSabato* *Kevin Mitnick* *Stephen Shanley* ## 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. **Round** 2017 **Series B** 2017 **Round** 2019 **Debt** 2025 [Elephant](https://millionrounds.com/fund/elephant) [Ten Eleven Ventures](https://millionrounds.com/fund/ten-eleven-ventures) [KKR](https://millionrounds.com/fund/kkr) L [JP Morgan](https://millionrounds.com/fund/jpmorgan) [JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase) [Eleven Ventures](https://millionrounds.com/fund/eleven-ventures-3) Goldman Sachs Growth Equity/ Elephant ## Everyone who backed them [Elephant](https://millionrounds.com/fund/elephant) VC firm **3** rounds [Ten Eleven Ventures](https://millionrounds.com/fund/ten-eleven-ventures) VC firm **2** rounds [KKR](https://millionrounds.com/fund/kkr) VC firm **1** round, led 1 [JP Morgan](https://millionrounds.com/fund/jpmorgan) Investment bank **1** round [JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase) Corporate VC **1** round [Eleven Ventures](https://millionrounds.com/fund/eleven-ventures-3) VC firm **1** round Goldman Sachs Growth Equity/ Elephant 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=knowbe4). ## Also claim to have backed them These 3 firms list KnowBe4 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. [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) VC firm Per its own site [Equity Group Investments](https://millionrounds.com/fund/equity-group-investments) VC firm Per its own site [Finback Investment Partners](https://millionrounds.com/fund/finback-investment-partners) Private equity Per its own site ## Quick answers about KnowBe4 ### Who invested in KnowBe4? KnowBe4's investors include Elephant, Ten Eleven Ventures, KKR, JP Morgan and JP Morgan Chase, and 2 more on record. ### How much has KnowBe4 raised? KnowBe4 has raised $1.8B across 4 rounds since 2017. ### When did KnowBe4 last raise? KnowBe4's most recent round was a Debt of $1.5B in Jun 2025. ### What was KnowBe4's biggest round? Its most recent round, $1.5B in Jun 2025, is also its largest on record. ### Who backed KnowBe4 first? KnowBe4's first round on record, in Mar 2017, was backed by Elephant. ### What stage is KnowBe4 at? KnowBe4's latest named round is a Debt, in Jun 2025. ### Where is KnowBe4 based? KnowBe4 is based in the United States. ### Who led KnowBe4's rounds? KKR led the Undisclosed round in 2019. ## Companies like KnowBe4 In the same sector, and raised in the last eighteen months. 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