# Koah funding: rounds and investors > Koah has raised $26M across 2 rounds since 2025. Investors include Forerunner Ventures, South Park Commons and Andrew Karam. Every round with its source. Source: https://millionrounds.com/company/koah (Millionrounds; every figure on the page links to its filing or article) United States · [Series A startup](https://millionrounds.com/companies) # Who invested in *Koah* 2 rounds we have observed, with the 4 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 Raised 9 months ago Follow Koah and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fkoah) Funding summary Updated 15 Nov 2026 **$26M** raised across 2 rounds since 2025, from 3 sources **$5.0M** Seed **$21M** Series A - **Latest round:** Series A, $21M Feb 2026 - **Led by:** Theory Ventures - **Step-up i:** 4.1× - **Investors:** 4 (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. 2026 **$5.0M** Seed **$21M** Series A - **First round:** Seed, $5.0M - **Biggest round:** $21M - **Between rounds:** 6 months ## The rounds - **Feb 2026** Series A **$21M** *1 new* *3 returning* [Theory Ventures](https://millionrounds.com/fund/theory-ventures) Lead [Forerunner Ventures](https://millionrounds.com/fund/forerunner-ventures) [South Park Commons](https://millionrounds.com/fund/south-park-commons) [Andrew Karam](https://millionrounds.com/fund/andrew-karam) Reported by Ventureburn and 1 other - **Sept 2025** Seed **$5.0M** *3 new* [Forerunner Ventures](https://millionrounds.com/fund/forerunner-ventures) Lead [South Park Commons](https://millionrounds.com/fund/south-park-commons) [Andrew Karam](https://millionrounds.com/fund/andrew-karam) Reported by TechCrunch ## 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 A** 2026 [Forerunner Ventures](https://millionrounds.com/fund/forerunner-ventures) L [South Park Commons](https://millionrounds.com/fund/south-park-commons) [Andrew Karam](https://millionrounds.com/fund/andrew-karam) [Theory Ventures](https://millionrounds.com/fund/theory-ventures) L ## Everyone who backed them [Forerunner Ventures](https://millionrounds.com/fund/forerunner-ventures) VC firm **2** rounds, led 1 [South Park Commons](https://millionrounds.com/fund/south-park-commons) Accelerator **2** rounds [Andrew Karam](https://millionrounds.com/fund/andrew-karam) VC firm **2** rounds [Theory Ventures](https://millionrounds.com/fund/theory-ventures) VC firm **1** round, led 1 Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=koah). ## Quick answers about Koah ### Who invested in Koah? Koah's investors include Forerunner Ventures, South Park Commons, Andrew Karam and Theory Ventures. Theory Ventures led its latest round. ### How much has Koah raised? Koah has raised $26M across 2 rounds since 2025. ### When did Koah last raise? Koah's most recent round was a Series A of $21M in Feb 2026, led by Theory Ventures. ### What was Koah's biggest round? Its most recent round, $21M in Feb 2026, is also its largest on record. ### Who backed Koah first? Koah's first round on record, in Sept 2025, was backed by Forerunner Ventures, South Park Commons and Andrew Karam. ### What stage is Koah at? Koah's latest named round is a Series A, in Feb 2026. ### Where is Koah based? Koah is based in the United States. ### Who led Koah's rounds? Forerunner Ventures led the Seed in 2025; Theory Ventures led the Series A in 2026. ## Companies like Koah In the same sector, and raised in the last eighteen months. [**LangChain** $425M · Nov 2026](https://millionrounds.com/company/langchain)[**VuMedi** $142M · Nov 2026](https://millionrounds.com/company/vumedi)[**Betterness** $3.5M · Nov 2026](https://millionrounds.com/company/betterness)[**Axle** $12M · Nov 2026](https://millionrounds.com/company/axle)[**CrunchAtlas** $250K · Nov 2026](https://millionrounds.com/company/crunchatlas)[**Soofa** Nov 2026](https://millionrounds.com/company/soofa) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app