# Kraken funding: rounds and investors

> Kraken has raised $1.7B across 4 rounds since 2019. Investors include Tribe Capital, HSG and Apollo. Every round with its source.

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

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

# Who invested in *Kraken*

4 rounds we have observed, with the 18 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 Energy Enterprise Software Fintech

Raised 2 months ago

Follow Kraken and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fkraken)

Funding summary Updated 5 Nov 2026

**$1.7B** raised across 4 rounds since 2019, from 7 sources

**$100M** Round **$500M** Round **$1.0B** Growth **$100M** Venture

- **Latest round:** Venture, $100M Sept 2026
- **Biggest round:** $1.0B Growth · Dec 2025
- **Investors:** 18 (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.

2019 2020 2021 2022 2023 2024 2025 2026

**$100M** Round

**$500M** Round

**$1.0B** Growth

**$100M** Venture

- **First round:** Round, $100M
- **Biggest round:** $1.0B
- **Usual gap between rounds:** 9 months

## The rounds

- **Sept 2026** Venture **$100M** *1 new* *3 returning* [HSG](https://millionrounds.com/fund/hsg) [Tribe Capital](https://millionrounds.com/fund/tribe-capital) [Blockchain Capital](https://millionrounds.com/fund/blockchain-capital) [Apollo](https://millionrounds.com/fund/apollo-global-management) Also list them on their own site [Shane Neman](https://millionrounds.com/fund/shane-neman) Source recorded
- **Dec 2025** Growth **$1.0B** *15 new* *1 returning* [D1 Capital Partners](https://millionrounds.com/fund/d1-capital-partners) Lead [HSG](https://millionrounds.com/fund/hsg) [SBI Investment](https://millionrounds.com/fund/sbi-investment) [Tribe Capital](https://millionrounds.com/fund/tribe-capital) [Apollo](https://millionrounds.com/fund/apollo-global-management) [Ontario Teachers' Pension Plan](https://millionrounds.com/fund/ontario-teachers-pension-plan) [Jane Street](https://millionrounds.com/fund/jane-street) [Durable Capital Partners Lp](https://millionrounds.com/fund/durable-capital-partners) [DRW](https://millionrounds.com/fund/drw) [Citadel Securities](https://millionrounds.com/fund/citadel-securities) [Fidelity International](https://millionrounds.com/fund/fidelity-international) [Ontario Teachers' Pension Plan Board](https://millionrounds.com/fund/ontario-teachers-pension-plan-board) [Arjun Sethi's family office](https://millionrounds.com/fund/arjun-sethi-s-family-office) [Octopus Capital](https://millionrounds.com/fund/octopus-capital) [Oppenheimer Alternative Investment Management](https://millionrounds.com/fund/oppenheimer-alternative-investment-management) [Origin Energy](https://millionrounds.com/fund/origin-energy) Also list them on their own site [Flux Capital](https://millionrounds.com/fund/flux-capital) Reported by TechStartups and 3 others
- **Sept 2025** Round **$500M** *2 new* [Tribe Capital](https://millionrounds.com/fund/tribe-capital) [Arjun Sethi](https://millionrounds.com/fund/arjun-sethi) Reported by Ventureburn
- **Feb 2019** Round **$100M** No investor was named in the report. Reported by Fortune

## 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** 2019 **Round** 2025 **Growth** 2025 **Venture** 2026 [Tribe Capital](https://millionrounds.com/fund/tribe-capital) [HSG](https://millionrounds.com/fund/hsg) [Apollo](https://millionrounds.com/fund/apollo-global-management) [D1 Capital Partners](https://millionrounds.com/fund/d1-capital-partners) L [SBI Investment](https://millionrounds.com/fund/sbi-investment) [Blockchain Capital](https://millionrounds.com/fund/blockchain-capital) [Ontario Teachers' Pension Plan](https://millionrounds.com/fund/ontario-teachers-pension-plan) [Jane Street](https://millionrounds.com/fund/jane-street) [Durable Capital Partners Lp](https://millionrounds.com/fund/durable-capital-partners) [Arjun Sethi](https://millionrounds.com/fund/arjun-sethi)

## Everyone who backed them

[Tribe Capital](https://millionrounds.com/fund/tribe-capital) VC firm **3** rounds

[HSG](https://millionrounds.com/fund/hsg) VC firm **2** rounds

[Apollo](https://millionrounds.com/fund/apollo-global-management) Private equity **2** rounds

[D1 Capital Partners](https://millionrounds.com/fund/d1-capital-partners) Hedge fund **1** round, led 1

[SBI Investment](https://millionrounds.com/fund/sbi-investment) VC firm **1** round

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

[Ontario Teachers' Pension Plan](https://millionrounds.com/fund/ontario-teachers-pension-plan) VC firm **1** round

[Jane Street](https://millionrounds.com/fund/jane-street) Growth equity **1** round

[Durable Capital Partners Lp](https://millionrounds.com/fund/durable-capital-partners) Private equity **1** round

[Arjun Sethi](https://millionrounds.com/fund/arjun-sethi) VC firm **1** round

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

[Citadel Securities](https://millionrounds.com/fund/citadel-securities) Growth equity **1** round

[Fidelity International](https://millionrounds.com/fund/fidelity-international) VC firm **1** round

[Ontario Teachers' Pension Plan Board](https://millionrounds.com/fund/ontario-teachers-pension-plan-board) Growth equity **1** round

[Arjun Sethi's family office](https://millionrounds.com/fund/arjun-sethi-s-family-office) Family office **1** round

[Octopus Capital](https://millionrounds.com/fund/octopus-capital) Growth equity **1** round

[Oppenheimer Alternative Investment Management](https://millionrounds.com/fund/oppenheimer-alternative-investment-management) Growth equity **1** round

[Origin Energy](https://millionrounds.com/fund/origin-energy) Corporate VC **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=kraken).

## Also claim to have backed them

These 40 firms list Kraken 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.

[Digital Currency Group](https://millionrounds.com/fund/digital-currency-group) VC firm Per its own site

[Hummingbird Ventures](https://millionrounds.com/fund/hummingbird-ventures) VC firm Per its own site

[Winklevoss Capital](https://millionrounds.com/fund/winklevoss-capital) Family office Per its own site

[Electric Capital](https://millionrounds.com/fund/electric-capital) VC firm Per its own site

[Hyde Park Angels](https://millionrounds.com/fund/hyde-park-angels) Angel network Per its own site

[Big Bang Ventures](https://millionrounds.com/fund/big-bang-ventures) VC firm Per its own site

[Company Ventures](https://millionrounds.com/fund/company-ventures) VC firm Per its own site

[Cadenza Ventures](https://millionrounds.com/fund/cadenza) Private equity Per its own site

[Serruya Capital](https://millionrounds.com/fund/serruya-capital) VC firm Per its own site

[Verb Ventures](https://millionrounds.com/fund/verb-ventures) VC firm Per its own site

[Collab+Currency](https://millionrounds.com/fund/collab-currency) VC firm Per its own site

[Dedicated VC](https://millionrounds.com/fund/dedicated) VC firm Per its own site

[Manhattan West](https://millionrounds.com/fund/manhattan-west) Family office Per its own site

[Nelstone Ventures](https://millionrounds.com/fund/nelstone-ventures) VC firm Per its own site

[Beyond Alpha Ventures](https://millionrounds.com/fund/beyond-alpha-ventures) Family office Per its own site

[Fantail Ventures](https://millionrounds.com/fund/fantail-ventures) VC firm Per its own site

[J17 Ventures](https://millionrounds.com/fund/j17-ventures) VC firm Per its own site

[Kirenaga Partners](https://millionrounds.com/fund/kirenaga-partners) VC firm Per its own site

[MRTNZ Ventures](https://millionrounds.com/fund/mrtnz) Angel Per its own site

[Shane Neman](https://millionrounds.com/fund/shane-neman) Angel 2026, per its site

[SparkLabs Group](https://millionrounds.com/fund/sparklabs-group) VC firm Per its own site

[Sparkwave Capital](https://millionrounds.com/fund/sparkwave-capital) Growth equity Per its own site

[Yolo Investments](https://millionrounds.com/fund/yolo-investments) VC firm Per its own site

[1/1 Capital](https://millionrounds.com/fund/1-1-capital) Family office Per its own site

[1802 Ventures](https://millionrounds.com/fund/1802-ventures) VC firm Per its own site

[Alphabet Angels](https://millionrounds.com/fund/alphabet-angels) VC firm Per its own site

[Altari Ventures](https://millionrounds.com/fund/altari-ventures) VC firm Per its own site

[Aquila Capital Partners](https://millionrounds.com/fund/aquila-capital-partners) VC firm Per its own site

[Arctic Ventures](https://millionrounds.com/fund/arctic-ventures-2) VC firm Per its own site

[Block City Ventures](https://millionrounds.com/fund/block-city-ventures) VC firm Per its own site

[Blue Dot Investors](https://millionrounds.com/fund/blue-dot-investors) VC firm Per its own site

[Brightwing Capital](https://millionrounds.com/fund/brightwing-capital) VC firm Per its own site

[Christian Edler](https://millionrounds.com/fund/christian-edler) Angel network Per its own site

[DecentraNet](https://millionrounds.com/fund/decentranet) VC firm Per its own site

[Digital Invest](https://millionrounds.com/fund/digital-invest-2) Family office Per its own site

[Five Stones Investment Group](https://millionrounds.com/fund/five-stones-investment-group) VC firm Per its own site

[Flux Capital](https://millionrounds.com/fund/flux-capital) VC firm Growth, per its site

[G.R. Capital Advisors](https://millionrounds.com/fund/g-r-capital-advisors) Advisor Per its own site

[Global Alternative Investment Management](https://millionrounds.com/fund/global-alternative-investment-management) VC firm Per its own site

[Globaleye Ventures](https://millionrounds.com/fund/globaleye-ventures) VC firm Per its own site

## Quick answers about Kraken

### Who invested in Kraken?

Kraken's investors include Tribe Capital, HSG, Apollo, D1 Capital Partners and SBI Investment, and 13 more on record.

### How much has Kraken raised?

Kraken has raised $1.7B across 4 rounds since 2019.

### When did Kraken last raise?

Kraken's most recent round was a Venture of $100M in Sept 2026.

### What was Kraken's biggest round?

Kraken's largest round on record is $1.0B (Growth), in Dec 2025, led by D1 Capital Partners.

### Who backed Kraken first?

Kraken's first round on record, in Sept 2025, was backed by Tribe Capital and Arjun Sethi.

### What stage is Kraken at?

Kraken's latest named round is a Venture, in Sept 2026.

### Where is Kraken based?

Kraken is based in the United States.

### Who led Kraken's rounds?

D1 Capital Partners led the Growth in 2025.

## Companies like Kraken

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

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

## 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
