# Kuali funding: rounds and investors

> Kuali has raised $22M across 3 rounds since 2018. Investors include Owl Ventures and Mercato Partners. Every round with its source.

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

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

# Who invested in *Kuali*

3 rounds we have observed, with the 2 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.

Cloud Edtech

Funding summary Updated 26 Oct 2026

**$22M** raised across 3 rounds since 2018, from 3 sources

**$10M** Round **$12M** Series A

- **Latest round:** Venture Jul 2025
- **Biggest round:** $12M Series A · Jan 2019
- **Investors:** 2

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.

2018 2019 2020 2021 2022 2023 2024 2025

**$10M** Round

**$12M** Series A

**?** Venture

- **First round:** Round, $10M
- **Biggest round:** $12M
- **Usual gap between rounds:** 6.4 years

## The rounds

- **Jul 2025** Venture **Amount undisclosed** *1 returning* [Owl Ventures](https://millionrounds.com/fund/owl-ventures) Source recorded
- **Jan 2019** Series A **$12M** *1 new* *1 returning* [Owl Ventures](https://millionrounds.com/fund/owl-ventures) [Mercato Partners](https://millionrounds.com/fund/mercato-partners) Reported by FinSMEs
- **Feb 2018** Round **$10M** *1 new* [Owl Ventures](https://millionrounds.com/fund/owl-ventures) 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.

**Round** 2018 **Series A** 2019 **Venture** 2025 [Owl Ventures](https://millionrounds.com/fund/owl-ventures) [Mercato Partners](https://millionrounds.com/fund/mercato-partners)

## Everyone who backed them

[Owl Ventures](https://millionrounds.com/fund/owl-ventures) VC firm **3** rounds

[Mercato Partners](https://millionrounds.com/fund/mercato-partners) VC firm **1** round

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

## Also claim to have backed them

This firm lists Kuali as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Owl Ventures](https://millionrounds.com/fund/owl-ventures-3) VC firm Per its own site

## Quick answers about Kuali

### Who invested in Kuali?

Kuali's investors include Owl Ventures and Mercato Partners.

### How much has Kuali raised?

Kuali has raised $22M across 3 rounds since 2018. One round did not disclose an amount, so the total is a floor.

### When did Kuali last raise?

Kuali's most recent round was a Venture in Jul 2025.

### What was Kuali's biggest round?

Kuali's largest round on record is $12M (Series A), in Jan 2019.

### Who backed Kuali first?

Kuali's first round on record, in Feb 2018, was backed by Owl Ventures.

### What stage is Kuali at?

Kuali's latest named round is a Venture, in Jul 2025.

### Where is Kuali based?

Kuali is based in the United States.

## Companies like Kuali

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

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**Blacksmith** $131M · Oct 2026](https://millionrounds.com/company/blacksmith)[**Stride** $16M · Oct 2026](https://millionrounds.com/company/stride)[**Amira Learning** $30M · Oct 2026](https://millionrounds.com/company/amira-learning)[**VEIR** $185M · Oct 2026](https://millionrounds.com/company/veir)[**Tasklet** $13M · Oct 2026](https://millionrounds.com/company/tasklet)

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