# Lambda funding: rounds and investors > Lambda has raised $6.8B across 4 rounds since 2024. Investors include Alumni Ventures, Gaingels and Citibank. Every round with its source. Source: https://millionrounds.com/company/lambda (Millionrounds; every figure on the page links to its filing or article) United States · [Growth startup](https://millionrounds.com/companies) # Who invested in *Lambda* 4 rounds we have observed, with the 10 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 Cloud Construction Semiconductors Raised 1 month ago Valuation: $2.0B, Oct 2024 Follow Lambda and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Flambda) Funding summary Updated 5 Nov 2026 **$6.8B** raised across 4 rounds since 2024, from 7 sources **$320M** Series C **$1.5B** Series E **$1.0B** Debt **$4.0B** Growth - **Latest round:** Growth, $4.0B Oct 2026 - **Led by:** Coatue and Clarus Ventures - **Step-up i:** 4× - **Investors:** 10 (4 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. 2024 2025 2026 **$320M** Series C **$1.5B** Series E **$1.0B** Debt **$4.0B** Growth - **First round:** Series C, $320M - **Biggest round:** $4.0B - **Usual gap between rounds:** 5 months ## The rounds - **Oct 2026** Growth **$4.0B** *2 new* [Coatue](https://millionrounds.com/fund/coatue-management) Lead [Clarus Ventures](https://millionrounds.com/fund/blackstone) Lead Reported by Leap Ventures - **May 2026** Debt **$1.0B** *1 new* *5 returning* [JP Morgan](https://millionrounds.com/fund/jpmorgan) Lead [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Gaingels](https://millionrounds.com/fund/gaingels) [Citibank](https://millionrounds.com/fund/citi) [B Capital](https://millionrounds.com/fund/b-capital) [NVIDIA](https://millionrounds.com/fund/nvidia) Reported by Firms' own news pages and 2 others - **Nov 2025** Series E **$1.5B** *6 new* [TWG Global](https://millionrounds.com/fund/twg-global) Lead [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Gaingels](https://millionrounds.com/fund/gaingels) [Citibank](https://millionrounds.com/fund/citi) [B Capital](https://millionrounds.com/fund/b-capital) [NVIDIA](https://millionrounds.com/fund/nvidia) Reported by Crunchbase News and 1 other - **Feb 2024** Series C **$320M** *1 new* [Alpha Square Group](https://millionrounds.com/fund/alpha-square-group) Reported by Alpha Square Group ## Founders and team From Lambda's own website: 9 on the team. - **Charles Fisher** chief.financial.officer() - **David Connolly** chief.legal.officer() - **Leonard Speiser** chief.operating.officer() - **Matthew Worby** chief.people.officer() - **Michael Balaban** chief.product.officer() - **Michel Combes** chief.executive.officer() - **Stephen Balaban** chief.technology.officer() - **Steve Stewart** chief.infrastructure.officer() - **Jerry Hunter** vice.chairman.compute.delivery() ## 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. **Series C** 2024 **Series E** 2025 **Debt** 2026 **Growth** 2026 [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Gaingels](https://millionrounds.com/fund/gaingels) [Citibank](https://millionrounds.com/fund/citi) [B Capital](https://millionrounds.com/fund/b-capital) [NVIDIA](https://millionrounds.com/fund/nvidia) [Coatue](https://millionrounds.com/fund/coatue-management) L [JP Morgan](https://millionrounds.com/fund/jpmorgan) L [Clarus Ventures](https://millionrounds.com/fund/blackstone) L [TWG Global](https://millionrounds.com/fund/twg-global) L [Alpha Square Group](https://millionrounds.com/fund/alpha-square-group) ## Everyone who backed them [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **2** rounds [Gaingels](https://millionrounds.com/fund/gaingels) Private equity **2** rounds [Citibank](https://millionrounds.com/fund/citi) Growth equity **2** rounds [B Capital](https://millionrounds.com/fund/b-capital) VC firm **2** rounds [NVIDIA](https://millionrounds.com/fund/nvidia) Company **2** rounds [Coatue](https://millionrounds.com/fund/coatue-management) VC firm **1** round, led 1 [JP Morgan](https://millionrounds.com/fund/jpmorgan) Investment bank **1** round, led 1 [Clarus Ventures](https://millionrounds.com/fund/blackstone) VC firm **1** round, led 1 [TWG Global](https://millionrounds.com/fund/twg-global) Growth equity **1** round, led 1 [Alpha Square Group](https://millionrounds.com/fund/alpha-square-group) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=lambda). ## Also claim to have backed them These 14 firms list Lambda 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. [Gradient](https://millionrounds.com/fund/gradient-ventures) VC firm Per its own site [1517 Fund](https://millionrounds.com/fund/1517-fund) VC firm Per its own site [Mercato Partners](https://millionrounds.com/fund/mercato-partners) VC firm Per its own site [Air Street Capital](https://millionrounds.com/fund/air-street-capital) VC firm Per its own site [Savano Capital Partners](https://millionrounds.com/fund/savano-capital-partners) VC firm Per its own site [Dolores Capital](https://millionrounds.com/fund/dolores-capital) Family office Per its own site [InvestX Capital](https://millionrounds.com/fund/investx-capital) VC firm Per its own site [LFG Capital Management LLC](https://millionrounds.com/fund/lfg-capital-management-llc) Investor Per its own site [LFG Holdings](https://millionrounds.com/fund/lfg-ventures) VC firm Per its own site [Launchbay Capital](https://millionrounds.com/fund/launchbay-capital) Growth equity Per its own site [Prosto VC](https://millionrounds.com/fund/prosto-vc) Angel network Per its own site [Quantra Ventures](https://millionrounds.com/fund/quantra-ventures) VC firm Per its own site [Rigby Technology Investments](https://millionrounds.com/fund/rigby-technology-investments) Growth equity Per its own site [Selective VC](https://millionrounds.com/fund/selective-vc) VC firm Per its own site ## Quick answers about Lambda ### Who invested in Lambda? Lambda's investors include Alumni Ventures, Gaingels, Citibank, B Capital and NVIDIA, and 5 more on record. Coatue led its latest round. ### How much has Lambda raised? Lambda has raised $6.8B across 4 rounds since 2024. ### When did Lambda last raise? Lambda's most recent round was a Growth of $4.0B in Oct 2026, led by Coatue. ### What was Lambda's biggest round? Its most recent round, $4.0B in Oct 2026, is also its largest on record. ### Who backed Lambda first? Lambda's first round on record, in Feb 2024, was backed by Alpha Square Group. ### What stage is Lambda at? Lambda's latest named round is a Growth, in Oct 2026. ### Where is Lambda based? Lambda is based in the United States. ### Who led Lambda's rounds? TWG Global led the Series E in 2025; JP Morgan led the Debt in 2026; Coatue led the Growth in 2026. ## Companies like Lambda In the same sector, and raised in the last eighteen months. [**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute) ## 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