# Leeo funding: rounds and investors > Leeo has raised $40M across 2 rounds since 2014. Investors include Citibank, Scott Banister and Formation 8. Every round with its source. Source: https://millionrounds.com/company/leeo (Millionrounds; every figure on the page links to its filing or article) United States · [Venture startup](https://millionrounds.com/companies) # Who invested in *Leeo* 2 rounds we have observed, with the 8 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. Hardware & Electronics Funding summary Updated 26 Oct 2026 **$40M** raised across 2 rounds since 2014, from 2 sources **$37M** Series A **$3.0M** Venture - **Latest round:** Venture, $3.0M Nov 2018 - **Biggest round:** $37M Series A · Sept 2014 - **Investors:** 8 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. 2015 2016 2017 2018 **$37M** Series A **$3.0M** Venture - **First round:** Series A, $37M - **Biggest round:** $37M - **Between rounds:** 4.1 years ## The rounds - **Nov 2018** Venture **$3.0M** *1 new* [Citibank](https://millionrounds.com/fund/citi) Source recorded SEC filing: $3.0M sold, first sale Nov 2018 - **Sept 2014** Series A **$37M** *7 new* [Scott Banister](https://millionrounds.com/fund/scott-banister) [Formation 8](https://millionrounds.com/fund/formation-8) [Max Levchin](https://millionrounds.com/fund/max-levchin) [Subtraction Capital](https://millionrounds.com/fund/subtraction-capital) [Vectr Ventures](https://millionrounds.com/fund/vectr-ventures) [Visionnaire Ventures](https://millionrounds.com/fund/visionnaire-ventures) [e.on](https://millionrounds.com/fund/e-on) From a historical funding record ## 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 A** 2014 **Venture** 2018 [Citibank](https://millionrounds.com/fund/citi) [Scott Banister](https://millionrounds.com/fund/scott-banister) [Formation 8](https://millionrounds.com/fund/formation-8) [Max Levchin](https://millionrounds.com/fund/max-levchin) [Subtraction Capital](https://millionrounds.com/fund/subtraction-capital) [Vectr Ventures](https://millionrounds.com/fund/vectr-ventures) [Visionnaire Ventures](https://millionrounds.com/fund/visionnaire-ventures) [e.on](https://millionrounds.com/fund/e-on) ## Everyone who backed them [Citibank](https://millionrounds.com/fund/citi) Growth equity **1** round [Scott Banister](https://millionrounds.com/fund/scott-banister) Angel **1** round [Formation 8](https://millionrounds.com/fund/formation-8) VC firm **1** round [Max Levchin](https://millionrounds.com/fund/max-levchin) VC firm **1** round [Subtraction Capital](https://millionrounds.com/fund/subtraction-capital) VC firm **1** round [Vectr Ventures](https://millionrounds.com/fund/vectr-ventures) VC firm **1** round [Visionnaire Ventures](https://millionrounds.com/fund/visionnaire-ventures) VC firm **1** round [e.on](https://millionrounds.com/fund/e-on) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=leeo). ## Also claim to have backed them This firm lists Leeo 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. [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) VC firm Per its own site ## Quick answers about Leeo ### Who invested in Leeo? Leeo's investors include Citibank, Scott Banister, Formation 8, Max Levchin and Subtraction Capital, and 3 more on record. ### How much has Leeo raised? Leeo has raised $40M across 2 rounds since 2014. ### When did Leeo last raise? Leeo's most recent round was a Venture of $3.0M in Nov 2018. ### What was Leeo's biggest round? Leeo's largest round on record is $37M (Series A), in Sept 2014. ### Who backed Leeo first? Leeo's first round on record, in Sept 2014, was backed by Scott Banister, Formation 8 and Max Levchin and 4 others. ### What stage is Leeo at? Leeo's latest named round is a Venture, in Nov 2018. ### Where is Leeo based? Leeo is based in the United States. ## Companies like Leeo In the same sector, and raised in the last eighteen months. [**Optivolt** $37M · Oct 2026](https://millionrounds.com/company/optivolt)[**Tenstorrent** $3.0B · Oct 2026](https://millionrounds.com/company/tenstorrent)[**Sabi** $50M · Oct 2026](https://millionrounds.com/company/sabi)[**Ringon** $70K · Oct 2026](https://millionrounds.com/company/ringon)[**Relay** $207M · Oct 2026](https://millionrounds.com/company/relay)[**SiMa.ai** $235M · Sept 2026](https://millionrounds.com/company/sima-ai) ## 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