# Lob funding: rounds and investors > Lob has raised $30M across 5 rounds since 2013. Investors include Polaris Partners, Drummond Road Capital and Indicator Ventures. Every round with its source. Source: https://millionrounds.com/company/lob (Millionrounds; every figure on the page links to its filing or article) United States · [Venture startup](https://millionrounds.com/companies) # Who invested in *Lob* 5 rounds we have observed, with the 23 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 Y Combinator: S13 Funding summary Updated 26 Oct 2026 **$30M** raised across 5 rounds since 2013, from 5 sources **$2.4M** Seed **$7.0M** Series A **$20M** Series B **$267K** Venture - **Latest round:** Venture, $267K Dec 2017 - **Biggest round:** $20M Series B · Jun 2017 - **Investors:** 23 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. 2013 2014 2015 2016 2017 **?** Seed **$2.4M** Seed **$7.0M** Series A **$20M** Series B **$267K** Venture - **First round:** Seed - **Biggest round:** $20M - **Usual gap between rounds:** 10 months ## The rounds - **Dec 2017** Venture **$267K** *2 new* [Japan Finance Corporation](https://millionrounds.com/fund/japan-finance-corporation) [Mizuho Corporate Bank](https://millionrounds.com/fund/mizuho-corporate-bank) Source recorded - **Jun 2017** Series B **$20M** *3 new* [Initialized Capital](https://millionrounds.com/fund/initialized-capital) [Goldbell Group](https://millionrounds.com/fund/polaris) Y Combinator Continuity Fund/ Floodgate Reported by FinSMEs - **Sept 2014** Series A **$7.0M** *2 new* *3 returning* [First Round Capital](https://millionrounds.com/fund/first-round-capital) [Polaris Partners](https://millionrounds.com/fund/polaris-partners) [Floodgate](https://millionrounds.com/fund/floodgate) [Drummond Road Capital](https://millionrounds.com/fund/drummond-road-capital) [Indicator Ventures](https://millionrounds.com/fund/indicator-ventures) From a historical funding record - **Nov 2013** Seed **$2.4M** *15 new* [Polaris Partners](https://millionrounds.com/fund/polaris-partners) [FundersClub](https://millionrounds.com/fund/fundersclub) [Alexis Ohanian](https://millionrounds.com/fund/alexis-ohanian) [Ludlow Ventures](https://millionrounds.com/fund/ludlow-ventures) [Paul Buchheit](https://millionrounds.com/fund/paul-buchheit) [Scrum Ventures](https://millionrounds.com/fund/scrum-ventures) [Sam Altman](https://millionrounds.com/fund/sam-altman) [Garry Tan](https://millionrounds.com/fund/garry-tan) [Joshua Schachter](https://millionrounds.com/fund/joshua-schachter) [Drummond Road Capital](https://millionrounds.com/fund/drummond-road-capital) [Amasia](https://millionrounds.com/fund/amasia) [Indicator Ventures](https://millionrounds.com/fund/indicator-ventures) [Kevin Hale](https://millionrounds.com/fund/kevin-hale) [Dalton Caldwell](https://millionrounds.com/fund/dalton-caldwell) [Pat Kinsel](https://millionrounds.com/fund/pat-kinsel) Reported by techcrunch.com - **Mar 2013** Seed **Amount undisclosed** *1 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) From a historical funding record ## Founders and team From Lob's own website: 6 on the team. - **Ryan Ferrier** Chief Executive Officer - **David Pickel** Chief Operating Officer - **Michael Senftleber** Chief Technology Officer - **Paul Rosen** Chief Revenue Officer - **Victoria Ashton** Chief People Officer - **Peter Hisken** General Counsel and Secretary ## 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** 2013 **Seed** 2013 **Series A** 2014 **Series B** 2017 **Venture** 2017 [Polaris Partners](https://millionrounds.com/fund/polaris-partners) [Drummond Road Capital](https://millionrounds.com/fund/drummond-road-capital) [Indicator Ventures](https://millionrounds.com/fund/indicator-ventures) [Y Combinator](https://millionrounds.com/fund/y-combinator) [First Round Capital](https://millionrounds.com/fund/first-round-capital) [FundersClub](https://millionrounds.com/fund/fundersclub) [Floodgate](https://millionrounds.com/fund/floodgate) [Japan Finance Corporation](https://millionrounds.com/fund/japan-finance-corporation) [Initialized Capital](https://millionrounds.com/fund/initialized-capital) [Mizuho Corporate Bank](https://millionrounds.com/fund/mizuho-corporate-bank) ## Everyone who backed them [Polaris Partners](https://millionrounds.com/fund/polaris-partners) VC firm **2** rounds [Drummond Road Capital](https://millionrounds.com/fund/drummond-road-capital) VC firm **2** rounds [Indicator Ventures](https://millionrounds.com/fund/indicator-ventures) VC firm **2** rounds [Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round [First Round Capital](https://millionrounds.com/fund/first-round-capital) VC firm **1** round [FundersClub](https://millionrounds.com/fund/fundersclub) VC firm **1** round [Floodgate](https://millionrounds.com/fund/floodgate) VC firm **1** round [Japan Finance Corporation](https://millionrounds.com/fund/japan-finance-corporation) Investment firm **1** round [Initialized Capital](https://millionrounds.com/fund/initialized-capital) VC firm **1** round [Mizuho Corporate Bank](https://millionrounds.com/fund/mizuho-corporate-bank) VC firm **1** round [Alexis Ohanian](https://millionrounds.com/fund/alexis-ohanian) Angel **1** round [Ludlow Ventures](https://millionrounds.com/fund/ludlow-ventures) VC firm **1** round [Paul Buchheit](https://millionrounds.com/fund/paul-buchheit) Angel **1** round [Scrum Ventures](https://millionrounds.com/fund/scrum-ventures) VC firm **1** round [Sam Altman](https://millionrounds.com/fund/sam-altman) Angel **1** round [Garry Tan](https://millionrounds.com/fund/garry-tan) Angel **1** round [Joshua Schachter](https://millionrounds.com/fund/joshua-schachter) VC firm **1** round [Amasia](https://millionrounds.com/fund/amasia) VC firm **1** round [Goldbell Group](https://millionrounds.com/fund/polaris) Growth equity **1** round [Kevin Hale](https://millionrounds.com/fund/kevin-hale) Angel **1** round [Dalton Caldwell](https://millionrounds.com/fund/dalton-caldwell) Angel **1** round [Pat Kinsel](https://millionrounds.com/fund/pat-kinsel) Angel **1** round Y Combinator Continuity Fund/ Floodgate no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=lob). ## Also claim to have backed them These 6 firms list Lob 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. [Frontline Ventures](https://millionrounds.com/fund/frontline-ventures) VC firm Per its own site [Locus Ventures](https://millionrounds.com/fund/locus-ventures) VC firm Per its own site [McNamara Family Investments](https://millionrounds.com/fund/mcnamara-family-investments) Family office Per its own site [Spearhead](https://millionrounds.com/fund/spearhead-2) VC firm Per its own site [Structural Capital](https://millionrounds.com/fund/structural-capital) Private credit Per its own site [Conduit](https://millionrounds.com/fund/conduit) Accelerator Per its own site ## Quick answers about Lob ### Who invested in Lob? Lob's investors include Polaris Partners, Drummond Road Capital, Indicator Ventures, Y Combinator and First Round Capital, and 18 more on record. ### How much has Lob raised? Lob has raised $30M across 5 rounds since 2013. One round did not disclose an amount, so the total is a floor. ### When did Lob last raise? Lob's most recent round was a Venture of $267K in Dec 2017. ### What was Lob's biggest round? Lob's largest round on record is $20M (Series B), in Jun 2017. ### Who backed Lob first? Lob's first round on record, in Mar 2013, was backed by Y Combinator. ### What stage is Lob at? Lob's latest named round is a Venture, in Dec 2017. ### Where is Lob based? Lob is based in the United States. ## Companies like Lob In the same sector, and raised in the last eighteen months. [**Kevel** $75M · Oct 2026](https://millionrounds.com/company/kevel)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)[**Pipedrive** $90M · Sept 2026](https://millionrounds.com/company/pipedrive)[**7Pi** $125K · Sept 2026](https://millionrounds.com/company/7pi)[**Zeely** $8.8M · Sept 2026](https://millionrounds.com/company/zeely) ## 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