# Madefire funding: rounds and investors

> Madefire has raised $16M across 4 rounds since 2011. Investors include Correlation Ventures, True Ventures and Crosslink Capital. Every round with its source.

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

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

# Who invested in *Madefire*

4 rounds we have observed, with the 11 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.

Media

Funding summary Updated 26 Oct 2026

**$16M** raised across 4 rounds since 2011, from 4 sources

**$1.2M** Seed **$3.5M** Venture **$5.2M** Series A **$6.5M** Series B

- **Latest round:** Series B, $6.5M Oct 2016
- **Step-up i:** 1.2×
- **Investors:** 11

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.

2012 2013 2014 2015 2016

**$1.2M** Seed

**$3.5M** Venture

**$5.2M** Series A

**$6.5M** Series B

- **First round:** Seed, $1.2M
- **Biggest round:** $6.5M
- **Usual gap between rounds:** 17 months

## The rounds

- **Oct 2016** Series B **$6.5M** *1 new* [Plus Capital](https://millionrounds.com/fund/plus-capital) Reported by FinSMEs
- **Oct 2013** Series A **$5.2M** *5 new* *2 returning* [Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) [True Ventures](https://millionrounds.com/fund/true-ventures) [Anthem Venture Partners](https://millionrounds.com/fund/anthem-ventures-fund-lp) [Gary Stiffelman](https://millionrounds.com/fund/gary-stiffelman) Richard Seet Sina Tammadon Reported by techcrunch.com
- **Apr 2013** Venture **$3.5M** *5 new* [Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) [True Ventures](https://millionrounds.com/fund/true-ventures) [Anthony Saleh](https://millionrounds.com/fund/anthony-saleh) [Nasir Jones](https://millionrounds.com/fund/nasir-jones) [Emagen Investment Group, Inc.](https://millionrounds.com/fund/emagen-entertainment-group) From a historical funding record SEC filing: $2.2M sold, first sale Jan 2013
- **Oct 2011** Seed **$1.2M** No investor was named in the report. Reported by sec.gov SEC filing: $1.1M sold, first sale Oct 2011

## Founders and team

From the SEC filings it signed: 1 on the team.

- **Eugene Walden** Executive Officer i

On the board, as filed i *Ben Wolstenholme* *Toni Schneider*

## 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** 2011 **Venture** 2013 **Series A** 2013 **Series B** 2016 [Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) [True Ventures](https://millionrounds.com/fund/true-ventures) [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) [Anthem Venture Partners](https://millionrounds.com/fund/anthem-ventures-fund-lp) [Anthony Saleh](https://millionrounds.com/fund/anthony-saleh) [Nasir Jones](https://millionrounds.com/fund/nasir-jones) [Emagen Investment Group, Inc.](https://millionrounds.com/fund/emagen-entertainment-group) [Plus Capital](https://millionrounds.com/fund/plus-capital) [Gary Stiffelman](https://millionrounds.com/fund/gary-stiffelman) Richard Seet

## Everyone who backed them

[Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) VC firm **2** rounds

[True Ventures](https://millionrounds.com/fund/true-ventures) VC firm **2** rounds

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

[Anthem Venture Partners](https://millionrounds.com/fund/anthem-ventures-fund-lp) VC firm **1** round

[Anthony Saleh](https://millionrounds.com/fund/anthony-saleh) VC firm **1** round

[Nasir Jones](https://millionrounds.com/fund/nasir-jones) VC firm **1** round

[Emagen Investment Group, Inc.](https://millionrounds.com/fund/emagen-entertainment-group) VC firm **1** round

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

[Gary Stiffelman](https://millionrounds.com/fund/gary-stiffelman) Angel **1** round

Richard Seet no record of our own yet **1** round

Sina Tammadon 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=madefire).

## Also claim to have backed them

This firm lists Madefire 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.

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

## Quick answers about Madefire

### Who invested in Madefire?

Madefire's investors include Correlation Ventures, True Ventures, Crosslink Capital, Anthem Venture Partners and Anthony Saleh, and 6 more on record.

### How much has Madefire raised?

Madefire has raised $16M across 4 rounds since 2011.

### When did Madefire last raise?

Madefire's most recent round was a Series B of $6.5M in Oct 2016.

### What was Madefire's biggest round?

Its most recent round, $6.5M in Oct 2016, is also its largest on record.

### Who backed Madefire first?

Madefire's first round on record, in Apr 2013, was backed by Correlation Ventures, True Ventures and Anthony Saleh and 2 others.

### What stage is Madefire at?

Madefire's latest named round is a Series B, in Oct 2016.

### Where is Madefire based?

Madefire is based in the United States.

## Companies like Madefire

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

[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Indent** $7.2M · Oct 2026](https://millionrounds.com/company/indent)[**Overtime** $33M · Oct 2026](https://millionrounds.com/company/overtime)[**ParentConnect** $420K · Sept 2026](https://millionrounds.com/company/parentconnect)[**CreatorFi** $85M · Sept 2026](https://millionrounds.com/company/creatorfi)[**TMRW Sports** $83M · Sept 2026](https://millionrounds.com/company/tmrw-sports)

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