# Mandel AI funding: rounds and investors

> Mandel AI has raised $4.4M across 2 rounds since 2023. Investors include Y Combinator. Every round with its source.

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

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

# Who invested in *Mandel AI*

2 rounds we have observed, with the one investor 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

Raised 8 months ago

Funding summary Updated 26 Oct 2026

**$4.4M** raised across 2 rounds since 2023, from 2 sources

**$500K** Pre-seed **$3.9M** Seed

- **Latest round:** Seed, $3.9M Mar 2026
- **Step-up i:** 7.8×
- **Investors:** 1

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

**$500K** Pre-seed

**$3.9M** Seed

- **First round:** Pre-seed, $500K
- **Biggest round:** $3.9M
- **Between rounds:** 2.5 years

## The rounds

- **Mar 2026** Seed **$3.9M** *1 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) Source recorded
- **Sept 2023** Pre-seed **$500K** *1 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) Source recorded

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **2** rounds

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

## Quick answers about Mandel AI

### Who invested in Mandel AI?

Mandel AI's investors include Y Combinator.

### How much has Mandel AI raised?

Mandel AI has raised $4.4M across 2 rounds since 2023.

### When did Mandel AI last raise?

Mandel AI's most recent round was a Seed of $3.9M in Mar 2026.

### What was Mandel AI's biggest round?

Its most recent round, $3.9M in Mar 2026, is also its largest on record.

### Who backed Mandel AI first?

Mandel AI's first round on record, in Sept 2023, was backed by Y Combinator.

### What stage is Mandel AI at?

Mandel AI's latest named round is a Seed, in Mar 2026.

### Where is Mandel AI based?

Mandel AI is based in the United States.

## Companies like Mandel AI

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

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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