United States · Series E startup

Who invested in Mark43

5 rounds we have observed, with the 20 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.

Govtech

Valuation: $1.0B, Oct 2024

Funding summaryUpdated 26 Oct 2026

$91Mraised across 5 rounds since 2013, from 5 sources

$75KGrant$1.9MSeed$11MSeries A$38MSeries C$40MSeries E
Latest round
Series E, $40MMay 2024
Investors
20
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.

201320152017201920212023
$75KGrant$1.9MSeed$11MSeries A$38MSeries C$40MSeries E
First round
Grant, $75K
May 2013
Biggest round
$40M
Series E · May 2024
Usual gap between rounds
2.7 years
the median of 4

The rounds

  1. May 2024
    Series E$40M2 new4 returning

    Source recordedSEC filing: $40M sold, first sale Mar 2024

  2. Mar 2018
    Series C$38M4 new5 returning

    Reported by FinSMEsSEC filing: $38M sold, first sale Nov 2017

  3. Aug 2015
  4. Jul 2013
    Seed$1.9M6 new

    Reported by forbes.comSEC filing: $1.8M sold, first sale Jun 2013

  5. May 2013
    Grant$75K1 new

    From a historical funding record

Founders and team

From Mark43's own website and the SEC filings it signed: 2 founders, 18 on the team.

Florian MayrCo-Founder & Vice President
Scott CrouchCo-Founder & ChairmanNamed on its 2024 Form D
  • Kevin FrayVice President, Field CTO
  • Bob HughesChief Executive Officer
  • Robert HughesChief Executive Officeri
  • Charley DublinSenior Vice President of Service and Delivery
  • George CornellSenior Vice President of Engineering
  • Jim HullSenior Vice President of Service and Delivery
  • Ravi MairaVice President of Product Marketing and Enablement
  • Shawn DriscollVice President of Federal Services
  • Soyeon YuVice President of Customer Operations
  • Virginia NguyenVice President of Professional Services
  • Wendy GilbertSenior Vice President of Product
  • Matthew PolegaPresident, Treasurer and Secretaryi
  • Alison DurantChief Marketing Officer
  • Chris MerwinChief Financial Officer
  • Larry ZorioChief Information Security Officer
  • Steve HoffmanChief People Officer
  • Tim MerriganChief Customer Officer
  • Rebecca WelshGeneral Counsel

On the board, as filediAlex FinkelsteinBenjamin SteinJD ShermanKathleen O'TooleLarry Bohn

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.

Everyone who backed them

General CatalystVC firm4rounds
SV AngelVC firm3rounds
Spark CapitalVC firm3rounds
Goldman SachsPrivate equity2rounds
Innovation EndeavorsVC firm2rounds
Lowercase CapitalVC firm2rounds
Govtech FundVC firm2rounds
David PetraeusAngel2rounds
Allen & CompanyWealth manager1round
Bezos ExpeditionsFamily office1round
AmploVC firm1round
Launchpad LAAccelerator1round
urban.usVC firm1round
Harvard UniversityVC firm1round
Sophia BushAngel1round
Sheel TyleAngel1round
Jim Breyer/ Sparkno record of our own yet1round
Soundno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 5 firms list Mark43 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.

Breyer CapitalPrivate equityPer its own site
AvenirVC firmPer its own site
HighSage VenturesVC firmPer its own site
BlackVentureVC firmPer its own site
Equable CapitalVC firmPer its own site

Quick answers about Mark43

Who invested in Mark43?

Mark43's investors include General Catalyst, SV Angel, Spark Capital, Goldman Sachs and Innovation Endeavors, and 15 more on record.

How much has Mark43 raised?

Mark43 has raised $91M across 5 rounds since 2013.

When did Mark43 last raise?

Mark43's most recent round was a Series E of $40M in May 2024.

What was Mark43's biggest round?

Its most recent round, $40M in May 2024, is also its largest on record.

Who backed Mark43 first?

Mark43's first round on record, in May 2013, was backed by Harvard University.

What stage is Mark43 at?

Mark43's latest named round is a Series E, in May 2024.

Where is Mark43 based?

Mark43 is based in the United States.

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