# Mark43 funding: rounds and investors

> Mark43 has raised $91M across 5 rounds since 2013. Investors include General Catalyst, SV Angel and Spark Capital. Every round with its source.

Source: https://millionrounds.com/company/mark43 (Millionrounds; every figure on the page links to its filing or article)

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

# 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 summary Updated 26 Oct 2026

**$91M** raised across 5 rounds since 2013, from 5 sources

**$75K** Grant **$1.9M** Seed **$11M** Series A **$38M** Series C **$40M** Series E

- **Latest round:** Series E, $40M May 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.

2013 2015 2017 2019 2021 2023

**$75K** Grant

**$1.9M** Seed

**$11M** Series A

**$38M** Series C

**$40M** Series E

- **First round:** Grant, $75K
- **Biggest round:** $40M
- **Usual gap between rounds:** 2.7 years

## The rounds

- **May 2024** Series E **$40M** *2 new* *4 returning* [General Catalyst](https://millionrounds.com/fund/general-catalyst) [SV Angel](https://millionrounds.com/fund/sv-angel) [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [Spark Capital](https://millionrounds.com/fund/spark-capital) [Amplo](https://millionrounds.com/fund/amplo) Source recorded SEC filing: $40M sold, first sale Mar 2024
- **Mar 2018** Series C **$38M** *4 new* *5 returning* [General Catalyst](https://millionrounds.com/fund/general-catalyst) [SV Angel](https://millionrounds.com/fund/sv-angel) [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [Innovation Endeavors](https://millionrounds.com/fund/innovation-endeavors) [Bezos Expeditions](https://millionrounds.com/fund/bezos-expeditions) [Govtech Fund](https://millionrounds.com/fund/govtech-fund) [David Petraeus](https://millionrounds.com/fund/david-petraeus) Jim Breyer/ Spark Sound Reported by FinSMEs SEC filing: $38M sold, first sale Nov 2017
- **Aug 2015** Series A **$11M** *7 new* *3 returning* [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Spark Capital](https://millionrounds.com/fund/spark-capital) [Innovation Endeavors](https://millionrounds.com/fund/innovation-endeavors) [Lowercase Capital](https://millionrounds.com/fund/lowercase-capital) [Allen & Company](https://millionrounds.com/fund/allen-and-company) [urban.us](https://millionrounds.com/fund/urban-us) [Govtech Fund](https://millionrounds.com/fund/govtech-fund) [David Petraeus](https://millionrounds.com/fund/david-petraeus) [Sophia Bush](https://millionrounds.com/fund/sophia-bush) [Sheel Tyle](https://millionrounds.com/fund/sheel-tyle) From a historical funding record
- **Jul 2013** Seed **$1.9M** *6 new* [General Catalyst](https://millionrounds.com/fund/general-catalyst) [SV Angel](https://millionrounds.com/fund/sv-angel) [Spark Capital](https://millionrounds.com/fund/spark-capital) [Lowercase Capital](https://millionrounds.com/fund/lowercase-capital) [Rough Draft Ventures](https://millionrounds.com/fund/rough-draft-ventures) [Launchpad LA](https://millionrounds.com/fund/launchpad-la) Reported by forbes.com SEC filing: $1.8M sold, first sale Jun 2013
- **May 2013** Grant **$75K** *1 new* [Harvard University](https://millionrounds.com/fund/harvard-university) 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 Mayr** Co-Founder & Vice President

**Scott Crouch** Co-Founder & Chairman *Named on its 2024 Form D*

- **Kevin Fray** Vice President, Field CTO
- **Bob Hughes** Chief Executive Officer
- **Robert Hughes** Chief Executive Officer i
- **Charley Dublin** Senior Vice President of Service and Delivery
- **George Cornell** Senior Vice President of Engineering
- **Jim Hull** Senior Vice President of Service and Delivery
- **Ravi Maira** Vice President of Product Marketing and Enablement
- **Shawn Driscoll** Vice President of Federal Services
- **Soyeon Yu** Vice President of Customer Operations
- **Virginia Nguyen** Vice President of Professional Services
- **Wendy Gilbert** Senior Vice President of Product
- **Matthew Polega** President, Treasurer and Secretary i
- **Alison Durant** Chief Marketing Officer
- **Chris Merwin** Chief Financial Officer
- **Larry Zorio** Chief Information Security Officer
- **Steve Hoffman** Chief People Officer
- **Tim Merrigan** Chief Customer Officer
- **Rebecca Welsh** General Counsel

On the board, as filed i *Alex Finkelstein* *Benjamin Stein* *JD Sherman* *Kathleen O'Toole* *Larry 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.

**Grant** 2013 **Seed** 2013 **Series A** 2015 **Series C** 2018 **Series E** 2024 [General Catalyst](https://millionrounds.com/fund/general-catalyst) [SV Angel](https://millionrounds.com/fund/sv-angel) [Spark Capital](https://millionrounds.com/fund/spark-capital) [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [Innovation Endeavors](https://millionrounds.com/fund/innovation-endeavors) [Lowercase Capital](https://millionrounds.com/fund/lowercase-capital) [Govtech Fund](https://millionrounds.com/fund/govtech-fund) [David Petraeus](https://millionrounds.com/fund/david-petraeus) [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [Allen & Company](https://millionrounds.com/fund/allen-and-company)

## Everyone who backed them

[General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **4** rounds

[SV Angel](https://millionrounds.com/fund/sv-angel) VC firm **3** rounds

[Spark Capital](https://millionrounds.com/fund/spark-capital) VC firm **3** rounds

[Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) Private equity **2** rounds

[Innovation Endeavors](https://millionrounds.com/fund/innovation-endeavors) VC firm **2** rounds

[Lowercase Capital](https://millionrounds.com/fund/lowercase-capital) VC firm **2** rounds

[Govtech Fund](https://millionrounds.com/fund/govtech-fund) VC firm **2** rounds

[David Petraeus](https://millionrounds.com/fund/david-petraeus) Angel **2** rounds

[Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) VC firm **1** round

[Allen & Company](https://millionrounds.com/fund/allen-and-company) Wealth manager **1** round

[Bezos Expeditions](https://millionrounds.com/fund/bezos-expeditions) Family office **1** round

[Amplo](https://millionrounds.com/fund/amplo) VC firm **1** round

[Rough Draft Ventures](https://millionrounds.com/fund/rough-draft-ventures) VC firm **1** round

[Launchpad LA](https://millionrounds.com/fund/launchpad-la) Accelerator **1** round

[urban.us](https://millionrounds.com/fund/urban-us) VC firm **1** round

[Harvard University](https://millionrounds.com/fund/harvard-university) VC firm **1** round

[Sophia Bush](https://millionrounds.com/fund/sophia-bush) Angel **1** round

[Sheel Tyle](https://millionrounds.com/fund/sheel-tyle) Angel **1** round

Jim Breyer/ Spark no record of our own yet **1** round

Sound 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=mark43).

## 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 Capital](https://millionrounds.com/fund/breyer-capital) Private equity Per its own site

[Avenir](https://millionrounds.com/fund/avenir) VC firm Per its own site

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

[BlackVenture](https://millionrounds.com/fund/blackventure) VC firm Per its own site

[Equable Capital](https://millionrounds.com/fund/equable-capital) VC firm Per 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.

## Companies like Mark43

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

[**Longeye** $25M · Oct 2026](https://millionrounds.com/company/longeye)[**SCATR** $6.6M · Oct 2026](https://millionrounds.com/company/scatr)[**FSH Technologies** $45M · Aug 2026](https://millionrounds.com/company/fsh-technologies)[**Apaluma** $5.5M · Jul 2026](https://millionrounds.com/company/apaluma)[**BRINC** $125M · Jul 2026](https://millionrounds.com/company/brinc)[**Arkenstone Defense** $35M · Jul 2026](https://millionrounds.com/company/arkenstone-defense)

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