Canada · Series A startup

Who invested in Matter

2 rounds we have observed, with the 8 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.

AI

Y Combinator: S20

Funding summaryUpdated 26 Oct 2026

$17Mraised across 2 rounds since 2021, from 2 sources

$7.0MSeries A$10MSeries A
Latest round
Series A, $10MAug 2023
Step-upi
1.4×
Investors
8
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.

20222023
$7.0MSeries A$10MSeries A
First round
Series A, $7.0M
Oct 2021
Biggest round
$10M
Series A · Aug 2023
Between rounds
22 months
from the last two

The rounds

  1. Aug 2023
    Series A$10M3 new

    Source recorded

  2. Oct 2021
    Series A$7.0M5 new

    Source recordedSEC filing: $10M sold, first sale Nov 2021

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.

The exit

ExitBuyerPriceWhen
AcquiredMediumundisclosedApr 2013

From historical deal records. Wrong? Tell us.

Everyone who backed them

Y CombinatorAccelerator1round
Google VenturesCorporate VC1round
Unpopular VenturesVC firm1round
Flex CapitalVC firm1round
Elemental ImpactVC firm1round
S2G InvestmentsGrowth equity1round
Sound VenturesVC firm1round
Shrug CapitalVC firm1round

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

Quick answers about Matter

Who invested in Matter?

Matter's investors include Y Combinator, Google Ventures, Unpopular Ventures, Flex Capital and Elemental Impact, and 3 more on record.

How much has Matter raised?

Matter has raised $17M across 2 rounds since 2021.

When did Matter last raise?

Matter's most recent round was a Series A of $10M in Aug 2023.

What was Matter's biggest round?

Its most recent round, $10M in Aug 2023, is also its largest on record.

Who backed Matter first?

Matter's first round on record, in Oct 2021, was backed by Y Combinator, Google Ventures and Unpopular Ventures and 2 others.

What stage is Matter at?

Matter's latest named round is a Series A, in Aug 2023.

Where is Matter based?

Matter is based in Canada.

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