# Matter funding: rounds and investors > Matter has raised $17M across 2 rounds since 2021. Investors include Y Combinator, Google Ventures and Unpopular Ventures. Every round with its source. Source: https://millionrounds.com/company/matter (Millionrounds; every figure on the page links to its filing or article) Canada · [Series A startup](https://millionrounds.com/companies) # 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 summary Updated 26 Oct 2026 **$17M** raised across 2 rounds since 2021, from 2 sources **$7.0M** Series A **$10M** Series A - **Latest round:** Series A, $10M Aug 2023 - **Step-up i:** 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. 2022 2023 **$7.0M** Series A **$10M** Series A - **First round:** Series A, $7.0M - **Biggest round:** $10M - **Between rounds:** 22 months ## The rounds - **Aug 2023** Series A **$10M** *3 new* [Elemental Impact](https://millionrounds.com/fund/elemental-impact) [S2G Investments](https://millionrounds.com/fund/s2g-investments) [Sound Ventures](https://millionrounds.com/fund/sound-ventures) Source recorded - **Oct 2021** Series A **$7.0M** *5 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Google Ventures](https://millionrounds.com/fund/gv) [Unpopular Ventures](https://millionrounds.com/fund/unpopular-ventures) [Flex Capital](https://millionrounds.com/fund/flex-capital) [Shrug Capital](https://millionrounds.com/fund/shrug-capital) Source recorded SEC 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. **Series A** 2021 **Series A** 2023 [Y Combinator](https://millionrounds.com/fund/y-combinator) [Google Ventures](https://millionrounds.com/fund/gv) [Unpopular Ventures](https://millionrounds.com/fund/unpopular-ventures) [Flex Capital](https://millionrounds.com/fund/flex-capital) [Elemental Impact](https://millionrounds.com/fund/elemental-impact) [S2G Investments](https://millionrounds.com/fund/s2g-investments) [Sound Ventures](https://millionrounds.com/fund/sound-ventures) [Shrug Capital](https://millionrounds.com/fund/shrug-capital) ## The exit Exit Buyer Price When Acquired Medium undisclosed Apr 2013 From historical deal records. Wrong? [Tell us](https://millionrounds.com/corrections?slug=matter). ## Everyone who backed them [Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round [Google Ventures](https://millionrounds.com/fund/gv) Corporate VC **1** round [Unpopular Ventures](https://millionrounds.com/fund/unpopular-ventures) VC firm **1** round [Flex Capital](https://millionrounds.com/fund/flex-capital) VC firm **1** round [Elemental Impact](https://millionrounds.com/fund/elemental-impact) VC firm **1** round [S2G Investments](https://millionrounds.com/fund/s2g-investments) Growth equity **1** round [Sound Ventures](https://millionrounds.com/fund/sound-ventures) VC firm **1** round [Shrug Capital](https://millionrounds.com/fund/shrug-capital) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=matter). ## 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. ## Companies like Matter In the same sector, and raised in the last eighteen months. [**Quminex** $1.1M · Oct 2026](https://millionrounds.com/company/quminex)[**Biossil** $153M · Sept 2026](https://millionrounds.com/company/biossil)[**Astrus** $20M · Sept 2026](https://millionrounds.com/company/astrus)[**Altis Labs** $31M · Sept 2026](https://millionrounds.com/company/altis-labs)[**Thri5** $5.4M · Sept 2026](https://millionrounds.com/company/thri5)[**LawZero** $215M · Sept 2026](https://millionrounds.com/company/lawzero) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app