# Maxwell Financial Labs funding: rounds and investors

> Maxwell Financial Labs has raised $30M across 2 rounds since 2016. Investors include Techstars, Right Side Capital Management and Anthemis.

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

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

# Who invested in *Maxwell Financial Labs*

2 rounds we have observed, with the 6 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.

Fintech

Funding summary Updated 26 Oct 2026

**$30M** raised across 2 rounds since 2016, from 2 sources

**$1.9M** Round **$29M** Series B

- **Latest round:** Series B, $29M Oct 2021
- **Step-up i:** 14.6×
- **Investors:** 6

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.

2017 2018 2019 2020 2021

**$1.9M** Round

**$29M** Series B

- **First round:** Round, $1.9M
- **Biggest round:** $29M
- **Between rounds:** 4.8 years

## The rounds

- **Oct 2021** Series B **$29M** *4 new* *1 returning* [Techstars](https://millionrounds.com/fund/techstars) [Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) [Anthemis](https://millionrounds.com/fund/anthemis-group) [Fin Capital](https://millionrounds.com/fund/fin-capital) [TTV Capital](https://millionrounds.com/fund/ttv-capital) Source recorded
- **Dec 2016** Round **$1.9M** *2 new* [Techstars](https://millionrounds.com/fund/techstars) [MATH Venture Partners](https://millionrounds.com/fund/math-venture-partners) Reported by FinSMEs

## Founders and team

From Maxwell Financial Labs's own website: 2 founders, 2 on the team.

**John Paasonen** Co-Founder / CEO

**Rutul Dave** Co-Founder / CTO

- **Jim Smith** Chief Lending Officer
- **Amy Jo Plummer** VP of Customer Success

## 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.

**Round** 2016 **Series B** 2021 [Techstars](https://millionrounds.com/fund/techstars) [Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) [Anthemis](https://millionrounds.com/fund/anthemis-group) [Fin Capital](https://millionrounds.com/fund/fin-capital) [TTV Capital](https://millionrounds.com/fund/ttv-capital) [MATH Venture Partners](https://millionrounds.com/fund/math-venture-partners)

## Everyone who backed them

[Techstars](https://millionrounds.com/fund/techstars) VC firm **2** rounds

[Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) VC firm **1** round

[Anthemis](https://millionrounds.com/fund/anthemis-group) VC firm **1** round

[Fin Capital](https://millionrounds.com/fund/fin-capital) Private equity **1** round

[TTV Capital](https://millionrounds.com/fund/ttv-capital) VC firm **1** round

[MATH Venture Partners](https://millionrounds.com/fund/math-venture-partners) VC firm **1** round

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

## Also claim to have backed them

These 8 firms list Maxwell Financial Labs 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.

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

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

[Confluence Capital](https://millionrounds.com/fund/confluence-capital) Hedge fund Per its own site

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

[Next Level Ventures](https://millionrounds.com/fund/next-level-ventures) VC firm Per its own site

[CMFG Ventures](https://millionrounds.com/fund/cmfg-ventures) Corporate VC Per its own site

[Thirdstream Partners](https://millionrounds.com/fund/thirdstream-partners) VC firm Per its own site

[Rotor Capital](https://millionrounds.com/fund/rotor-capital) VC firm Per its own site

## Quick answers about Maxwell Financial Labs

### Who invested in Maxwell Financial Labs?

Maxwell Financial Labs's investors include Techstars, Right Side Capital Management, Anthemis, Fin Capital and TTV Capital, and 1 more on record.

### How much has Maxwell Financial Labs raised?

Maxwell Financial Labs has raised $30M across 2 rounds since 2016.

### When did Maxwell Financial Labs last raise?

Maxwell Financial Labs's most recent round was a Series B of $29M in Oct 2021.

### What was Maxwell Financial Labs's biggest round?

Its most recent round, $29M in Oct 2021, is also its largest on record.

### Who backed Maxwell Financial Labs first?

Maxwell Financial Labs's first round on record, in Dec 2016, was backed by Techstars and MATH Venture Partners.

### What stage is Maxwell Financial Labs at?

Maxwell Financial Labs's latest named round is a Series B, in Oct 2021.

### Where is Maxwell Financial Labs based?

Maxwell Financial Labs is based in the United States.

## Companies like Maxwell Financial Labs

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

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)

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