# Medal funding: rounds and investors

> Medal has raised $17M across 3 rounds since 2016. Investors include 8VC, Founders Fund and Bossa Invest. Every round with its source.

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

Netherlands · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Medal*

3 rounds we have observed, with the 10 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.

Biotech Gaming Healthcare

Funding summary Updated 26 Oct 2026

**$17M** raised across 3 rounds since 2016, from 3 sources

**$3.8M** Seed **$13M** Venture

- **Latest round:** Venture, $13M Jul 2024
- **Step-up i:** 3.4×
- **Investors:** 10

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.

2016 2018 2020 2022 2024

**$3.8M** Seed

**?** Venture

**$13M** Venture

- **First round:** Seed, $3.8M
- **Biggest round:** $13M
- **Usual gap between rounds:** 5.5 years

## The rounds

- **Jul 2024** Venture **$13M** *5 new* [Bossa Invest](https://millionrounds.com/fund/bossa-invest) [Ridge Ventures](https://millionrounds.com/fund/ridge-ventures) [Omers Ventures](https://millionrounds.com/fund/omers-ventures) [Makers Fund](https://millionrounds.com/fund/makers-fund) [Backed VC](https://millionrounds.com/fund/backed-vc) Source recorded
- **Jan 2019** Venture **Amount undisclosed** *4 new* *1 returning* [Founders Fund](https://millionrounds.com/fund/founders-fund) [8VC](https://millionrounds.com/fund/8vc) [ZhenFund](https://millionrounds.com/fund/zhenfund) [Draper Associates](https://millionrounds.com/fund/draper-associates) [DN Capital](https://millionrounds.com/fund/dn-capital) Source recorded
- **Jun 2016** Seed **$3.8M** *1 new* [8VC](https://millionrounds.com/fund/8vc) Reported by Pressreleaserocket SEC filing: $3.8M sold, first sale Apr 2016

## Founders and team

From the SEC filings it signed: 3 on the team.

- **Andrew R. McMurry** Executive Officer, Director i
- **Deleys R. Brandman** Executive Officer i
- **Lonnie R. Kurlander** Executive Officer, Director i

On the board, as filed i *Daniel R. Kaminsky*

## 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.

**Seed** 2016 **Venture** 2019 **Venture** 2024 [8VC](https://millionrounds.com/fund/8vc) [Founders Fund](https://millionrounds.com/fund/founders-fund) [Bossa Invest](https://millionrounds.com/fund/bossa-invest) [ZhenFund](https://millionrounds.com/fund/zhenfund) [Draper Associates](https://millionrounds.com/fund/draper-associates) [Ridge Ventures](https://millionrounds.com/fund/ridge-ventures) [DN Capital](https://millionrounds.com/fund/dn-capital) [Omers Ventures](https://millionrounds.com/fund/omers-ventures) [Makers Fund](https://millionrounds.com/fund/makers-fund) [Backed VC](https://millionrounds.com/fund/backed-vc)

## Everyone who backed them

[8VC](https://millionrounds.com/fund/8vc) VC firm **2** rounds

[Founders Fund](https://millionrounds.com/fund/founders-fund) VC firm **1** round

[Bossa Invest](https://millionrounds.com/fund/bossa-invest) VC firm **1** round

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

[Draper Associates](https://millionrounds.com/fund/draper-associates) VC firm **1** round

[Ridge Ventures](https://millionrounds.com/fund/ridge-ventures) VC firm **1** round

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

[Omers Ventures](https://millionrounds.com/fund/omers-ventures) VC firm **1** round

[Makers Fund](https://millionrounds.com/fund/makers-fund) VC firm **1** round

[Backed VC](https://millionrounds.com/fund/backed-vc) VC firm **1** round

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

## Also claim to have backed them

These 4 firms list Medal 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.

[Social Starts](https://millionrounds.com/fund/social-starts) VC firm Per its own site

[Alliance VC](https://millionrounds.com/fund/alliance-vc) VC firm Per its own site

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

[Alliance Venture](https://millionrounds.com/fund/alliance-venture) VC firm Per its own site

## Quick answers about Medal

### Who invested in Medal?

Medal's investors include 8VC, Founders Fund, Bossa Invest, ZhenFund and Draper Associates, and 5 more on record.

### How much has Medal raised?

Medal has raised $17M across 3 rounds since 2016. One round did not disclose an amount, so the total is a floor.

### When did Medal last raise?

Medal's most recent round was a Venture of $13M in Jul 2024.

### What was Medal's biggest round?

Its most recent round, $13M in Jul 2024, is also its largest on record.

### Who backed Medal first?

Medal's first round on record, in Jun 2016, was backed by 8VC.

### What stage is Medal at?

Medal's latest named round is a Venture, in Jul 2024.

### Where is Medal based?

Medal is based in the Netherlands.

## Companies like Medal

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

[**Cordys Analytics** $942K · Sept 2026](https://millionrounds.com/company/cordys-analytics)[**Phosphoenix** $1.8M · Sept 2026](https://millionrounds.com/company/phosphoenix)[**UCANACT** $923K · Sept 2026](https://millionrounds.com/company/ucanact)[**Whispp** $5.7M · Jul 2026](https://millionrounds.com/company/whispp)[**New Dawn Bio** $2.6M · Jun 2026](https://millionrounds.com/company/new-dawn-bio)[**Leyden Labs** $221M · Jun 2026](https://millionrounds.com/company/leyden-labs)

## Find investors like these

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