# Medallion funding: rounds and investors

> Medallion has raised $57M across 2 rounds since 2023. Investors include Sequoia Capital, Lightspeed Venture Partners and BoxGroup. Every round with its source.

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

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

# Who invested in *Medallion*

2 rounds we have observed, with the 12 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.

Robotics

Funding summary Updated 26 Oct 2026

**$57M** raised across 2 rounds since 2023, from 2 sources

**$14M** Series A **$43M** Series C

- **Latest round:** Series C, $43M Aug 2025
- **Step-up i:** 3.1×
- **Investors:** 12

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.

2024 2025

**$14M** Series A

**$43M** Series C

- **First round:** Series A, $14M
- **Biggest round:** $43M
- **Between rounds:** 20 months

## The rounds

- **Aug 2025** Series C **$43M** *7 new* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [BoxGroup](https://millionrounds.com/fund/boxgroup) [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures) [Spark Capital](https://millionrounds.com/fund/spark-capital) [Optum Ventures](https://millionrounds.com/fund/optum-ventures) [Washington Harbour Partners Lp](https://millionrounds.com/fund/washington-harbour-partners-lp) Source recorded
- **Dec 2023** Series A **$14M** *5 new* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Coinbase Ventures](https://millionrounds.com/fund/coinbase) [Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) [Polygon](https://millionrounds.com/fund/polygon) [TCG](https://millionrounds.com/fund/tcg) Source recorded

## 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** 2023 **Series C** 2025 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [BoxGroup](https://millionrounds.com/fund/boxgroup) [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures) [Spark Capital](https://millionrounds.com/fund/spark-capital) [Coinbase Ventures](https://millionrounds.com/fund/coinbase) [Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) [Polygon](https://millionrounds.com/fund/polygon) [TCG](https://millionrounds.com/fund/tcg)

## Everyone who backed them

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

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

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

[Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) Corporate VC **1** round

[Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures) VC firm **1** round

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

[Coinbase Ventures](https://millionrounds.com/fund/coinbase) Corporate VC **1** round

[Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) VC firm **1** round

[Polygon](https://millionrounds.com/fund/polygon) Hedge fund **1** round

[TCG](https://millionrounds.com/fund/tcg) Private equity **1** round

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

[Washington Harbour Partners Lp](https://millionrounds.com/fund/washington-harbour-partners-lp) Private equity **1** round

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

## Also claim to have backed them

These 5 firms list Medallion 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.

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

[Third Prime](https://millionrounds.com/fund/third-prime) VC firm Per its own site

[Darian Shirazi](https://millionrounds.com/fund/darian-shirazi) VC firm Per its own site

[Faction](https://millionrounds.com/fund/lightspeed-faction) VC firm Per its own site

[Synergis Capital](https://millionrounds.com/fund/synergis-capital) Growth equity Per its own site

## Quick answers about Medallion

### Who invested in Medallion?

Medallion's investors include Sequoia Capital, Lightspeed Venture Partners, BoxGroup, Salesforce Ventures and Liquid 2 Ventures, and 7 more on record.

### How much has Medallion raised?

Medallion has raised $57M across 2 rounds since 2023.

### When did Medallion last raise?

Medallion's most recent round was a Series C of $43M in Aug 2025.

### What was Medallion's biggest round?

Its most recent round, $43M in Aug 2025, is also its largest on record.

### Who backed Medallion first?

Medallion's first round on record, in Dec 2023, was backed by Lightspeed Venture Partners, Coinbase Ventures and Dragonfly Capital Partners and 2 others.

### What stage is Medallion at?

Medallion's latest named round is a Series C, in Aug 2025.

### Where is Medallion based?

Medallion is based in the United States.

## Companies like Medallion

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

[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**Kodama** $7.0M · Oct 2026](https://millionrounds.com/company/kodama)[**Origin** $121M · Oct 2026](https://millionrounds.com/company/origin)[**Applied Intuition** $640M · Oct 2026](https://millionrounds.com/company/applied-intuition)

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