# MediaMath funding: rounds and investors

> MediaMath has raised $605M across 9 rounds since 2008. Investors include QED Investors, Safeguard Scientifics and European Founders Fund.

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

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

# Who invested in *MediaMath*

9 rounds we have observed, with the 9 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.

Advertising & Adtech Martech

Valuation: $1.0B, Apr 2022

Funding summary Updated 26 Oct 2026

**$605M** raised across 9 rounds since 2008, from 9 sources

**$10M** Series A **$2.5M** Debt **$377K** Venture **$14M** Series B **$74M** Series C **$105M** Debt **$175M** Round **$225M** Round

- **Latest round:** Round, $225M Jul 2018
- **Step-up i:** 1.3×
- **Investors:** 9 (1 led)

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.

2008 2010 2012 2014 2016 2018

**?** Series A

**$10M** Series A

**$2.5M** Debt

**$14M** Series B

**$74M** Series C

**$105M** Debt

**$175M** Round

**$225M** Round

- **First round:** Series A
- **Biggest round:** $225M
- **Usual gap between rounds:** 17 months

## The rounds

- **Jul 2018** Round **$225M** *1 new* [Searchlight Capital Partners](https://millionrounds.com/fund/searchlight-capital-partners) Reported by FinSMEs SEC filing: $126M sold, first sale Jun 2018
- **Jun 2017** Round **$175M** *1 new* Goldman Sachs/ Santander Bank Lead Reported by TechCrunch
- **Jun 2014** Debt **$105M** No investor was named in the report. From a historical funding record SEC filing: $74M sold, first sale May 2014
- **May 2014** Series C **$74M** *3 new* *1 returning* [Safeguard Scientifics](https://millionrounds.com/fund/safeguard-scientifics) [Catalyst Investors](https://millionrounds.com/fund/catalyst-investors) [Spring Lake Equity Partners](https://millionrounds.com/fund/spring-lake-equity-partners) [Observatory Capital](https://millionrounds.com/fund/observatory-capital) From a historical funding record SEC filing: $74M sold, first sale May 2014
- **Mar 2011** Series B **$14M** *2 returning* [QED Investors](https://millionrounds.com/fund/qed-investors) [European Founders Fund](https://millionrounds.com/fund/european-founders-fund) Reported by techcrunch.com SEC filing: $9.0M sold, first sale Feb 2011
- **Apr 2010** Venture **$377K** No investor was named in the report. Reported by sec.gov SEC filing: $377K sold, first sale Apr 2010
- **Aug 2009** Series A **$10M** *2 new* *1 returning* [QED Investors](https://millionrounds.com/fund/qed-investors) [Safeguard Scientifics](https://millionrounds.com/fund/safeguard-scientifics) [European Founders Fund](https://millionrounds.com/fund/european-founders-fund) Reported by freshnews.com SEC filing: $6.6M sold, first sale Jul 2009
- **Aug 2009** Debt **$2.5M** *1 new* *3 returning* [SVB Capital](https://millionrounds.com/fund/svb-capital) [QED Investors](https://millionrounds.com/fund/qed-investors) [Safeguard Scientifics](https://millionrounds.com/fund/safeguard-scientifics) [European Founders Fund](https://millionrounds.com/fund/european-founders-fund) Reported by freshnews.com SEC filing: $6.6M sold, first sale Jul 2009
- **Mar 2008** Series A **Amount undisclosed** *1 new* [QED Investors](https://millionrounds.com/fund/qed-investors) From a historical funding record

## Founders and team

From the SEC filings it signed: 5 on the team.

- **Ari Buchalter** Executive Officer i
- **Brian Miller** Executive Officer i
- **Jeannie Mun** Executive Officer i
- **Jeffrey Davis** Executive Officer i
- **Joseph Zawadzki** Executive Officer, Director, Promoter i

On the board, as filed i *Dan MacKeigan* *Erik Rasmussen* *Jeffrey Rayport* *Michael Barrett* *Nigel Morris*

## 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** 2009 **Debt** 2009 **Venture** 2010 **Series B** 2011 **Series C** 2014 **Debt** 2014 **Round** 2017 **Round** 2018 [QED Investors](https://millionrounds.com/fund/qed-investors) [Safeguard Scientifics](https://millionrounds.com/fund/safeguard-scientifics) [European Founders Fund](https://millionrounds.com/fund/european-founders-fund) Goldman Sachs/ Santander Bank L [SVB Capital](https://millionrounds.com/fund/svb-capital) [Catalyst Investors](https://millionrounds.com/fund/catalyst-investors) [Spring Lake Equity Partners](https://millionrounds.com/fund/spring-lake-equity-partners) [Searchlight Capital Partners](https://millionrounds.com/fund/searchlight-capital-partners) [Observatory Capital](https://millionrounds.com/fund/observatory-capital)

## Everyone who backed them

[QED Investors](https://millionrounds.com/fund/qed-investors) VC firm **4** rounds

[Safeguard Scientifics](https://millionrounds.com/fund/safeguard-scientifics) Private equity **3** rounds

[European Founders Fund](https://millionrounds.com/fund/european-founders-fund) Investment firm **3** rounds

Goldman Sachs/ Santander Bank no record of our own yet **1** round, led 1

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

[Catalyst Investors](https://millionrounds.com/fund/catalyst-investors) Private equity **1** round

[Spring Lake Equity Partners](https://millionrounds.com/fund/spring-lake-equity-partners) Private equity **1** round

[Searchlight Capital Partners](https://millionrounds.com/fund/searchlight-capital-partners) Private equity **1** round

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

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

## Also claim to have backed them

These 5 firms list MediaMath 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.

[Hyde Park Angels](https://millionrounds.com/fund/hyde-park-angels) Angel network Per its own site

[Blue Collective](https://millionrounds.com/fund/blue-collective) VC firm Per its own site

[FireStarter Fund](https://millionrounds.com/fund/firestarter-fund) VC firm Per its own site

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

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

## Quick answers about MediaMath

### Who invested in MediaMath?

MediaMath's investors include QED Investors, Safeguard Scientifics, European Founders Fund, Goldman Sachs/ Santander Bank and SVB Capital, and 4 more on record.

### How much has MediaMath raised?

MediaMath has raised $605M across 9 rounds since 2008. One round did not disclose an amount, so the total is a floor.

### When did MediaMath last raise?

MediaMath's most recent round was an Undisclosed round of $225M in Jul 2018.

### What was MediaMath's biggest round?

Its most recent round, $225M in Jul 2018, is also its largest on record.

### Who backed MediaMath first?

MediaMath's first round on record, in Mar 2008, was backed by QED Investors.

### What stage is MediaMath at?

MediaMath's latest named round is an Undisclosed round, in Jul 2018.

### Where is MediaMath based?

MediaMath is based in the United States.

### Who led MediaMath's rounds?

Goldman Sachs/ Santander Bank led the Undisclosed round in 2017.

## Companies like MediaMath

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

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