# memQ funding: rounds and investors > memQ has raised $13M across 2 rounds since 2023. Investors include Quantonation, Ocean Azul Partners and Hyde Park Venture Partners. Source: https://millionrounds.com/company/memq (Millionrounds; every figure on the page links to its filing or article) United States · [Series A startup](https://millionrounds.com/companies) # Who invested in *memQ* 2 rounds we have observed, with the 11 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. Construction IT Services Quantum Computing Telecoms Raised 7 months ago Funding summary Updated 26 Oct 2026 **$13M** raised across 2 rounds since 2023, from 2 sources **$2.5M** Seed **$10M** Series A - **Latest round:** Series A, $10M Apr 2026 - **Led by:** Quantonation and Ocean Azul Partners - **Step-up i:** 4× - **Investors:** 11 (2 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. 2023 2024 2025 2026 **$2.5M** Seed **$10M** Series A - **First round:** Seed, $2.5M - **Biggest round:** $10M - **Between rounds:** 3.2 years ## The rounds - **Apr 2026** Series A **$10M** *10 new* *1 returning* [Quantonation](https://millionrounds.com/fund/quantonation) Lead [Ocean Azul Partners](https://millionrounds.com/fund/ocean-azul-partners) Lead [Hyde Park Venture Partners](https://millionrounds.com/fund/hyde-park-venture-partners) [BlueSky Capital](https://millionrounds.com/fund/blue-sky-capital-corporation) [Transpose Platform](https://millionrounds.com/fund/transpose-platform) [Harper Court Ventures](https://millionrounds.com/fund/harper-court-ventures) [Exposition Partners](https://millionrounds.com/fund/exposition-partners) [GrayArch Partners](https://millionrounds.com/fund/grayarch-partners) [Illinois Innovation Venture Fund Program](https://millionrounds.com/fund/illinois-innovation-venture-fund-program) [Skydeck Capital](https://millionrounds.com/fund/skydeck-capital) [Yaletown Ventures](https://millionrounds.com/fund/yaletown-ventures) Reported by Qbeat Ventures - **Feb 2023** Seed **$2.5M** *1 new* [Quantonation](https://millionrounds.com/fund/quantonation) Source recorded ## Founders and team From memQ's own website: 2 founders, 1 on the team. **Sean Sullivan** Co founder, CTO **Supratik Guha** Co founder - **Charles Foley** Chairman, CEO ## 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** 2023 **Series A** 2026 [Quantonation](https://millionrounds.com/fund/quantonation) L [Ocean Azul Partners](https://millionrounds.com/fund/ocean-azul-partners) L [Hyde Park Venture Partners](https://millionrounds.com/fund/hyde-park-venture-partners) [BlueSky Capital](https://millionrounds.com/fund/blue-sky-capital-corporation) [Transpose Platform](https://millionrounds.com/fund/transpose-platform) [Harper Court Ventures](https://millionrounds.com/fund/harper-court-ventures) [Exposition Partners](https://millionrounds.com/fund/exposition-partners) [GrayArch Partners](https://millionrounds.com/fund/grayarch-partners) [Illinois Innovation Venture Fund Program](https://millionrounds.com/fund/illinois-innovation-venture-fund-program) [Skydeck Capital](https://millionrounds.com/fund/skydeck-capital) ## Everyone who backed them [Quantonation](https://millionrounds.com/fund/quantonation) VC firm **2** rounds, led 1 [Ocean Azul Partners](https://millionrounds.com/fund/ocean-azul-partners) VC firm **1** round, led 1 [Hyde Park Venture Partners](https://millionrounds.com/fund/hyde-park-venture-partners) VC firm **1** round [BlueSky Capital](https://millionrounds.com/fund/blue-sky-capital-corporation) VC firm **1** round [Transpose Platform](https://millionrounds.com/fund/transpose-platform) VC firm **1** round [Harper Court Ventures](https://millionrounds.com/fund/harper-court-ventures) VC firm **1** round [Exposition Partners](https://millionrounds.com/fund/exposition-partners) VC firm **1** round [GrayArch Partners](https://millionrounds.com/fund/grayarch-partners) VC firm **1** round [Illinois Innovation Venture Fund Program](https://millionrounds.com/fund/illinois-innovation-venture-fund-program) VC firm **1** round [Skydeck Capital](https://millionrounds.com/fund/skydeck-capital) Family office **1** round [Yaletown Ventures](https://millionrounds.com/fund/yaletown-ventures) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=memq). ## Quick answers about memQ ### Who invested in memQ? memQ's investors include Quantonation, Ocean Azul Partners, Hyde Park Venture Partners, BlueSky Capital and Transpose Platform, and 6 more on record. Quantonation led its latest round. ### How much has memQ raised? memQ has raised $13M across 2 rounds since 2023. ### When did memQ last raise? memQ's most recent round was a Series A of $10M in Apr 2026, led by Quantonation. ### What was memQ's biggest round? Its most recent round, $10M in Apr 2026, is also its largest on record. ### Who backed memQ first? memQ's first round on record, in Feb 2023, was backed by Quantonation. ### What stage is memQ at? memQ's latest named round is a Series A, in Apr 2026. ### Where is memQ based? memQ is based in the United States. ### Who led memQ's rounds? Quantonation led the Series A in 2026. ## Companies like memQ In the same sector, and raised in the last eighteen months. [**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)[**TruAgents** $3.4M · Oct 2026](https://millionrounds.com/company/truagents)[**Mach9** $46M · Oct 2026](https://millionrounds.com/company/mach9)[**ASI** $325M · Oct 2026](https://millionrounds.com/company/asi)[**Qualitate** $32M · Oct 2026](https://millionrounds.com/company/qualitate) ## 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