# MemVerge funding: rounds and investors

> MemVerge has raised $25M across 2 rounds since 2019. Investors include Lightspeed Venture Partners, Gaorong Capital and Northern Light Venture Capital.

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

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

# Who invested in *MemVerge*

2 rounds we have observed, with the 8 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.

DevOps IT Services

Funding summary Updated 26 Oct 2026

**$25M** raised across 2 rounds since 2019, from 2 sources

- **Latest round:** Venture Dec 2022
- **Biggest round:** $25M Series A · Apr 2019
- **Investors:** 8

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.

2019 2020 2021 2022

**$25M** Series A

**?** Venture

- **First round:** Series A, $25M
- **Biggest round:** $25M
- **Between rounds:** 3.7 years

## The rounds

- **Dec 2022** Venture **Amount undisclosed** *3 new* *2 returning* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Northern Light Venture Capital](https://millionrounds.com/fund/nlvc) [Gaorong Capital](https://millionrounds.com/fund/gaorong-capital) [Cisco Investments](https://millionrounds.com/fund/cisco-investments) [Foothill Ventures](https://millionrounds.com/fund/foothill-ventures) Source recorded
- **Apr 2019** Series A **$25M** *5 new* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Gaorong Capital](https://millionrounds.com/fund/gaorong-capital) [Northern Light Capital](https://millionrounds.com/fund/northern-light-capital) [LMDV Capital](https://millionrounds.com/fund/lmdv-capital) Jerusalem Reported by FinSMEs

## Founders and team

From MemVerge's own website: 6 on the team.

- **Charles Fan** CEO
- **Shu Wang** CTO
- **Jeffrey Wang** VP of Engineering
- **Jonathan Jiang** VP of Engineering
- **Kathy Do** VP Finance and Operations
- **Shuki Bruck** Chairman

## 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** 2019 **Venture** 2022 [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Gaorong Capital](https://millionrounds.com/fund/gaorong-capital) [Northern Light Venture Capital](https://millionrounds.com/fund/nlvc) [Cisco Investments](https://millionrounds.com/fund/cisco-investments) [Foothill Ventures](https://millionrounds.com/fund/foothill-ventures) [Northern Light Capital](https://millionrounds.com/fund/northern-light-capital) [LMDV Capital](https://millionrounds.com/fund/lmdv-capital) Jerusalem

## Everyone who backed them

[Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **2** rounds

[Gaorong Capital](https://millionrounds.com/fund/gaorong-capital) VC firm **2** rounds

[Northern Light Venture Capital](https://millionrounds.com/fund/nlvc) VC firm **1** round

[Cisco Investments](https://millionrounds.com/fund/cisco-investments) Corporate VC **1** round

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

[Northern Light Capital](https://millionrounds.com/fund/northern-light-capital) Private equity **1** round

[LMDV Capital](https://millionrounds.com/fund/lmdv-capital) Family office **1** round

Jerusalem no record of our own yet **1** round

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

## Also claim to have backed them

These 4 firms list MemVerge 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.

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

[BRC Innovation](https://millionrounds.com/fund/brain-robotics-capital) VC firm Per its own site

[AIRX INNOVERSE](https://millionrounds.com/fund/airx-innoverse) Venture studio Per its own site

[CliffsVC](https://millionrounds.com/fund/cliffsvc) Venture studio Per its own site

## Quick answers about MemVerge

### Who invested in MemVerge?

MemVerge's investors include Lightspeed Venture Partners, Gaorong Capital, Northern Light Venture Capital, Cisco Investments and Foothill Ventures, and 3 more on record.

### How much has MemVerge raised?

MemVerge has raised $25M across 2 rounds since 2019. One round did not disclose an amount, so the total is a floor.

### When did MemVerge last raise?

MemVerge's most recent round was a Venture in Dec 2022.

### What was MemVerge's biggest round?

MemVerge's largest round on record is $25M (Series A), in Apr 2019.

### Who backed MemVerge first?

MemVerge's first round on record, in Apr 2019, was backed by Lightspeed Venture Partners, Gaorong Capital and Northern Light Capital and 2 others.

### What stage is MemVerge at?

MemVerge's latest named round is a Venture, in Dec 2022.

### Where is MemVerge based?

MemVerge is based in the United States.

## Companies like MemVerge

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

[**Blacksmith** $131M · Oct 2026](https://millionrounds.com/company/blacksmith)[**Chariot Claims** $23M · Oct 2026](https://millionrounds.com/company/chariot-claims)[**FlexCompute** $53M · Oct 2026](https://millionrounds.com/company/flexcompute)[**Subeca** $9.0M · Oct 2026](https://millionrounds.com/company/subeca)[**StarLifter** $4.0M · Oct 2026](https://millionrounds.com/company/starlifter)[**Negosh** $3.1M · Oct 2026](https://millionrounds.com/company/negosh)

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