# Mendeley funding: rounds and investors

> Mendeley has raised $8.8M across 3 rounds since 2009. Investors include Stefan Glaenzer, Alex Zubillaga and Ambient Sound Investments.

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

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

# Who invested in *Mendeley*

3 rounds we have observed, with the 5 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.

IT Services

Funding summary Updated 26 Oct 2026

**$8.8M** raised across 3 rounds since 2009, from 3 sources

**$2.0M** Series A **$125K** Grant **$6.7M** Round

- **Latest round:** Round, $6.7M Dec 2022
- **Step-up i:** 53.6×
- **Investors:** 5

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.

2009 2011 2013 2015 2017 2019 2021

**$2.0M** Series A

**$125K** Grant

**$6.7M** Round

- **First round:** Series A, $2.0M
- **Biggest round:** $6.7M
- **Usual gap between rounds:** 10.9 years

## The rounds

- **Dec 2022** Round **$6.7M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jan 2012** Grant **$125K** *1 new* [Alfred P. Sloan Foundation](https://millionrounds.com/fund/alfred-p-sloan-foundation) Reported by science20.com
- **Feb 2009** Series A **$2.0M** *4 new* [Stefan Glaenzer](https://millionrounds.com/fund/stefan-glaenzer) [Alex Zubillaga](https://millionrounds.com/fund/alex-zubillaga) [Ambient Sound Investments](https://millionrounds.com/fund/ambient-sound-investments) [Andurance Ventures](https://millionrounds.com/fund/andurance-ventures-llp) Reported by techcrunch.com

## Funding filed with regulators

Mendeley filed one raise, $6.7M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Dec 2022 **$6.7M** UK share allotment

## 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 **Grant** 2012 **Round** 2022 [Stefan Glaenzer](https://millionrounds.com/fund/stefan-glaenzer) [Alex Zubillaga](https://millionrounds.com/fund/alex-zubillaga) [Ambient Sound Investments](https://millionrounds.com/fund/ambient-sound-investments) [Andurance Ventures](https://millionrounds.com/fund/andurance-ventures-llp) [Alfred P. Sloan Foundation](https://millionrounds.com/fund/alfred-p-sloan-foundation)

## The exit

Exit Buyer Price When

Acquired Elsevier undisclosed Apr 2013

From historical deal records. Wrong? [Tell us](https://millionrounds.com/corrections?slug=mendeley).

## Everyone who backed them

[Stefan Glaenzer](https://millionrounds.com/fund/stefan-glaenzer) VC firm **1** round

[Alex Zubillaga](https://millionrounds.com/fund/alex-zubillaga) VC firm **1** round

[Ambient Sound Investments](https://millionrounds.com/fund/ambient-sound-investments) Family office **1** round

[Andurance Ventures](https://millionrounds.com/fund/andurance-ventures-llp) VC firm **1** round

[Alfred P. Sloan Foundation](https://millionrounds.com/fund/alfred-p-sloan-foundation) VC firm **1** round

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

## Quick answers about Mendeley

### Who invested in Mendeley?

Mendeley's investors include Stefan Glaenzer, Alex Zubillaga, Ambient Sound Investments, Andurance Ventures and Alfred P. Sloan Foundation.

### How much has Mendeley raised?

Mendeley has raised $8.8M across 3 rounds since 2009.

### When did Mendeley last raise?

Mendeley's most recent round, $6.7M, was in Dec 2022.

### What was Mendeley's biggest round?

Its most recent round, $6.7M in Dec 2022, is also its largest on record.

### Who backed Mendeley first?

Mendeley's first round on record, in Feb 2009, was backed by Stefan Glaenzer, Alex Zubillaga and Ambient Sound Investments and 1 others.

### What stage is Mendeley at?

Mendeley's latest named round is a Grant, in Jan 2012.

### Where is Mendeley based?

Mendeley is based in the United Kingdom.

## Companies like Mendeley

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

[**Atlian** $933K · Oct 2026](https://millionrounds.com/company/atlian)[**Nuuri** $1.1M · Sept 2026](https://millionrounds.com/company/nuuri)[**SmartyPlants** $461K · Sept 2026](https://millionrounds.com/company/smartyplants)[**InTouchNow** $3.1M · Sept 2026](https://millionrounds.com/company/intouchnow)[**Vitaspan** $976K · Sept 2026](https://millionrounds.com/company/vitaspan)[**Universal Quantum** $101M · Sept 2026](https://millionrounds.com/company/universal-quantum)

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