# Meniga funding: rounds and investors

> Meniga has raised $34M across 4 rounds since 2013. Investors include Frumtak Ventures, Anthemis and UniCredit. Every round with its source.

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

Iceland · [Series D startup](https://millionrounds.com/companies)

# Who invested in *Meniga*

4 rounds we have observed, with the 10 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.

Financial Services Fintech

Funding summary Updated 26 Oct 2026

**$34M** raised across 4 rounds since 2013, from 4 sources

**$6.5M** Series A **$7.9M** Round **$3.4M** Round **$16M** Series D

- **Latest round:** Series D, $16M Dec 2023
- **Step-up i:** 4.7×
- **Investors:** 10

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.

2013 2015 2017 2019 2021 2023

**$6.5M** Series A

**$7.9M** Round

**$3.4M** Round

**$16M** Series D

- **First round:** Series A, $6.5M
- **Biggest round:** $16M
- **Usual gap between rounds:** 3.8 years

[**Meniga** Banking 1 / 15 Their pitch deck **Meniga's pitch deck, 15 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/meniga)

## The rounds

- **Dec 2023** Series D **$16M** *3 new* [Anthemis](https://millionrounds.com/fund/anthemis-group) [UniCredit](https://millionrounds.com/fund/unicredit) [The Future Fund](https://millionrounds.com/fund/the-future-fund) Source recorded
- **Nov 2018** Round **$3.4M** *1 new* Islandsbanki Reported by Finextra
- **Apr 2017** Round **$7.9M** *2 new* *1 returning* [Frumtak Ventures](https://millionrounds.com/fund/frumtak-ventures) Industrifonden/ Velocity Kjolfesta Reported by FinSMEs
- **Jul 2013** Series A **$6.5M** *4 new* [Velocity Venture Capital](https://millionrounds.com/fund/velocity-venture-capital) [Frumtak Ventures](https://millionrounds.com/fund/frumtak-ventures) Crealogix Kjölfesta Reported by finovate.com

## 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** 2013 **Round** 2017 **Round** 2018 **Series D** 2023 [Frumtak Ventures](https://millionrounds.com/fund/frumtak-ventures) [Anthemis](https://millionrounds.com/fund/anthemis-group) [UniCredit](https://millionrounds.com/fund/unicredit) [The Future Fund](https://millionrounds.com/fund/the-future-fund) [Velocity Venture Capital](https://millionrounds.com/fund/velocity-venture-capital) Crealogix Industrifonden/ Velocity Islandsbanki Kjolfesta Kjölfesta

## Everyone who backed them

[Frumtak Ventures](https://millionrounds.com/fund/frumtak-ventures) VC firm **2** rounds

[Anthemis](https://millionrounds.com/fund/anthemis-group) VC firm **1** round

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

[The Future Fund](https://millionrounds.com/fund/the-future-fund) VC firm **1** round

[Velocity Venture Capital](https://millionrounds.com/fund/velocity-venture-capital) VC firm **1** round

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

Industrifonden/ Velocity no record of our own yet **1** round

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

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

Kjölfesta 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=meniga).

## Also claim to have backed them

These 2 firms list Meniga 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.

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

[Bootstrap Europe](https://millionrounds.com/fund/bootstrap-europe) Venture debt Per its own site

## Quick answers about Meniga

### Who invested in Meniga?

Meniga's investors include Frumtak Ventures, Anthemis, UniCredit, The Future Fund and Velocity Venture Capital, and 5 more on record.

### How much has Meniga raised?

Meniga has raised $34M across 4 rounds since 2013.

### When did Meniga last raise?

Meniga's most recent round was a Series D of $16M in Dec 2023.

### What was Meniga's biggest round?

Its most recent round, $16M in Dec 2023, is also its largest on record.

### Who backed Meniga first?

Meniga's first round on record, in Jul 2013, was backed by Velocity Venture Capital, Frumtak Ventures and Crealogix and 1 others.

### What stage is Meniga at?

Meniga's latest named round is a Series D, in Dec 2023.

### Where is Meniga based?

Meniga is based in Iceland.

## Companies like Meniga

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

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Ghanem** $1.5M · Oct 2026](https://millionrounds.com/company/ghanem)[**Cashin** $404K · Oct 2026](https://millionrounds.com/company/cashin)[**Cashbanx** $4.1M · Oct 2026](https://millionrounds.com/company/cashbanx)

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