# MineralTree funding: rounds and investors

> MineralTree has raised $69M across 4 rounds since 2011. Investors include 406 Ventures, Fidelity Growth Partners and Great Hill Partners.

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

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

# Who invested in *MineralTree*

4 rounds we have observed, with the 6 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.

Fintech

Funding summary Updated 26 Oct 2026

**$69M** raised across 4 rounds since 2011, from 4 sources

**$1.5M** Venture **$6.3M** Series A **$11M** Series B **$50M** Round

- **Latest round:** Round, $50M Mar 2019
- **Led by:** Great Hill Partners
- **Step-up i:** 4.5×
- **Investors:** 6 (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.

2013 2015 2017 2019

**$1.5M** Venture

**$6.3M** Series A

**$11M** Series B

**$50M** Round

- **First round:** Venture, $1.5M
- **Biggest round:** $50M
- **Usual gap between rounds:** 2.7 years

## The rounds

- **Mar 2019** Round **$50M** *2 new* [Great Hill Partners](https://millionrounds.com/fund/great-hill-partners) Lead [Eight Roads Ventures](https://millionrounds.com/fund/eight-roads) Reported by FinSMEs SEC filing: $38M sold, first sale Mar 2019
- **Feb 2015** Series B **$11M** *1 new* *2 returning* [406 Ventures](https://millionrounds.com/fund/406-ventures) [First Data](https://millionrounds.com/fund/first-data) [Fidelity Growth Partners](https://millionrounds.com/fund/fidelity-growth-partners) From a historical funding record SEC filing: $11M sold, first sale Jan 2015
- **Jun 2012** Series A **$6.3M** *2 new* *1 returning* [406 Ventures](https://millionrounds.com/fund/406-ventures) [Fidelity Growth Partners](https://millionrounds.com/fund/fidelity-growth-partners) [Fidelity Growth Partners Global](https://millionrounds.com/fund/fidelity-growth-partners-global) Reported by techcrunch.com SEC filing: $6.3M sold, first sale Jun 2012
- **Nov 2011** Venture **$1.5M** *1 new* [406 Ventures](https://millionrounds.com/fund/406-ventures) Reported by pehub.com

## Founders and team

From the SEC filings it signed: 3 on the team.

- **Christopher Sands** Executive Officer i
- **Micah Remley** Executive Officer, Director i
- **Vijay Ramnathan** Executive Officer i

On the board, as filed i *Maria Cirino* *Matthew Vettel* *Nicholas Cayer* *Ralph Dangelmaier* *Robert Anderson* *Sanjay Aggarwal*

## 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.

**Venture** 2011 **Series A** 2012 **Series B** 2015 **Round** 2019 [406 Ventures](https://millionrounds.com/fund/406-ventures) [Fidelity Growth Partners](https://millionrounds.com/fund/fidelity-growth-partners) [Great Hill Partners](https://millionrounds.com/fund/great-hill-partners) L [Eight Roads Ventures](https://millionrounds.com/fund/eight-roads) [First Data](https://millionrounds.com/fund/first-data) [Fidelity Growth Partners Global](https://millionrounds.com/fund/fidelity-growth-partners-global)

## Everyone who backed them

[406 Ventures](https://millionrounds.com/fund/406-ventures) VC firm **3** rounds

[Fidelity Growth Partners](https://millionrounds.com/fund/fidelity-growth-partners) Investment firm **2** rounds

[Great Hill Partners](https://millionrounds.com/fund/great-hill-partners) Private equity **1** round, led 1

[Eight Roads Ventures](https://millionrounds.com/fund/eight-roads) VC firm **1** round

[First Data](https://millionrounds.com/fund/first-data) Corporate VC **1** round

[Fidelity Growth Partners Global](https://millionrounds.com/fund/fidelity-growth-partners-global) VC firm **1** round

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

## Quick answers about MineralTree

### Who invested in MineralTree?

MineralTree's investors include 406 Ventures, Fidelity Growth Partners, Great Hill Partners, Eight Roads Ventures and First Data, and 1 more on record. Great Hill Partners led its latest round.

### How much has MineralTree raised?

MineralTree has raised $69M across 4 rounds since 2011.

### When did MineralTree last raise?

MineralTree's most recent round was an Undisclosed round of $50M in Mar 2019, led by Great Hill Partners.

### What was MineralTree's biggest round?

Its most recent round, $50M in Mar 2019, is also its largest on record.

### Who backed MineralTree first?

MineralTree's first round on record, in Nov 2011, was backed by 406 Ventures.

### What stage is MineralTree at?

MineralTree's latest named round is an Undisclosed round, in Mar 2019.

### Where is MineralTree based?

MineralTree is based in the United States.

### Who led MineralTree's rounds?

Great Hill Partners led the Undisclosed round in 2019.

## Companies like MineralTree

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)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)

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