# MinIO funding: rounds and investors

> MinIO has raised $123M across 2 rounds since 2017. Investors include General Catalyst, Intel Capital and Index Ventures. Every round with its source.

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

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

# Who invested in *MinIO*

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.

AI Big Data & Analytics

Valuation: $1.0B, Mar 2026

Funding summary Updated 26 Oct 2026

**$123M** raised across 2 rounds since 2017, from 2 sources

**$20M** Series A **$103M** Series B

- **Latest round:** Series B, $103M Jan 2022
- **Step-up i:** 5.2×
- **Investors:** 11

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.

2018 2019 2020 2021 2022

**$20M** Series A

**$103M** Series B

- **First round:** Series A, $20M
- **Biggest round:** $103M
- **Between rounds:** 4.3 years

## The rounds

- **Jan 2022** Series B **$103M** *6 new* *1 returning* [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Intel Capital](https://millionrounds.com/fund/intel-capital) [Index Ventures](https://millionrounds.com/fund/index-ventures) [U.S. Venture Partners](https://millionrounds.com/fund/u-s-venture-partners-usvp) [SoftBank](https://millionrounds.com/fund/softbank-2) [Nexus Venture Partners](https://millionrounds.com/fund/nexus-venture-partners) [SoftBank Vision Fund](https://millionrounds.com/fund/softbank-investment-advisers) Source recorded
- **Sept 2017** Series A **$20M** *5 new* [General Catalyst](https://millionrounds.com/fund/general-catalyst) [AME Cloud Ventures](https://millionrounds.com/fund/ame-cloud-ventures) [Dell Technologies Capital](https://millionrounds.com/fund/dell-technologies-capital) Nexus Venture Partners/ Intel Steve Singh Reported by FinSMEs

## Founders and team

From MinIO's own website: 2 founders, 4 on the team.

**Anand Babu Periasamy** Co-Founder and Co-CEO

**Garima Kapoor** Co-Founder and Co-CEO

- **Susie Ughe** Vice President, People
- **Erik Frieberg** Chief Marketing Officer
- **Mahesh Patel** Chief Business Officer
- **Ran Kurup** Chief Corporate Development Officer

## 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** 2017 **Series B** 2022 [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Intel Capital](https://millionrounds.com/fund/intel-capital) [Index Ventures](https://millionrounds.com/fund/index-ventures) [U.S. Venture Partners](https://millionrounds.com/fund/u-s-venture-partners-usvp) [SoftBank](https://millionrounds.com/fund/softbank-2) [Nexus Venture Partners](https://millionrounds.com/fund/nexus-venture-partners) [AME Cloud Ventures](https://millionrounds.com/fund/ame-cloud-ventures) [SoftBank Vision Fund](https://millionrounds.com/fund/softbank-investment-advisers) [Dell Technologies Capital](https://millionrounds.com/fund/dell-technologies-capital) Nexus Venture Partners/ Intel

## Everyone who backed them

[General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **2** rounds

[Intel Capital](https://millionrounds.com/fund/intel-capital) Corporate VC **1** round

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

[U.S. Venture Partners](https://millionrounds.com/fund/u-s-venture-partners-usvp) VC firm **1** round

[SoftBank](https://millionrounds.com/fund/softbank-2) Investment firm **1** round

[Nexus Venture Partners](https://millionrounds.com/fund/nexus-venture-partners) VC firm **1** round

[AME Cloud Ventures](https://millionrounds.com/fund/ame-cloud-ventures) VC firm **1** round

[SoftBank Vision Fund](https://millionrounds.com/fund/softbank-investment-advisers) VC firm **1** round

[Dell Technologies Capital](https://millionrounds.com/fund/dell-technologies-capital) Corporate VC **1** round

Nexus Venture Partners/ Intel no record of our own yet **1** round

Steve Singh 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=minio).

## Also claim to have backed them

This firm lists MinIO as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Story Capital](https://millionrounds.com/fund/story-capital) Private equity Per its own site

## Quick answers about MinIO

### Who invested in MinIO?

MinIO's investors include General Catalyst, Intel Capital, Index Ventures, U.S. Venture Partners and SoftBank, and 6 more on record.

### How much has MinIO raised?

MinIO has raised $123M across 2 rounds since 2017.

### When did MinIO last raise?

MinIO's most recent round was a Series B of $103M in Jan 2022.

### What was MinIO's biggest round?

Its most recent round, $103M in Jan 2022, is also its largest on record.

### Who backed MinIO first?

MinIO's first round on record, in Sept 2017, was backed by General Catalyst, AME Cloud Ventures and Dell Technologies Capital and 2 others.

### What stage is MinIO at?

MinIO's latest named round is a Series B, in Jan 2022.

### Where is MinIO based?

MinIO is based in the United States.

## Companies like MinIO

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

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)

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