# Mithrl funding: rounds and investors

> Mithrl has raised $24M across 2 rounds since 2024. Investors include Bonfire Ventures, Headline and Obvious Ventures. Every round with its source.

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

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

# Who invested in *Mithrl*

2 rounds we have observed, with the 3 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

Raised 2 months ago

Funding summary Updated 26 Oct 2026

**$24M** raised across 2 rounds since 2024, from 2 sources

**$4.0M** Seed **$20M** Series A

- **Latest round:** Series A, $20M Sept 2026
- **Step-up i:** 5×
- **Investors:** 3

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.

2025 2026

**$4.0M** Seed

**$20M** Series A

- **First round:** Seed, $4.0M
- **Biggest round:** $20M
- **Between rounds:** 22 months

## The rounds

- **Sept 2026** Series A **$20M** *2 new* *1 returning* [Headline](https://millionrounds.com/fund/headline) [Obvious Ventures](https://millionrounds.com/fund/obvious-ventures) [Bonfire Ventures](https://millionrounds.com/fund/bonfire-ventures) Source recorded
- **Nov 2024** Seed **$4.0M** *1 new* [Bonfire Ventures](https://millionrounds.com/fund/bonfire-ventures) Source recorded

## Founders and team

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

**Vivek Adarsh** Co-Founder & CEO

**Shara Balakrishnan** Co-Founder & CTO

- **Answol Hu** Engineering Lead
- **Michelle Garred** Marketing Lead
- **Rupert Yip** Product Lead
- **Sarosh Naseem** Partnerships Lead

## 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.

**Seed** 2024 **Series A** 2026 [Bonfire Ventures](https://millionrounds.com/fund/bonfire-ventures) [Headline](https://millionrounds.com/fund/headline) [Obvious Ventures](https://millionrounds.com/fund/obvious-ventures)

## Everyone who backed them

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

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

[Obvious Ventures](https://millionrounds.com/fund/obvious-ventures) Accelerator **1** round

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

## Quick answers about Mithrl

### Who invested in Mithrl?

Mithrl's investors include Bonfire Ventures, Headline and Obvious Ventures.

### How much has Mithrl raised?

Mithrl has raised $24M across 2 rounds since 2024.

### When did Mithrl last raise?

Mithrl's most recent round was a Series A of $20M in Sept 2026.

### What was Mithrl's biggest round?

Its most recent round, $20M in Sept 2026, is also its largest on record.

### Who backed Mithrl first?

Mithrl's first round on record, in Nov 2024, was backed by Bonfire Ventures.

### What stage is Mithrl at?

Mithrl's latest named round is a Series A, in Sept 2026.

### Where is Mithrl based?

Mithrl is based in the United States.

## Companies like Mithrl

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

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