# Modern Milkman funding: rounds and investors

> Modern Milkman has raised $71M across 7 rounds since 2021. Investors include Insight Partners, Crowdcube and Oryx Fund. Every round with its source.

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

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

# Who invested in *Modern Milkman*

7 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.

Consumer Goods

Raised 10 months ago

Funding summary Updated 26 Oct 2026

**$71M** raised across 7 rounds since 2021, from 7 sources

**$14M** Series B **$27M** Series C **$696K** Series C **$6.3M** Round **$2.6M** Round **$7.3M** Round **$14M** Debt

- **Latest round:** Debt, $14M Jan 2026
- **Biggest round:** $27M Series C · Jun 2022
- **Step-up i:** 1.9×
- **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.

2022 2023 2024 2025 2026

**$14M** Series B

**$27M** Series C

**$696K** Series C

**$6.3M** Round

**$2.6M** Round

**$7.3M** Round

**$14M** Debt

- **First round:** Series B, $14M
- **Biggest round:** $27M
- **Usual gap between rounds:** 8 months

## The rounds

- **Jan 2026** Debt **$14M** *5 new* [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [Crowdcube](https://millionrounds.com/fund/crowdcube) [Oryx Fund](https://millionrounds.com/fund/oryx-fund) [Praetura Ventures](https://millionrounds.com/fund/praetura-ventures) [ETF Partners](https://millionrounds.com/fund/etf-partners-the-environmental-technologies-fund) Source recorded
- **Sept 2025** Round **$7.3M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jan 2025** Round **$2.6M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jan 2024** Round **$6.3M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jan 2023** Series C **$696K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jun 2022** Series C **$27M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Oct 2021** Series B **$14M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

Modern Milkman filed 8 raises, $57M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Sept 2025 **$7.3M** UK share allotment
- Jan 2025 **$2.6M** UK share allotment
- Jan 2024 **$6.3M** UK share allotment
- Jan 2023 **$696K** UK share allotment
- Jun 2022 **$5.3M** UK share allotment
- Jun 2022 **$18M** UK share allotment
- Jun 2022 **$3.2M** UK share allotment
- Oct 2021 **$14M** 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 B** 2021 **Series C** 2022 **Series C** 2023 **Round** 2024 **Round** 2025 **Round** 2025 **Debt** 2026 [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [Crowdcube](https://millionrounds.com/fund/crowdcube) [Oryx Fund](https://millionrounds.com/fund/oryx-fund) [Praetura Ventures](https://millionrounds.com/fund/praetura-ventures) [ETF Partners](https://millionrounds.com/fund/etf-partners-the-environmental-technologies-fund)

## Everyone who backed them

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

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

[Oryx Fund](https://millionrounds.com/fund/oryx-fund) VC firm **1** round

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

[ETF Partners](https://millionrounds.com/fund/etf-partners-the-environmental-technologies-fund) VC firm **1** round

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

## Quick answers about Modern Milkman

### Who invested in Modern Milkman?

Modern Milkman's investors include Insight Partners, Crowdcube, Oryx Fund, Praetura Ventures and ETF Partners.

### How much has Modern Milkman raised?

Modern Milkman has raised $71M across 7 rounds since 2021.

### When did Modern Milkman last raise?

Modern Milkman's most recent round was a Debt of $14M in Jan 2026.

### What was Modern Milkman's biggest round?

Modern Milkman's largest round on record is $27M (Series C), in Jun 2022.

### Who backed Modern Milkman first?

Modern Milkman's first round on record, in Jan 2026, was backed by Insight Partners, Crowdcube and Oryx Fund and 2 others.

### What stage is Modern Milkman at?

Modern Milkman's latest named round is a Debt, in Jan 2026.

### Where is Modern Milkman based?

Modern Milkman is based in the United Kingdom.

## Companies like Modern Milkman

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

[**Opply** $23M · Oct 2026](https://millionrounds.com/company/opply)[**Far-UK** $486M · Sept 2026](https://millionrounds.com/company/far-uk)[**Happity** $2.7M · Sept 2026](https://millionrounds.com/company/happity)[**Snag Tights** $5.4M · Jul 2026](https://millionrounds.com/company/snag-tights)[**Denzel's** $7.1M · Jun 2026](https://millionrounds.com/company/denzel-s)[**Ademen** $2.1M · Jun 2026](https://millionrounds.com/company/ademen)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app
