# MPOWER Financing funding: rounds and investors

> MPOWER Financing has raised $221M across 4 rounds since 2015. Investors include Village Capital, Goldman Sachs and Deutsche Bank. Every round with its source.

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

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

# Who invested in *MPOWER Financing*

4 rounds we have observed, with the 17 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

**$221M** raised across 4 rounds since 2015, from 4 sources

**$4.0M** Seed **$110M** Round **$101M** Debt

- **Latest round:** Debt, $101M Oct 2025
- **Biggest round:** $110M Round · Nov 2018
- **Investors:** 17

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.

2017 2019 2021 2023 2025

**$4.0M** Seed

**$110M** Round

**$101M** Debt

- **First round:** Seed, $4.0M
- **Biggest round:** $110M
- **Usual gap between rounds:** 6.8 years

## The rounds

- **Oct 2025** Debt **$101M** *3 new* *1 returning* [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [Deutsche Bank](https://millionrounds.com/fund/deutsche-bank) [Village Capital](https://millionrounds.com/fund/village-capital) [Breega](https://millionrounds.com/fund/breega) Source recorded
- **Nov 2018** Round **$110M** *9 new* [University Ventures](https://millionrounds.com/fund/university-ventures) [VARIV](https://millionrounds.com/fund/variv-capital) [Gray Matters Capital](https://millionrounds.com/fund/gray-matters-capital) [Fresco](https://millionrounds.com/fund/fresco) [K Street](https://millionrounds.com/fund/k-street) [Goal Structured Solutions](https://millionrounds.com/fund/goal-structured-solutions) [Potencia Ventures](https://millionrounds.com/fund/potencia-ventures) Village Zephyr Management Reported by FinSMEs
- **Oct 2015** Seed **$4.0M** *4 new* [Village Capital](https://millionrounds.com/fund/village-capital) [VilCap Investments](https://millionrounds.com/fund/vilcap-investments) [1776 Ventures](https://millionrounds.com/fund/1776-ventures) [Baltimore Angels](https://millionrounds.com/fund/baltimore-angels) From a historical funding record
- **Date not reported** Series A **$6.0M** Zephyr Peacock India Fund III Reported by FinSMEs

## Founders and team

From MPOWER Financing's own website: 7 on the team.

- **Phillip Riese** President of Riese & Others
- **James Breheny** Chief Legal Officer
- **Pari Lennartz** Chief Technology Officer
- **Debasish Banik** VP of Customer Relations
- **Kishore Nair** VP of Credit Analytics
- **Mukul Gulati** Managing Partner of Zephyr Peacock
- **Scott Wede** MPOWER Financing Board Chairman

## 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** 2015 **Round** 2018 **Debt** 2025 [Village Capital](https://millionrounds.com/fund/village-capital) [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [Deutsche Bank](https://millionrounds.com/fund/deutsche-bank) [Breega](https://millionrounds.com/fund/breega) [VilCap Investments](https://millionrounds.com/fund/vilcap-investments) [University Ventures](https://millionrounds.com/fund/university-ventures) [1776 Ventures](https://millionrounds.com/fund/1776-ventures) [Baltimore Angels](https://millionrounds.com/fund/baltimore-angels) [VARIV](https://millionrounds.com/fund/variv-capital) [Gray Matters Capital](https://millionrounds.com/fund/gray-matters-capital)

## Everyone who backed them

[Village Capital](https://millionrounds.com/fund/village-capital) Accelerator **2** rounds

[Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) Private equity **1** round

[Deutsche Bank](https://millionrounds.com/fund/deutsche-bank) Corporate VC **1** round

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

[VilCap Investments](https://millionrounds.com/fund/vilcap-investments) Accelerator **1** round

[University Ventures](https://millionrounds.com/fund/university-ventures) Private equity **1** round

[1776 Ventures](https://millionrounds.com/fund/1776-ventures) VC firm **1** round

[Baltimore Angels](https://millionrounds.com/fund/baltimore-angels) Angel network **1** round

[VARIV](https://millionrounds.com/fund/variv-capital) Venture studio **1** round

[Gray Matters Capital](https://millionrounds.com/fund/gray-matters-capital) VC firm **1** round

[Fresco](https://millionrounds.com/fund/fresco) Company **1** round

[K Street](https://millionrounds.com/fund/k-street) VC firm **1** round

[Goal Structured Solutions](https://millionrounds.com/fund/goal-structured-solutions) Asset manager **1** round

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

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

Zephyr Management no record of our own yet **1** round

Zephyr Peacock India Fund III 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=mpower-financing).

## Also claim to have backed them

These 5 firms list MPOWER Financing 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.

[Fresco Capital](https://millionrounds.com/fund/fresco-capital) VC firm Per its own site

[K Street Capital](https://millionrounds.com/fund/k-street-capital) VC firm Per its own site

[Zephyr Acorn](https://millionrounds.com/fund/zephyr-peacock-india) VC firm Per its own site

[Builders + Backers](https://millionrounds.com/fund/builders-backers) Venture studio Per its own site

[GP Ventures](https://millionrounds.com/fund/gp-ventures) VC firm Per its own site

## Quick answers about MPOWER Financing

### Who invested in MPOWER Financing?

MPOWER Financing's investors include Village Capital, Goldman Sachs, Deutsche Bank, Breega and VilCap Investments, and 12 more on record.

### How much has MPOWER Financing raised?

MPOWER Financing has raised $221M across 4 rounds since 2015.

### When did MPOWER Financing last raise?

MPOWER Financing's most recent round was a Debt of $101M in Oct 2025.

### What was MPOWER Financing's biggest round?

MPOWER Financing's largest round on record is $110M (Undisclosed round), in Nov 2018.

### Who backed MPOWER Financing first?

MPOWER Financing's first round on record, in Oct 2015, was backed by Village Capital, VilCap Investments and 1776 Ventures and 1 others.

### What stage is MPOWER Financing at?

MPOWER Financing's latest named round is a Debt, in Oct 2025.

### Where is MPOWER Financing based?

MPOWER Financing is based in the United States.

## Companies like MPOWER Financing

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)[**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)

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