# Narrative funding: rounds and investors > Narrative has raised $13M across 5 rounds since 2019. Investors include Y Combinator, Tuhaye Venture Partners and G20 Ventures. Every round with its source. Source: https://millionrounds.com/company/narrative (Millionrounds; every figure on the page links to its filing or article) United States · [Pre-seed startup](https://millionrounds.com/companies) # Who invested in *Narrative* 5 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. AI Big Data & Analytics Marketplaces Software Raised 12 months ago Y Combinator: W23 Funding summary Updated 26 Oct 2026 **$13M** raised across 5 rounds since 2019, from 6 sources **$3.0M** Seed **$8.5M** Series A **$301K** Grant **$500K** Pre-seed **$500K** Pre-seed - **Latest round:** Pre-seed, $500K Nov 2025 - **Biggest round:** $8.5M Series A · Aug 2020 - **Investors:** 17 (2 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. 2019 2020 2021 2022 2023 2024 2025 **$3.0M** Seed **$8.5M** Series A **$301K** Grant **$500K** Pre-seed **$500K** Pre-seed - **First round:** Seed, $3.0M - **Biggest round:** $8.5M - **Usual gap between rounds:** 18 months [**Narrative** Artificial intelligence (AI) 1 / 12 Their pitch deck **Narrative's pitch deck, 12 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/narrative) ## The rounds - **Nov 2025** Pre-seed **$500K** *1 new* *1 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2) Source recorded - **Apr 2023** Pre-seed **$500K** *2 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Rebel Fund](https://millionrounds.com/fund/rebel-fund) Source recorded - **Dec 2021** Grant **$301K** *4 new* [Founders Fund](https://millionrounds.com/fund/founders-fund) [Callaghan Innovation](https://millionrounds.com/fund/callaghan-innovation) [Icehouse Ventures](https://millionrounds.com/fund/icehouse-ventures) [New Zealand Growth Capital Partners](https://millionrounds.com/fund/new-zealand-growth-capital-partners-nzgcp) Source recorded - **Aug 2020** Series A **$8.5M** *5 new* *1 returning* [G20 Ventures](https://millionrounds.com/fund/g20-ventures) Lead [XSeed Capital](https://millionrounds.com/fund/xseed-capital) [Glasswing Ventures](https://millionrounds.com/fund/glasswing-ventures) [Revel Partners](https://millionrounds.com/fund/revel-partners) [Tuhaye Venture Partners](https://millionrounds.com/fund/tuhaye-venture-partners) [MathCapital](https://millionrounds.com/fund/mathcapital) Reported by Firms' own news pages - **Feb 2019** Seed **$3.0M** *5 new* Glasswing Ventures/ XSeed Lead [Cultivation Capital](https://millionrounds.com/fund/cultivation-capital) [Tuhaye Venture Partners](https://millionrounds.com/fund/tuhaye-venture-partners) Christiana Care Health System/ HealthX Revel Reported by Medcitynews and 1 other ## 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** 2019 **Series A** 2020 **Grant** 2021 **Pre-seed** 2023 **Pre-seed** 2025 [Y Combinator](https://millionrounds.com/fund/y-combinator) [Tuhaye Venture Partners](https://millionrounds.com/fund/tuhaye-venture-partners) [G20 Ventures](https://millionrounds.com/fund/g20-ventures) L Glasswing Ventures/ XSeed L [Founders Fund](https://millionrounds.com/fund/founders-fund) [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2) [Callaghan Innovation](https://millionrounds.com/fund/callaghan-innovation) [Rebel Fund](https://millionrounds.com/fund/rebel-fund) [Icehouse Ventures](https://millionrounds.com/fund/icehouse-ventures) [Cultivation Capital](https://millionrounds.com/fund/cultivation-capital) ## Everyone who backed them [Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **2** rounds [Tuhaye Venture Partners](https://millionrounds.com/fund/tuhaye-venture-partners) VC firm **2** rounds [G20 Ventures](https://millionrounds.com/fund/g20-ventures) VC firm **1** round, led 1 Glasswing Ventures/ XSeed no record of our own yet **1** round, led 1 [Founders Fund](https://millionrounds.com/fund/founders-fund) VC firm **1** round [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2) Private equity **1** round [Callaghan Innovation](https://millionrounds.com/fund/callaghan-innovation) Investment firm **1** round [Rebel Fund](https://millionrounds.com/fund/rebel-fund) VC firm **1** round [Icehouse Ventures](https://millionrounds.com/fund/icehouse-ventures) VC firm **1** round [Cultivation Capital](https://millionrounds.com/fund/cultivation-capital) VC firm **1** round [New Zealand Growth Capital Partners](https://millionrounds.com/fund/new-zealand-growth-capital-partners-nzgcp) VC firm **1** round [XSeed Capital](https://millionrounds.com/fund/xseed-capital) VC firm **1** round [Glasswing Ventures](https://millionrounds.com/fund/glasswing-ventures) VC firm **1** round [Revel Partners](https://millionrounds.com/fund/revel-partners) VC firm **1** round [MathCapital](https://millionrounds.com/fund/mathcapital) VC firm **1** round Christiana Care Health System/ HealthX no record of our own yet **1** round Revel 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=narrative). ## Quick answers about Narrative ### Who invested in Narrative? Narrative's investors include Y Combinator, Tuhaye Venture Partners, G20 Ventures, Glasswing Ventures/ XSeed and Founders Fund, and 12 more on record. ### How much has Narrative raised? Narrative has raised $13M across 5 rounds since 2019. ### When did Narrative last raise? Narrative's most recent round was a Pre-seed of $500K in Nov 2025. ### What was Narrative's biggest round? Narrative's largest round on record is $8.5M (Series A), in Aug 2020, led by G20 Ventures. ### Who backed Narrative first? Narrative's first round on record, in Feb 2019, was backed by Glasswing Ventures/ XSeed, Cultivation Capital and Tuhaye Venture Partners and 2 others. ### What stage is Narrative at? Narrative's latest named round is a Pre-seed, in Nov 2025. ### Where is Narrative based? Narrative is based in the United States. ### Who led Narrative's rounds? Glasswing Ventures/ XSeed led the Seed in 2019; G20 Ventures led the Series A in 2020. ## Companies like Narrative 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)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics) ## 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