# Nelly funding: rounds and investors

> Nelly has raised $51M across 1 round since 2025. Investors include Cathay Innovation, Gaingels and Notion Capital. Every round with its source.

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

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

# Who invested in *Nelly*

One round we have observed, with the 7 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech Healthcare SaaS

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Funding summary Updated 5 Nov 2026

**$51M** raised across 1 round since 2025, from 1 source

- **Latest round:** Series B, $51M Jan 2025
- **Led by:** Cathay Innovation
- **Investors:** 7 (1 led)

See who backed them

## The rounds

- **Jan 2025** Series B **$51M** [Cathay Innovation](https://millionrounds.com/fund/cathay-innovation) Lead [Gaingels](https://millionrounds.com/fund/gaingels) [Notion Capital](https://millionrounds.com/fund/notion-capital) [Lakestar](https://millionrounds.com/fund/lakestar) [B2venture](https://millionrounds.com/fund/b2venture) [Motive Ventures](https://millionrounds.com/fund/motive-partners) [Arc Investors](https://millionrounds.com/fund/arc-investors) Reported by TechCrunch

## Founders and team

From Nelly's own website: 4 founders.

**Niklas Radner** Co-Founder, CEO

**Dr. Tobias Heuer** Co-Founder, COO

**Rasmus Schults** Co-Founder, CTO

**Laurids Seibel** Founder

## Everyone who backed them

[Cathay Innovation](https://millionrounds.com/fund/cathay-innovation) VC firm **1** round, led 1

[Gaingels](https://millionrounds.com/fund/gaingels) Private equity **1** round

[Notion Capital](https://millionrounds.com/fund/notion-capital) VC firm **1** round

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

[B2venture](https://millionrounds.com/fund/b2venture) VC firm **1** round

[Motive Ventures](https://millionrounds.com/fund/motive-partners) Private equity **1** round

[Arc Investors](https://millionrounds.com/fund/arc-investors) VC firm **1** round

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

## Also claim to have backed them

These 5 firms list Nelly 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.

[FinLab](https://millionrounds.com/fund/finlab) VC firm Per its own site

[Becker Global Ventures GmbH](https://millionrounds.com/fund/becker-global-ventures-gmbh) VC firm Per its own site

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

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

[Loop](https://millionrounds.com/fund/loop-2) VC firm Per its own site

## Quick answers about Nelly

### Who invested in Nelly?

Nelly's investors include Cathay Innovation, Gaingels, Notion Capital, Lakestar and B2venture, and 2 more on record. Cathay Innovation led its latest round.

### How much has Nelly raised?

Nelly has raised $51M across 1 round since 2025.

### When did Nelly last raise?

Nelly's most recent round was a Series B of $51M in Jan 2025, led by Cathay Innovation.

### What was Nelly's biggest round?

Its most recent round, $51M in Jan 2025, is also its largest on record.

### Who backed Nelly first?

Nelly's first round on record, in Jan 2025, was backed by Cathay Innovation, Gaingels and Notion Capital and 4 others.

### What stage is Nelly at?

Nelly's latest named round is a Series B, in Jan 2025.

### Where is Nelly based?

Nelly is based in Germany.

### Who led Nelly's rounds?

Cathay Innovation led the Series B in 2025.

## Companies like Nelly

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

[**Pliant** $123M · Nov 2026](https://millionrounds.com/company/pliant)[**Causa Prima** $30M · Oct 2026](https://millionrounds.com/company/causa-prima)[**Phase0** $3.0M · Sept 2026](https://millionrounds.com/company/phase0)[**LimeTax** $77M · Sept 2026](https://millionrounds.com/company/limetax)[**Moss** $35M · Aug 2026](https://millionrounds.com/company/moss)[**Arab Therapy** $2.0M · Aug 2026](https://millionrounds.com/company/arab-therapy)

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