United States · Growth startup

Who invested in Net Element

11 rounds we have observed, with the 8 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.

Funding summaryUpdated 26 Oct 2026

$156Mraised across 11 rounds since 2012, from 11 sources

$2.0MVenture$32MVenture$9.5MDebt$27MRound$9.5MDebt$11MRound$10MDebt$16MRound$11MDebt$4.2MDebt$25MGrowth
Latest round
Growth, $25MMay 2015
Biggest round
$32MVenture · May 2012
Step-upi
5.8×
Investors
8
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.

201320142015
$2.0MVenture$32MVenture$9.5MDebt$27MRound$11MRound$10MDebt$16MRound$4.2MDebt$25MGrowth
First round
Venture, $2.0M
Apr 2012
Biggest round
$32M
Venture · May 2012
Usual gap between rounds
4 months
the median of 6

The rounds

  1. May 2015
    Growth$25M

    No investor was named in the report.

    From a historical funding recordSEC filing: $5.0M sold, first sale Apr 2015

  2. Nov 2014
    Debt$4.2M1 new
    • Otkritie FC Bank

    From a historical funding record

  3. Sept 2014
    Debt$11M1 returning

    From a historical funding record

  4. Sept 2014
    Round$16M1 new

    From a historical funding record

  5. Jul 2014
    Debt$10M1 new
    • RBL Capital Group

    From a historical funding record

  6. Apr 2014
    Round$11M1 new
    • Cayman Invest, SA

    From a historical funding record

  7. Oct 2012
    Debt$9.5M

    No investor was named in the report.

    From a historical funding record

  8. Oct 2012
    Round$27M1 new
    • Cazador Acquisition Corporation Ltd

    Reported by nasdaq.com

  9. Sept 2012
    Debt$9.5M1 new

    Reported by freshnews.com

  10. May 2012
    Venture$32M1 new

    Reported by bloomberg.comSEC filing: $2.0M sold, first sale Mar 2012

  11. Apr 2012
    Venture$2.0M1 new
    • Igor Krutoy

    Reported by finsmes.comSEC filing: $2.0M sold, first sale Mar 2012

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.

Round2012Debt2012Round2014Debt2014Round2014Debt2014Debt2014Growth2015Alfa-BankKenges RakishevCrede CapitalGroupCayman Invest, SACazador Acquisition Corporation LtdIgor KrutoyOtkritie FC BankRBL Capital Group

Everyone who backed them

Alfa-BankVC firm2rounds
Kenges RakishevAngel1round
Crede CapitalGroupFamily office1round
Cayman Invest, SAno record of our own yet1round
Cazador Acquisition Corporation Ltdno record of our own yet1round
Igor Krutoyno record of our own yet1round
Otkritie FC Bankno record of our own yet1round
RBL Capital Groupno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Net Element

Who invested in Net Element?

Net Element's investors include Alfa-Bank, Kenges Rakishev, Crede CapitalGroup, Cayman Invest, SA and Cazador Acquisition Corporation Ltd, and 3 more on record.

How much has Net Element raised?

Net Element has raised $156M across 11 rounds since 2012.

When did Net Element last raise?

Net Element's most recent round was a Growth of $25M in May 2015.

What was Net Element's biggest round?

Net Element's largest round on record is $32M (Venture), in May 2012.

Who backed Net Element first?

Net Element's first round on record, in Apr 2012, was backed by Igor Krutoy.

What stage is Net Element at?

Net Element's latest named round is a Growth, in May 2015.

Where is Net Element based?

Net Element is based in the United States.

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