# Nexla funding: rounds and investors > Nexla has raised $22M across 2 rounds since 2017. Investors include Correlation Ventures, Engineering Capital and LD Capital. Every round with its source. Source: https://millionrounds.com/company/nexla (Millionrounds; every figure on the page links to its filing or article) United States · [Series A startup](https://millionrounds.com/companies) # Who invested in *Nexla* 2 rounds we have observed, with the 9 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. Big Data & Analytics Funding summary Updated 26 Oct 2026 **$22M** raised across 2 rounds since 2017, from 2 sources **$3.5M** Seed **$18M** Series A - **Latest round:** Series A, $18M Jul 2023 - **Step-up i:** 5.1× - **Investors:** 9 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 2018 2019 2020 2021 2022 2023 **$3.5M** Seed **$18M** Series A - **First round:** Seed, $3.5M - **Biggest round:** $18M - **Between rounds:** 6.1 years ## The rounds - **Jul 2023** Series A **$18M** *6 new* *2 returning* [Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) [LD Capital](https://millionrounds.com/fund/xie) [Storm Ventures](https://millionrounds.com/fund/storm-ventures) [Ring Capital](https://millionrounds.com/fund/ring) [Blumberg Capital](https://millionrounds.com/fund/blumberg-capital) [Industry Ventures](https://millionrounds.com/fund/industry-ventures) [Shield Capital](https://millionrounds.com/fund/shield-capital) [Engineering Capital](https://millionrounds.com/fund/engineering-capital) Source recorded - **May 2017** Seed **$3.5M** *3 new* [Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) [Engineering Capital](https://millionrounds.com/fund/engineering-capital) Blumberg Capital/ Storm Reported by FinSMEs ## Founders and team From Nexla's own website and the SEC filings it signed: 7 founders, 5 on the team. **Work-Life Balance** Saket Saurabh, Co-founder & CEO **Saket Saurabh** CEO & Co-founder *Named on its 2021 Form D* **Niket Sourabh** CPO & Co-founder **Jeff Williams** Co-founder (Architecture) **Rahul Jain** Co-founder at Pendo.io **Rajiv Batra** Co-Founder at Palo Alto Networks **Avinash Shahdadpuri** CRO & Co-founder *Named on its 2021 Form D* - **Amey Desai** CTO - **Jayashree Rajan** Chief Marketing Officer - **Mallory Maske** VP of People - **Pinky Rijhwani** VP of Customer Engagement - **Santosh Janardhan** VP Engineering & Infrastructure at Facebook On the board, as filed i *Bruce Taragan* ## 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** 2017 **Series A** 2023 [Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) [Engineering Capital](https://millionrounds.com/fund/engineering-capital) [LD Capital](https://millionrounds.com/fund/xie) [Storm Ventures](https://millionrounds.com/fund/storm-ventures) [Ring Capital](https://millionrounds.com/fund/ring) [Blumberg Capital](https://millionrounds.com/fund/blumberg-capital) [Industry Ventures](https://millionrounds.com/fund/industry-ventures) [Shield Capital](https://millionrounds.com/fund/shield-capital) Blumberg Capital/ Storm ## Everyone who backed them [Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) VC firm **2** rounds [Engineering Capital](https://millionrounds.com/fund/engineering-capital) VC firm **2** rounds [LD Capital](https://millionrounds.com/fund/xie) VC firm **1** round [Storm Ventures](https://millionrounds.com/fund/storm-ventures) VC firm **1** round [Ring Capital](https://millionrounds.com/fund/ring) VC firm **1** round [Blumberg Capital](https://millionrounds.com/fund/blumberg-capital) VC firm **1** round [Industry Ventures](https://millionrounds.com/fund/industry-ventures) VC firm **1** round [Shield Capital](https://millionrounds.com/fund/shield-capital) VC firm **1** round Blumberg Capital/ Storm 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=nexla). ## Quick answers about Nexla ### Who invested in Nexla? Nexla's investors include Correlation Ventures, Engineering Capital, LD Capital, Storm Ventures and Ring Capital, and 4 more on record. ### How much has Nexla raised? Nexla has raised $22M across 2 rounds since 2017. ### When did Nexla last raise? Nexla's most recent round was a Series A of $18M in Jul 2023. ### What was Nexla's biggest round? Its most recent round, $18M in Jul 2023, is also its largest on record. ### Who backed Nexla first? Nexla's first round on record, in May 2017, was backed by Correlation Ventures, Engineering Capital and Blumberg Capital/ Storm. ### What stage is Nexla at? Nexla's latest named round is a Series A, in Jul 2023. ### Where is Nexla based? Nexla is based in the United States. ## Companies like Nexla In the same sector, and raised in the last eighteen months. 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