# Nirmata funding: rounds and investors

> Nirmata has raised $14M across 2 rounds since 2021. Investors include Samsung Next, Benhamou Global Ventures and Z5 Capital. Every round with its source.

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

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

# Who invested in *Nirmata*

2 rounds we have observed, with the 7 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.

Cloud Cybersecurity Open Source

Funding summary Updated 26 Oct 2026

**$14M** raised across 2 rounds since 2021, from 2 sources

**$4.0M** Pre-seed **$9.6M** Venture

- **Latest round:** Venture, $9.6M Feb 2025
- **Step-up i:** 2.4×
- **Investors:** 7 (1 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.

2022 2023 2024 2025

**$4.0M** Pre-seed

**$9.6M** Venture

- **First round:** Pre-seed, $4.0M
- **Biggest round:** $9.6M
- **Between rounds:** 3.5 years

## The rounds

- **Feb 2025** Venture **$9.6M** *1 new* *2 returning* [Peak XV](https://millionrounds.com/fund/peak-xv) [Samsung Next](https://millionrounds.com/fund/samsung-next) [Benhamou Global Ventures](https://millionrounds.com/fund/benhamou-global-ventures) Source recorded
- **Aug 2021** Pre-seed **$4.0M** *6 new* [Z5 Capital](https://millionrounds.com/fund/z5-capital) Lead [Samsung Next](https://millionrounds.com/fund/samsung-next) [Benhamou Global Ventures](https://millionrounds.com/fund/benhamou-global-ventures) [Uncorrelated Ventures](https://millionrounds.com/fund/uncorrelated-ventures) [BV Jagadeesh](https://millionrounds.com/fund/bv-jagadeesh) [Saqib Syed](https://millionrounds.com/fund/saqib-syed) Reported by Z5 Capital

## Founders and team

From Nirmata's own website: 3 founders, 1 on the team.

**Jim Bugwadia** Founder & CEO

**Damien Toledo** Founder & VP Engineering

**Ritesh Patel** Founder & VP Product

- **Anubhav Sharma** VP Customer Success

## 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.

**Pre-seed** 2021 **Venture** 2025 [Samsung Next](https://millionrounds.com/fund/samsung-next) [Benhamou Global Ventures](https://millionrounds.com/fund/benhamou-global-ventures) [Z5 Capital](https://millionrounds.com/fund/z5-capital) L [Peak XV](https://millionrounds.com/fund/peak-xv) [Uncorrelated Ventures](https://millionrounds.com/fund/uncorrelated-ventures) [BV Jagadeesh](https://millionrounds.com/fund/bv-jagadeesh) [Saqib Syed](https://millionrounds.com/fund/saqib-syed)

## Everyone who backed them

[Samsung Next](https://millionrounds.com/fund/samsung-next) Corporate VC **2** rounds

[Benhamou Global Ventures](https://millionrounds.com/fund/benhamou-global-ventures) VC firm **2** rounds

[Z5 Capital](https://millionrounds.com/fund/z5-capital) VC firm **1** round, led 1

[Peak XV](https://millionrounds.com/fund/peak-xv) VC firm **1** round

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

[BV Jagadeesh](https://millionrounds.com/fund/bv-jagadeesh) VC firm **1** round

[Saqib Syed](https://millionrounds.com/fund/saqib-syed) Angel **1** round

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

## Also claim to have backed them

These 2 firms list Nirmata 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.

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

[Arka Venture Labs](https://millionrounds.com/fund/arka-venture-labs) VC firm Per its own site

## Quick answers about Nirmata

### Who invested in Nirmata?

Nirmata's investors include Samsung Next, Benhamou Global Ventures, Z5 Capital, Peak XV and Uncorrelated Ventures, and 2 more on record.

### How much has Nirmata raised?

Nirmata has raised $14M across 2 rounds since 2021.

### When did Nirmata last raise?

Nirmata's most recent round was a Venture of $9.6M in Feb 2025.

### What was Nirmata's biggest round?

Its most recent round, $9.6M in Feb 2025, is also its largest on record.

### Who backed Nirmata first?

Nirmata's first round on record, in Aug 2021, was backed by Z5 Capital, Samsung Next and Benhamou Global Ventures and 3 others.

### What stage is Nirmata at?

Nirmata's latest named round is a Venture, in Feb 2025.

### Where is Nirmata based?

Nirmata is based in the United States.

### Who led Nirmata's rounds?

Z5 Capital led the Pre-seed in 2021.

## Companies like Nirmata

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

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Blacksmith** $131M · Oct 2026](https://millionrounds.com/company/blacksmith)[**Opsin** $21M · Oct 2026](https://millionrounds.com/company/opsin)[**Harmonic Security** $68M · Oct 2026](https://millionrounds.com/company/harmonic-security)[**Reach Security** $60M · Oct 2026](https://millionrounds.com/company/reach-security)

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