# Pallet funding: rounds and investors

> Pallet has raised $55M across 3 rounds since 2024. Investors include Bessemer Venture Partners, Bain Capital Ventures and Activant Capital.

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

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

# Who invested in *Pallet*

3 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.

AI

Funding summary Updated 26 Oct 2026

**$55M** raised across 3 rounds since 2024, from 3 sources

**$18M** Series A **$27M** Series B **$9.6M** Venture

- **Latest round:** Venture, $9.6M Jun 2025
- **Biggest round:** $27M Series B · May 2025
- **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.

2025

**$18M** Series A

**$27M** Series B

**$9.6M** Venture

- **First round:** Series A, $18M
- **Biggest round:** $27M
- **Usual gap between rounds:** 7 months

## The rounds

- **Jun 2025** Venture **$9.6M** *1 new* [Citibank](https://millionrounds.com/fund/citi) Source recorded SEC filing: $9.6M sold, first sale Jun 2025
- **May 2025** Series B **$27M** *2 new* *3 returning* [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) [Activant Capital](https://millionrounds.com/fund/activant-capital) [Sahin Boydas](https://millionrounds.com/fund/sahin-boydas) Source recorded SEC filing: $9.6M sold, first sale Jun 2025
- **Oct 2024** Series A **$18M** *5 new* [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [Bossa Invest](https://millionrounds.com/fund/bossa-invest) [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) [Long Journey Ventures](https://millionrounds.com/fund/long-journey-ventures) [Activant Capital](https://millionrounds.com/fund/activant-capital) Source recorded

## 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.

**Series A** 2024 **Series B** 2025 **Venture** 2025 [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) [Activant Capital](https://millionrounds.com/fund/activant-capital) [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Bossa Invest](https://millionrounds.com/fund/bossa-invest) [Citibank](https://millionrounds.com/fund/citi) [Long Journey Ventures](https://millionrounds.com/fund/long-journey-ventures) [Sahin Boydas](https://millionrounds.com/fund/sahin-boydas)

## Everyone who backed them

[Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) VC firm **2** rounds

[Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) VC firm **2** rounds

[Activant Capital](https://millionrounds.com/fund/activant-capital) VC firm **2** rounds

[General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **1** round

[Bossa Invest](https://millionrounds.com/fund/bossa-invest) VC firm **1** round

[Citibank](https://millionrounds.com/fund/citi) Growth equity **1** round

[Long Journey Ventures](https://millionrounds.com/fund/long-journey-ventures) VC firm **1** round

[Sahin Boydas](https://millionrounds.com/fund/sahin-boydas) Angel **1** round

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

## Also claim to have backed them

These 2 firms list Pallet 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.

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

[No Talking Capital](https://millionrounds.com/fund/no-talking-capital) Investment firm Per its own site

## Quick answers about Pallet

### Who invested in Pallet?

Pallet's investors include Bessemer Venture Partners, Bain Capital Ventures, Activant Capital, General Catalyst and Bossa Invest, and 3 more on record.

### How much has Pallet raised?

Pallet has raised $55M across 3 rounds since 2024.

### When did Pallet last raise?

Pallet's most recent round was a Venture of $9.6M in Jun 2025.

### What was Pallet's biggest round?

Pallet's largest round on record is $27M (Series B), in May 2025.

### Who backed Pallet first?

Pallet's first round on record, in Oct 2024, was backed by Bessemer Venture Partners, Bossa Invest and Bain Capital Ventures and 2 others.

### What stage is Pallet at?

Pallet's latest named round is a Venture, in Jun 2025.

### Where is Pallet based?

Pallet is based in the United States.

## Companies like Pallet

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)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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