# Passbolt funding: rounds and investors > Passbolt has raised $12M across 2 rounds since 2023. Investors include Airbridge Equity Partners, Scale II and Dedicated VC. Every round with its source. Source: https://millionrounds.com/company/passbolt (Millionrounds; every figure on the page links to its filing or article) Luxembourg · [Seed startup](https://millionrounds.com/companies) # Who invested in *Passbolt* 2 rounds we have observed, with the 10 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. Cybersecurity Open Source Follow Passbolt and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fpassbolt) Funding summary Updated 5 Nov 2026 **$12M** raised across 2 rounds since 2023, from 2 sources **$4.4M** Seed **$8.0M** Seed - **Latest round:** Seed, $8.0M Jan 2025 - **Led by:** Airbridge Equity Partners - **Step-up i:** 1.8× - **Investors:** 10 (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. 2024 2025 **$4.4M** Seed **$8.0M** Seed - **First round:** Seed, $4.4M - **Biggest round:** $8.0M - **Between rounds:** 22 months ## The rounds - **Jan 2025** Seed **$8.0M** *10 new* [Airbridge Equity Partners](https://millionrounds.com/fund/airbridge-equity-partners) Lead [Scale II](https://millionrounds.com/fund/scalefund) [Dedicated VC](https://millionrounds.com/fund/dedicated) [Seeder Fund](https://millionrounds.com/fund/seeder) [Xavier Buck](https://millionrounds.com/fund/xavier-buck) [Bondi Capital](https://millionrounds.com/fund/bondi-capital) [Carricha Capital](https://millionrounds.com/fund/carricha-capital) [Christophe Bianco](https://millionrounds.com/fund/christophe-bianco) [Digital Tech Fund (Expon Capital)](https://millionrounds.com/fund/digital-tech-fund-expon-capital) [LBAN - Luxembourg Business Angel Network](https://millionrounds.com/fund/lban) Reported by TechCrunch - **Mar 2023** Seed **$4.4M** No investor was named in the report. Reported by LBAN - Luxembourg Business Angel Network ## 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** 2023 **Seed** 2025 [Airbridge Equity Partners](https://millionrounds.com/fund/airbridge-equity-partners) L [Scale II](https://millionrounds.com/fund/scalefund) [Dedicated VC](https://millionrounds.com/fund/dedicated) [Seeder Fund](https://millionrounds.com/fund/seeder) [Xavier Buck](https://millionrounds.com/fund/xavier-buck) [Bondi Capital](https://millionrounds.com/fund/bondi-capital) [Carricha Capital](https://millionrounds.com/fund/carricha-capital) [Christophe Bianco](https://millionrounds.com/fund/christophe-bianco) [Digital Tech Fund (Expon Capital)](https://millionrounds.com/fund/digital-tech-fund-expon-capital) [LBAN - Luxembourg Business Angel Network](https://millionrounds.com/fund/lban) ## Everyone who backed them [Airbridge Equity Partners](https://millionrounds.com/fund/airbridge-equity-partners) VC firm **1** round, led 1 [Scale II](https://millionrounds.com/fund/scalefund) VC firm **1** round [Dedicated VC](https://millionrounds.com/fund/dedicated) VC firm **1** round [Seeder Fund](https://millionrounds.com/fund/seeder) VC firm **1** round [Xavier Buck](https://millionrounds.com/fund/xavier-buck) Angel **1** round [Bondi Capital](https://millionrounds.com/fund/bondi-capital) VC firm **1** round [Carricha Capital](https://millionrounds.com/fund/carricha-capital) VC firm **1** round [Christophe Bianco](https://millionrounds.com/fund/christophe-bianco) Angel **1** round [Digital Tech Fund (Expon Capital)](https://millionrounds.com/fund/digital-tech-fund-expon-capital) VC firm **1** round [LBAN - Luxembourg Business Angel Network](https://millionrounds.com/fund/lban) Angel network **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=passbolt). ## Quick answers about Passbolt ### Who invested in Passbolt? Passbolt's investors include Airbridge Equity Partners, Scale II, Dedicated VC, Seeder Fund and Xavier Buck, and 5 more on record. Airbridge Equity Partners led its latest round. ### How much has Passbolt raised? Passbolt has raised $12M across 2 rounds since 2023. ### When did Passbolt last raise? Passbolt's most recent round was a Seed of $8.0M in Jan 2025, led by Airbridge Equity Partners. ### What was Passbolt's biggest round? Its most recent round, $8.0M in Jan 2025, is also its largest on record. ### Who backed Passbolt first? Passbolt's first round on record, in Jan 2025, was backed by Airbridge Equity Partners, Scale II and Dedicated VC and 7 others. ### What stage is Passbolt at? Passbolt's latest named round is a Seed, in Jan 2025. ### Where is Passbolt based? Passbolt is based in Luxembourg. ### Who led Passbolt's rounds? Airbridge Equity Partners led the Seed in 2025. ## Companies like Passbolt In the same sector, and raised in the last eighteen months. [**Lazarus AI** $43M · Nov 2026](https://millionrounds.com/company/lazarus-ai)[**Truth** $70M · Oct 2026](https://millionrounds.com/company/truth)[**Solink** $160M · Oct 2026](https://millionrounds.com/company/solink)[**Casap** $81M · Oct 2026](https://millionrounds.com/company/casap)[**Infisical** $56M · Oct 2026](https://millionrounds.com/company/infisical)[**Madica** $7.8M · Oct 2026](https://millionrounds.com/company/madica) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app