# Path funding: rounds and investors

> Path has raised $47M across 6 rounds since 2019. Investors include Altos Ventures, Y Combinator and Alumni Ventures. Every round with its source.

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

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

# Who invested in *Path*

6 rounds we have observed, with the 15 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 Web3 & Crypto

Y Combinator: S19

Funding summary Updated 26 Oct 2026

**$47M** raised across 6 rounds since 2019, from 7 sources

**$1.0M** Seed **$5.3M** Round **$35M** Series A **$5.9M** Venture

- **Latest round:** Venture, $5.9M Oct 2025
- **Biggest round:** $35M Series A · Dec 2021
- **Investors:** 15

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.

2019 2020 2021 2022 2023 2024 2025

**$1.0M** Seed

**$5.3M** Round

**?** Venture

**$35M** Series A

**?** Venture

**$5.9M** Venture

- **First round:** Seed, $1.0M
- **Biggest round:** $35M
- **Usual gap between rounds:** 16 months

[**Path** Cryptocurrency 1 / 12 Their pitch deck **Path's pitch deck, 12 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/path)

## The rounds

- **Oct 2025** Venture **$5.9M** *1 returning* [Altos Ventures](https://millionrounds.com/fund/altos-ventures) Source recorded
- **Jun 2024** Venture **Amount undisclosed** *1 new* [Altos Ventures](https://millionrounds.com/fund/altos-ventures) Source recorded
- **Dec 2021** Series A **$35M** *4 new* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Fidelity](https://millionrounds.com/fund/fidelity) [Jump Capital](https://millionrounds.com/fund/jump-capital) [CoinFund](https://millionrounds.com/fund/coinfund) Source recorded
- **Sept 2021** Venture **Amount undisclosed** *5 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2) [UpHonest Capital](https://millionrounds.com/fund/uphonest-capital) [Magic Fund](https://millionrounds.com/fund/magic-fund) [GSV Ventures](https://millionrounds.com/fund/gsv-ventures) Source recorded and 1 other
- **Oct 2019** Round **$5.3M** *5 new* Amy Shannon Barbara Wachsman Howard Cherny Radian Street Capital Sequoia Benefits Reported by TechCrunch
- **Apr 2019** Seed **$1.0M** No investor was named in the report. Reported by FinSMEs

## 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** 2019 **Round** 2019 **Venture** 2021 **Series A** 2021 **Venture** 2024 **Venture** 2025 [Altos Ventures](https://millionrounds.com/fund/altos-ventures) [Y Combinator](https://millionrounds.com/fund/y-combinator) [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2) [Fidelity](https://millionrounds.com/fund/fidelity) [UpHonest Capital](https://millionrounds.com/fund/uphonest-capital) [Jump Capital](https://millionrounds.com/fund/jump-capital) [Magic Fund](https://millionrounds.com/fund/magic-fund) [CoinFund](https://millionrounds.com/fund/coinfund) [GSV Ventures](https://millionrounds.com/fund/gsv-ventures)

## The exit

Exit Buyer Price When

Acquired [Daum Kakao](https://millionrounds.com/fund/daum-kakao) undisclosed May 2015

From historical deal records. Wrong? [Tell us](https://millionrounds.com/corrections?slug=path).

## Everyone who backed them

[Altos Ventures](https://millionrounds.com/fund/altos-ventures) VC firm **2** rounds

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round

[Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2) Private equity **1** round

[Fidelity](https://millionrounds.com/fund/fidelity) VC firm **1** round

[UpHonest Capital](https://millionrounds.com/fund/uphonest-capital) VC firm **1** round

[Jump Capital](https://millionrounds.com/fund/jump-capital) VC firm **1** round

[Magic Fund](https://millionrounds.com/fund/magic-fund) VC firm **1** round

[CoinFund](https://millionrounds.com/fund/coinfund) VC firm **1** round

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

Amy Shannon no record of our own yet **1** round

Barbara Wachsman no record of our own yet **1** round

Howard Cherny no record of our own yet **1** round

Radian Street Capital no record of our own yet **1** round

Sequoia Benefits 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=path).

## Quick answers about Path

### Who invested in Path?

Path's investors include Altos Ventures, Y Combinator, Alumni Ventures, Pioneer Fund and Fidelity, and 10 more on record.

### How much has Path raised?

Path has raised $47M across 6 rounds since 2019. 2 rounds did not disclose an amount, so the total is a floor.

### When did Path last raise?

Path's most recent round was a Venture of $5.9M in Oct 2025.

### What was Path's biggest round?

Path's largest round on record is $35M (Series A), in Dec 2021.

### Who backed Path first?

Path's first round on record, in Oct 2019, was backed by Amy Shannon, Barbara Wachsman and Howard Cherny and 2 others.

### What stage is Path at?

Path's latest named round is a Venture, in Oct 2025.

### Where is Path based?

Path is based in the United States.

## Companies like Path

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

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**Binance.US** $300M · Oct 2026](https://millionrounds.com/company/binance-us)[**Fission** $10M · Oct 2026](https://millionrounds.com/company/fission)

## 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
