# Pennant funding: rounds and investors > Pennant has raised $5.0M across 2 rounds since 2013. Investors include Urban Innovation Fund, Y Combinator and NVIDIA. Every round with its source. Source: https://millionrounds.com/company/pennant (Millionrounds; every figure on the page links to its filing or article) United States · [Seed startup](https://millionrounds.com/companies) # Who invested in *Pennant* 2 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 Regtech Raised this month Funding summary Updated 26 Oct 2026 **$5.0M** raised across 2 rounds since 2013, from 3 sources **$50K** Seed **$5.0M** Seed - **Latest round:** Seed, $5.0M Oct 2026 - **Led by:** Urban Innovation Fund - **Step-up i:** 100× - **Investors:** 8 (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. 2013 2015 2017 2019 2021 2023 2025 **$50K** Seed **$5.0M** Seed - **First round:** Seed, $50K - **Biggest round:** $5.0M - **Between rounds:** 13.6 years ## The rounds - **Oct 2026** Seed **$5.0M** *7 new* [Urban Innovation Fund](https://millionrounds.com/fund/urban-innovation-fund) Lead [Y Combinator](https://millionrounds.com/fund/y-combinator) [NVIDIA](https://millionrounds.com/fund/nvidia) [OpenAI](https://millionrounds.com/fund/openai) [Kirkland & Ellis](https://millionrounds.com/fund/kirkland-and-ellis) [Marvell Technology](https://millionrounds.com/fund/marvell-technology) [Legal & General](https://millionrounds.com/fund/legal-and-general) Reported by Fintech Global and 1 other - **Apr 2013** Seed **$50K** *1 new* [RevUp Capital](https://millionrounds.com/fund/betaspring-4) From a historical funding record ## 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** 2013 **Seed** 2026 [Urban Innovation Fund](https://millionrounds.com/fund/urban-innovation-fund) L [Y Combinator](https://millionrounds.com/fund/y-combinator) [NVIDIA](https://millionrounds.com/fund/nvidia) [RevUp Capital](https://millionrounds.com/fund/betaspring-4) [OpenAI](https://millionrounds.com/fund/openai) [Kirkland & Ellis](https://millionrounds.com/fund/kirkland-and-ellis) [Marvell Technology](https://millionrounds.com/fund/marvell-technology) [Legal & General](https://millionrounds.com/fund/legal-and-general) ## Everyone who backed them [Urban Innovation Fund](https://millionrounds.com/fund/urban-innovation-fund) VC firm **1** round, led 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round [NVIDIA](https://millionrounds.com/fund/nvidia) Company **1** round [RevUp Capital](https://millionrounds.com/fund/betaspring-4) Accelerator **1** round [OpenAI](https://millionrounds.com/fund/openai) VC firm **1** round [Kirkland & Ellis](https://millionrounds.com/fund/kirkland-and-ellis) Corporate VC **1** round [Marvell Technology](https://millionrounds.com/fund/marvell-technology) VC firm **1** round [Legal & General](https://millionrounds.com/fund/legal-and-general) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=pennant). ## Quick answers about Pennant ### Who invested in Pennant? Pennant's investors include Urban Innovation Fund, Y Combinator, NVIDIA, RevUp Capital and OpenAI, and 3 more on record. Urban Innovation Fund led its latest round. ### How much has Pennant raised? Pennant has raised $5.0M across 2 rounds since 2013. ### When did Pennant last raise? Pennant's most recent round was a Seed of $5.0M in Oct 2026, led by Urban Innovation Fund. ### What was Pennant's biggest round? Its most recent round, $5.0M in Oct 2026, is also its largest on record. ### Who backed Pennant first? Pennant's first round on record, in Apr 2013, was backed by RevUp Capital. ### What stage is Pennant at? Pennant's latest named round is a Seed, in Oct 2026. ### Where is Pennant based? Pennant is based in the United States. ### Who led Pennant's rounds? Urban Innovation Fund led the Seed in 2026. ## Companies like Pennant 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) ## 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