United States · Series C startup

Who invested in Pepper

5 rounds we have observed, with the 20 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.

AIFoodtech

Raised 8 months agoY Combinator: S19

Funding summaryUpdated 5 Nov 2026

$94Mraised across 5 rounds since 2010, from 7 sources

$8.5MSeries B$5.6MSeed$30MSeries B$50MSeries C
Latest round
Series C, $50MFeb 2026
Led by
Lead Edge Capital
Step-upi
1.7×
Investors
20 (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.

201020132016201920222025
?Seed$8.5MSeries B$5.6MSeed$30MSeries B$50MSeries C
First round
Seed
Apr 2010
Biggest round
$50M
Series C · Feb 2026
Usual gap between rounds
4.3 years
the median of 4

The rounds

  1. Feb 2026
    Series C$50M3 new5 returning

    Reported by Ventureburn and 1 otherSEC filing: $10K sold, first sale Jan 2026

  2. May 2024
  3. Dec 2019
  4. Mar 2017
    Series B$8.5M8 new

    Reported by FinSMEs and 1 other

  5. Apr 2010
    SeedAmount undisclosed1 new

    From a historical funding record

Founders and team

From Pepper's own website: 7 on the team.

  • Brown FoodserviceCOO
  • Daniel NeelyCOO
  • Rusty PerroneVP of Sales and Co-Owner
  • Mohammad ShahidOperations Manager
  • Rachel GagnonController
  • Scott TepperDirector of Operations
  • Stan SmithDirector of Sales

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.

Everyone who backed them

Index VenturesVC firm2rounds
GaingelsPrivate equity2rounds
BoxGroupVC firm2rounds
GreylockVC firm2rounds
ICONIQ CapitalFamily office2rounds
Lead Edge CapitalPrivate equity1round, led 1
Lerer HippeauVC firm1round
Upfront VenturesVC firm1round
StingVC firm1round
VentureOutAccelerator1round
QVenturesFamily office1round
KCRise FundVC firm1round
Harmony PartnersVC firm1round
InterplayFamily office1round
RTL VenturesCorporate VC1round
Manta Ray VenturesVC firm1round
Comporium Communicationsno record of our own yet1round
Leawood Venturesno record of our own yet1round
OpenAirno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 7 firms list Pepper 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.

Frontline VenturesVC firmPer its own site
Iconiq CapitalGrowth equityPer its own site
ICONIQ CapitalFamily officePer its own site
Imaginary VenturesVC firmPer its own site
Feldsmith CapitalVC firmPer its own site
Seed9Angel networkPer its own site
Stonewater VenturesVC firmPer its own site

Quick answers about Pepper

Who invested in Pepper?

Pepper's investors include Index Ventures, Gaingels, BoxGroup, Greylock and ICONIQ Capital, and 15 more on record. Lead Edge Capital led its latest round.

How much has Pepper raised?

Pepper has raised $94M across 5 rounds since 2010. One round did not disclose an amount, so the total is a floor.

When did Pepper last raise?

Pepper's most recent round was a Series C of $50M in Feb 2026, led by Lead Edge Capital.

What was Pepper's biggest round?

Its most recent round, $50M in Feb 2026, is also its largest on record.

Who backed Pepper first?

Pepper's first round on record, in Apr 2010, was backed by RTL Ventures.

What stage is Pepper at?

Pepper's latest named round is a Series C, in Feb 2026.

Where is Pepper based?

Pepper is based in the United States.

Who led Pepper's rounds?

Lead Edge Capital led the Series C in 2026.

Companies like Pepper

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

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