# Pepper funding: rounds and investors > Pepper has raised $94M across 5 rounds since 2010. Investors include Index Ventures, Gaingels and BoxGroup. Every round with its source. Source: https://millionrounds.com/company/pepper (Millionrounds; every figure on the page links to its filing or article) United States · [Series C startup](https://millionrounds.com/companies) # 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. AI Foodtech Raised 8 months ago Y Combinator: S19 Follow Pepper and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fpepper) Funding summary Updated 5 Nov 2026 **$94M** raised across 5 rounds since 2010, from 7 sources **$8.5M** Series B **$5.6M** Seed **$30M** Series B **$50M** Series C - **Latest round:** Series C, $50M Feb 2026 - **Led by:** Lead Edge Capital - **Step-up i:** 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. 2010 2013 2016 2019 2022 2025 **?** Seed **$8.5M** Series B **$5.6M** Seed **$30M** Series B **$50M** Series C - **First round:** Seed - **Biggest round:** $50M - **Usual gap between rounds:** 4.3 years ## The rounds - **Feb 2026** Series C **$50M** *3 new* *5 returning* [Lead Edge Capital](https://millionrounds.com/fund/lead-edge-capital) Lead [Index Ventures](https://millionrounds.com/fund/index-ventures) [Gaingels](https://millionrounds.com/fund/gaingels) [BoxGroup](https://millionrounds.com/fund/boxgroup) [Greylock](https://millionrounds.com/fund/greylock-partners) [ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital-2) [Harmony Partners](https://millionrounds.com/fund/harmony-partners) [Interplay](https://millionrounds.com/fund/interplay) Reported by Ventureburn and 1 other SEC filing: $10K sold, first sale Jan 2026 - **May 2024** Series B **$30M** *5 new* [Index Ventures](https://millionrounds.com/fund/index-ventures) [Gaingels](https://millionrounds.com/fund/gaingels) [BoxGroup](https://millionrounds.com/fund/boxgroup) [Greylock](https://millionrounds.com/fund/greylock-partners) [ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital-2) Source recorded - **Dec 2019** Seed **$5.6M** *3 new* [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) [Upfront Ventures](https://millionrounds.com/fund/upfront-ventures) [Manta Ray Ventures](https://millionrounds.com/fund/manta-ray-ventures) Reported by TechCrunch - **Mar 2017** Series B **$8.5M** *8 new* [Sting](https://millionrounds.com/fund/sting) [VentureOut](https://millionrounds.com/fund/ventureout) [QVentures](https://millionrounds.com/fund/qventures) [KCRise Fund](https://millionrounds.com/fund/kcrise-fund) [Royal Street Ventures](https://millionrounds.com/fund/royal-street-ventures) Comporium Communications Leawood Ventures OpenAir Reported by FinSMEs and 1 other - **Apr 2010** Seed **Amount undisclosed** *1 new* [RTL Ventures](https://millionrounds.com/fund/rtl-ventures) From a historical funding record ## Founders and team From Pepper's own website: 7 on the team. - **Brown Foodservice** COO - **Daniel Neely** COO - **Rusty Perrone** VP of Sales and Co-Owner - **Mohammad Shahid** Operations Manager - **Rachel Gagnon** Controller - **Scott Tepper** Director of Operations - **Stan Smith** Director 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. **Seed** 2010 **Series B** 2017 **Seed** 2019 **Series B** 2024 **Series C** 2026 [Index Ventures](https://millionrounds.com/fund/index-ventures) [Gaingels](https://millionrounds.com/fund/gaingels) [BoxGroup](https://millionrounds.com/fund/boxgroup) [Greylock](https://millionrounds.com/fund/greylock-partners) [ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital-2) [Lead Edge Capital](https://millionrounds.com/fund/lead-edge-capital) L [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) [Upfront Ventures](https://millionrounds.com/fund/upfront-ventures) [Sting](https://millionrounds.com/fund/sting) [VentureOut](https://millionrounds.com/fund/ventureout) ## Everyone who backed them [Index Ventures](https://millionrounds.com/fund/index-ventures) VC firm **2** rounds [Gaingels](https://millionrounds.com/fund/gaingels) Private equity **2** rounds [BoxGroup](https://millionrounds.com/fund/boxgroup) VC firm **2** rounds [Greylock](https://millionrounds.com/fund/greylock-partners) VC firm **2** rounds [ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital-2) Family office **2** rounds [Lead Edge Capital](https://millionrounds.com/fund/lead-edge-capital) Private equity **1** round, led 1 [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) VC firm **1** round [Upfront Ventures](https://millionrounds.com/fund/upfront-ventures) VC firm **1** round [Sting](https://millionrounds.com/fund/sting) VC firm **1** round [VentureOut](https://millionrounds.com/fund/ventureout) Accelerator **1** round [QVentures](https://millionrounds.com/fund/qventures) Family office **1** round [KCRise Fund](https://millionrounds.com/fund/kcrise-fund) VC firm **1** round [Harmony Partners](https://millionrounds.com/fund/harmony-partners) VC firm **1** round [Interplay](https://millionrounds.com/fund/interplay) Family office **1** round [RTL Ventures](https://millionrounds.com/fund/rtl-ventures) Corporate VC **1** round [Royal Street Ventures](https://millionrounds.com/fund/royal-street-ventures) VC firm **1** round [Manta Ray Ventures](https://millionrounds.com/fund/manta-ray-ventures) VC firm **1** round Comporium Communications no record of our own yet **1** round Leawood Ventures no record of our own yet **1** round OpenAir 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=pepper). ## 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 Ventures](https://millionrounds.com/fund/frontline-ventures) VC firm Per its own site [Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3) Growth equity Per its own site [ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital) Family office Per its own site [Imaginary Ventures](https://millionrounds.com/fund/imaginary) VC firm Per its own site [Feldsmith Capital](https://millionrounds.com/fund/feldsmith-capital) VC firm Per its own site [Seed9](https://millionrounds.com/fund/seed9) Angel network Per its own site [Stonewater Ventures](https://millionrounds.com/fund/stonewater-ventures) VC firm Per 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. [**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**e2e** $8.0M · Nov 2026](https://millionrounds.com/company/e2e)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute) ## 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