# Permutive funding: rounds and investors

> Permutive has raised $76M across 3 rounds since 2013. Investors include Octopus Ventures, Entrepreneur First and Y Combinator. Every round with its source.

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

United Kingdom · [Series C startup](https://millionrounds.com/companies)

# Who invested in *Permutive*

3 rounds we have observed, with the 6 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.

Advertising & Adtech

Y Combinator: S14

Funding summary Updated 26 Oct 2026

**$76M** raised across 3 rounds since 2013, from 3 sources

**$1.4M** Venture **$75M** Series C

- **Latest round:** Series C, $75M Nov 2021
- **Step-up i:** 53.2×
- **Investors:** 6

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.

2015 2017 2019 2021

**?** Venture

**$1.4M** Venture

**$75M** Series C

- **First round:** Venture
- **Biggest round:** $75M
- **Usual gap between rounds:** 6.4 years

## The rounds

- **Nov 2021** Series C **$75M** *4 new* *2 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) [Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first) [SoftBank](https://millionrounds.com/fund/softbank-2) [SoftBank Vision Fund](https://millionrounds.com/fund/softbank-investment-advisers) [EQT Ventures](https://millionrounds.com/fund/eqt-ventures) Source recorded SEC filing: $87M sold, first sale Oct 2021
- **May 2015** Venture **$1.4M** *1 new* [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) From a historical funding record SEC filing: $1.4M sold, first sale May 2015
- **Dec 2013** Venture **Amount undisclosed** *1 new* [Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first) From a historical funding record

## Founders and team

From Permutive's own website: 4 on the team.

- **Michael O’Grady** CFO
- **Chloe Grutchfield** VP of Products
- **Jeffrey Rosello** VP of Customer Success
- **Lauren Stephenson** VP of People

## 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.

**Venture** 2013 **Venture** 2015 **Series C** 2021 [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) [Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first) [Y Combinator](https://millionrounds.com/fund/y-combinator) [SoftBank](https://millionrounds.com/fund/softbank-2) [SoftBank Vision Fund](https://millionrounds.com/fund/softbank-investment-advisers) [EQT Ventures](https://millionrounds.com/fund/eqt-ventures)

## Everyone who backed them

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

[Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first) Accelerator **2** rounds

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

[SoftBank](https://millionrounds.com/fund/softbank-2) Investment firm **1** round

[SoftBank Vision Fund](https://millionrounds.com/fund/softbank-investment-advisers) VC firm **1** round

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

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=permutive).

## Also claim to have backed them

These 2 firms list Permutive 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.

[Avonmore Developments](https://millionrounds.com/fund/avonmore-developments) Family office Per its own site

[Samos Investments](https://millionrounds.com/fund/samos-investments-2) VC firm Per its own site

## Quick answers about Permutive

### Who invested in Permutive?

Permutive's investors include Octopus Ventures, Entrepreneur First, Y Combinator, SoftBank and SoftBank Vision Fund, and 1 more on record.

### How much has Permutive raised?

Permutive has raised $76M across 3 rounds since 2013. One round did not disclose an amount, so the total is a floor.

### When did Permutive last raise?

Permutive's most recent round was a Series C of $75M in Nov 2021.

### What was Permutive's biggest round?

Its most recent round, $75M in Nov 2021, is also its largest on record.

### Who backed Permutive first?

Permutive's first round on record, in Dec 2013, was backed by Entrepreneur First.

### What stage is Permutive at?

Permutive's latest named round is a Series C, in Nov 2021.

### Where is Permutive based?

Permutive is based in the United Kingdom.

## Companies like Permutive

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

[**Velocity** $105M · Sept 2026](https://millionrounds.com/company/velocity)[**Adthena** $110M · Jul 2026](https://millionrounds.com/company/adthena)[**InfoSum** $164M · Jun 2026](https://millionrounds.com/company/infosum)[**Covatic** $10M · Jun 2026](https://millionrounds.com/company/covatic)[**Vector** $91M · May 2026](https://millionrounds.com/company/vector)[**Go Swag** $5.0M · May 2026](https://millionrounds.com/company/go-swag)

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