# Phorest funding: rounds and investors

> Phorest has raised $26M across 2 rounds since 2011. Investors include Enterprise Ireland, Susquehanna Growth Equity and Enterprise Equity.

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

Ireland · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Phorest*

2 rounds we have observed, with the 4 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.

Software E-commerce

Funding summary Updated 26 Oct 2026

**$26M** raised across 2 rounds since 2011, from 2 sources

**$1.9M** Seed **$24M** Round

- **Latest round:** Round, $24M Jun 2018
- **Step-up i:** 12.8×
- **Investors:** 4

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.

2012 2013 2014 2015 2016 2017 2018

**$1.9M** Seed

**$24M** Round

- **First round:** Seed, $1.9M
- **Biggest round:** $24M
- **Between rounds:** 6.8 years

## The rounds

- **Jun 2018** Round **$24M** *1 new* [Susquehanna Growth Equity](https://millionrounds.com/fund/susquehanna-growth-equity) Reported by Irishtimes
- **Aug 2011** Seed **$1.9M** *3 new* [Enterprise Ireland](https://millionrounds.com/fund/enterprise-ireland) [Enterprise Equity](https://millionrounds.com/fund/enterprise-equity-venture-capital) [Bloom Equity](https://millionrounds.com/fund/bloom-equity) Reported by irishtimes.com

## 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** 2011 **Round** 2018 [Enterprise Ireland](https://millionrounds.com/fund/enterprise-ireland) [Susquehanna Growth Equity](https://millionrounds.com/fund/susquehanna-growth-equity) [Enterprise Equity](https://millionrounds.com/fund/enterprise-equity-venture-capital) [Bloom Equity](https://millionrounds.com/fund/bloom-equity)

## Everyone who backed them

[Enterprise Ireland](https://millionrounds.com/fund/enterprise-ireland) Government **1** round

[Susquehanna Growth Equity](https://millionrounds.com/fund/susquehanna-growth-equity) Private equity **1** round

[Enterprise Equity](https://millionrounds.com/fund/enterprise-equity-venture-capital) VC firm **1** round

[Bloom Equity](https://millionrounds.com/fund/bloom-equity) Private equity **1** round

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

## Quick answers about Phorest

### Who invested in Phorest?

Phorest's investors include Enterprise Ireland, Susquehanna Growth Equity, Enterprise Equity and Bloom Equity.

### How much has Phorest raised?

Phorest has raised $26M across 2 rounds since 2011.

### When did Phorest last raise?

Phorest's most recent round was an Undisclosed round of $24M in Jun 2018.

### What was Phorest's biggest round?

Its most recent round, $24M in Jun 2018, is also its largest on record.

### Who backed Phorest first?

Phorest's first round on record, in Aug 2011, was backed by Enterprise Ireland, Enterprise Equity and Bloom Equity.

### What stage is Phorest at?

Phorest's latest named round is an Undisclosed round, in Jun 2018.

### Where is Phorest based?

Phorest is based in Ireland.

## Companies like Phorest

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

[**Trustap** $16M · Jun 2026](https://millionrounds.com/company/trustap)[**Scopey Onsite** $604K · Mar 2026](https://millionrounds.com/company/scopey-onsite)[**Ahascragh Distillery** $47K · Aug 2025](https://millionrounds.com/company/ahascragh-distillery)[**Jarvio** $1.8M · Jul 2025](https://millionrounds.com/company/jarvio)[**FoodMarble** May 2025](https://millionrounds.com/company/foodmarble)[**EloElo** $13M · Oct 2026](https://millionrounds.com/company/eloelo)

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