# Phospholutions funding: rounds and investors

> Phospholutions has raised $12M across 2 rounds since 2019. Investors include Advantage Capital, Fen Ventures and 1855 Capital. Every round with its source.

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

United States · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Phospholutions*

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.

Agtech

Funding summary Updated 26 Oct 2026

**$12M** raised across 2 rounds since 2019, from 3 sources

**$1.5M** Round **$10M** Series A

- **Latest round:** Series A, $10M Aug 2023
- **Step-up i:** 6.8×
- **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.

2020 2021 2022 2023

**$1.5M** Round

**$10M** Series A

- **First round:** Round, $1.5M
- **Biggest round:** $10M
- **Between rounds:** 4.2 years

[**Phospholutions** Agriculture 1 / 15 Their pitch deck **Phospholutions's pitch deck, 15 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/phospholutions)

## The rounds

- **Aug 2023** Series A **$10M** *2 new* [Advantage Capital](https://millionrounds.com/fund/advantage-capital) [Fen Ventures](https://millionrounds.com/fund/fen-ventures) Reported by Firms' own news pages and 1 other SEC filing: $15M sold, first sale Jul 2023
- **Jun 2019** Round **$1.5M** *2 new* [1855 Capital](https://millionrounds.com/fund/1855-capital) [Maumee Ventures](https://millionrounds.com/fund/maumee-ventures) Reported by FinSMEs

## Founders and team

From Phospholutions's own website: 1 founder, 7 on the team.

**Hunter Swisher** CEO & Founder

- **Tim Mahoney** Vice President Business Development
- **Justin Archibee** Chief Financial Officer
- **Michael Castiglione** Chief Operating Officer
- **Stephan Levitsky** Chief Administrative & Sustainability Officer
- **Craig Dick** VP of Marketing & Sales
- **Jacquelyeen Boney** Director of Human Relations
- **Megan Lyman** General Counsel

## 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.

**Round** 2019 **Series A** 2023 [Advantage Capital](https://millionrounds.com/fund/advantage-capital) [Fen Ventures](https://millionrounds.com/fund/fen-ventures) [1855 Capital](https://millionrounds.com/fund/1855-capital) [Maumee Ventures](https://millionrounds.com/fund/maumee-ventures)

## Everyone who backed them

[Advantage Capital](https://millionrounds.com/fund/advantage-capital) Corporate VC **1** round

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

[1855 Capital](https://millionrounds.com/fund/1855-capital) VC firm **1** round

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

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

## Also claim to have backed them

These 2 firms list Phospholutions 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.

[Ag Ventures Alliance](https://millionrounds.com/fund/ag-ventures-alliance) VC firm Per its own site

[Tekfen Ventures](https://millionrounds.com/fund/tekfen-ventures) VC firm Per its own site

## Quick answers about Phospholutions

### Who invested in Phospholutions?

Phospholutions's investors include Advantage Capital, Fen Ventures, 1855 Capital and Maumee Ventures.

### How much has Phospholutions raised?

Phospholutions has raised $12M across 2 rounds since 2019.

### When did Phospholutions last raise?

Phospholutions's most recent round was a Series A of $10M in Aug 2023.

### What was Phospholutions's biggest round?

Its most recent round, $10M in Aug 2023, is also its largest on record.

### Who backed Phospholutions first?

Phospholutions's first round on record, in Jun 2019, was backed by 1855 Capital and Maumee Ventures.

### What stage is Phospholutions at?

Phospholutions's latest named round is a Series A, in Aug 2023.

### Where is Phospholutions based?

Phospholutions is based in the United States.

## Companies like Phospholutions

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

[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)[**Kodama** $7.0M · Oct 2026](https://millionrounds.com/company/kodama)[**PickTrace** Oct 2026](https://millionrounds.com/company/picktrace)[**Hone** $60M · Oct 2026](https://millionrounds.com/company/hone)[**Helios Artificial Intelligence** $7.7M · Sept 2026](https://millionrounds.com/company/helios-artificial-intelligence)[**DASH Dog Food** $1.5M · Sept 2026](https://millionrounds.com/company/dash-dog-food)

## Find investors like these

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