# Phrase funding: rounds and investors

> Phrase has raised $13M across 1 round since 2023. Investors include CIBC and CIBC Innovation Banking. Every round with its source.

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

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

# Who invested in *Phrase*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI

Funding summary Updated 26 Oct 2026

**$13M** raised across 1 round since 2023, from 1 source

- **Latest round:** Debt, $13M Jul 2023
- **Investors:** 2

See who backed them

## The rounds

- **Jul 2023** Debt **$13M** [CIBC](https://millionrounds.com/fund/cibc) [CIBC Innovation Banking](https://millionrounds.com/fund/cibc-innovation-banking) Source recorded

## Everyone who backed them

[CIBC](https://millionrounds.com/fund/cibc) VC firm **1** round

[CIBC Innovation Banking](https://millionrounds.com/fund/cibc-innovation-banking) VC firm **1** round

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

## Also claim to have backed them

This firm lists Phrase as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[KFLT Angels](https://millionrounds.com/fund/kflt-angels) Angel network Per its own site

## Quick answers about Phrase

### Who invested in Phrase?

Phrase's investors include CIBC and CIBC Innovation Banking.

### How much has Phrase raised?

Phrase has raised $13M across 1 round since 2023.

### When did Phrase last raise?

Phrase's most recent round was a Debt of $13M in Jul 2023.

### What was Phrase's biggest round?

Its most recent round, $13M in Jul 2023, is also its largest on record.

### Who backed Phrase first?

Phrase's first round on record, in Jul 2023, was backed by CIBC and CIBC Innovation Banking.

### What stage is Phrase at?

Phrase's latest named round is a Debt, in Jul 2023.

### Where is Phrase based?

Phrase is based in Germany.

## Companies like Phrase

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

[**YGO** $9.0M · Oct 2026](https://millionrounds.com/company/ygo)[**Causa Prima** $30M · Oct 2026](https://millionrounds.com/company/causa-prima)[**Stenon** $41M · Oct 2026](https://millionrounds.com/company/stenon)[**OllyGarden** $5.6M · Oct 2026](https://millionrounds.com/company/ollygarden)[**hexafarms** $9.5M · Oct 2026](https://millionrounds.com/company/hexafarms)[**METYCLE** $165M · Sept 2026](https://millionrounds.com/company/metycle)

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