# Ping funding: rounds and investors

> Ping has raised $33M across 5 rounds since 2015. Investors include Upfront Ventures, Initialized Capital and First Round. Every round with its source.

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

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

# Who invested in *Ping*

5 rounds we have observed, with the 11 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.

Legaltech Web3 & Crypto

Y Combinator: S22

Funding summary Updated 26 Oct 2026

**$33M** raised across 5 rounds since 2015, from 5 sources

**$10K** Seed **$13M** Series A **$5.0M** Seed **$15M** Seed

- **Latest round:** Seed, $15M Nov 2022
- **Step-up i:** 3×
- **Investors:** 11 (3 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.

2015 2016 2017 2018 2019 2020 2021 2022

**$10K** Seed

**?** Venture

**$13M** Series A

**$5.0M** Seed

**$15M** Seed

- **First round:** Seed, $10K
- **Biggest round:** $15M
- **Usual gap between rounds:** 2.6 years

## The rounds

- **Nov 2022** Seed **$15M** *3 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Soma Capital](https://millionrounds.com/fund/soma-capital) [DHVC](https://millionrounds.com/fund/dhvc) Source recorded
- **Jun 2022** Seed **$5.0M** *1 new* [Valor Siren Ventures](https://millionrounds.com/fund/valor-siren-ventures) Source recorded
- **Nov 2019** Series A **$13M** *5 new* [Upfront Ventures](https://millionrounds.com/fund/upfront-ventures) Lead [Initialized Capital](https://millionrounds.com/fund/initialized-capital) Lead [First Round](https://millionrounds.com/fund/first-round-2) Lead [BoxGroup](https://millionrounds.com/fund/boxgroup) [Ulu Ventures](https://millionrounds.com/fund/ulu-ventures) Reported by TechCrunch
- **Mar 2016** Venture **Amount undisclosed** *1 new* [HSG](https://millionrounds.com/fund/hsg) Source recorded
- **Jan 2015** Seed **$10K** *1 new* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) From a historical funding record

## 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** 2015 **Venture** 2016 **Series A** 2019 **Seed** 2022 **Seed** 2022 [Upfront Ventures](https://millionrounds.com/fund/upfront-ventures) L [Initialized Capital](https://millionrounds.com/fund/initialized-capital) L [First Round](https://millionrounds.com/fund/first-round-2) L [Y Combinator](https://millionrounds.com/fund/y-combinator) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [BoxGroup](https://millionrounds.com/fund/boxgroup) [HSG](https://millionrounds.com/fund/hsg) [Soma Capital](https://millionrounds.com/fund/soma-capital) [Ulu Ventures](https://millionrounds.com/fund/ulu-ventures) [DHVC](https://millionrounds.com/fund/dhvc)

## Everyone who backed them

[Upfront Ventures](https://millionrounds.com/fund/upfront-ventures) VC firm **1** round, led 1

[Initialized Capital](https://millionrounds.com/fund/initialized-capital) VC firm **1** round, led 1

[First Round](https://millionrounds.com/fund/first-round-2) VC firm **1** round, led 1

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

[Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **1** round

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

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

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

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

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

[Valor Siren Ventures](https://millionrounds.com/fund/valor-siren-ventures) Corporate VC **1** round

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

## Also claim to have backed them

This firm lists Ping 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.

[Cosmos Network](https://millionrounds.com/fund/cosmos-network) Investment firm Per its own site

## Quick answers about Ping

### Who invested in Ping?

Ping's investors include Upfront Ventures, Initialized Capital, First Round, Y Combinator and Lightspeed Venture Partners, and 6 more on record.

### How much has Ping raised?

Ping has raised $33M across 5 rounds since 2015. One round did not disclose an amount, so the total is a floor.

### When did Ping last raise?

Ping's most recent round was a Seed of $15M in Nov 2022.

### What was Ping's biggest round?

Its most recent round, $15M in Nov 2022, is also its largest on record.

### Who backed Ping first?

Ping's first round on record, in Jan 2015, was backed by Lightspeed Venture Partners.

### What stage is Ping at?

Ping's latest named round is a Seed, in Nov 2022.

### Where is Ping based?

Ping is based in the United States.

### Who led Ping's rounds?

Upfront Ventures led the Series A in 2019.

## Companies like Ping

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

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Longeye** $25M · Oct 2026](https://millionrounds.com/company/longeye)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**Binance.US** $300M · Oct 2026](https://millionrounds.com/company/binance-us)[**Chariot Claims** $23M · Oct 2026](https://millionrounds.com/company/chariot-claims)

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