# PingThings funding: rounds and investors

> PingThings has raised $3.5M across 4 rounds since 2014. Investors include GE Ventures, Frost Data Capital and K Fund. Every round with its source.

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

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

# Who invested in *PingThings*

4 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.

Big Data & Analytics

Funding summary Updated 26 Oct 2026

**$3.5M** raised across 4 rounds since 2014, from 4 sources

**$500K** Seed **$2.0M** Seed **$1.0M** Venture

- **Latest round:** Venture Jan 2023
- **Biggest round:** $2.0M Seed · Jan 2015
- **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.

2014 2016 2018 2020 2022

**$500K** Seed

**$2.0M** Seed

**$1.0M** Venture

**?** Venture

- **First round:** Seed, $500K
- **Biggest round:** $2.0M
- **Usual gap between rounds:** 9 months

## The rounds

- **Jan 2023** Venture **Amount undisclosed** *1 new* [K Fund](https://millionrounds.com/fund/kfund) Source recorded
- **Apr 2015** Venture **$1.0M** *2 returning* [GE Ventures](https://millionrounds.com/fund/ge-ventures) [Frost Data Capital](https://millionrounds.com/fund/frost-data-capital) From a historical funding record
- **Jan 2015** Seed **$2.0M** *1 new* *2 returning* [GE Ventures](https://millionrounds.com/fund/ge-ventures) [Double M Partners](https://millionrounds.com/fund/double-m-partners) [Frost Data Capital](https://millionrounds.com/fund/frost-data-capital) From a historical funding record
- **Apr 2014** Seed **$500K** *2 new* [GE Ventures](https://millionrounds.com/fund/ge-ventures) [Frost Data Capital](https://millionrounds.com/fund/frost-data-capital) 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** 2014 **Seed** 2015 **Venture** 2015 **Venture** 2023 [GE Ventures](https://millionrounds.com/fund/ge-ventures) [Frost Data Capital](https://millionrounds.com/fund/frost-data-capital) [K Fund](https://millionrounds.com/fund/kfund) [Double M Partners](https://millionrounds.com/fund/double-m-partners)

## Everyone who backed them

[GE Ventures](https://millionrounds.com/fund/ge-ventures) Corporate VC **3** rounds

[Frost Data Capital](https://millionrounds.com/fund/frost-data-capital) Accelerator **3** rounds

[K Fund](https://millionrounds.com/fund/kfund) VC firm **1** round

[Double M Partners](https://millionrounds.com/fund/double-m-partners) VC firm **1** round

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

## Also claim to have backed them

These 2 firms list PingThings 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.

[Oxford Angel Fund](https://millionrounds.com/fund/oxford-angel-fund) VC firm Per its own site

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

## Quick answers about PingThings

### Who invested in PingThings?

PingThings's investors include GE Ventures, Frost Data Capital, K Fund and Double M Partners.

### How much has PingThings raised?

PingThings has raised $3.5M across 4 rounds since 2014. One round did not disclose an amount, so the total is a floor.

### When did PingThings last raise?

PingThings's most recent round was a Venture in Jan 2023.

### What was PingThings's biggest round?

PingThings's largest round on record is $2.0M (Seed), in Jan 2015.

### Who backed PingThings first?

PingThings's first round on record, in Apr 2014, was backed by GE Ventures and Frost Data Capital.

### What stage is PingThings at?

PingThings's latest named round is a Venture, in Jan 2023.

### Where is PingThings based?

PingThings is based in the United States.

## Companies like PingThings

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

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**DrizzleX** $9.1M · Oct 2026](https://millionrounds.com/company/drizzlex)[**Prism Data** $25M · Oct 2026](https://millionrounds.com/company/prism-data)[**Homa** $5.0M · Oct 2026](https://millionrounds.com/company/homa)

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