# Polar funding: rounds and investors

> Polar has raised $16M across 2 rounds since 2025. Investors include Madrona Venture Group, Guillermo Rauch and Colorado Office of Economic Development and...

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

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

# Who invested in *Polar*

2 rounds we have observed, with the 5 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.

AI Open Source Robotics

Raised 3 months ago

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Funding summary Updated 5 Nov 2026

**$16M** raised across 2 rounds since 2025, from 3 sources

**$10M** Seed **$5.7M** Seed

- **Latest round:** Seed, $5.7M Jul 2026
- **Led by:** Madrona Venture Group
- **Biggest round:** $10M Seed · Jun 2025
- **Investors:** 5 (1 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.

2026

**$10M** Seed

**$5.7M** Seed

- **First round:** Seed, $10M
- **Biggest round:** $10M
- **Between rounds:** 14 months

## The rounds

- **Jul 2026** Seed **$5.7M** *3 new* [Madrona Venture Group](https://millionrounds.com/fund/madrona) Lead [Erik Bernhardsson](https://millionrounds.com/fund/erik-bernhardsson) [Thomas Dohmke](https://millionrounds.com/fund/thomas-dohmke) Reported by TechStartups
- **Jun 2025** Seed **$10M** *2 new* [Guillermo Rauch](https://millionrounds.com/fund/guillermo-rauch) [Colorado Office of Economic Development and International Trade](https://millionrounds.com/fund/colorado-office-of-economic-development-and-international-tr) Source recorded and 1 other SEC filing: $10M sold, first sale Apr 2025

## 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** 2025 **Seed** 2026 [Madrona Venture Group](https://millionrounds.com/fund/madrona) L [Guillermo Rauch](https://millionrounds.com/fund/guillermo-rauch) [Colorado Office of Economic Development and International Trade](https://millionrounds.com/fund/colorado-office-of-economic-development-and-international-tr) [Erik Bernhardsson](https://millionrounds.com/fund/erik-bernhardsson) [Thomas Dohmke](https://millionrounds.com/fund/thomas-dohmke)

## The exit

Exit Buyer Price When

Acquired [Google](https://millionrounds.com/fund/google-assistant-investments) undisclosed Sept 2014

From historical deal records. Wrong? [Tell us](https://millionrounds.com/corrections?slug=polar).

## Everyone who backed them

[Madrona Venture Group](https://millionrounds.com/fund/madrona) VC firm **1** round, led 1

[Guillermo Rauch](https://millionrounds.com/fund/guillermo-rauch) VC firm **1** round

[Colorado Office of Economic Development and International Trade](https://millionrounds.com/fund/colorado-office-of-economic-development-and-international-tr) Government **1** round

[Erik Bernhardsson](https://millionrounds.com/fund/erik-bernhardsson) VC firm **1** round

[Thomas Dohmke](https://millionrounds.com/fund/thomas-dohmke) VC firm **1** round

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

## Quick answers about Polar

### Who invested in Polar?

Polar's investors include Madrona Venture Group, Guillermo Rauch, Colorado Office of Economic Development and International Trade, Erik Bernhardsson and Thomas Dohmke. Madrona Venture Group led its latest round.

### How much has Polar raised?

Polar has raised $16M across 2 rounds since 2025.

### When did Polar last raise?

Polar's most recent round was a Seed of $5.7M in Jul 2026, led by Madrona Venture Group.

### What was Polar's biggest round?

Polar's largest round on record is $10M (Seed), in Jun 2025.

### Who backed Polar first?

Polar's first round on record, in Jun 2025, was backed by Guillermo Rauch and Colorado Office of Economic Development and International Trade.

### What stage is Polar at?

Polar's latest named round is a Seed, in Jul 2026.

### Where is Polar based?

Polar is based in the United States.

### Who led Polar's rounds?

Madrona Venture Group led the Seed in 2026.

## Companies like Polar

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

[**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**e2e** $8.0M · Nov 2026](https://millionrounds.com/company/e2e)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute)

## Find investors like these

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