United States · Funded startup

Who invested in Privy

2 rounds we have observed, with the 8 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.

ConstructionWeb3 & Crypto

Funding summaryUpdated 5 Nov 2026

$19Mraised across 2 rounds since 2018, from 2 sources

$4.3MRound$15MRound
Latest round
Round, $15MMar 2025
Led by
Ribbit Capital
Step-upi
3.5×
Investors
8 (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.

2019202020212022202320242025
$4.3MRound$15MRound
First round
Round, $4.3M
Oct 2018
Biggest round
$15M
Round · Mar 2025
Between rounds
6.4 years
from the last two
PrivyCrypto1 / 13Their pitch deckPrivy's pitch deck, 13 slidesEach slide read for what it argues, against the decks that raised at the same stage.

The rounds

  1. Mar 2025
    Round$15M7 new

    Reported by AlleyWatch

  2. Oct 2018
    Round$4.3M1 new
    • Sam Clemens/ Tuhaye

    Reported by VenturefizzSEC filing: $4.2M sold, first sale Oct 2018

Funding filed with regulators

Privy filed 3 raises, $8.1M in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Oct 2018$4.2M7 investorsequityof $4.2M offeredSEC Form D
  2. Oct 2017$2.2M21 investorsequityof $3.0M offeredSEC Form D
  3. Jun 2013$1.7M35 investorsequityof $2.4M offeredSEC Form D

Founders and team

From Privy's own website and the SEC filings it signed: 1 founder, 5 on the team.

Ben JabbawyFounding CEO, PrivyNamed on its 2018 Form D
  • Alex PerssonCEO
  • Spencer NormanCTO
  • Craig LanganVP of Sales
  • Katie SamuelsonVP of Marketing
  • Melissa PetrarcaHead of Customer Experience

On the board, as filediSamuel Clemens

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.

Round2018Round2025Ribbit CapitalLSequoia CapitalBoxGroupParadigmSE VenturesBlueYard CapitalCoinbaseSam Clemens/ Tuhaye

Everyone who backed them

Ribbit CapitalVC firm1round, led 1
Sequoia CapitalVC firm1round
BoxGroupVC firm1round
ParadigmVC firm1round
SE VenturesCorporate VC1round
BlueYard CapitalVC firm1round
CoinbaseCorporate VC1round
Sam Clemens/ Tuhayeno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 6 firms list Privy 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.

ArchetypeVC firmPer its own site
Lattice FundVC firmPer its own site
Pharsalus CapitalVenture studioPer its own site
Refract VenturesVC firmPer its own site
3SPOKEPrivate creditPer its own site
Original CapitalVC firmPer its own site

Quick answers about Privy

Who invested in Privy?

Privy's investors include Ribbit Capital, Sequoia Capital, BoxGroup, Paradigm and SE Ventures, and 3 more on record. Ribbit Capital led its latest round.

How much has Privy raised?

Privy has raised $19M across 2 rounds since 2018.

When did Privy last raise?

Privy's most recent round, $15M, was in Mar 2025, led by Ribbit Capital.

What was Privy's biggest round?

Its most recent round, $15M in Mar 2025, is also its largest on record.

Who backed Privy first?

Privy's first round on record, in Oct 2018, was backed by Sam Clemens/ Tuhaye.

What stage is Privy at?

Privy's latest named round is an Undisclosed round, in Oct 2018.

Where is Privy based?

Privy is based in the United States.

Who led Privy's rounds?

Ribbit Capital led the funding round in 2025.

Companies like Privy

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

Fal$1.4B · Nov 2026Trajectory$101M · Nov 2026Omni$244M · Nov 2026Northwood Space$505M · Nov 2026OpenAI$230B · Oct 2026Baseten$4.0B · Oct 2026

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