# Profound funding: rounds and investors

> Profound has raised $279M across 3 rounds since 2011. Investors include Sequoia Capital, Lightspeed Venture Partners and Kleiner Perkins.

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

Canada · [Series D startup](https://millionrounds.com/companies)

# Who invested in *Profound*

3 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.

AI Big Data & Analytics Martech

Raised 2 months ago

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Funding summary Updated 5 Nov 2026

**$279M** raised across 3 rounds since 2011, from 5 sources

**$2.5M** Venture **$96M** Series C **$180M** Series D

- **Latest round:** Series D, $180M Sept 2026
- **Led by:** Sequoia Capital and Kleiner Perkins
- **Step-up i:** 1.9×
- **Investors:** 8 (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.

2011 2013 2015 2017 2019 2021 2023 2025

**$2.5M** Venture

**$96M** Series C

**$180M** Series D

- **First round:** Venture, $2.5M
- **Biggest round:** $180M
- **Usual gap between rounds:** 14.8 years

[**Profound** AI 1 / 11 Their pitch deck **Profound's pitch deck, 11 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/profound)

## The rounds

- **Sept 2026** Series D **$180M** *5 returning* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) Lead [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) Lead [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [South Park Commons](https://millionrounds.com/fund/south-park-commons) Reported by TechCrunch and 1 other
- **Feb 2026** Series C **$96M** *7 new* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) Lead [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) [South Park Commons](https://millionrounds.com/fund/south-park-commons) [Evantic Capital](https://millionrounds.com/fund/evantic-capital) [Saga Ventures](https://millionrounds.com/fund/saga-ventures) Reported by Ventureburn and 1 other
- **May 2011** Venture **$2.5M** *1 new* [MaRS Investment Accelerator Fund](https://millionrounds.com/fund/mars-investment-accelerator-fund) 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.

**Venture** 2011 **Series C** 2026 **Series D** 2026 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) L [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) L [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) L [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [South Park Commons](https://millionrounds.com/fund/south-park-commons) [MaRS Investment Accelerator Fund](https://millionrounds.com/fund/mars-investment-accelerator-fund) [Evantic Capital](https://millionrounds.com/fund/evantic-capital) [Saga Ventures](https://millionrounds.com/fund/saga-ventures)

## Everyone who backed them

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **2** rounds, led 1

[Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **2** rounds, led 1

[Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) VC firm **2** rounds, led 1

[Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) VC firm **2** rounds

[South Park Commons](https://millionrounds.com/fund/south-park-commons) Accelerator **2** rounds

[MaRS Investment Accelerator Fund](https://millionrounds.com/fund/mars-investment-accelerator-fund) VC firm **1** round

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

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

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

## Quick answers about Profound

### Who invested in Profound?

Profound's investors include Sequoia Capital, Lightspeed Venture Partners, Kleiner Perkins, Khosla Ventures and South Park Commons, and 3 more on record. Sequoia Capital led its latest round.

### How much has Profound raised?

Profound has raised $279M across 3 rounds since 2011.

### When did Profound last raise?

Profound's most recent round was a Series D of $180M in Sept 2026, led by Sequoia Capital.

### What was Profound's biggest round?

Its most recent round, $180M in Sept 2026, is also its largest on record.

### Who backed Profound first?

Profound's first round on record, in May 2011, was backed by MaRS Investment Accelerator Fund.

### What stage is Profound at?

Profound's latest named round is a Series D, in Sept 2026.

### Where is Profound based?

Profound is based in Canada.

### Who led Profound's rounds?

Lightspeed Venture Partners led the Series C in 2026; Sequoia Capital led the Series D in 2026.

## Companies like Profound

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

[**Solink** $160M · Oct 2026](https://millionrounds.com/company/solink)[**Cohere** $5.6B · Oct 2026](https://millionrounds.com/company/cohere)[**Quminex** $1.1M · Oct 2026](https://millionrounds.com/company/quminex)[**Biossil** $153M · Sept 2026](https://millionrounds.com/company/biossil)[**Astrus** $20M · Sept 2026](https://millionrounds.com/company/astrus)[**Altis Labs** $31M · Sept 2026](https://millionrounds.com/company/altis-labs)

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