United States · Funded startup

Who invested in Punchh

4 rounds we have observed, with the 10 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.

Advertising & AdtechMartech

Funding summaryUpdated 26 Oct 2026

$64Mraised across 4 rounds since 2012, from 4 sources

$4.0MVenture$20MSeries B$40MRound
Latest round
Round, $40MNov 2019
Led by
Adams Street Partners
Step-upi
2×
Investors
10 (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.

20122013201420152016201720182019
?Seed$4.0MVenture$20MSeries B$40MRound
First round
Seed
Apr 2012
Biggest round
$40M
Round · Nov 2019
Usual gap between rounds
19 months
the median of 3

The rounds

  1. Nov 2019
  2. Apr 2018
    Series B$20M1 new
    • Sapphire Ventures/ Cervin

    Reported by FinSMEs

  3. Aug 2013
  4. Apr 2012
    SeedAmount undisclosed1 new

    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.

Everyone who backed them

Adams Street PartnersVC firm1round, led 1
Sapphire VenturesVC firm1round
Cervin VenturesVC firm1round
TDF VenturesVC firm1round
AllianceBernsteinVC firm1round
Garnett Capital CorporationPrivate equity1round
VKRM ServicesVC firm1round
Green Span VenturesVC firm1round
Sapphire Ventures/ Cervinno record of our own yet1round

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

Quick answers about Punchh

Who invested in Punchh?

Punchh's investors include Adams Street Partners, Sapphire Ventures, Cervin Ventures, TDF Ventures and AllianceBernstein, and 5 more on record. Adams Street Partners led its latest round.

How much has Punchh raised?

Punchh has raised $64M across 4 rounds since 2012. One round did not disclose an amount, so the total is a floor.

When did Punchh last raise?

Punchh's most recent round was an Undisclosed round of $40M in Nov 2019, led by Adams Street Partners.

What was Punchh's biggest round?

Its most recent round, $40M in Nov 2019, is also its largest on record.

Who backed Punchh first?

Punchh's first round on record, in Apr 2012, was backed by TDF Ventures.

What stage is Punchh at?

Punchh's latest named round is an Undisclosed round, in Nov 2019.

Where is Punchh based?

Punchh is based in the United States.

Who led Punchh's rounds?

Adams Street Partners led the Undisclosed round in 2019.

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