# Quilt funding: rounds and investors > Quilt has raised $59M across 5 rounds since 2012. Investors include Energy Impact Partners, Lowercarbon Capital and Galvanize. Every round with its source. Source: https://millionrounds.com/company/quilt (Millionrounds; every figure on the page links to its filing or article) United States · [Series B startup](https://millionrounds.com/companies) # Who invested in *Quilt* 5 rounds we have observed, with the 20 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. Climate Tech Hardware & Electronics Internet Real Estate Raised 11 months ago Follow Quilt and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fquilt) Funding summary Updated 5 Nov 2026 **$59M** raised across 5 rounds since 2012, from 5 sources **$33M** Series A **$20M** Series B - **Latest round:** Series B, $20M Dec 2025 - **Led by:** Energy Impact Partners and Galvanize - **Biggest round:** $33M Series A · Apr 2024 - **Investors:** 20 (2 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. 2012 2014 2016 2018 2020 2022 2024 **$505K** Seed **$3.3M** Seed **$2.5M** Seed **$33M** Series A **$20M** Series B - **First round:** Seed, $505K - **Biggest round:** $33M - **Usual gap between rounds:** 4.6 years ## The rounds - **Dec 2025** Series B **$20M** *6 new* *2 returning* [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) Lead [Galvanize](https://millionrounds.com/fund/galvanize) Lead [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Flybridge](https://millionrounds.com/fund/flybridge) [Gradient](https://millionrounds.com/fund/gradient-ventures) [Lowercarbon Capital](https://millionrounds.com/fund/lowercarbon-capital) [Garage Capital](https://millionrounds.com/fund/garage-capital-2) [Incite Ventures](https://millionrounds.com/fund/incite-ventures) Reported by TechCrunch SEC filing: $4.0M sold, first sale Dec 2023 - **Apr 2024** Series A **$33M** *3 new* [Lowercarbon Capital](https://millionrounds.com/fund/lowercarbon-capital) [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) [Spacecadet](https://millionrounds.com/fund/spacecadet) Source recorded - **Mar 2024** Seed **$2.5M** *1 new* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) Source recorded - **Jul 2016** Seed **$3.3M** *2 new* [Founder Collective](https://millionrounds.com/fund/founder-collective) [Eniac Ventures](https://millionrounds.com/fund/eniac-ventures) Reported by FinSMEs - **Jan 2012** Seed **$505K** *8 new* [Andrew McCollum](https://millionrounds.com/fund/andrew-mccollum) [Randy Scott](https://millionrounds.com/fund/randy-scott) Bill Hinchey Brady Brim DeForest David Whitney Jeff Shaw Jim O'Connor William Cyr From a historical funding record ## Founders and team From Quilt's own website: 3 founders. **Bill Kee** Co-Founder & CPO **Matthew Knoll** Co-Founder & CPO **Paul Lambert** Co-Founder & CTO ## 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** 2012 **Seed** 2016 **Seed** 2024 **Series A** 2024 **Series B** 2025 [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) L [Lowercarbon Capital](https://millionrounds.com/fund/lowercarbon-capital) [Galvanize](https://millionrounds.com/fund/galvanize) L [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Flybridge](https://millionrounds.com/fund/flybridge) [Founder Collective](https://millionrounds.com/fund/founder-collective) [Eniac Ventures](https://millionrounds.com/fund/eniac-ventures) [Gradient](https://millionrounds.com/fund/gradient-ventures) [Garage Capital](https://millionrounds.com/fund/garage-capital-2) ## Everyone who backed them [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) VC firm **2** rounds, led 1 [Lowercarbon Capital](https://millionrounds.com/fund/lowercarbon-capital) VC firm **2** rounds [Galvanize](https://millionrounds.com/fund/galvanize) VC firm **1** round, led 1 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **1** round [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round [Flybridge](https://millionrounds.com/fund/flybridge) VC firm **1** round [Founder Collective](https://millionrounds.com/fund/founder-collective) VC firm **1** round [Eniac Ventures](https://millionrounds.com/fund/eniac-ventures) VC firm **1** round [Gradient](https://millionrounds.com/fund/gradient-ventures) VC firm **1** round [Garage Capital](https://millionrounds.com/fund/garage-capital-2) VC firm **1** round [Spacecadet](https://millionrounds.com/fund/spacecadet) VC firm **1** round [Andrew McCollum](https://millionrounds.com/fund/andrew-mccollum) Angel **1** round [Incite Ventures](https://millionrounds.com/fund/incite-ventures) VC firm **1** round [Randy Scott](https://millionrounds.com/fund/randy-scott) Angel **1** round Bill Hinchey no record of our own yet **1** round Brady Brim DeForest no record of our own yet **1** round David Whitney no record of our own yet **1** round Jeff Shaw no record of our own yet **1** round Jim O'Connor no record of our own yet **1** round William Cyr no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=quilt). ## Also claim to have backed them These 2 firms list Quilt 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. [Garage Capital](https://millionrounds.com/fund/garage-capital) VC firm Per its own site [W Ventures GmbH](https://millionrounds.com/fund/w-ventures-2) VC firm Per its own site ## Quick answers about Quilt ### Who invested in Quilt? Quilt's investors include Energy Impact Partners, Lowercarbon Capital, Galvanize, Sequoia Capital and Alumni Ventures, and 15 more on record. Energy Impact Partners led its latest round. ### How much has Quilt raised? Quilt has raised $59M across 5 rounds since 2012. ### When did Quilt last raise? Quilt's most recent round was a Series B of $20M in Dec 2025, led by Energy Impact Partners. ### What was Quilt's biggest round? Quilt's largest round on record is $33M (Series A), in Apr 2024. ### Who backed Quilt first? Quilt's first round on record, in Jan 2012, was backed by Andrew McCollum, Randy Scott and Bill Hinchey and 5 others. ### What stage is Quilt at? Quilt's latest named round is a Series B, in Dec 2025. ### Where is Quilt based? Quilt is based in the United States. ### Who led Quilt's rounds? Energy Impact Partners led the Series B in 2025. ## Companies like Quilt In the same sector, and raised in the last eighteen months. 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