# Rael funding: rounds and investors

> Rael has raised $55M across 3 rounds since 2018. Investors include BAM Ventures, GS Retail Fund/ Softbank Ventures Korea and Strong Ventures.

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

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

# Who invested in *Rael*

3 rounds we have observed, with the 7 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.

Beauty Biotech Healthcare

Funding summary Updated 26 Oct 2026

**$55M** raised across 3 rounds since 2018, from 3 sources

**$2.1M** Round **$18M** Series A **$35M** Series B

- **Latest round:** Series B, $35M May 2022
- **Step-up i:** 2×
- **Investors:** 7 (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.

2019 2020 2021 2022

**$2.1M** Round

**$18M** Series A

**$35M** Series B

- **First round:** Round, $2.1M
- **Biggest round:** $35M
- **Usual gap between rounds:** 3.5 years

## The rounds

- **May 2022** Series B **$35M** *3 new* *1 returning* [Strong Ventures](https://millionrounds.com/fund/strong-ventures) [SBVA](https://millionrounds.com/fund/sbva) [BAM Ventures](https://millionrounds.com/fund/bam-ventures) [Colopl Next](https://millionrounds.com/fund/colopl-next) Source recorded SEC filing: $35M sold, first sale Aug 2021
- **Nov 2018** Series A **$18M** *3 new* GS Retail Fund/ Softbank Ventures Korea Lead [BAM Ventures](https://millionrounds.com/fund/bam-ventures) [Mirae Asset](https://millionrounds.com/fund/mirae-asset) Reported by Crunchbase News SEC filing: $13M sold, first sale Aug 2018
- **May 2018** Round **$2.1M** *1 new* SoftBank Ventures Korea/ Thrive Market Reported by FinSMEs SEC filing: $2.8M sold, first sale Mar 2018

## 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.

**Round** 2018 **Series A** 2018 **Series B** 2022 [BAM Ventures](https://millionrounds.com/fund/bam-ventures) GS Retail Fund/ Softbank Ventures Korea L [Strong Ventures](https://millionrounds.com/fund/strong-ventures) [SBVA](https://millionrounds.com/fund/sbva) [Colopl Next](https://millionrounds.com/fund/colopl-next) [Mirae Asset](https://millionrounds.com/fund/mirae-asset) SoftBank Ventures Korea/ Thrive Market

## Everyone who backed them

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

GS Retail Fund/ Softbank Ventures Korea no record of our own yet **1** round, led 1

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

[SBVA](https://millionrounds.com/fund/sbva) VC firm **1** round

[Colopl Next](https://millionrounds.com/fund/colopl-next) Corporate VC **1** round

[Mirae Asset](https://millionrounds.com/fund/mirae-asset) VC firm **1** round

SoftBank Ventures Korea/ Thrive Market 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=rael).

## Quick answers about Rael

### Who invested in Rael?

Rael's investors include BAM Ventures, GS Retail Fund/ Softbank Ventures Korea, Strong Ventures, SBVA and Colopl Next, and 2 more on record.

### How much has Rael raised?

Rael has raised $55M across 3 rounds since 2018.

### When did Rael last raise?

Rael's most recent round was a Series B of $35M in May 2022.

### What was Rael's biggest round?

Its most recent round, $35M in May 2022, is also its largest on record.

### Who backed Rael first?

Rael's first round on record, in May 2018, was backed by SoftBank Ventures Korea/ Thrive Market.

### What stage is Rael at?

Rael's latest named round is a Series B, in May 2022.

### Where is Rael based?

Rael is based in the United States.

### Who led Rael's rounds?

GS Retail Fund/ Softbank Ventures Korea led the Series A in 2018.

## Companies like Rael

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

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)

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