# RangeForce funding: rounds and investors

> RangeForce has raised $22M across 2 rounds since 2019. Investors include Paladin Capital Group, Techstars and Right Side Capital Management.

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

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

# Who invested in *RangeForce*

2 rounds we have observed, with the 6 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.

Cybersecurity

Funding summary Updated 26 Oct 2026

**$22M** raised across 2 rounds since 2019, from 2 sources

**$1.5M** Round **$20M** Series B

- **Latest round:** Series B, $20M Mar 2023
- **Step-up i:** 13.3×
- **Investors:** 6 (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.

2020 2021 2022 2023

**$1.5M** Round

**$20M** Series B

- **First round:** Round, $1.5M
- **Biggest round:** $20M
- **Between rounds:** 3.8 years

## The rounds

- **Mar 2023** Series B **$20M** *4 new* *1 returning* [Techstars](https://millionrounds.com/fund/techstars) [Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) [Paladin Capital Group](https://millionrounds.com/fund/paladin-capital-group) [Cisco Investments](https://millionrounds.com/fund/cisco-investments) [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) Source recorded SEC filing: $19M sold, first sale Nov 2022
- **May 2019** Round **$1.5M** *2 new* [Paladin Capital Group](https://millionrounds.com/fund/paladin-capital-group) Lead [Trind Ventures](https://millionrounds.com/fund/trind-ventures) Reported by Tech.eu

## Founders and team

From RangeForce's own website: 3 founders, 1 on the team.

**Jaanus Kink** Co-founder

**Margus Ernits** Co-founder

**Taavi Must** Co-founder and

- **David Etue** CEO

## 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** 2019 **Series B** 2023 [Paladin Capital Group](https://millionrounds.com/fund/paladin-capital-group) L [Techstars](https://millionrounds.com/fund/techstars) [Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) [Cisco Investments](https://millionrounds.com/fund/cisco-investments) [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) [Trind Ventures](https://millionrounds.com/fund/trind-ventures)

## Everyone who backed them

[Paladin Capital Group](https://millionrounds.com/fund/paladin-capital-group) VC firm **2** rounds, led 1

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

[Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) VC firm **1** round

[Cisco Investments](https://millionrounds.com/fund/cisco-investments) Corporate VC **1** round

[Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) VC firm **1** round

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

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

## Also claim to have backed them

This firm lists RangeForce as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Lanx Capital](https://millionrounds.com/fund/lanx-capital) Private equity Per its own site

## Quick answers about RangeForce

### Who invested in RangeForce?

RangeForce's investors include Paladin Capital Group, Techstars, Right Side Capital Management, Cisco Investments and Energy Impact Partners, and 1 more on record.

### How much has RangeForce raised?

RangeForce has raised $22M across 2 rounds since 2019.

### When did RangeForce last raise?

RangeForce's most recent round was a Series B of $20M in Mar 2023.

### What was RangeForce's biggest round?

Its most recent round, $20M in Mar 2023, is also its largest on record.

### Who backed RangeForce first?

RangeForce's first round on record, in May 2019, was backed by Paladin Capital Group and Trind Ventures.

### What stage is RangeForce at?

RangeForce's latest named round is a Series B, in Mar 2023.

### Where is RangeForce based?

RangeForce is based in Estonia.

### Who led RangeForce's rounds?

Paladin Capital Group led the Undisclosed round in 2019.

## Companies like RangeForce

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

[**eID easy** $1.5M · Oct 2025](https://millionrounds.com/company/eid-easy)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Blackwall** $162M · Oct 2026](https://millionrounds.com/company/blackwall)[**Opsin** $21M · Oct 2026](https://millionrounds.com/company/opsin)[**Harmonic Security** $68M · Oct 2026](https://millionrounds.com/company/harmonic-security)[**Reach Security** $60M · Oct 2026](https://millionrounds.com/company/reach-security)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app
