# Rapyd funding: rounds and investors

> Rapyd has raised $660M across 4 rounds since 2019. Investors include General Catalyst, Coatue and Target Global. Every round with its source.

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

United Kingdom · [Series F startup](https://millionrounds.com/companies)

# Who invested in *Rapyd*

4 rounds we have observed, with the 22 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.

Construction Fintech Web3 & Crypto

Valuation: $8.8B, Mar 2026

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Funding summary Updated 5 Nov 2026

**$660M** raised across 4 rounds since 2019, from 4 sources

**$40M** Series B **$100M** Round **$20M** Round **$500M** Series F

- **Latest round:** Series F, $500M Oct 2025
- **Step-up i:** 25×
- **Investors:** 22 (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 2023 2024 2025

**$40M** Series B

**$100M** Round

**$20M** Round

**$500M** Series F

- **First round:** Series B, $40M
- **Biggest round:** $500M
- **Usual gap between rounds:** 8 months

## The rounds

- **Oct 2025** Series F **$500M** *12 new* *4 returning* [General Catalyst](https://millionrounds.com/fund/general-catalyst) [B Capital](https://millionrounds.com/fund/b-capital) [Spark Capital](https://millionrounds.com/fund/spark-capital) [Coatue](https://millionrounds.com/fund/coatue-management) [Fidelity](https://millionrounds.com/fund/fidelity) [BlackRock](https://millionrounds.com/fund/blackrock) [Target Global](https://millionrounds.com/fund/target-global) [Stripe](https://millionrounds.com/fund/stripe) [Altimeter](https://millionrounds.com/fund/altimeter-capital) [Dragoneer Investment](https://millionrounds.com/fund/dragoneer-investment-group) [Latitude Investment Management Llp](https://millionrounds.com/fund/latitude) [Avid Ventures](https://millionrounds.com/fund/avid-ventures) [Whale Rock](https://millionrounds.com/fund/whale-rock) [XBO Ventures](https://millionrounds.com/fund/xbo-ventures) [Durable Capital](https://millionrounds.com/fund/durable-capital) Tal Capital Reported by Ventureburn
- **Dec 2019** Round **$20M** *1 new* [Durable Capital Partners Lp](https://millionrounds.com/fund/durable-capital-partners) Reported by TechCrunch
- **Oct 2019** Round **$100M** *6 new* *1 returning* [Oak HC/FT](https://millionrounds.com/fund/oak-hc-ft) Lead [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [Coatue](https://millionrounds.com/fund/coatue-management) [Target Global](https://millionrounds.com/fund/target-global) [Stripe](https://millionrounds.com/fund/stripe) Entrée Capital Reported by FinSMEs
- **Feb 2019** Series B **$40M** *3 new* [General Catalyst](https://millionrounds.com/fund/general-catalyst) [IGNIA](https://millionrounds.com/fund/ignia-partners) Stripe/ Target Global Reported by FinSMEs

## 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.

**Series B** 2019 **Round** 2019 **Round** 2019 **Series F** 2025 [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Coatue](https://millionrounds.com/fund/coatue-management) [Target Global](https://millionrounds.com/fund/target-global) [Stripe](https://millionrounds.com/fund/stripe) [Oak HC/FT](https://millionrounds.com/fund/oak-hc-ft) L [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [B Capital](https://millionrounds.com/fund/b-capital) [Spark Capital](https://millionrounds.com/fund/spark-capital) [Fidelity](https://millionrounds.com/fund/fidelity) [BlackRock](https://millionrounds.com/fund/blackrock)

## Everyone who backed them

[General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **3** rounds

[Coatue](https://millionrounds.com/fund/coatue-management) VC firm **2** rounds

[Target Global](https://millionrounds.com/fund/target-global) VC firm **2** rounds

[Stripe](https://millionrounds.com/fund/stripe) Company **2** rounds

[Oak HC/FT](https://millionrounds.com/fund/oak-hc-ft) VC firm **1** round, led 1

[Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) VC firm **1** round

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

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

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

[BlackRock](https://millionrounds.com/fund/blackrock) Asset manager **1** round

[IGNIA](https://millionrounds.com/fund/ignia-partners) VC firm **1** round

[Altimeter](https://millionrounds.com/fund/altimeter-capital) VC firm **1** round

[Dragoneer Investment](https://millionrounds.com/fund/dragoneer-investment-group) Private equity **1** round

[Durable Capital Partners Lp](https://millionrounds.com/fund/durable-capital-partners) Private equity **1** round

[Latitude Investment Management Llp](https://millionrounds.com/fund/latitude) VC firm **1** round

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

[Whale Rock](https://millionrounds.com/fund/whale-rock) Hedge fund **1** round

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

[Durable Capital](https://millionrounds.com/fund/durable-capital) Family office **1** round

Entrée Capital no record of our own yet **1** round

Stripe/ Target Global no record of our own yet **1** round

Tal Capital 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=rapyd).

## Also claim to have backed them

These 7 firms list Rapyd 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.

[Avenir](https://millionrounds.com/fund/avenir) VC firm Per its own site

[IGNIA](https://millionrounds.com/fund/ignia-2) VC firm Per its own site

[Annox Capital](https://millionrounds.com/fund/annox-capital) VC firm Per its own site

[Funders VC](https://millionrounds.com/fund/funders-vc) VC firm Per its own site

[adfirst.vc](https://millionrounds.com/fund/adfirst) VC firm Per its own site

[Bell Ventures VC](https://millionrounds.com/fund/bell-ventures-vc) VC firm Per its own site

[Exerte Partners](https://millionrounds.com/fund/exerte-partners) Family office Per its own site

## Quick answers about Rapyd

### Who invested in Rapyd?

Rapyd's investors include General Catalyst, Coatue, Target Global, Stripe and Oak HC/FT, and 17 more on record.

### How much has Rapyd raised?

Rapyd has raised $660M across 4 rounds since 2019.

### When did Rapyd last raise?

Rapyd's most recent round was a Series F of $500M in Oct 2025.

### What was Rapyd's biggest round?

Its most recent round, $500M in Oct 2025, is also its largest on record.

### Who backed Rapyd first?

Rapyd's first round on record, in Feb 2019, was backed by General Catalyst, IGNIA and Stripe/ Target Global.

### What stage is Rapyd at?

Rapyd's latest named round is a Series F, in Oct 2025.

### Where is Rapyd based?

Rapyd is based in the United Kingdom.

### Who led Rapyd's rounds?

Oak HC/FT led the Undisclosed round in 2019.

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