United States · Seed startup

Who invested in Ratio

4 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.

B2BFintechSaaS

Raised 6 months ago

Funding summaryUpdated 26 Oct 2026

$419Mraised across 4 rounds since 2022, from 5 sources

$2.5MCrowdfunding$400MDebt$499KPre-seed$16MSeed
Latest round
Seed, $16MApr 2026
Led by
Streamlined Ventures
Biggest round
$400MDebt · Sept 2022
Step-upi
31.7×
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.

20222023202420252026
$2.5MCrowdfunding$400MDebt$499KPre-seed$16MSeed
First round
Crowdfunding, $2.5M
Feb 2022
Biggest round
$400M
Debt · Sept 2022
Usual gap between rounds
11 months
the median of 3

The rounds

  1. Apr 2026
  2. May 2025
    Pre-seed$499K1 new

    Source recorded

  3. Sept 2022
    Debt$400M2 new

    Source recordedSEC filing: $200K sold, first sale May 2022

  4. Feb 2022
    Crowdfunding$2.5M2 new

    Source recordedSEC filing: $200K sold, first sale May 2022

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

Streamlined VenturesVC firm2rounds, led 1
Cervin VenturesVC firm2rounds
ENISAVC firm1round
RepublicVC firm1round
Alameda ResearchPrivate equity1round
8-Bit CapitalVC firm1round
Honeystone VenturesVC firm1round

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

Also claim to have backed them

This firm lists Ratio 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.

AGE FundVC firmPer its own site

Quick answers about Ratio

Who invested in Ratio?

Ratio's investors include Streamlined Ventures, Cervin Ventures, ENISA, Republic and Alameda Research, and 2 more on record. Streamlined Ventures led its latest round.

How much has Ratio raised?

Ratio has raised $419M across 4 rounds since 2022.

When did Ratio last raise?

Ratio's most recent round was a Seed of $16M in Apr 2026, led by Streamlined Ventures.

What was Ratio's biggest round?

Ratio's largest round on record is $400M (Debt), in Sept 2022.

Who backed Ratio first?

Ratio's first round on record, in Feb 2022, was backed by Republic and Alameda Research.

What stage is Ratio at?

Ratio's latest named round is a Seed, in Apr 2026.

Where is Ratio based?

Ratio is based in the United States.

Who led Ratio's rounds?

Streamlined Ventures led the Seed in 2026.

Companies like Ratio

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