# Raylo funding: rounds and investors

> Raylo has raised $29M across 2 rounds since 2019. Investors include Crowdcube, Citibank and Octopus Ventures. Every round with its source.

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

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

# Who invested in *Raylo*

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.

Consumer Apps Internet

Raised 10 months ago

Funding summary Updated 26 Oct 2026

**$29M** raised across 2 rounds since 2019, from 2 sources

**$2.0M** Pre-seed **$27M** Debt

- **Latest round:** Debt, $27M Jan 2026
- **Step-up i:** 13.7×
- **Investors:** 6

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 2024 2025 2026

**$2.0M** Pre-seed

**$27M** Debt

- **First round:** Pre-seed, $2.0M
- **Biggest round:** $27M
- **Between rounds:** 6.5 years

## The rounds

- **Jan 2026** Debt **$27M** *3 new* [Crowdcube](https://millionrounds.com/fund/crowdcube) [Citibank](https://millionrounds.com/fund/citi) [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) Source recorded
- **Jun 2019** Pre-seed **$2.0M** *3 new* [Techstart Ventures](https://millionrounds.com/fund/techstart-ventures) James Meekings Samir Desai 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.

**Pre-seed** 2019 **Debt** 2026 [Crowdcube](https://millionrounds.com/fund/crowdcube) [Citibank](https://millionrounds.com/fund/citi) [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) [Techstart Ventures](https://millionrounds.com/fund/techstart-ventures) James Meekings Samir Desai

## Everyone who backed them

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

[Citibank](https://millionrounds.com/fund/citi) Growth equity **1** round

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

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

James Meekings no record of our own yet **1** round

Samir Desai 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=raylo).

## Also claim to have backed them

These 2 firms list Raylo 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.

[Houghton Street Ventures](https://millionrounds.com/fund/houghton-street-ventures) VC firm Per its own site

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

## Quick answers about Raylo

### Who invested in Raylo?

Raylo's investors include Crowdcube, Citibank, Octopus Ventures, Techstart Ventures and James Meekings, and 1 more on record.

### How much has Raylo raised?

Raylo has raised $29M across 2 rounds since 2019.

### When did Raylo last raise?

Raylo's most recent round was a Debt of $27M in Jan 2026.

### What was Raylo's biggest round?

Its most recent round, $27M in Jan 2026, is also its largest on record.

### Who backed Raylo first?

Raylo's first round on record, in Jun 2019, was backed by Techstart Ventures, James Meekings and Samir Desai.

### What stage is Raylo at?

Raylo's latest named round is a Debt, in Jan 2026.

### Where is Raylo based?

Raylo is based in the United Kingdom.

## Companies like Raylo

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

[**Blackwall** $162M · Oct 2026](https://millionrounds.com/company/blackwall)[**SafeToNet** $23M · Sept 2026](https://millionrounds.com/company/safetonet)[**Stasher** $8.3M · Sept 2026](https://millionrounds.com/company/stasher)[**Communion** $13M · Sept 2026](https://millionrounds.com/company/communion)[**Thursday** $1.5M · Sept 2026](https://millionrounds.com/company/thursday)[**Velocity** $105M · Sept 2026](https://millionrounds.com/company/velocity)

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