United States · Funded startup

Who invested in Remitly

9 rounds we have observed, with the 28 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.

Financial ServicesFintech

Funding summaryUpdated 26 Oct 2026

$861Mraised across 9 rounds since 2011, from 9 sources

$750KSeed$1.6MSeed$2.6MSeries A$5.5MSeries A$13MSeries B$38MRound$115MSeries D$135MSeries E$550MDebt
Latest round
Debt, $550MJun 2025
Step-upi
4.1×
Investors
28 (2 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.

20112013201520172019202120232025
$750KSeed$1.6MSeed$5.5MSeries A$13MSeries B$38MRound$115MSeries D$135MSeries E$550MDebt
First round
Seed, $750K
Oct 2011
Biggest round
$550M
Debt · Jun 2025
Usual gap between rounds
14 months
the median of 8

The rounds

  1. Jun 2025
    Debt$550M1 new3 returning

    Source recorded

  2. Jul 2019
    Series E$135M8 new1 returning

    Reported by TechCrunchSEC filing: $1.3B sold, first sale May 2019

  3. Oct 2017
    Series D$115M2 new1 returning

    Reported by FinSMEsSEC filing: $80M sold, first sale Nov 2017

  4. Sept 2016
    Round$38M2 new

    Reported by Seattletimes

  5. Mar 2015
    Series B$13M2 new2 returning

    From a historical funding recordSEC filing: $12M sold, first sale Mar 2015

  6. Jan 2014
    Series A$5.5M2 new4 returning

    From a historical funding recordSEC filing: $3.8M sold, first sale Dec 2013

  7. Jan 2013
    Series A$2.6M1 returning

    Reported by techcrunch.comSEC filing: $2.5M sold, first sale Dec 2012

  8. Apr 2012
    Seed$1.6M8 new1 returning

    Reported by techcrunch.com

  9. Oct 2011
    Seed$750K3 new

    Reported by geekwire.com

Founders and team

From the SEC filings it signed: 3 on the team.

  • Joshua B HugExecutive Officer, Directori
  • Krishnan B SrinivasanExecutive Officeri
  • Matthew B OppenheimerExecutive Officer, Directori

On the board, as filediCharles B StonecipherLaurant B le MoalPhilip B RieseRon B ShahWilliam B Bryant

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.

Seed2012Series A2013Series A2014Series B2015Round2016Series D2017Series E2019Debt2025TechstarsQED InvestorsDN CapitalInternational Finance CorporationFounders' Co-opTomorrow VenturesBezos ExpeditionsSK VenturesTrilogy Equity PartnershipTrilogy Equity Partners

Everyone who backed them

TechstarsVC firm3rounds
QED InvestorsVC firm3rounds
DN CapitalVC firm3rounds
International Finance CorporationGovernment2rounds
Founders' Co-opVC firm2rounds
Tomorrow VenturesVC firm2rounds
Bezos ExpeditionsFamily office2rounds
SK VenturesVC firm2rounds
Trilogy Equity PartnershipInvestment firm2rounds
Trilogy Equity PartnersVC firm2rounds
Generation Investment ManagementPrivate equity1round, led 1
Naspers’ PayUno record of our own yet1round, led 1
Goldman SachsPrivate equity1round
SVB CapitalVC firm1round
DFJVC firm1round
Draper Fisher Jurvetson (DFJ)Investment firm1round
StripesPrivate equity1round
Geoff EntressVC firm1round
Top Tier Capital PartnersFund of funds1round
Sujal PatelAngel1round
Prudential FinancialPrivate equity1round
Chase FranklinAngel1round
Mark WilliamsonAngel1round
Princeville GlobalVC firm1round
Owl Rock CapitalPrivate equity1round
Mark Willamsonno record of our own yet1round
PayU/ Stripes Groupno record of our own yet1round
Schroder & Co Bank AGno record of our own yet1round

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

Also claim to have backed them

These 9 firms list Remitly 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.

Klein Venture PartnersVC firmPer its own site
75 & SunnyVC firmPer its own site
Startup WeekendVC firmPer its own site
TechStars EnergyAcceleratorPer its own site
Techstars Alabama Power EnergyTech AcceleratorAcceleratorPer its own site
Techstars BerlinAcceleratorPer its own site
Techstars Music AcceleratorAcceleratorPer its own site
Techstars Toronto AcceleratorAcceleratorPer its own site
The Riyadh Techstars AcceleratorAcceleratorPer its own site

Quick answers about Remitly

Who invested in Remitly?

Remitly's investors include Techstars, QED Investors, DN Capital, International Finance Corporation and Founders' Co-op, and 23 more on record.

How much has Remitly raised?

Remitly has raised $861M across 9 rounds since 2011.

When did Remitly last raise?

Remitly's most recent round was a Debt of $550M in Jun 2025.

What was Remitly's biggest round?

Its most recent round, $550M in Jun 2025, is also its largest on record.

Who backed Remitly first?

Remitly's first round on record, in Oct 2011, was backed by Techstars, Mark Williamson and Mark Willamson.

What stage is Remitly at?

Remitly's latest named round is a Debt, in Jun 2025.

Where is Remitly based?

Remitly is based in the United States.

Who led Remitly's rounds?

Generation Investment Management led the Series E in 2019.

Companies like Remitly

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

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