# Remitly funding: rounds and investors > Remitly has raised $861M across 9 rounds since 2011. Investors include Techstars, QED Investors and DN Capital. Every round with its source. Source: https://millionrounds.com/company/remitly (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # 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 Services Fintech Funding summary Updated 26 Oct 2026 **$861M** raised across 9 rounds since 2011, from 9 sources **$750K** Seed **$1.6M** Seed **$2.6M** Series A **$5.5M** Series A **$13M** Series B **$38M** Round **$115M** Series D **$135M** Series E **$550M** Debt - **Latest round:** Debt, $550M Jun 2025 - **Step-up i:** 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. 2011 2013 2015 2017 2019 2021 2023 2025 **$750K** Seed **$1.6M** Seed **$5.5M** Series A **$13M** Series B **$38M** Round **$115M** Series D **$135M** Series E **$550M** Debt - **First round:** Seed, $750K - **Biggest round:** $550M - **Usual gap between rounds:** 14 months ## The rounds - **Jun 2025** Debt **$550M** *1 new* *3 returning* [Techstars](https://millionrounds.com/fund/techstars) [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [QED Investors](https://millionrounds.com/fund/qed-investors) [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) Source recorded - **Jul 2019** Series E **$135M** *8 new* *1 returning* [Generation Investment Management](https://millionrounds.com/fund/generation-investment-management) Lead Naspers’ PayU Lead [DN Capital](https://millionrounds.com/fund/dn-capital) [Stripes](https://millionrounds.com/fund/stripes) [Top Tier Capital Partners](https://millionrounds.com/fund/top-tier-capital-partners) [Prudential Financial](https://millionrounds.com/fund/prudential-financial) [Princeville Global](https://millionrounds.com/fund/princeville-global) [Owl Rock Capital](https://millionrounds.com/fund/owl-rock-capital) Schroder & Co Bank AG Reported by TechCrunch SEC filing: $1.3B sold, first sale May 2019 - **Oct 2017** Series D **$115M** *2 new* *1 returning* [DFJ](https://millionrounds.com/fund/dfj) [DN Capital](https://millionrounds.com/fund/dn-capital) PayU/ Stripes Group Reported by FinSMEs SEC filing: $80M sold, first sale Nov 2017 - **Sept 2016** Round **$38M** *2 new* [SVB Capital](https://millionrounds.com/fund/svb-capital) [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) Reported by Seattletimes - **Mar 2015** Series B **$13M** *2 new* *2 returning* [QED Investors](https://millionrounds.com/fund/qed-investors) [DN Capital](https://millionrounds.com/fund/dn-capital) [Draper Fisher Jurvetson (DFJ)](https://millionrounds.com/fund/draper-fisher-jurvetson-dfj) [Trilogy Equity Partners](https://millionrounds.com/fund/trilogy-equity-partners) From a historical funding record SEC filing: $12M sold, first sale Mar 2015 - **Jan 2014** Series A **$5.5M** *2 new* *4 returning* [QED Investors](https://millionrounds.com/fund/qed-investors) [Founders' Co-op](https://millionrounds.com/fund/founders-co-op) [Tomorrow Ventures](https://millionrounds.com/fund/tomorrow-ventures) [Bezos Expeditions](https://millionrounds.com/fund/bezos-expeditions) [SK Ventures](https://millionrounds.com/fund/sk-ventures) [Trilogy Equity Partners](https://millionrounds.com/fund/trilogy-equity-partners) From a historical funding record SEC filing: $3.8M sold, first sale Dec 2013 - **Jan 2013** Series A **$2.6M** *1 returning* [Trilogy Equity Partnership](https://millionrounds.com/fund/trilogy-equity-partnership) Reported by techcrunch.com SEC filing: $2.5M sold, first sale Dec 2012 - **Apr 2012** Seed **$1.6M** *8 new* *1 returning* [Techstars](https://millionrounds.com/fund/techstars) [Founders' Co-op](https://millionrounds.com/fund/founders-co-op) [Tomorrow Ventures](https://millionrounds.com/fund/tomorrow-ventures) [Bezos Expeditions](https://millionrounds.com/fund/bezos-expeditions) [SK Ventures](https://millionrounds.com/fund/sk-ventures) [Geoff Entress](https://millionrounds.com/fund/geoff-entress) [Trilogy Equity Partnership](https://millionrounds.com/fund/trilogy-equity-partnership) [Sujal Patel](https://millionrounds.com/fund/sujal-patel) [Chase Franklin](https://millionrounds.com/fund/chase-franklin) Reported by techcrunch.com - **Oct 2011** Seed **$750K** *3 new* [Techstars](https://millionrounds.com/fund/techstars) [Mark Williamson](https://millionrounds.com/fund/mark-williamson) Mark Willamson Reported by geekwire.com ## Founders and team From the SEC filings it signed: 3 on the team. - **Joshua B Hug** Executive Officer, Director i - **Krishnan B Srinivasan** Executive Officer i - **Matthew B Oppenheimer** Executive Officer, Director i On the board, as filed i *Charles B Stonecipher* *Laurant B le Moal* *Philip B Riese* *Ron B Shah* *William 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. **Seed** 2012 **Series A** 2013 **Series A** 2014 **Series B** 2015 **Round** 2016 **Series D** 2017 **Series E** 2019 **Debt** 2025 [Techstars](https://millionrounds.com/fund/techstars) [QED Investors](https://millionrounds.com/fund/qed-investors) [DN Capital](https://millionrounds.com/fund/dn-capital) [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) [Founders' Co-op](https://millionrounds.com/fund/founders-co-op) [Tomorrow Ventures](https://millionrounds.com/fund/tomorrow-ventures) [Bezos Expeditions](https://millionrounds.com/fund/bezos-expeditions) [SK Ventures](https://millionrounds.com/fund/sk-ventures) [Trilogy Equity Partnership](https://millionrounds.com/fund/trilogy-equity-partnership) [Trilogy Equity Partners](https://millionrounds.com/fund/trilogy-equity-partners) ## Everyone who backed them [Techstars](https://millionrounds.com/fund/techstars) VC firm **3** rounds [QED Investors](https://millionrounds.com/fund/qed-investors) VC firm **3** rounds [DN Capital](https://millionrounds.com/fund/dn-capital) VC firm **3** rounds [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) Government **2** rounds [Founders' Co-op](https://millionrounds.com/fund/founders-co-op) VC firm **2** rounds [Tomorrow Ventures](https://millionrounds.com/fund/tomorrow-ventures) VC firm **2** rounds [Bezos Expeditions](https://millionrounds.com/fund/bezos-expeditions) Family office **2** rounds [SK Ventures](https://millionrounds.com/fund/sk-ventures) VC firm **2** rounds [Trilogy Equity Partnership](https://millionrounds.com/fund/trilogy-equity-partnership) Investment firm **2** rounds [Trilogy Equity Partners](https://millionrounds.com/fund/trilogy-equity-partners) VC firm **2** rounds [Generation Investment Management](https://millionrounds.com/fund/generation-investment-management) Private equity **1** round, led 1 Naspers’ PayU no record of our own yet **1** round, led 1 [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) Private equity **1** round [SVB Capital](https://millionrounds.com/fund/svb-capital) VC firm **1** round [DFJ](https://millionrounds.com/fund/dfj) VC firm **1** round [Draper Fisher Jurvetson (DFJ)](https://millionrounds.com/fund/draper-fisher-jurvetson-dfj) Investment firm **1** round [Stripes](https://millionrounds.com/fund/stripes) Private equity **1** round [Geoff Entress](https://millionrounds.com/fund/geoff-entress) VC firm **1** round [Top Tier Capital Partners](https://millionrounds.com/fund/top-tier-capital-partners) Fund of funds **1** round [Sujal Patel](https://millionrounds.com/fund/sujal-patel) Angel **1** round [Prudential Financial](https://millionrounds.com/fund/prudential-financial) Private equity **1** round [Chase Franklin](https://millionrounds.com/fund/chase-franklin) Angel **1** round [Mark Williamson](https://millionrounds.com/fund/mark-williamson) Angel **1** round [Princeville Global](https://millionrounds.com/fund/princeville-global) VC firm **1** round [Owl Rock Capital](https://millionrounds.com/fund/owl-rock-capital) Private equity **1** round Mark Willamson no record of our own yet **1** round PayU/ Stripes Group no record of our own yet **1** round Schroder & Co Bank AG 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=remitly). ## 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 Partners](https://millionrounds.com/fund/klein-venture-partners) VC firm Per its own site [75 & Sunny](https://millionrounds.com/fund/75-and-sunny) VC firm Per its own site [Startup Weekend](https://millionrounds.com/fund/startup-weekend) VC firm Per its own site [TechStars Energy](https://millionrounds.com/fund/techstars-energy) Accelerator Per its own site [Techstars Alabama Power EnergyTech Accelerator](https://millionrounds.com/fund/techstars-alabama-power-energytech-accelerator) Accelerator Per its own site [Techstars Berlin](https://millionrounds.com/fund/techstars-berlin) Accelerator Per its own site [Techstars Music Accelerator](https://millionrounds.com/fund/techstars-music-accelerator) Accelerator Per its own site [Techstars Toronto Accelerator](https://millionrounds.com/fund/techstars-toronto-accelerator) Accelerator Per its own site [The Riyadh Techstars Accelerator](https://millionrounds.com/fund/techstars-riyadh-accelerator) Accelerator Per 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. [**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos) ## 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