# Retrocausal funding: rounds and investors

> Retrocausal has raised $5.3M across 1 round since 2023. Investors include Indicator Ventures, Techstars and 500 Global. Every round with its source.

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

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Retrocausal*

One round we have observed, with the 12 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI

Funding summary Updated 26 Oct 2026

**$5.3M** raised across 1 round since 2023, from 2 sources

- **Latest round:** Venture, $5.3M Nov 2023
- **Led by:** Indicator Ventures
- **Investors:** 12 (1 led)

See who backed them

## The rounds

- **Nov 2023** Venture **$5.3M** [Indicator Ventures](https://millionrounds.com/fund/indicator-ventures) Lead [Techstars](https://millionrounds.com/fund/techstars) [500 Global](https://millionrounds.com/fund/500-startups) [SaaS Ventures](https://millionrounds.com/fund/saas) [One Way Ventures](https://millionrounds.com/fund/one-way-ventures) [Glasswing Ventures](https://millionrounds.com/fund/glasswing-ventures) [Differential Ventures](https://millionrounds.com/fund/differential-ventures) [Stage Venture Partners](https://millionrounds.com/fund/stage-venture-partners) [Argon Ventures](https://millionrounds.com/fund/argon-ventures) [Ascend Vietnam Ventures](https://millionrounds.com/fund/ascend-vietnam-ventures) [Hypertherm Ventures](https://millionrounds.com/fund/hypertherm-ventures) [Incubate Fund US](https://millionrounds.com/fund/incubate-fund-us) Reported by Firms' own news pages and 1 other SEC filing: $5.3M sold, first sale Nov 2023

## Founders and team

From Retrocausal's own website and the SEC filings it signed: 6 on the team.

- **Steve Rodda** Chief Executive Officer
- **Andrey Konin** Chief Architect
- **Jesse Aust** VP of Sales
- **Brandin Watson** Director of Customer Success
- **Elsa Man** Director of Marketing
- **Muhammad Zeeshan Zia** Executive Officer, Director, Promoter i

On the board, as filed i *Baiyin Zeeshan Murphy* *Kleida Zeeshan Martiro* *Quoc-Huy Zeeshan Tran* *Rick Zeeshan Faulk*

## Everyone who backed them

[Indicator Ventures](https://millionrounds.com/fund/indicator-ventures) VC firm **1** round, led 1

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

[500 Global](https://millionrounds.com/fund/500-startups) Angel **1** round

[SaaS Ventures](https://millionrounds.com/fund/saas) VC firm **1** round

[One Way Ventures](https://millionrounds.com/fund/one-way-ventures) VC firm **1** round

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

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

[Stage Venture Partners](https://millionrounds.com/fund/stage-venture-partners) VC firm **1** round

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

[Ascend Vietnam Ventures](https://millionrounds.com/fund/ascend-vietnam-ventures) VC firm **1** round

[Hypertherm Ventures](https://millionrounds.com/fund/hypertherm-ventures) Corporate VC **1** round

[Incubate Fund US](https://millionrounds.com/fund/incubate-fund-us) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=retrocausal).

## Also claim to have backed them

These 2 firms list Retrocausal 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.

[Growth Enjin Partners](https://millionrounds.com/fund/growth-enjin-partners) VC firm Per its own site

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

## Quick answers about Retrocausal

### Who invested in Retrocausal?

Retrocausal's investors include Indicator Ventures, Techstars, 500 Global, SaaS Ventures and One Way Ventures, and 7 more on record. Indicator Ventures led its latest round.

### How much has Retrocausal raised?

Retrocausal has raised $5.3M across 1 round since 2023.

### When did Retrocausal last raise?

Retrocausal's most recent round was a Venture of $5.3M in Nov 2023, led by Indicator Ventures.

### What was Retrocausal's biggest round?

Its most recent round, $5.3M in Nov 2023, is also its largest on record.

### Who backed Retrocausal first?

Retrocausal's first round on record, in Nov 2023, was backed by Indicator Ventures, Techstars and 500 Global and 9 others.

### What stage is Retrocausal at?

Retrocausal's latest named round is a Venture, in Nov 2023.

### Where is Retrocausal based?

Retrocausal is based in the United States.

### Who led Retrocausal's rounds?

Indicator Ventures led the Venture in 2023.

## Companies like Retrocausal

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