# Rialto Markets funding: rounds and investors

> Rialto Markets has raised $40K across 2 rounds since 2022. Investors include MassChallenge. Every round with its source.

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

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

# Who invested in *Rialto Markets*

2 rounds we have observed, with the one investor 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.

Professional Services

Funding summary Updated 26 Oct 2026

**$40K** raised across 2 rounds since 2022, from 2 sources

- **Latest round:** Crowdfunding, $40K Sept 2023
- **Investors:** 1

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.

2023

**?** Venture

**$40K** Crowdfunding

- **First round:** Venture
- **Biggest round:** $40K
- **Between rounds:** 16 months

## The rounds

- **Sept 2023** Crowdfunding **$40K** *1 returning* [MassChallenge](https://millionrounds.com/fund/masschallenge) Source recorded
- **May 2022** Venture **Amount undisclosed** *1 new* [MassChallenge](https://millionrounds.com/fund/masschallenge) Source recorded

## Funding filed with regulators

Rialto Markets filed 2 raises, $257K in all. Filings say how much was sold and to how many investors; they never name the investors.

- Sept 2023 **$94K** other of $454K offered Crowdfunding
- Jul 2022 **$163K** other of $5.0M offered Crowdfunding

## Founders and team

From Rialto Markets's own website: 2 founders, 6 on the team.

**Shari Noonan** CEO & Co-Founder

**Rob Noonan** CMO & Co-Founder

- **Lee E. Saba** CTO & Head of Market Structure
- **Liz Inal** Chief Of Staff
- **Ryan Simmons** Chief Operating Officer
- **Joel Steinmetz** Head of Business Development
- **Shawn Dunphy** Director of Administration
- **Yerine Lee** Director Of Operations

## Everyone who backed them

[MassChallenge](https://millionrounds.com/fund/masschallenge) Accelerator **2** rounds

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

## Quick answers about Rialto Markets

### Who invested in Rialto Markets?

Rialto Markets's investors include MassChallenge.

### How much has Rialto Markets raised?

Rialto Markets has raised $40K across 2 rounds since 2022. One round did not disclose an amount, so the total is a floor.

### When did Rialto Markets last raise?

Rialto Markets's most recent round was a Crowdfunding of $40K in Sept 2023.

### What was Rialto Markets's biggest round?

Its most recent round, $40K in Sept 2023, is also its largest on record.

### Who backed Rialto Markets first?

Rialto Markets's first round on record, in May 2022, was backed by MassChallenge.

### What stage is Rialto Markets at?

Rialto Markets's latest named round is a Crowdfunding, in Sept 2023.

### Where is Rialto Markets based?

Rialto Markets is based in the United States.

## Companies like Rialto Markets

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

[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)[**Qualitate** $32M · Oct 2026](https://millionrounds.com/company/qualitate)[**Platform Accounting Group** $355M · Oct 2026](https://millionrounds.com/company/platform-accounting-group)[**Remitian** $27M · Oct 2026](https://millionrounds.com/company/remitian)[**Fortastra** $38M · Oct 2026](https://millionrounds.com/company/fortastra)[**Confido** $82M · Sept 2026](https://millionrounds.com/company/confido)

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