# Rigado funding: rounds and investors

> Rigado has raised $22M across 3 rounds since 2017. Investors include Oregon Venture Fund, Madrona Venture Group and Cascade Seed Fund.

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

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

# Who invested in *Rigado*

3 rounds we have observed, with the 7 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.

Logistics

Funding summary Updated 26 Oct 2026

**$22M** raised across 3 rounds since 2017, from 3 sources

**$3.3M** Seed **$15M** Series A **$3.7M** Venture

- **Latest round:** Venture, $3.7M Aug 2022
- **Biggest round:** $15M Series A · Jun 2018
- **Investors:** 7

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.

2018 2019 2020 2021 2022

**$3.3M** Seed

**$15M** Series A

**$3.7M** Venture

- **First round:** Seed, $3.3M
- **Biggest round:** $15M
- **Usual gap between rounds:** 4.1 years

## The rounds

- **Aug 2022** Venture **$3.7M** *2 new* *1 returning* [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Oregon Venture Fund](https://millionrounds.com/fund/oregon-venture-fund) [Cascade Seed Fund](https://millionrounds.com/fund/cascade-seed-fund) Source recorded SEC filing: $3.7M sold, first sale Aug 2022
- **Jun 2018** Series A **$15M** *4 new* [Oregon Venture Fund](https://millionrounds.com/fund/oregon-venture-fund) [Rogue Venture Partners](https://millionrounds.com/fund/rogue-venture-partners) [FusionX Ventures](https://millionrounds.com/fund/fusionx-ventures) Madrona Venture Group/ Vanedge Reported by FinSMEs SEC filing: $15M sold, first sale Jun 2018
- **Jun 2017** Seed **$3.3M** *1 new* Oregon Angel Fund/ Rogue Reported by FinSMEs SEC filing: $3.3M sold, first sale May 2017

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Brad McMahon** CEO and President i
- **Justin Rigling** CTO i

On the board, as filed i *Kenneth Hood*

## 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** 2017 **Series A** 2018 **Venture** 2022 [Oregon Venture Fund](https://millionrounds.com/fund/oregon-venture-fund) [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Cascade Seed Fund](https://millionrounds.com/fund/cascade-seed-fund) [Rogue Venture Partners](https://millionrounds.com/fund/rogue-venture-partners) [FusionX Ventures](https://millionrounds.com/fund/fusionx-ventures) Madrona Venture Group/ Vanedge Oregon Angel Fund/ Rogue

## Everyone who backed them

[Oregon Venture Fund](https://millionrounds.com/fund/oregon-venture-fund) VC firm **2** rounds

[Madrona Venture Group](https://millionrounds.com/fund/madrona) VC firm **1** round

[Cascade Seed Fund](https://millionrounds.com/fund/cascade-seed-fund) VC firm **1** round

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

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

Madrona Venture Group/ Vanedge no record of our own yet **1** round

Oregon Angel Fund/ Rogue 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=rigado).

## Also claim to have backed them

This firm lists Rigado as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Vanedge Capital](https://millionrounds.com/fund/vanedge-capital) VC firm Per its own site

## Quick answers about Rigado

### Who invested in Rigado?

Rigado's investors include Oregon Venture Fund, Madrona Venture Group, Cascade Seed Fund, Rogue Venture Partners and FusionX Ventures, and 2 more on record.

### How much has Rigado raised?

Rigado has raised $22M across 3 rounds since 2017.

### When did Rigado last raise?

Rigado's most recent round was a Venture of $3.7M in Aug 2022.

### What was Rigado's biggest round?

Rigado's largest round on record is $15M (Series A), in Jun 2018.

### Who backed Rigado first?

Rigado's first round on record, in Jun 2017, was backed by Oregon Angel Fund/ Rogue.

### What stage is Rigado at?

Rigado's latest named round is a Venture, in Aug 2022.

### Where is Rigado based?

Rigado is based in the United States.

## Companies like Rigado

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

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**DashFuel** Oct 2026](https://millionrounds.com/company/dashfuel)[**Truck Parking Club** Oct 2026](https://millionrounds.com/company/truck-parking-club)[**Applied Intuition** $640M · Oct 2026](https://millionrounds.com/company/applied-intuition)[**Stord** $782M · Oct 2026](https://millionrounds.com/company/stord)

## Find investors like these

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