# Roostify funding: rounds and investors

> Roostify has raised $58M across 3 rounds since 2015. Investors include Cota Capital, JP Morgan Chase and USAA. Every round with its source.

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

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

# Who invested in *Roostify*

3 rounds we have observed, with the 10 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

**$58M** raised across 3 rounds since 2015, from 3 sources

**$500K** Series A **$25M** Series B **$32M** Series C

- **Latest round:** Series C, $32M Jan 2021
- **Step-up i:** 1.3×
- **Investors:** 10

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.

2016 2017 2018 2019 2020 2021

**$500K** Series A

**$25M** Series B

**$32M** Series C

- **First round:** Series A, $500K
- **Biggest round:** $32M
- **Usual gap between rounds:** 2.9 years

## The rounds

- **Jan 2021** Series C **$32M** *2 new* *2 returning* [JP Morgan](https://millionrounds.com/fund/jpmorgan) [Cota Capital](https://millionrounds.com/fund/cota-capital) [Point72 Ventures](https://millionrounds.com/fund/point72-ventures) [JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase) Source recorded
- **Feb 2018** Series B **$25M** *5 new* *1 returning* [Cota Capital](https://millionrounds.com/fund/cota-capital) [JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase) [USAA](https://millionrounds.com/fund/usaa) [Point72](https://millionrounds.com/fund/point72) [Santander InnoVentures](https://millionrounds.com/fund/santander-innoventures) [Colchis](https://millionrounds.com/fund/colchis) Reported by FinSMEs SEC filing: $25M sold, first sale Nov 2017
- **Oct 2015** Series A **$500K** *3 new* [USAA](https://millionrounds.com/fund/usaa) Colchis Capital Management Tier 1 banks From a historical funding record SEC filing: $4.7M sold, first sale Jul 2015

## Founders and team

From the SEC filings it signed: 4 on the team.

- **Frank Gelbart** Executive Officer i
- **Iyad Darcazallie** Executive Officer i
- **Rajesh Bhat** Executive Officer, Director i
- **Sandeep Aji** Executive Officer i

On the board, as filed i *Bobby Yazdani* *Harry Cheung* *Michael Smith*

## 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.

**Series A** 2015 **Series B** 2018 **Series C** 2021 [Cota Capital](https://millionrounds.com/fund/cota-capital) [JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase) [USAA](https://millionrounds.com/fund/usaa) [JP Morgan](https://millionrounds.com/fund/jpmorgan) [Point72 Ventures](https://millionrounds.com/fund/point72-ventures) [Point72](https://millionrounds.com/fund/point72) [Santander InnoVentures](https://millionrounds.com/fund/santander-innoventures) [Colchis](https://millionrounds.com/fund/colchis) Colchis Capital Management Tier 1 banks

## Everyone who backed them

[Cota Capital](https://millionrounds.com/fund/cota-capital) VC firm **2** rounds

[JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase) Corporate VC **2** rounds

[USAA](https://millionrounds.com/fund/usaa) Corporate VC **2** rounds

[JP Morgan](https://millionrounds.com/fund/jpmorgan) Investment bank **1** round

[Point72 Ventures](https://millionrounds.com/fund/point72-ventures) VC firm **1** round

[Point72](https://millionrounds.com/fund/point72) Hedge fund **1** round

[Santander InnoVentures](https://millionrounds.com/fund/santander-innoventures) Growth equity **1** round

[Colchis](https://millionrounds.com/fund/colchis) Hedge fund **1** round

Colchis Capital Management no record of our own yet **1** round

Tier 1 banks 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=roostify).

## Also claim to have backed them

This firm lists Roostify 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.

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

## Quick answers about Roostify

### Who invested in Roostify?

Roostify's investors include Cota Capital, JP Morgan Chase, USAA, JP Morgan and Point72 Ventures, and 5 more on record.

### How much has Roostify raised?

Roostify has raised $58M across 3 rounds since 2015.

### When did Roostify last raise?

Roostify's most recent round was a Series C of $32M in Jan 2021.

### What was Roostify's biggest round?

Its most recent round, $32M in Jan 2021, is also its largest on record.

### Who backed Roostify first?

Roostify's first round on record, in Oct 2015, was backed by USAA, Colchis Capital Management and Tier 1 banks.

### What stage is Roostify at?

Roostify's latest named round is a Series C, in Jan 2021.

### Where is Roostify based?

Roostify is based in the United States.

## Companies like Roostify

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)

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