# Royalty Exchange funding: rounds and investors

> Royalty Exchange has raised $9.8M across 5 rounds since 2012. Investors include Grotech Ventures and IDEA Fund Partners. Every round with its source.

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

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

# Who invested in *Royalty Exchange*

5 rounds we have observed, with the 2 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.

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Funding summary Updated 31 Oct 2026

**$9.8M** raised across 5 rounds since 2012, from 5 sources

**$100K** Seed **$2.1M** Series A **$675K** Venture **$550K** Venture **$6.4M** Bridge

- **Latest round:** Bridge, $6.4M Jun 2017
- **Step-up i:** 11.6×
- **Investors:** 2

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.

2013 2014 2015 2016 2017

**$100K** Seed

**$2.1M** Series A

**$675K** Venture

**$550K** Venture

**$6.4M** Bridge

- **First round:** Seed, $100K
- **Biggest round:** $6.4M
- **Usual gap between rounds:** 12 months

## The rounds

- **Jun 2017** Bridge **$6.4M** No investor was named in the report. Reported by Digitalmediawire
- **Oct 2014** Venture **$550K** *1 new* [IDEA Fund Partners](https://millionrounds.com/fund/idea-fund-partners) From a historical funding record SEC filing: $1.2M sold, first sale Jul 2014
- **Jul 2014** Venture **$675K** No investor was named in the report. From a historical funding record SEC filing: $675K sold, first sale Jul 2014
- **Jul 2013** Series A **$2.1M** *1 new* [Grotech Ventures](https://millionrounds.com/fund/grotech-ventures) Reported by finsmes.com SEC filing: $2.1M sold, first sale Jun 2013
- **Nov 2012** Seed **$100K** No investor was named in the report. From a historical funding record

## Founders and team

From Royalty Exchange's own website and the SEC filings it signed: 12 on the team.

- **Matthew Tate Smith** Chief Executive Officer i
- **Gary Young** CEO
- **Rachel Choiniere Towner** Chief of Staff
- **DeDe Burns** Head of Operations
- **Levi Hill** Head of Development
- **Peter McNulty** Senior VP, Sales and Valuations
- **Skye Harrison** VP, Sales and Valuations
- **Janice Brake** Accounting Manager
- **Jordan Coffing** Senior Royalty Account Manager
- **Nick Ferrero** Royalty Account Manager
- **Rob Bernhard** Corporate Counsel
- **Ryan Colburn** Senior Royalty Analyst

## 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 **Venture** 2014 **Venture** 2014 **Bridge** 2017 [Grotech Ventures](https://millionrounds.com/fund/grotech-ventures) [IDEA Fund Partners](https://millionrounds.com/fund/idea-fund-partners)

## Everyone who backed them

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

[IDEA Fund Partners](https://millionrounds.com/fund/idea-fund-partners) VC firm **1** round

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

## Quick answers about Royalty Exchange

### Who invested in Royalty Exchange?

Royalty Exchange's investors include Grotech Ventures and IDEA Fund Partners.

### How much has Royalty Exchange raised?

Royalty Exchange has raised $9.8M across 5 rounds since 2012.

### When did Royalty Exchange last raise?

Royalty Exchange's most recent round was a Bridge of $6.4M in Jun 2017.

### What was Royalty Exchange's biggest round?

Its most recent round, $6.4M in Jun 2017, is also its largest on record.

### Who backed Royalty Exchange first?

Royalty Exchange's first round on record, in Jul 2013, was backed by Grotech Ventures.

### What stage is Royalty Exchange at?

Royalty Exchange's latest named round is a Bridge, in Jun 2017.

### Where is Royalty Exchange based?

Royalty Exchange is based in the United States.

## Companies like Royalty Exchange

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

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