# Sandbar funding: rounds and investors

> Sandbar has raised $28M across 2 rounds since 2023. Investors include Adjacent, BoxGroup and True Ventures. Every round with its source.

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

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

# Who invested in *Sandbar*

2 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.

Regtech Wearables

Raised 8 months ago

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Funding summary Updated 5 Nov 2026

**$28M** raised across 2 rounds since 2023, from 4 sources

**$4.8M** Seed **$23M** Series A

- **Latest round:** Series A, $23M Mar 2026
- **Led by:** Adjacent
- **Step-up i:** 4.8×
- **Investors:** 10 (1 led)

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 2024 2025 2026

**$4.8M** Seed

**$23M** Series A

- **First round:** Seed, $4.8M
- **Biggest round:** $23M
- **Between rounds:** 3.2 years

## The rounds

- **Mar 2026** Series A **$23M** *6 new* [Adjacent](https://millionrounds.com/fund/adjacent) Lead [True Ventures](https://millionrounds.com/fund/true-ventures-2) [Upfront Ventures](https://millionrounds.com/fund/upfront-ventures) [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) [Betaworks](https://millionrounds.com/fund/betaworks) [Kindred Ventures](https://millionrounds.com/fund/kindred-ventures) Reported by TechCrunch and 2 others
- **Jan 2023** Seed **$4.8M** *4 new* [BoxGroup](https://millionrounds.com/fund/boxgroup) [Abstract Ventures](https://millionrounds.com/fund/abstract) [NextView Ventures](https://millionrounds.com/fund/nextview-ventures) [Lachy Groom](https://millionrounds.com/fund/lachy-groom) Source recorded

## 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** 2023 **Series A** 2026 [Adjacent](https://millionrounds.com/fund/adjacent) L [BoxGroup](https://millionrounds.com/fund/boxgroup) [True Ventures](https://millionrounds.com/fund/true-ventures-2) [Upfront Ventures](https://millionrounds.com/fund/upfront-ventures) [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) [Abstract Ventures](https://millionrounds.com/fund/abstract) [Betaworks](https://millionrounds.com/fund/betaworks) [NextView Ventures](https://millionrounds.com/fund/nextview-ventures) [Kindred Ventures](https://millionrounds.com/fund/kindred-ventures) [Lachy Groom](https://millionrounds.com/fund/lachy-groom)

## Everyone who backed them

[Adjacent](https://millionrounds.com/fund/adjacent) VC firm **1** round, led 1

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

[True Ventures](https://millionrounds.com/fund/true-ventures-2) VC firm **1** round

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

[Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) VC firm **1** round

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

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

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

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

[Lachy Groom](https://millionrounds.com/fund/lachy-groom) Angel **1** round

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

## Quick answers about Sandbar

### Who invested in Sandbar?

Sandbar's investors include Adjacent, BoxGroup, True Ventures, Upfront Ventures and Collaborative Fund, and 5 more on record. Adjacent led its latest round.

### How much has Sandbar raised?

Sandbar has raised $28M across 2 rounds since 2023.

### When did Sandbar last raise?

Sandbar's most recent round was a Series A of $23M in Mar 2026, led by Adjacent.

### What was Sandbar's biggest round?

Its most recent round, $23M in Mar 2026, is also its largest on record.

### Who backed Sandbar first?

Sandbar's first round on record, in Jan 2023, was backed by BoxGroup, Abstract Ventures and NextView Ventures and 1 others.

### What stage is Sandbar at?

Sandbar's latest named round is a Series A, in Mar 2026.

### Where is Sandbar based?

Sandbar is based in the United States.

### Who led Sandbar's rounds?

Adjacent led the Series A in 2026.

## Companies like Sandbar

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

[**Predicate** $16M · Oct 2026](https://millionrounds.com/company/predicate)[**MURAL** $67M · Oct 2026](https://millionrounds.com/company/mural)[**HapWare** $1.8M · Oct 2026](https://millionrounds.com/company/hapware)[**Brellium** $40M · Oct 2026](https://millionrounds.com/company/brellium)[**Persona** $210M · Oct 2026](https://millionrounds.com/company/persona)[**Marble** $64M · Sept 2026](https://millionrounds.com/company/marble)

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