# Sandstone funding: rounds and investors

> Sandstone has raised $80M across 3 rounds since 2026. Investors include SV Angel, Operator Partners and MANTIS Venture Capital. Every round with its source.

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

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

# Who invested in *Sandstone*

3 rounds we have observed, with the 8 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.

AI Biotech Healthcare Legaltech

Raised 5 months ago

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Funding summary Updated 5 Nov 2026

**$80M** raised across 3 rounds since 2026, from 3 sources

**$10M** Seed **$40M** Round **$30M** Series A

- **Latest round:** Series A, $30M Jun 2026
- **Led by:** Lightspeed Venture Partners
- **Biggest round:** $40M Round · May 2026
- **Investors:** 8 (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.

2026 2027

**$10M** Seed

**$40M** Round

**$30M** Series A

- **First round:** Seed, $10M
- **Biggest round:** $40M
- **Between rounds:** 4 months

## The rounds

- **Jun 2026** Series A **$30M** *4 new* *3 returning* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) Lead [SV Angel](https://millionrounds.com/fund/sv-angel) [Operator Partners](https://millionrounds.com/fund/operator-partners) [MANTIS Venture Capital](https://millionrounds.com/fund/mantis-venture-capital) [Kearny Jackson](https://millionrounds.com/fund/kearny-jackson) [Litquidity Ventures](https://millionrounds.com/fund/litquidity-ventures) [Daybreak Ventures](https://millionrounds.com/fund/daybreak-ventures) Reported by TechCrunch SEC filing: $15M sold
- **May 2026** Round **$40M** No investor was named in the report. Reported by AlleyWatch SEC filing: $15M sold
- **Jan 2026** Seed **$10M** *4 new* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [SV Angel](https://millionrounds.com/fund/sv-angel) [Operator Partners](https://millionrounds.com/fund/operator-partners) [MANTIS Venture Capital](https://millionrounds.com/fund/mantis-venture-capital) Source recorded

## Founders and team

From Sandstone's own website: 1 founder, 10 on the team.

**Frederic Kerrest** CEO & Co-Founder at Okta

- **Kevin Keller** General Counsel at Neurophos, CEO at Tucuxi
- **Zach Abramowitz** CEO at Killer Whale Strategies
- **Andy Dale** General Counsel & Chief Privacy Officer at OpenAP
- **Ilona Logvinova** Chief AI Officer at HSF Kramer
- **Jeff Caso** Head of Cybersecurity Practice at McKinsey
- **Robert Graham** Head of Legal at Fal
- **Achillies Perry** General Counsel at CIBC Capital Markets
- **Alexandra Sepulveda** Associate General Counsel at Sourcegraph
- **Erick Rabin** General Counsel at Bilt Rewards
- **Lily Schurra** Associate General Counsel at Sourcegraph

## 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** 2026 **Round** 2026 **Series A** 2026 [SV Angel](https://millionrounds.com/fund/sv-angel) [Operator Partners](https://millionrounds.com/fund/operator-partners) [MANTIS Venture Capital](https://millionrounds.com/fund/mantis-venture-capital) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) L [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Kearny Jackson](https://millionrounds.com/fund/kearny-jackson) [Litquidity Ventures](https://millionrounds.com/fund/litquidity-ventures) [Daybreak Ventures](https://millionrounds.com/fund/daybreak-ventures)

## Everyone who backed them

[SV Angel](https://millionrounds.com/fund/sv-angel) VC firm **2** rounds

[Operator Partners](https://millionrounds.com/fund/operator-partners) VC firm **2** rounds

[MANTIS Venture Capital](https://millionrounds.com/fund/mantis-venture-capital) VC firm **2** rounds

[Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **1** round, led 1

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **1** round

[Kearny Jackson](https://millionrounds.com/fund/kearny-jackson) VC firm **1** round

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

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

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

## Also claim to have backed them

This firm lists Sandstone 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.

[Webb Investment Network](https://millionrounds.com/fund/webb-investment-network) Family office Per its own site

## Quick answers about Sandstone

### Who invested in Sandstone?

Sandstone's investors include SV Angel, Operator Partners, MANTIS Venture Capital, Lightspeed Venture Partners and Sequoia Capital, and 3 more on record. Lightspeed Venture Partners led its latest round.

### How much has Sandstone raised?

Sandstone has raised $80M across 3 rounds since 2026.

### When did Sandstone last raise?

Sandstone's most recent round was a Series A of $30M in Jun 2026, led by Lightspeed Venture Partners.

### What was Sandstone's biggest round?

Sandstone's largest round on record is $40M, in May 2026.

### Who backed Sandstone first?

Sandstone's first round on record, in Jan 2026, was backed by Sequoia Capital, SV Angel and Operator Partners and 1 others.

### What stage is Sandstone at?

Sandstone's latest named round is a Series A, in Jun 2026.

### Where is Sandstone based?

Sandstone is based in the United States.

### Who led Sandstone's rounds?

Lightspeed Venture Partners led the Series A in 2026.

## Companies like Sandstone

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

[**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**Trajectory** $101M · Nov 2026](https://millionrounds.com/company/trajectory)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava)

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