# Sardine funding: rounds and investors

> Sardine has raised $95M across 2 rounds since 2025. Investors include Andreessen Horowitz, Z Venture Capital and SE Ventures. Every round with its source.

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

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

# Who invested in *Sardine*

2 rounds we have observed, with the 16 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 Cybersecurity Fintech

Raised 6 months ago

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Funding summary Updated 5 Nov 2026

**$95M** raised across 2 rounds since 2025, from 2 sources

**$70M** Series C **$25M** Series C

- **Latest round:** Series C, $25M May 2026
- **Biggest round:** $70M Series C · Feb 2025
- **Investors:** 16 (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

**$70M** Series C

**$25M** Series C

- **First round:** Series C, $70M
- **Biggest round:** $70M
- **Between rounds:** 15 months

## The rounds

- **May 2026** Series C **$25M** *2 new* *5 returning* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Coinbase Ventures](https://millionrounds.com/fund/coinbase) [Village Global](https://millionrounds.com/fund/village-global-2) [Z Venture Capital](https://millionrounds.com/fund/z-venture-capital) [SE Ventures](https://millionrounds.com/fund/se-ventures) [XYZ Venture Capital](https://millionrounds.com/fund/xyz-venture-capital) [ConsenSys](https://millionrounds.com/fund/consensys) Source recorded
- **Feb 2025** Series C **$70M** *14 new* [Activant Capital](https://millionrounds.com/fund/activant-capital) Lead [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Google Ventures](https://millionrounds.com/fund/gv) [Z Venture Capital](https://millionrounds.com/fund/z-venture-capital) [Nyca Partners](https://millionrounds.com/fund/nyca-partners) [SE Ventures](https://millionrounds.com/fund/se-ventures) [XYZ Venture Capital](https://millionrounds.com/fund/xyz-venture-capital) [ConsenSys](https://millionrounds.com/fund/consensys) [National Bank of Canada](https://millionrounds.com/fund/national-bank-of-canada) [Geodesic Capital](https://millionrounds.com/fund/geodesic-capital) [Cross Creek Capital](https://millionrounds.com/fund/cross-creek-capital) [Coinbase](https://millionrounds.com/fund/coinbase-ventures) [Experian Ventures](https://millionrounds.com/fund/experian-ventures) [Moody's Analytics](https://millionrounds.com/fund/moody-s-analytics) Reported by Crunchbase News

## 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 C** 2025 **Series C** 2026 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Z Venture Capital](https://millionrounds.com/fund/z-venture-capital) [SE Ventures](https://millionrounds.com/fund/se-ventures) [XYZ Venture Capital](https://millionrounds.com/fund/xyz-venture-capital) [ConsenSys](https://millionrounds.com/fund/consensys) [Activant Capital](https://millionrounds.com/fund/activant-capital) L [Google Ventures](https://millionrounds.com/fund/gv) [Coinbase Ventures](https://millionrounds.com/fund/coinbase) [Village Global](https://millionrounds.com/fund/village-global-2) [Nyca Partners](https://millionrounds.com/fund/nyca-partners)

## Everyone who backed them

[Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **2** rounds

[Z Venture Capital](https://millionrounds.com/fund/z-venture-capital) Corporate VC **2** rounds

[SE Ventures](https://millionrounds.com/fund/se-ventures) Corporate VC **2** rounds

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

[ConsenSys](https://millionrounds.com/fund/consensys) VC firm **2** rounds

[Activant Capital](https://millionrounds.com/fund/activant-capital) VC firm **1** round, led 1

[Google Ventures](https://millionrounds.com/fund/gv) Corporate VC **1** round

[Coinbase Ventures](https://millionrounds.com/fund/coinbase) Corporate VC **1** round

[Village Global](https://millionrounds.com/fund/village-global-2) VC firm **1** round

[Nyca Partners](https://millionrounds.com/fund/nyca-partners) VC firm **1** round

[National Bank of Canada](https://millionrounds.com/fund/national-bank-of-canada) Private equity **1** round

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

[Cross Creek Capital](https://millionrounds.com/fund/cross-creek-capital) VC firm **1** round

[Coinbase](https://millionrounds.com/fund/coinbase-ventures) Corporate VC **1** round

[Experian Ventures](https://millionrounds.com/fund/experian-ventures) Corporate VC **1** round

[Moody's Analytics](https://millionrounds.com/fund/moody-s-analytics) Growth equity **1** round

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

## Also claim to have backed them

These 9 firms list Sardine as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Digital Currency Group](https://millionrounds.com/fund/digital-currency-group) VC firm Per its own site

[Cross Creek](https://millionrounds.com/fund/cross-creek) VC firm Per its own site

[Evolution VC](https://millionrounds.com/fund/evolution-vc) VC firm Per its own site

[11.2 Capital](https://millionrounds.com/fund/11-2-capital) VC firm Per its own site

[Factorial Funds](https://millionrounds.com/fund/factorial-funds) VC firm Per its own site

[Expansion Capital](https://millionrounds.com/fund/expansion-capital) Angel network Per its own site

[Helios Investment Partners](https://millionrounds.com/fund/helios-investment-partners) Private equity Per its own site

[Alloy Alchemist Fund](https://millionrounds.com/fund/alloy-alchemist-fund) VC firm Per its own site

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

## Quick answers about Sardine

### Who invested in Sardine?

Sardine's investors include Andreessen Horowitz, Z Venture Capital, SE Ventures, XYZ Venture Capital and ConsenSys, and 11 more on record.

### How much has Sardine raised?

Sardine has raised $95M across 2 rounds since 2025.

### When did Sardine last raise?

Sardine's most recent round was a Series C of $25M in May 2026.

### What was Sardine's biggest round?

Sardine's largest round on record is $70M (Series C), in Feb 2025, led by Activant Capital.

### Who backed Sardine first?

Sardine's first round on record, in Feb 2025, was backed by Activant Capital, Andreessen Horowitz and Google Ventures and 11 others.

### What stage is Sardine at?

Sardine's latest named round is a Series C, in May 2026.

### Where is Sardine based?

Sardine is based in the United States.

### Who led Sardine's rounds?

Activant Capital led the Series C in 2025.

## Companies like Sardine

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

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