# ScaleFactor funding: rounds and investors > ScaleFactor has raised $103M across 4 rounds since 2017. Investors include Firebrand Ventures, Next Coast Ventures and Flyover. Every round with its source. Source: https://millionrounds.com/company/scalefactor (Millionrounds; every figure on the page links to its filing or article) United States · [Series C startup](https://millionrounds.com/companies) # Who invested in *ScaleFactor* 4 rounds we have observed, with the 17 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. Fintech Funding summary Updated 26 Oct 2026 **$103M** raised across 4 rounds since 2017, from 4 sources **$2.5M** Seed **$10M** Series A **$30M** Series B **$60M** Series C - **Latest round:** Series C, $60M Aug 2019 - **Led by:** Coatue - **Step-up i:** 2× - **Investors:** 17 (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. 2018 2019 **$2.5M** Seed **$10M** Series A **$30M** Series B **$60M** Series C - **First round:** Seed, $2.5M - **Biggest round:** $60M - **Usual gap between rounds:** 7 months ## The rounds - **Aug 2019** Series C **$60M** *7 new* *1 returning* [Coatue](https://millionrounds.com/fund/coatue-management) Lead [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [Canaan](https://millionrounds.com/fund/canaan-partners) [Stripes](https://millionrounds.com/fund/stripes) [Vulcan](https://millionrounds.com/fund/vulcan) [Firebrand Ventures](https://millionrounds.com/fund/firebrand-ventures) [Broadhaven Ventures](https://millionrounds.com/fund/broadhaven-ventures) [Next Play Capital](https://millionrounds.com/fund/next-play-capital) Reported by FinSMEs SEC filing: $58M sold, first sale Jul 2019 - **Jan 2019** Series B **$30M** *2 new* *1 returning* [Firebrand Ventures](https://millionrounds.com/fund/firebrand-ventures) Bessemer Venture Partners/ Canaan Broadhaven Reported by FinSMEs SEC filing: $29M sold, first sale Dec 2018 - **Jul 2018** Series A **$10M** *2 new* *3 returning* [Citibank](https://millionrounds.com/fund/citi) [Next Coast Ventures](https://millionrounds.com/fund/next-coast-ventures) [Firebrand Ventures](https://millionrounds.com/fund/firebrand-ventures) Canaan Partners/ Broadhaven Flyover Reported by FinSMEs SEC filing: $13M sold, first sale Jun 2018 - **Nov 2017** Seed **$2.5M** *6 new* [Techstars](https://millionrounds.com/fund/techstars) [Matchstick Ventures](https://millionrounds.com/fund/matchstick-ventures) [Next Coast Ventures](https://millionrounds.com/fund/next-coast-ventures) [Firebrand Ventures](https://millionrounds.com/fund/firebrand-ventures) Edison Factory Flyover Reported by FinSMEs ## Founders and team From the SEC filings it signed: 3 on the team. - **David Loia** Executive Officer i - **Gary Forni** Executive Officer i - **Kurt Rathmann** Executive Officer, Director i On the board, as filed i *Byron Deeter* *Michael Gilroy* *Thomas Laffont* ## 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** 2017 **Series A** 2018 **Series B** 2019 **Series C** 2019 [Firebrand Ventures](https://millionrounds.com/fund/firebrand-ventures) [Next Coast Ventures](https://millionrounds.com/fund/next-coast-ventures) Flyover [Coatue](https://millionrounds.com/fund/coatue-management) L [Techstars](https://millionrounds.com/fund/techstars) [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [Canaan](https://millionrounds.com/fund/canaan-partners) [Citibank](https://millionrounds.com/fund/citi) [Matchstick Ventures](https://millionrounds.com/fund/matchstick-ventures) [Stripes](https://millionrounds.com/fund/stripes) ## Everyone who backed them [Firebrand Ventures](https://millionrounds.com/fund/firebrand-ventures) VC firm **4** rounds [Next Coast Ventures](https://millionrounds.com/fund/next-coast-ventures) VC firm **2** rounds Flyover no record of our own yet **2** rounds [Coatue](https://millionrounds.com/fund/coatue-management) VC firm **1** round, led 1 [Techstars](https://millionrounds.com/fund/techstars) VC firm **1** round [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) VC firm **1** round [Canaan](https://millionrounds.com/fund/canaan-partners) VC firm **1** round [Citibank](https://millionrounds.com/fund/citi) Growth equity **1** round [Matchstick Ventures](https://millionrounds.com/fund/matchstick-ventures) VC firm **1** round [Stripes](https://millionrounds.com/fund/stripes) Private equity **1** round [Vulcan](https://millionrounds.com/fund/vulcan) Investment firm **1** round [Broadhaven Ventures](https://millionrounds.com/fund/broadhaven-ventures) VC firm **1** round [Next Play Capital](https://millionrounds.com/fund/next-play-capital) Fund of funds **1** round Bessemer Venture Partners/ Canaan no record of our own yet **1** round Broadhaven no record of our own yet **1** round Canaan Partners/ Broadhaven no record of our own yet **1** round Edison Factory 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=scalefactor). ## Also claim to have backed them This firm lists ScaleFactor 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. [Confluence Capital](https://millionrounds.com/fund/confluence-capital) Hedge fund Per its own site ## Quick answers about ScaleFactor ### Who invested in ScaleFactor? ScaleFactor's investors include Firebrand Ventures, Next Coast Ventures, Flyover, Coatue and Techstars, and 12 more on record. Coatue led its latest round. ### How much has ScaleFactor raised? ScaleFactor has raised $103M across 4 rounds since 2017. ### When did ScaleFactor last raise? ScaleFactor's most recent round was a Series C of $60M in Aug 2019, led by Coatue. ### What was ScaleFactor's biggest round? Its most recent round, $60M in Aug 2019, is also its largest on record. ### Who backed ScaleFactor first? ScaleFactor's first round on record, in Nov 2017, was backed by Techstars, Matchstick Ventures and Next Coast Ventures and 3 others. ### What stage is ScaleFactor at? ScaleFactor's latest named round is a Series C, in Aug 2019. ### Where is ScaleFactor based? ScaleFactor is based in the United States. ### Who led ScaleFactor's rounds? Coatue led the Series C in 2019. ## Companies like ScaleFactor 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)[**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)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app