# Scotch funding: rounds and investors > Scotch has raised $30M across 2 rounds since 2025. Investors include First Round Capital, Lerer Hippeau and VMG Partners. Every round with its source. Source: https://millionrounds.com/company/scotch (Millionrounds; every figure on the page links to its filing or article) United States · [Series A startup](https://millionrounds.com/companies) # Who invested in *Scotch* 2 rounds we have observed, with the 4 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 Fintech Retail Robotics Raised 5 months ago Follow Scotch and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fscotch) Funding summary Updated 5 Nov 2026 **$30M** raised across 2 rounds since 2025, from 2 sources **$10M** Seed **$20M** Series A - **Latest round:** Series A, $20M Jun 2026 - **Led by:** VMG Partners - **Step-up i:** 2× - **Investors:** 4 (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 **$10M** Seed **$20M** Series A - **First round:** Seed, $10M - **Biggest round:** $20M - **Between rounds:** 8 months ## The rounds - **Jun 2026** Series A **$20M** *2 new* *2 returning* [VMG Partners](https://millionrounds.com/fund/vmg-partners) Lead [First Round Capital](https://millionrounds.com/fund/first-round-capital) [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) [Toba Capital](https://millionrounds.com/fund/toba-capital) Reported by Crunchbase News - **Oct 2025** Seed **$10M** *2 new* [First Round Capital](https://millionrounds.com/fund/first-round-capital) [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) 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** 2025 **Series A** 2026 [First Round Capital](https://millionrounds.com/fund/first-round-capital) [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) [VMG Partners](https://millionrounds.com/fund/vmg-partners) L [Toba Capital](https://millionrounds.com/fund/toba-capital) ## Everyone who backed them [First Round Capital](https://millionrounds.com/fund/first-round-capital) VC firm **2** rounds [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) VC firm **2** rounds [VMG Partners](https://millionrounds.com/fund/vmg-partners) VC firm **1** round, led 1 [Toba Capital](https://millionrounds.com/fund/toba-capital) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=scotch). ## Also claim to have backed them This firm lists Scotch 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. [Watchfire Ventures](https://millionrounds.com/fund/watchfire-ventures) VC firm Per its own site ## Quick answers about Scotch ### Who invested in Scotch? Scotch's investors include First Round Capital, Lerer Hippeau, VMG Partners and Toba Capital. VMG Partners led its latest round. ### How much has Scotch raised? Scotch has raised $30M across 2 rounds since 2025. ### When did Scotch last raise? Scotch's most recent round was a Series A of $20M in Jun 2026, led by VMG Partners. ### What was Scotch's biggest round? Its most recent round, $20M in Jun 2026, is also its largest on record. ### Who backed Scotch first? Scotch's first round on record, in Oct 2025, was backed by First Round Capital and Lerer Hippeau. ### What stage is Scotch at? Scotch's latest named round is a Series A, in Jun 2026. ### Where is Scotch based? Scotch is based in the United States. ### Who led Scotch's rounds? VMG Partners led the Series A in 2026. ## Companies like Scotch In the same sector, and raised in the last eighteen months. [**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**e2e** $8.0M · Nov 2026](https://millionrounds.com/company/e2e)[**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute) ## 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