United States · Series D startup

Who invested in SendGrid

6 rounds we have observed, with the 12 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.

IT ServicesEnterprise Software

Funding summaryUpdated 26 Oct 2026

$80Mraised across 6 rounds since 2009, from 6 sources

$12KSeed$750KSeries A$5.0MSeries A$22MSeries B$20MSeries C$33MSeries D
Latest round
Series D, $33MNov 2016
Step-upi
1.6×
Investors
12
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.

2010201120122013201420152016
$12KSeed$750KSeries A$5.0MSeries A$22MSeries B$20MSeries C$33MSeries D
First round
Seed, $12K
Aug 2009
Biggest round
$33M
Series D · Nov 2016
Usual gap between rounds
21 months
the median of 5
SendGridEnterprise1 / 26Their pitch deckSendGrid's pitch deck, 26 slidesEach slide read for what it argues, against the decks that raised at the same stage.

The rounds

  1. Nov 2016
    Series D$33M1 returning

    Reported by FinSMEsSEC filing: $33M sold, first sale Nov 2016

  2. Dec 2014
    Series C$20M1 new2 returning

    From a historical funding recordSEC filing: $21M sold, first sale Nov 2014

  3. Jan 2012
    Series B$22M1 new5 returning

    Reported by techcrunch.comSEC filing: $22M sold, first sale Jan 2012

  4. Apr 2010
    Series A$5.0M4 new5 returning

    Reported by techcrunch.comSEC filing: $4.7M sold, first sale Apr 2010

  5. Dec 2009
    Series A$750K5 new

    Reported by techcrunch.comSEC filing: $750K sold, first sale Nov 2009

  6. Aug 2009
    Seed$12K1 new

    Reported by techcrunch.comSEC filing: $750K sold, first sale Nov 2009

Founders and team

From the SEC filings it signed: 3 on the team.

  • Michael TognettiExecutive Officeri
  • Sameer DholakiaExecutive Officer, Directori
  • Yancey SpruillExecutive Officeri

On the board, as filediAjay AgarwalByron DeeterFred BallMark SolonRyan McIntyreWarren Adelman

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.

Everyone who backed them

TechstarsVC firm3rounds
Foundry GroupVC firm3rounds
Softtech VCVC firm3rounds
Highway 12 VenturesVC firm3rounds
500 GlobalAngel2rounds
Founders FundVC firm2rounds
Bain Capital VenturesVC firm2rounds
David CohenAngel2rounds
Matt MullenwegVC firm1round
Scott PetryVC firm1round
Tom KellerVC firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 12 firms list SendGrid 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.

Graph VenturesVC firmPer its own site
Darwin VenturesFund of fundsPer its own site
Audrey CapitalVC firmPer its own site
K2 GlobalVC firmPer its own site
Startup WeekendVC firmPer its own site
TechStars EnergyAcceleratorPer its own site
Techstars BerlinAcceleratorPer its own site
Techstars Music AcceleratorAcceleratorPer its own site
Techstars Toronto AcceleratorAcceleratorPer its own site
The Riyadh Techstars AcceleratorAcceleratorPer its own site
Unitatea CapitalVC firmPer its own site

Quick answers about SendGrid

Who invested in SendGrid?

SendGrid's investors include Techstars, Foundry Group, Softtech VC, Highway 12 Ventures and 500 Global, and 7 more on record.

How much has SendGrid raised?

SendGrid has raised $80M across 6 rounds since 2009.

When did SendGrid last raise?

SendGrid's most recent round was a Series D of $33M in Nov 2016.

What was SendGrid's biggest round?

Its most recent round, $33M in Nov 2016, is also its largest on record.

Who backed SendGrid first?

SendGrid's first round on record, in Aug 2009, was backed by Techstars.

What stage is SendGrid at?

SendGrid's latest named round is a Series D, in Nov 2016.

Where is SendGrid based?

SendGrid is based in the United States.

Companies like SendGrid

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

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