# SendGrid funding: rounds and investors > SendGrid has raised $80M across 6 rounds since 2009. Investors include Techstars, Foundry Group and Softtech VC. Every round with its source. Source: https://millionrounds.com/company/sendgrid (Millionrounds; every figure on the page links to its filing or article) United States · [Series D startup](https://millionrounds.com/companies) # 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 Services Enterprise Software Funding summary Updated 26 Oct 2026 **$80M** raised across 6 rounds since 2009, from 6 sources **$12K** Seed **$750K** Series A **$5.0M** Series A **$22M** Series B **$20M** Series C **$33M** Series D - **Latest round:** Series D, $33M Nov 2016 - **Step-up i:** 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. 2010 2011 2012 2013 2014 2015 2016 **$12K** Seed **$750K** Series A **$5.0M** Series A **$22M** Series B **$20M** Series C **$33M** Series D - **First round:** Seed, $12K - **Biggest round:** $33M - **Usual gap between rounds:** 21 months [**SendGrid** Enterprise 1 / 26 Their pitch deck **SendGrid's pitch deck, 26 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/sendgrid) ## The rounds - **Nov 2016** Series D **$33M** *1 returning* [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) Reported by FinSMEs SEC filing: $33M sold, first sale Nov 2016 - **Dec 2014** Series C **$20M** *1 new* *2 returning* [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) [Foundry Group](https://millionrounds.com/fund/foundry) From a historical funding record SEC filing: $21M sold, first sale Nov 2014 - **Jan 2012** Series B **$22M** *1 new* *5 returning* [Techstars](https://millionrounds.com/fund/techstars) [500 Global](https://millionrounds.com/fund/500-startups) [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [Foundry Group](https://millionrounds.com/fund/foundry) [Softtech VC](https://millionrounds.com/fund/softtech-vc) [Highway 12 Ventures](https://millionrounds.com/fund/highway-12-ventures) Reported by techcrunch.com SEC filing: $22M sold, first sale Jan 2012 - **Apr 2010** Series A **$5.0M** *4 new* *5 returning* [Techstars](https://millionrounds.com/fund/techstars) [500 Global](https://millionrounds.com/fund/500-startups) [Founders Fund](https://millionrounds.com/fund/founders-fund) [Foundry Group](https://millionrounds.com/fund/foundry) [Softtech VC](https://millionrounds.com/fund/softtech-vc) [David Cohen](https://millionrounds.com/fund/david-cohen) [Highway 12 Ventures](https://millionrounds.com/fund/highway-12-ventures) [Matt Mullenweg](https://millionrounds.com/fund/matt-mullenweg) [Scott Petry](https://millionrounds.com/fund/scott-petry) Reported by techcrunch.com SEC filing: $4.7M sold, first sale Apr 2010 - **Dec 2009** Series A **$750K** *5 new* [Founders Fund](https://millionrounds.com/fund/founders-fund) [Softtech VC](https://millionrounds.com/fund/softtech-vc) [David Cohen](https://millionrounds.com/fund/david-cohen) [Highway 12 Ventures](https://millionrounds.com/fund/highway-12-ventures) [Tom Keller](https://millionrounds.com/fund/tom-keller) Reported by techcrunch.com SEC filing: $750K sold, first sale Nov 2009 - **Aug 2009** Seed **$12K** *1 new* [Techstars](https://millionrounds.com/fund/techstars) Reported by techcrunch.com SEC filing: $750K sold, first sale Nov 2009 ## Founders and team From the SEC filings it signed: 3 on the team. - **Michael Tognetti** Executive Officer i - **Sameer Dholakia** Executive Officer, Director i - **Yancey Spruill** Executive Officer i On the board, as filed i *Ajay Agarwal* *Byron Deeter* *Fred Ball* *Mark Solon* *Ryan McIntyre* *Warren 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. **Seed** 2009 **Series A** 2009 **Series A** 2010 **Series B** 2012 **Series C** 2014 **Series D** 2016 [Techstars](https://millionrounds.com/fund/techstars) [Foundry Group](https://millionrounds.com/fund/foundry) [Softtech VC](https://millionrounds.com/fund/softtech-vc) [Highway 12 Ventures](https://millionrounds.com/fund/highway-12-ventures) [500 Global](https://millionrounds.com/fund/500-startups) [Founders Fund](https://millionrounds.com/fund/founders-fund) [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) [David Cohen](https://millionrounds.com/fund/david-cohen) [Matt Mullenweg](https://millionrounds.com/fund/matt-mullenweg) ## Everyone who backed them [Techstars](https://millionrounds.com/fund/techstars) VC firm **3** rounds [Foundry Group](https://millionrounds.com/fund/foundry) VC firm **3** rounds [Softtech VC](https://millionrounds.com/fund/softtech-vc) VC firm **3** rounds [Highway 12 Ventures](https://millionrounds.com/fund/highway-12-ventures) VC firm **3** rounds [500 Global](https://millionrounds.com/fund/500-startups) Angel **2** rounds [Founders Fund](https://millionrounds.com/fund/founders-fund) VC firm **2** rounds [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) VC firm **2** rounds [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) VC firm **2** rounds [David Cohen](https://millionrounds.com/fund/david-cohen) Angel **2** rounds [Matt Mullenweg](https://millionrounds.com/fund/matt-mullenweg) VC firm **1** round [Scott Petry](https://millionrounds.com/fund/scott-petry) VC firm **1** round [Tom Keller](https://millionrounds.com/fund/tom-keller) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=sendgrid). ## 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 Ventures](https://millionrounds.com/fund/graph-ventures) VC firm Per its own site [Darwin Ventures](https://millionrounds.com/fund/darwin-ventures) Fund of funds Per its own site [Audrey Capital](https://millionrounds.com/fund/audrey-capital) VC firm Per its own site [K2 Global](https://millionrounds.com/fund/k2-global-2) VC firm Per its own site [Startup Weekend](https://millionrounds.com/fund/startup-weekend) VC firm Per its own site [TechStars Energy](https://millionrounds.com/fund/techstars-energy) Accelerator Per its own site [Techstars Alabama Power EnergyTech Accelerator](https://millionrounds.com/fund/techstars-alabama-power-energytech-accelerator) Accelerator Per its own site [Techstars Berlin](https://millionrounds.com/fund/techstars-berlin) Accelerator Per its own site [Techstars Music Accelerator](https://millionrounds.com/fund/techstars-music-accelerator) Accelerator Per its own site [Techstars Toronto Accelerator](https://millionrounds.com/fund/techstars-toronto-accelerator) Accelerator Per its own site [The Riyadh Techstars Accelerator](https://millionrounds.com/fund/techstars-riyadh-accelerator) Accelerator Per its own site [Unitatea Capital](https://millionrounds.com/fund/unitatea-capital) VC firm Per 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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