# Shepherd funding: rounds and investors > Shepherd has raised $56M across 2 rounds since 2024. Investors include Y Combinator, Spark Capital and Susa Ventures. Every round with its source. Source: https://millionrounds.com/company/shepherd (Millionrounds; every figure on the page links to its filing or article) United States · [Series B startup](https://millionrounds.com/companies) # Who invested in *Shepherd* 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. B2B Raised 8 months ago Funding summary Updated 26 Oct 2026 **$56M** raised across 2 rounds since 2024, from 2 sources **$14M** Series A **$42M** Series B - **Latest round:** Series B, $42M Mar 2026 - **Step-up i:** 3.1× - **Investors:** 4 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. 2024 2025 2026 **$14M** Series A **$42M** Series B - **First round:** Series A, $14M - **Biggest round:** $42M - **Between rounds:** 2.1 years ## The rounds - **Mar 2026** Series B **$42M** *4 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Spark Capital](https://millionrounds.com/fund/spark-capital) [Susa Ventures](https://millionrounds.com/fund/susa-ventures) [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) Source recorded - **Feb 2024** Series A **$14M** *4 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Spark Capital](https://millionrounds.com/fund/spark-capital) [Susa Ventures](https://millionrounds.com/fund/susa-ventures) [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) Source recorded ## Founders and team From Shepherd's own website: 1 founder, 2 on the team. **David Clements** Founder & Premium Domain Broker - **Mike Bowden** IT Support & Project Manager - **Selina Kausar** Marketing Manager ## 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 A** 2024 **Series B** 2026 [Y Combinator](https://millionrounds.com/fund/y-combinator) [Spark Capital](https://millionrounds.com/fund/spark-capital) [Susa Ventures](https://millionrounds.com/fund/susa-ventures) [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) ## Everyone who backed them [Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **2** rounds [Spark Capital](https://millionrounds.com/fund/spark-capital) VC firm **2** rounds [Susa Ventures](https://millionrounds.com/fund/susa-ventures) VC firm **2** rounds [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) VC firm **2** rounds Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=shepherd). ## Also claim to have backed them These 2 firms list Shepherd 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. [Intact Private Capital](https://millionrounds.com/fund/intact-private-capital) Corporate VC Per its own site [On Deck Founders (ODF)](https://millionrounds.com/fund/on-deck-founders-odf) Angel Per its own site ## Quick answers about Shepherd ### Who invested in Shepherd? Shepherd's investors include Y Combinator, Spark Capital, Susa Ventures and Costanoa Ventures. ### How much has Shepherd raised? Shepherd has raised $56M across 2 rounds since 2024. ### When did Shepherd last raise? Shepherd's most recent round was a Series B of $42M in Mar 2026. ### What was Shepherd's biggest round? Its most recent round, $42M in Mar 2026, is also its largest on record. ### Who backed Shepherd first? Shepherd's first round on record, in Feb 2024, was backed by Y Combinator, Spark Capital and Susa Ventures and 1 others. ### What stage is Shepherd at? Shepherd's latest named round is a Series B, in Mar 2026. ### Where is Shepherd based? Shepherd is based in the United States. ## Companies like Shepherd In the same sector, and raised in the last eighteen months. [**MURAL** $67M · Oct 2026](https://millionrounds.com/company/mural)[**Different** $48M · Oct 2026](https://millionrounds.com/company/different)[**Dapta** $6.0M · Oct 2026](https://millionrounds.com/company/dapta)[**Amani Therapeutics** $60M · Oct 2026](https://millionrounds.com/company/amani-therapeutics)[**Relay** $207M · Oct 2026](https://millionrounds.com/company/relay)[**Bash Capital1** $5.7M · Sept 2026](https://millionrounds.com/company/bash-capital1) ## 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