# Simility funding: rounds and investors

> Simility has raised $25M across 5 rounds since 2014. Investors include Accel, Trinity Ventures and Trinity. Every round with its source.

Source: https://millionrounds.com/company/simility (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Simility*

5 rounds we have observed, with the 6 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.

Cybersecurity

Funding summary Updated 26 Oct 2026

**$25M** raised across 5 rounds since 2014, from 5 sources

**$800K** Seed **$3.5M** Seed **$1.5M** Seed **$1.5M** Series A **$18M** Series B

- **Latest round:** Series B, $18M Dec 2017
- **Step-up i:** 11.7×
- **Investors:** 6

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.

2015 2016 2017

**$800K** Seed

**$3.5M** Seed

**$1.5M** Seed

**$1.5M** Series A

**$18M** Series B

- **First round:** Seed, $800K
- **Biggest round:** $18M
- **Usual gap between rounds:** 14 months

## The rounds

- **Dec 2017** Series B **$18M** *3 new* *1 returning* [Accel](https://millionrounds.com/fund/accel) [Trinity](https://millionrounds.com/fund/trinity) [Valley Fund](https://millionrounds.com/fund/valley-fund) Accel Partners/ PayPal Reported by Medianama SEC filing: $18M sold, first sale Dec 2017
- **Jun 2016** Series A **$1.5M** *1 new* [The Valley Fund](https://millionrounds.com/fund/the-valley-fund) Reported by FinSMEs SEC filing: $1.5M sold, first sale May 2016
- **Oct 2015** Seed **$1.5M** *1 new* [Trinity Ventures](https://millionrounds.com/fund/trinity-ventures) From a historical funding record SEC filing: $3.5M sold, first sale Aug 2015
- **Aug 2015** Seed **$3.5M** *1 new* [Accel](https://millionrounds.com/fund/accel) From a historical funding record SEC filing: $3.5M sold, first sale Aug 2015
- **Jul 2014** Seed **$800K** No investor was named in the report. From a historical funding record

## Founders and team

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

- **Kedar Samant** Executive Officer, Director, Promoter i
- **Rahul Pangam** Executive Officer, Director, Promoter i
- **Uttam Phalnikar** Executive Officer, Director, Promoter i

On the board, as filed i *Dinesh Katiyar*

## 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** 2014 **Seed** 2015 **Seed** 2015 **Series A** 2016 **Series B** 2017 [Accel](https://millionrounds.com/fund/accel) [Trinity Ventures](https://millionrounds.com/fund/trinity-ventures) [Trinity](https://millionrounds.com/fund/trinity) [Valley Fund](https://millionrounds.com/fund/valley-fund) [The Valley Fund](https://millionrounds.com/fund/the-valley-fund) Accel Partners/ PayPal

## Everyone who backed them

[Accel](https://millionrounds.com/fund/accel) VC firm **2** rounds

[Trinity Ventures](https://millionrounds.com/fund/trinity-ventures) VC firm **1** round

[Trinity](https://millionrounds.com/fund/trinity) Hedge fund **1** round

[Valley Fund](https://millionrounds.com/fund/valley-fund) Growth equity **1** round

[The Valley Fund](https://millionrounds.com/fund/the-valley-fund) VC firm **1** round

Accel Partners/ PayPal 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=simility).

## Also claim to have backed them

This firm lists Simility 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.

[Kortschak Investments L.P.](https://millionrounds.com/fund/kortschak-investments-l-p) Family office Per its own site

## Quick answers about Simility

### Who invested in Simility?

Simility's investors include Accel, Trinity Ventures, Trinity, Valley Fund and The Valley Fund, and 1 more on record.

### How much has Simility raised?

Simility has raised $25M across 5 rounds since 2014.

### When did Simility last raise?

Simility's most recent round was a Series B of $18M in Dec 2017.

### What was Simility's biggest round?

Its most recent round, $18M in Dec 2017, is also its largest on record.

### Who backed Simility first?

Simility's first round on record, in Aug 2015, was backed by Accel.

### What stage is Simility at?

Simility's latest named round is a Series B, in Dec 2017.

### Where is Simility based?

Simility is based in the United States.

## Companies like Simility

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

[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Opsin** $21M · Oct 2026](https://millionrounds.com/company/opsin)[**Harmonic Security** $68M · Oct 2026](https://millionrounds.com/company/harmonic-security)[**Reach Security** $60M · Oct 2026](https://millionrounds.com/company/reach-security)[**Persona** $210M · Oct 2026](https://millionrounds.com/company/persona)[**Hilt** $4.7M · Oct 2026](https://millionrounds.com/company/hilt)

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