# Skan AI funding: rounds and investors

> Skan AI has raised $103M across 2 rounds since 2022. Investors include Cathay Innovation, Bloomberg Beta and Dell Technologies Capital.

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

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

# Who invested in *Skan AI*

2 rounds we have observed, with the 10 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 Big Data & Analytics Enterprise Software Robotics

Raised 3 months ago

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Funding summary Updated 5 Nov 2026

**$103M** raised across 2 rounds since 2022, from 5 sources

**$40M** Series B **$63M** Series C

- **Latest round:** Series C, $63M Aug 2026
- **Led by:** Cathay Innovation and Dell Technologies Capital and 1 more
- **Step-up i:** 1.6×
- **Investors:** 10 (3 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.

2022 2023 2024 2025 2026

**$40M** Series B

**$63M** Series C

- **First round:** Series B, $40M
- **Biggest round:** $63M
- **Between rounds:** 4.4 years

## The rounds

- **Aug 2026** Series C **$63M** *5 new* *2 returning* [Cathay Innovation](https://millionrounds.com/fund/cathay-innovation) Lead [Dell Technologies Capital](https://millionrounds.com/fund/dell-technologies-capital) Lead [Cathay Capital](https://millionrounds.com/fund/cathay-capital) Lead [Bloomberg Beta](https://millionrounds.com/fund/bloomberg-beta) [Citi Ventures](https://millionrounds.com/fund/citi-ventures) [State Farm Ventures](https://millionrounds.com/fund/state-farm-ventures) [Wipro Ventures](https://millionrounds.com/fund/wipro-ventures) Reported by Cathay Innovation and 3 others
- **Mar 2022** Series B **$40M** *5 new* [Plug and Play](https://millionrounds.com/fund/plug-and-play) [GSR](https://millionrounds.com/fund/gsr) [Bloomberg Beta](https://millionrounds.com/fund/bloomberg-beta) [Cathay Innovation](https://millionrounds.com/fund/cathay-innovation) [Zetta Venture Partners](https://millionrounds.com/fund/zetta-venture-partners) Source recorded

## Founders and team

From Skan AI's own website: 2 founders, 7 on the team.

**Avinash Misra** Founder & CEO

**Manish Garg** Founder & CoO

- **Aman Rangrass** Chief Revenue Officer
- **Jennifer Hewlette** Chief Marketing Officer
- **Mubarak Abdulla** SVP - Chief Architect
- **Vinaykumar Mummigatti** Chief Customer Officer
- **Alan Tidwell** VP - Human Resources
- **Justin Gavin** VP - Financial Planning & Analysis
- **Rishi Singh** SVP, Head of Engineering

## 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 B** 2022 **Series C** 2026 [Cathay Innovation](https://millionrounds.com/fund/cathay-innovation) L [Bloomberg Beta](https://millionrounds.com/fund/bloomberg-beta) [Dell Technologies Capital](https://millionrounds.com/fund/dell-technologies-capital) L [Cathay Capital](https://millionrounds.com/fund/cathay-capital) L [Plug and Play](https://millionrounds.com/fund/plug-and-play) [GSR](https://millionrounds.com/fund/gsr) [Zetta Venture Partners](https://millionrounds.com/fund/zetta-venture-partners) [Citi Ventures](https://millionrounds.com/fund/citi-ventures) [State Farm Ventures](https://millionrounds.com/fund/state-farm-ventures) [Wipro Ventures](https://millionrounds.com/fund/wipro-ventures)

## Everyone who backed them

[Cathay Innovation](https://millionrounds.com/fund/cathay-innovation) VC firm **2** rounds, led 1

[Bloomberg Beta](https://millionrounds.com/fund/bloomberg-beta) VC firm **2** rounds

[Dell Technologies Capital](https://millionrounds.com/fund/dell-technologies-capital) Corporate VC **1** round, led 1

[Cathay Capital](https://millionrounds.com/fund/cathay-capital) Private equity **1** round, led 1

[Plug and Play](https://millionrounds.com/fund/plug-and-play) Accelerator **1** round

[GSR](https://millionrounds.com/fund/gsr) VC firm **1** round

[Zetta Venture Partners](https://millionrounds.com/fund/zetta-venture-partners) VC firm **1** round

[Citi Ventures](https://millionrounds.com/fund/citi-ventures) Corporate VC **1** round

[State Farm Ventures](https://millionrounds.com/fund/state-farm-ventures) Corporate VC **1** round

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

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=skan-ai).

## Also claim to have backed them

This firm lists Skan AI 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.

[FoW Partners](https://millionrounds.com/fund/fow-partners) Private equity 2025, per its site

## Quick answers about Skan AI

### Who invested in Skan AI?

Skan AI's investors include Cathay Innovation, Bloomberg Beta, Dell Technologies Capital, Cathay Capital and Plug and Play, and 5 more on record. Cathay Innovation led its latest round.

### How much has Skan AI raised?

Skan AI has raised $103M across 2 rounds since 2022.

### When did Skan AI last raise?

Skan AI's most recent round was a Series C of $63M in Aug 2026, led by Cathay Innovation.

### What was Skan AI's biggest round?

Its most recent round, $63M in Aug 2026, is also its largest on record.

### Who backed Skan AI first?

Skan AI's first round on record, in Mar 2022, was backed by Plug and Play, GSR and Bloomberg Beta and 2 others.

### What stage is Skan AI at?

Skan AI's latest named round is a Series C, in Aug 2026.

### Where is Skan AI based?

Skan AI is based in the United States.

### Who led Skan AI's rounds?

Cathay Innovation led the Series C in 2026.

## Companies like Skan AI

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)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute)[**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava)

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