# Smarkets funding: rounds and investors > Smarkets has raised $13M across 5 rounds since 2008. Investors include Passion Capital, Deutsche Telekom Strategic Investments and Stefan Glaenzer. Source: https://millionrounds.com/company/smarkets (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Series B startup](https://millionrounds.com/companies) # Who invested in *Smarkets* 5 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. Financial Services Funding summary Updated 26 Oct 2026 **$13M** raised across 5 rounds since 2008, from 5 sources **$200K** Seed **$210K** Seed **$2.3M** Series A **$10M** Series B - **Latest round:** Series B, $10M May 2021 - **Step-up i:** 4.5× - **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. 2008 2010 2012 2014 2016 2018 2020 **$200K** Seed **$210K** Seed **?** Seed **$2.3M** Series A **$10M** Series B - **First round:** Seed, $200K - **Biggest round:** $10M - **Usual gap between rounds:** 3.1 years ## The rounds - **May 2021** Series B **$10M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Feb 2013** Series A **$2.3M** *2 new* [Passion Capital](https://millionrounds.com/fund/passion-capital) [Deutsche Telekom Strategic Investments](https://millionrounds.com/fund/deutsche-telekom-strategic-investments-2) Reported by finsmes.com - **Jan 2010** Seed **Amount undisclosed** *2 new* [Stefan Glaenzer](https://millionrounds.com/fund/stefan-glaenzer) [Tom Hulme](https://millionrounds.com/fund/tom-hulme) Reported by eu.techcrunch.com - **Apr 2009** Seed **$210K** No investor was named in the report. Reported by uk.techcrunch.com - **May 2008** Seed **$200K** No investor was named in the report. Reported by uk.techcrunch.com ## Funding filed with regulators Smarkets filed one raise, $10M in all. Filings say how much was sold and to how many investors; they never name the investors. - May 2021 **$10M** UK share allotment ## Founders and team From Smarkets's own website: 8 on the team. - **William Chambers** COO - **Eli Abramovitch** VP of Engineering - **Ryan Caruana** Head of International Markets - **Sarah Hilal** Head of People Performance - **Stephen Lyon** VP of Finance - **Adam Baylis** Director of Marketing - **Andrei Craciunoiu** Director of Product - **Greg Le Guyader** Director of Trading ## 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** 2008 **Seed** 2009 **Seed** 2010 **Series A** 2013 **Series B** 2021 [Passion Capital](https://millionrounds.com/fund/passion-capital) [Deutsche Telekom Strategic Investments](https://millionrounds.com/fund/deutsche-telekom-strategic-investments-2) [Stefan Glaenzer](https://millionrounds.com/fund/stefan-glaenzer) [Tom Hulme](https://millionrounds.com/fund/tom-hulme) ## Everyone who backed them [Passion Capital](https://millionrounds.com/fund/passion-capital) VC firm **1** round [Deutsche Telekom Strategic Investments](https://millionrounds.com/fund/deutsche-telekom-strategic-investments-2) Investment firm **1** round [Stefan Glaenzer](https://millionrounds.com/fund/stefan-glaenzer) VC firm **1** round [Tom Hulme](https://millionrounds.com/fund/tom-hulme) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=smarkets). ## Quick answers about Smarkets ### Who invested in Smarkets? Smarkets's investors include Passion Capital, Deutsche Telekom Strategic Investments, Stefan Glaenzer and Tom Hulme. ### How much has Smarkets raised? Smarkets has raised $13M across 5 rounds since 2008. One round did not disclose an amount, so the total is a floor. ### When did Smarkets last raise? Smarkets's most recent round was a Series B of $10M in May 2021. ### What was Smarkets's biggest round? Its most recent round, $10M in May 2021, is also its largest on record. ### Who backed Smarkets first? Smarkets's first round on record, in Jan 2010, was backed by Stefan Glaenzer and Tom Hulme. ### What stage is Smarkets at? Smarkets's latest named round is a Series B, in May 2021. ### Where is Smarkets based? Smarkets is based in the United Kingdom. ## Companies like Smarkets In the same sector, and raised in the last eighteen months. [**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**TrueLayer** $376M · Oct 2026](https://millionrounds.com/company/truelayer)[**ELEMENTARYb** $4.2M · Sept 2026](https://millionrounds.com/company/elementaryb)[**Quartz** $3.7M · Sept 2026](https://millionrounds.com/company/quartz)[**Oxane Partners** $32M · Sept 2026](https://millionrounds.com/company/oxane-partners)[**Fintuity** $5.4M · Sept 2026](https://millionrounds.com/company/fintuity) ## 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