# SMART funding: rounds and investors > SMART has raised $95M across 2 rounds since 2011. Investors include Fidelity, CIBC and CIBC Innovation Banking. Every round with its source. Source: https://millionrounds.com/company/smart (Millionrounds; every figure on the page links to its filing or article) China · [Series E startup](https://millionrounds.com/companies) # Who invested in *SMART* 2 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. Financial Services Funding summary Updated 26 Oct 2026 **$95M** raised across 2 rounds since 2011, from 2 sources - **Latest round:** Series E, $95M May 2023 - **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. 2013 2015 2017 2019 2021 2023 **?** Venture **$95M** Series E - **First round:** Venture - **Biggest round:** $95M - **Between rounds:** 11.4 years ## The rounds - **May 2023** Series E **$95M** *4 new* [Fidelity](https://millionrounds.com/fund/fidelity) [CIBC](https://millionrounds.com/fund/cibc) [CIBC Innovation Banking](https://millionrounds.com/fund/cibc-innovation-banking) [Outrun Ventures](https://millionrounds.com/fund/outrun-ventures) Source recorded - **Dec 2011** Venture **Amount undisclosed** *2 new* [Bain Capital](https://millionrounds.com/fund/bain-capital) [Chengwei Capital](https://millionrounds.com/fund/chengwei-capital) From a historical funding record ## 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. **Venture** 2011 **Series E** 2023 [Fidelity](https://millionrounds.com/fund/fidelity) [CIBC](https://millionrounds.com/fund/cibc) [CIBC Innovation Banking](https://millionrounds.com/fund/cibc-innovation-banking) [Outrun Ventures](https://millionrounds.com/fund/outrun-ventures) [Bain Capital](https://millionrounds.com/fund/bain-capital) [Chengwei Capital](https://millionrounds.com/fund/chengwei-capital) ## Everyone who backed them [Fidelity](https://millionrounds.com/fund/fidelity) VC firm **1** round [CIBC](https://millionrounds.com/fund/cibc) VC firm **1** round [CIBC Innovation Banking](https://millionrounds.com/fund/cibc-innovation-banking) VC firm **1** round [Outrun Ventures](https://millionrounds.com/fund/outrun-ventures) Family office **1** round [Bain Capital](https://millionrounds.com/fund/bain-capital) Private equity **1** round [Chengwei Capital](https://millionrounds.com/fund/chengwei-capital) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=smart). ## Also claim to have backed them These 6 firms list SMART 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. [Draper Associates](https://millionrounds.com/fund/draper-associates) VC firm Per its own site [Seedstars](https://millionrounds.com/fund/seedstars) Accelerator Per its own site [Castiron Ventures](https://millionrounds.com/fund/castiron-ventures) Venture studio Per its own site [Freedom Mortgage](https://millionrounds.com/fund/freedom-mortgage) Corporate VC Per its own site [Texaco](https://millionrounds.com/fund/texaco) Corporate VC Per its own site [Turbostart](https://millionrounds.com/fund/turbostart) VC firm Per its own site ## Quick answers about SMART ### Who invested in SMART? SMART's investors include Fidelity, CIBC, CIBC Innovation Banking, Outrun Ventures and Bain Capital, and 1 more on record. ### How much has SMART raised? SMART has raised $95M across 2 rounds since 2011. One round did not disclose an amount, so the total is a floor. ### When did SMART last raise? SMART's most recent round was a Series E of $95M in May 2023. ### What was SMART's biggest round? Its most recent round, $95M in May 2023, is also its largest on record. ### Who backed SMART first? SMART's first round on record, in Dec 2011, was backed by Bain Capital and Chengwei Capital. ### What stage is SMART at? SMART's latest named round is a Series E, in May 2023. ### Where is SMART based? SMART is based in China. ## Companies like SMART In the same sector, and raised in the last eighteen months. [**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Cashin** $404K · Oct 2026](https://millionrounds.com/company/cashin)[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Cashbanx** $4.1M · Oct 2026](https://millionrounds.com/company/cashbanx) ## 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