United Kingdom · Funded startup

Who invested in Sonovate

3 rounds we have observed, with the 7 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.

B2BFintech

Funding summaryUpdated 26 Oct 2026

$350Mraised across 3 rounds since 2016, from 3 sources

$17MSeries B$136MDebt$197MDebt
Latest round
Debt, $197MJul 2022
Step-upi
1.5×
Investors
7
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.

201720182019202020212022
$17MSeries B$136MDebt$197MDebt
First round
Series B, $17M
Oct 2016
Biggest round
$197M
Debt · Jul 2022
Usual gap between rounds
2.9 years
the median of 2

The rounds

  1. Jul 2022
    Debt$197M2 new2 returning

    Source recorded

  2. Sept 2019
  3. Oct 2016
    Series B$17M1 new

    Reported by FinSMEs

Founders and team

From Sonovate's own website: 2 founders, 6 on the team.

Damon ChappleCo-founder & Co-CEO
Richard PrimeCo-founder & Co-CEO
  • Elise HunterChief People Officer
  • Katharine FlemingChief of Staff
  • Mark ThompsonChief Revenue Officer
  • Tim EdwardsChief Product & Technology Officer
  • Tom WilsonChief Financial Officer
  • Katie BabichHead of International Expansion

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.

Everyone who backed them

Dawn CapitalVC firm2rounds
BNP ParibasVC firm1round
DN CapitalVC firm1round
Rocket InternetInvestment firm1round
M&G InvestmentsPrivate equity1round
MXB Holdingsno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

This firm lists Sonovate 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.

Avala CapitalAngel networkPer its own site

Quick answers about Sonovate

Who invested in Sonovate?

Sonovate's investors include Global Founders Capital, Dawn Capital, BNP Paribas, DN Capital and Rocket Internet, and 2 more on record.

How much has Sonovate raised?

Sonovate has raised $350M across 3 rounds since 2016.

When did Sonovate last raise?

Sonovate's most recent round was a Debt of $197M in Jul 2022.

What was Sonovate's biggest round?

Its most recent round, $197M in Jul 2022, is also its largest on record.

Who backed Sonovate first?

Sonovate's first round on record, in Oct 2016, was backed by Global Founders Capital.

What stage is Sonovate at?

Sonovate's latest named round is a Debt, in Jul 2022.

Where is Sonovate based?

Sonovate is based in the United Kingdom.

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