# Sonovate funding: rounds and investors > Sonovate has raised $350M across 3 rounds since 2016. Investors include Global Founders Capital, Dawn Capital and BNP Paribas. Every round with its source. Source: https://millionrounds.com/company/sonovate (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Funded startup](https://millionrounds.com/companies) # 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. B2B Fintech Funding summary Updated 26 Oct 2026 **$350M** raised across 3 rounds since 2016, from 3 sources **$17M** Series B **$136M** Debt **$197M** Debt - **Latest round:** Debt, $197M Jul 2022 - **Step-up i:** 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. 2017 2018 2019 2020 2021 2022 **$17M** Series B **$136M** Debt **$197M** Debt - **First round:** Series B, $17M - **Biggest round:** $197M - **Usual gap between rounds:** 2.9 years ## The rounds - **Jul 2022** Debt **$197M** *2 new* *2 returning* [Global Founders Capital](https://millionrounds.com/fund/global-founders-capital) [BNP Paribas](https://millionrounds.com/fund/bnp-paribas) [DN Capital](https://millionrounds.com/fund/dn-capital) [Dawn Capital](https://millionrounds.com/fund/dawn-capital) Source recorded - **Sept 2019** Debt **$136M** *4 new* [Dawn Capital](https://millionrounds.com/fund/dawn-capital) [Rocket Internet](https://millionrounds.com/fund/rocket-internet-6) [M&G Investments](https://millionrounds.com/fund/m-and-g-investments) MXB Holdings Reported by Londonlovesbusiness - **Oct 2016** Series B **$17M** *1 new* [Global Founders Capital](https://millionrounds.com/fund/global-founders-capital) Reported by FinSMEs ## Founders and team From Sonovate's own website: 2 founders, 6 on the team. **Damon Chapple** Co-founder & Co-CEO **Richard Prime** Co-founder & Co-CEO - **Elise Hunter** Chief People Officer - **Katharine Fleming** Chief of Staff - **Mark Thompson** Chief Revenue Officer - **Tim Edwards** Chief Product & Technology Officer - **Tom Wilson** Chief Financial Officer - **Katie Babich** Head 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. **Series B** 2016 **Debt** 2019 **Debt** 2022 [Global Founders Capital](https://millionrounds.com/fund/global-founders-capital) [Dawn Capital](https://millionrounds.com/fund/dawn-capital) [BNP Paribas](https://millionrounds.com/fund/bnp-paribas) [DN Capital](https://millionrounds.com/fund/dn-capital) [Rocket Internet](https://millionrounds.com/fund/rocket-internet-6) [M&G Investments](https://millionrounds.com/fund/m-and-g-investments) MXB Holdings ## Everyone who backed them [Global Founders Capital](https://millionrounds.com/fund/global-founders-capital) VC firm **2** rounds [Dawn Capital](https://millionrounds.com/fund/dawn-capital) VC firm **2** rounds [BNP Paribas](https://millionrounds.com/fund/bnp-paribas) VC firm **1** round [DN Capital](https://millionrounds.com/fund/dn-capital) VC firm **1** round [Rocket Internet](https://millionrounds.com/fund/rocket-internet-6) Investment firm **1** round [M&G Investments](https://millionrounds.com/fund/m-and-g-investments) Private equity **1** round MXB Holdings 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=sonovate). ## 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 Capital](https://millionrounds.com/fund/avala-capital) Angel network Per 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. ## Companies like Sonovate In the same sector, and raised in the last eighteen months. [**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Blackwall** $162M · Oct 2026](https://millionrounds.com/company/blackwall)[**Reactive Markets** Oct 2026](https://millionrounds.com/company/reactive-markets)[**IMMIX** $6.2M · Oct 2026](https://millionrounds.com/company/immix)[**TrueLayer** $376M · Oct 2026](https://millionrounds.com/company/truelayer)[**PlannerPal** $6.0M · Oct 2026](https://millionrounds.com/company/plannerpal) ## 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