# Spell funding: rounds and investors

> Spell has raised $15M across 1 round since 2019. Investors include Two Sigma Ventures and Eclipse. Every round with its source.

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

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

# Who invested in *Spell*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Education

Funding summary Updated 26 Oct 2026

**$15M** raised across 1 round since 2019, from 1 source

- **Latest round:** Round, $15M Jan 2019
- **Investors:** 2

See who backed them

## The rounds

- **Jan 2019** Round **$15M** [Two Sigma Ventures](https://millionrounds.com/fund/two-sigma-ventures) [Eclipse](https://millionrounds.com/fund/eclipse) Reported by FinSMEs SEC filing: $13M sold, first sale Dec 2018

## Founders and team

From the SEC filings it signed: 1 on the team.

- **Serkan Piantino** Executive Officer, Director, Promoter i

On the board, as filed i *Justin Butler*

## Everyone who backed them

[Two Sigma Ventures](https://millionrounds.com/fund/two-sigma-ventures) VC firm **1** round

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

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

## Also claim to have backed them

This firm lists Spell 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.

[Doug Imbruce](https://millionrounds.com/fund/doug-imbruce) VC firm Per its own site

## Quick answers about Spell

### Who invested in Spell?

Spell's investors include Two Sigma Ventures and Eclipse.

### How much has Spell raised?

Spell has raised $15M across 1 round since 2019.

### When did Spell last raise?

Spell's most recent round was an Undisclosed round of $15M in Jan 2019.

### What was Spell's biggest round?

Its most recent round, $15M in Jan 2019, is also its largest on record.

### Who backed Spell first?

Spell's first round on record, in Jan 2019, was backed by Two Sigma Ventures and Eclipse.

### What stage is Spell at?

Spell's latest named round is an Undisclosed round, in Jan 2019.

### Where is Spell based?

Spell is based in the United States.

## Companies like Spell

In the same sector, and raised in the last eighteen months.

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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