United States · Who invested in Spongecell?
Spongecell's investors include Safeguard Scientifics, Matthew Luckett, Eric Schmidt, Jim Pallotta and Pivotal Capital.
20122013201420152016
?Round$10MSeries B$11MDebt
United States · Funded startup
Who invested in Spongecell
Funding summaryUpdated 26 Oct 2026
$21Mraised across 3 rounds since 2011, from 3 sources
$10MSeries B$11MDebt
- Latest round
- Debt, $11MNov 2016
- Investors
- 5
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Round Jun 2011
- Biggest round
- $11M Debt · Nov 2016
- Usual gap between rounds
- 4.8 years the median of 2
The rounds
- Nov 2016
- Feb 2012Series B$10M1 new1 returning
Reported by finsmes.comSEC filing: $10M sold, first sale Jan 2012
- Jun 2011
Founders and team
From the SEC filings it signed: 1 on the team.
- Benjamin KartzmanExecutive Officer, Directori
On the board, as filediAnthony YamErik RasmussenJoe Robinson
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.
Round2011Series B2012Debt2016
Safeguard ScientificsMatthew Luckett
Eric SchmidtJim Pallotta
Pivotal Capital
Safeguard ScientificsMatthew LuckettEric SchmidtJim PallottaPivotal CapitalEveryone who backed them
Matthew LuckettAngel2rounds
Jim PallottaAngel1round
Missing a round, or an investor who was in one? Tell us.
Quick answers about Spongecell
How much has Spongecell raised?
Spongecell has raised $21M across 3 rounds since 2011. One round did not disclose an amount, so the total is a floor.
When did Spongecell last raise?
Spongecell's most recent round was a Debt of $11M in Nov 2016.
What was Spongecell's biggest round?
Its most recent round, $11M in Nov 2016, is also its largest on record.
Who backed Spongecell first?
Spongecell's first round on record, in Jun 2011, was backed by Eric Schmidt, Jim Pallotta and Matthew Luckett.
What stage is Spongecell at?
Spongecell's latest named round is a Debt, in Nov 2016.
Where is Spongecell based?
Spongecell is based in the United States.
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