# Spotlite funding: rounds and investors

> Spotlite has raised $4.5M across 2 rounds since 2024. Investors include Antler, Portugal Ventures and Strong Ventures. Every round with its source.

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

Portugal · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Spotlite*

2 rounds we have observed, with the 5 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.

Construction Internet

Raised 11 months ago

Funding summary Updated 26 Oct 2026

**$4.5M** raised across 2 rounds since 2024, from 2 sources

**$450K** Seed **$4.1M** Seed

- **Latest round:** Seed, $4.1M Dec 2025
- **Step-up i:** 9.1×
- **Investors:** 5

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.

2024 2025

**$450K** Seed

**$4.1M** Seed

- **First round:** Seed, $450K
- **Biggest round:** $4.1M
- **Between rounds:** 22 months

## The rounds

- **Dec 2025** Seed **$4.1M** *3 new* [Portugal Ventures](https://millionrounds.com/fund/portugal-ventures) [Shilling VC](https://millionrounds.com/fund/shilling) [Indico Capital Partners](https://millionrounds.com/fund/indico-capital-partners) Source recorded
- **Feb 2024** Seed **$450K** *2 new* [Antler](https://millionrounds.com/fund/antler) [Strong Ventures](https://millionrounds.com/fund/strong-ventures) Source recorded

## 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.

**Seed** 2024 **Seed** 2025 [Antler](https://millionrounds.com/fund/antler) [Portugal Ventures](https://millionrounds.com/fund/portugal-ventures) [Strong Ventures](https://millionrounds.com/fund/strong-ventures) [Shilling VC](https://millionrounds.com/fund/shilling) [Indico Capital Partners](https://millionrounds.com/fund/indico-capital-partners)

## Everyone who backed them

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

[Portugal Ventures](https://millionrounds.com/fund/portugal-ventures) VC firm **1** round

[Strong Ventures](https://millionrounds.com/fund/strong-ventures) VC firm **1** round

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

[Indico Capital Partners](https://millionrounds.com/fund/indico-capital-partners) Accelerator **1** round

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

## Also claim to have backed them

This firm lists Spotlite 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.

[Rabbit VC](https://millionrounds.com/fund/rabbit-vc) VC firm Per its own site

## Quick answers about Spotlite

### Who invested in Spotlite?

Spotlite's investors include Antler, Portugal Ventures, Strong Ventures, Shilling VC and Indico Capital Partners.

### How much has Spotlite raised?

Spotlite has raised $4.5M across 2 rounds since 2024.

### When did Spotlite last raise?

Spotlite's most recent round was a Seed of $4.1M in Dec 2025.

### What was Spotlite's biggest round?

Its most recent round, $4.1M in Dec 2025, is also its largest on record.

### Who backed Spotlite first?

Spotlite's first round on record, in Feb 2024, was backed by Antler and Strong Ventures.

### What stage is Spotlite at?

Spotlite's latest named round is a Seed, in Dec 2025.

### Where is Spotlite based?

Spotlite is based in Portugal.

## Companies like Spotlite

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

[**Litehaus** $1.7M · May 2025](https://millionrounds.com/company/litehaus)[**Ailytics** $7.4M · Oct 2026](https://millionrounds.com/company/ailytics)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Marrow** $2.0M · Oct 2026](https://millionrounds.com/company/marrow)[**Adaptavate** $15M · Oct 2026](https://millionrounds.com/company/adaptavate)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)

## Find investors like these

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