# STAGE funding: rounds and investors

> STAGE has raised $17M across 4 rounds since 2022. Investors include Y Combinator, BoxGroup and Goodwater Capital. Every round with its source.

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

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

# Who invested in *STAGE*

4 rounds we have observed, with the 10 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.

IT Services

Raised 6 months ago

Funding summary Updated 26 Oct 2026

**$17M** raised across 4 rounds since 2022, from 4 sources

**$5.1M** Seed **$2.4M** Seed **$9.7M** Series B

- **Latest round:** Venture May 2026
- **Biggest round:** $9.7M Series B · Mar 2025
- **Investors:** 10

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.

2023 2024 2025 2026

**$5.1M** Seed

**$2.4M** Seed

**$9.7M** Series B

**?** Venture

- **First round:** Seed, $5.1M
- **Biggest round:** $9.7M
- **Usual gap between rounds:** 14 months

## The rounds

- **May 2026** Venture **Amount undisclosed** *1 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) Source recorded
- **Mar 2025** Series B **$9.7M** *5 new* [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) [Peak XV](https://millionrounds.com/fund/peak-xv) [Venture Catalysts](https://millionrounds.com/fund/venture-catalysts-2) [Inflection Point Ventures](https://millionrounds.com/fund/inflection-point-ventures) [AngelList](https://millionrounds.com/fund/angellist) Source recorded
- **Jun 2024** Seed **$2.4M** *1 new* [Cogitent Ventures](https://millionrounds.com/fund/cogitent-ventures) Source recorded
- **Jun 2022** Seed **$5.1M** *3 new* [BoxGroup](https://millionrounds.com/fund/boxgroup) [Upfront Ventures](https://millionrounds.com/fund/upfront-ventures) [Scott Belsky](https://millionrounds.com/fund/scott-belsky) Also list them on their own site [Dholakia Ventures](https://millionrounds.com/fund/dholakia-ventures) Source recorded SEC filing: $5.1M sold, first sale Dec 2021

## 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** 2022 **Seed** 2024 **Series B** 2025 **Venture** 2026 [Y Combinator](https://millionrounds.com/fund/y-combinator) [BoxGroup](https://millionrounds.com/fund/boxgroup) [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) [Upfront Ventures](https://millionrounds.com/fund/upfront-ventures) [Peak XV](https://millionrounds.com/fund/peak-xv) [Venture Catalysts](https://millionrounds.com/fund/venture-catalysts-2) [Inflection Point Ventures](https://millionrounds.com/fund/inflection-point-ventures) [AngelList](https://millionrounds.com/fund/angellist) [Scott Belsky](https://millionrounds.com/fund/scott-belsky) [Cogitent Ventures](https://millionrounds.com/fund/cogitent-ventures)

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

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

[Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) VC firm **1** round

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

[Peak XV](https://millionrounds.com/fund/peak-xv) VC firm **1** round

[Venture Catalysts](https://millionrounds.com/fund/venture-catalysts-2) VC firm **1** round

[Inflection Point Ventures](https://millionrounds.com/fund/inflection-point-ventures) VC firm **1** round

[AngelList](https://millionrounds.com/fund/angellist) Angel network **1** round

[Scott Belsky](https://millionrounds.com/fund/scott-belsky) Angel **1** round

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

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

## Also claim to have backed them

These 14 firms list STAGE as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[We Founder Circle](https://millionrounds.com/fund/we-founder-circle-2) Angel network Per its own site

[Cradle Fund](https://millionrounds.com/fund/cradle-fund) Government Per its own site

[Physis Capital](https://millionrounds.com/fund/physis-capital) VC firm Per its own site

[Alphatron Capital](https://millionrounds.com/fund/alphatron-capital) VC firm Per its own site

[Castrum Capital](https://millionrounds.com/fund/castrum-capital) Growth equity Per its own site

[Dholakia Ventures](https://millionrounds.com/fund/dholakia-ventures) VC firm 2022, per its site

[28 Ventures](https://millionrounds.com/fund/28-ventures-2) Family office Per its own site

[Aperio Partners](https://millionrounds.com/fund/aperio-partners) VC firm Per its own site

[Better Capital](https://millionrounds.com/fund/better-capital-2) VC firm Per its own site

[Climber Capital](https://millionrounds.com/fund/climber-capital) VC firm Per its own site

[Ecosystem Ventures](https://millionrounds.com/fund/ecosystem-ventures-2) VC firm Per its own site

[Finvolve](https://millionrounds.com/fund/finvolve) VC firm Per its own site

[Supermorpheus](https://millionrounds.com/fund/supermorpheus) VC firm Per its own site

[ValueBridge Capital](https://millionrounds.com/fund/valuebridge-capital) VC firm Per its own site

## Quick answers about STAGE

### Who invested in STAGE?

STAGE's investors include Y Combinator, BoxGroup, Goodwater Capital, Upfront Ventures and Peak XV, and 5 more on record.

### How much has STAGE raised?

STAGE has raised $17M across 4 rounds since 2022. One round did not disclose an amount, so the total is a floor.

### When did STAGE last raise?

STAGE's most recent round was a Venture in May 2026.

### What was STAGE's biggest round?

STAGE's largest round on record is $9.7M (Series B), in Mar 2025.

### Who backed STAGE first?

STAGE's first round on record, in Jun 2022, was backed by BoxGroup, Upfront Ventures and Scott Belsky.

### What stage is STAGE at?

STAGE's latest named round is a Venture, in May 2026.

### Where is STAGE based?

STAGE is based in Portugal.

## Companies like STAGE

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

[**Kaminashi** $14M · Oct 2026](https://millionrounds.com/company/kaminashi)[**Chariot Claims** $23M · Oct 2026](https://millionrounds.com/company/chariot-claims)[**Subeca** $9.0M · Oct 2026](https://millionrounds.com/company/subeca)[**FlexCompute** $53M · Oct 2026](https://millionrounds.com/company/flexcompute)[**OllyGarden** $5.6M · Oct 2026](https://millionrounds.com/company/ollygarden)[**StarLifter** $4.0M · Oct 2026](https://millionrounds.com/company/starlifter)

## Find investors like these

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