# SteelEye funding: rounds and investors

> SteelEye has raised $28M across 2 rounds since 2018. Investors include Illuminate Financial Management, Fidelity and Eight Roads Ventures.

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

United Kingdom · [Series B startup](https://millionrounds.com/companies)

# Who invested in *SteelEye*

2 rounds we have observed, with the 4 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.

Big Data & Analytics Fintech

Funding summary Updated 26 Oct 2026

**$28M** raised across 2 rounds since 2018, from 2 sources

**$7.3M** Round **$21M** Series B

- **Latest round:** Series B, $21M Sept 2022
- **Step-up i:** 2.9×
- **Investors:** 4 (1 led)

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.

2019 2020 2021 2022

**$7.3M** Round

**$21M** Series B

- **First round:** Round, $7.3M
- **Biggest round:** $21M
- **Between rounds:** 3.8 years

## The rounds

- **Sept 2022** Series B **$21M** *3 new* *1 returning* [Fidelity](https://millionrounds.com/fund/fidelity) [Eight Roads Ventures](https://millionrounds.com/fund/eight-roads) [Luminate](https://millionrounds.com/fund/luminate-accelerator) [Illuminate Financial Management](https://millionrounds.com/fund/illuminate-financial) Source recorded
- **Nov 2018** Round **$7.3M** *1 new* [Illuminate Financial Management](https://millionrounds.com/fund/illuminate-financial) Lead Reported by Fstech

## Funding filed with regulators

SteelEye filed one raise, $21M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Aug 2022 **$21M** UK share allotment

## Founders and team

From SteelEye's own website: 6 on the team.

- **Matt Smith** Chief Executive Officer
- **David Haines** Chief Technology Officer
- **Duncan Stuart-Reid** Chief Operating Officer
- **Matt Storey** Chief Product Officer
- **Rob Bernstein** Chief Financial Officer
- **Jo Crockford** Global Head of People and Culture

## 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.

**Round** 2018 **Series B** 2022 [Illuminate Financial Management](https://millionrounds.com/fund/illuminate-financial) L [Fidelity](https://millionrounds.com/fund/fidelity) [Eight Roads Ventures](https://millionrounds.com/fund/eight-roads) [Luminate](https://millionrounds.com/fund/luminate-accelerator)

## Everyone who backed them

[Illuminate Financial Management](https://millionrounds.com/fund/illuminate-financial) VC firm **2** rounds, led 1

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

[Eight Roads Ventures](https://millionrounds.com/fund/eight-roads) VC firm **1** round

[Luminate](https://millionrounds.com/fund/luminate-accelerator) Accelerator **1** round

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

## Also claim to have backed them

These 2 firms list SteelEye 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.

[Oryx Fund](https://millionrounds.com/fund/oryx-fund) VC firm Per its own site

[Hambro Perks](https://millionrounds.com/fund/hambro-perks) VC firm Per its own site

## Quick answers about SteelEye

### Who invested in SteelEye?

SteelEye's investors include Illuminate Financial Management, Fidelity, Eight Roads Ventures and Luminate.

### How much has SteelEye raised?

SteelEye has raised $28M across 2 rounds since 2018.

### When did SteelEye last raise?

SteelEye's most recent round was a Series B of $21M in Sept 2022.

### What was SteelEye's biggest round?

Its most recent round, $21M in Sept 2022, is also its largest on record.

### Who backed SteelEye first?

SteelEye's first round on record, in Nov 2018, was backed by Illuminate Financial Management.

### What stage is SteelEye at?

SteelEye's latest named round is a Series B, in Sept 2022.

### Where is SteelEye based?

SteelEye is based in the United Kingdom.

### Who led SteelEye's rounds?

Illuminate Financial Management led the Undisclosed round in 2018.

## Companies like SteelEye

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

[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Reactive Markets** Oct 2026](https://millionrounds.com/company/reactive-markets)[**Salience Labs** $169M · Oct 2026](https://millionrounds.com/company/salience-labs)[**Affinity Labs** $3.2M · Oct 2026](https://millionrounds.com/company/affinity-labs)[**Alchera Technologies** $3.7M · Oct 2026](https://millionrounds.com/company/alchera-technologies)[**IMMIX** $6.2M · Oct 2026](https://millionrounds.com/company/immix)

## Find investors like these

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