United States · Series C startup

Who invested in Stepful

3 rounds we have observed, with the 11 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.

AIEdtechFuture of WorkHealthcare

Raised 5 months agoY Combinator: S21

Funding summaryUpdated 5 Nov 2026

$118Mraised across 3 rounds since 2024, from 4 sources

$32MSeries B$32MSeries C$55MSeries C
Latest round
Series C, $55MJun 2026
Led by
Oak HC/FT
Step-upi
1.7×
Investors
11 (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.

20252026
$32MSeries B$32MSeries C$55MSeries C
First round
Series B, $32M
Nov 2024
Biggest round
$55M
Series C · Jun 2026
Between rounds
19 months
from the last two

The rounds

  1. Jun 2026
  2. Jun 2026
    Series C$32M3 returning

    Source recorded

  3. Nov 2024

Funding filed with regulators

Stepful filed 3 raises, $18M in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Sept 2023$12M7 investorsequityof $12M offeredSEC Form D
  2. Jun 2022$4.9M4 investorsequityof $5.0M offeredSEC Form D
  3. Aug 2021$1.9M18 investorsequity, debtSEC Form D

Founders and team

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

  • Cartl MadiExecutive Officer, Directori

On the board, as filediChian GongEdoardo SerraTanya BejaTressia HobeikaWanda Cole-Frieman

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.

Everyone who backed them

Y CombinatorAccelerator3rounds
Oak HC/FTVC firm2rounds, led 2
ReachVC firm2rounds
Company VenturesVC firm2rounds
Hearst VenturesVC firm1round
AlleyCorpVenture studio1round
Foresite CapitalPrivate equity1round
SemperVirensVC firm1round
CitigroupVC firm1round
ECMC Education Impact FundGrowth equity1round
Intermountain HealthGrowth equity1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 3 firms list Stepful 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.

Company VenturesVC firmPer its own site
SemperVirens Venture CapitalVC firmPer its own site
Equal Opportunity VenturesVC firmPer its own site

Quick answers about Stepful

Who invested in Stepful?

Stepful's investors include Y Combinator, Oak HC/FT, Reach, Company Ventures and Hearst Ventures, and 6 more on record. Oak HC/FT led its latest round.

How much has Stepful raised?

Stepful has raised $118M across 3 rounds since 2024.

When did Stepful last raise?

Stepful's most recent round was a Series C of $55M in Jun 2026, led by Oak HC/FT.

What was Stepful's biggest round?

Its most recent round, $55M in Jun 2026, is also its largest on record.

Who backed Stepful first?

Stepful's first round on record, in Nov 2024, was backed by Oak HC/FT, Y Combinator and Reach and 2 others.

What stage is Stepful at?

Stepful's latest named round is a Series C, in Jun 2026.

Where is Stepful based?

Stepful is based in the United States.

Who led Stepful's rounds?

Oak HC/FT led the Series B in 2024.

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