# Stepful funding: rounds and investors > Stepful has raised $118M across 3 rounds since 2024. Investors include Y Combinator, Oak HC/FT and Reach. Every round with its source. Source: https://millionrounds.com/company/stepful (Millionrounds; every figure on the page links to its filing or article) United States · [Series C startup](https://millionrounds.com/companies) # 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. AI Edtech Future of Work Healthcare Raised 5 months ago Y Combinator: S21 Follow Stepful and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fstepful) Funding summary Updated 5 Nov 2026 **$118M** raised across 3 rounds since 2024, from 4 sources **$32M** Series B **$32M** Series C **$55M** Series C - **Latest round:** Series C, $55M Jun 2026 - **Led by:** Oak HC/FT - **Step-up i:** 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. 2025 2026 **$32M** Series B **$32M** Series C **$55M** Series C - **First round:** Series B, $32M - **Biggest round:** $55M - **Between rounds:** 19 months ## The rounds - **Jun 2026** Series C **$55M** *6 new* *2 returning* [Oak HC/FT](https://millionrounds.com/fund/oak-hc-ft) Lead [Y Combinator](https://millionrounds.com/fund/y-combinator) [Hearst Ventures](https://millionrounds.com/fund/hearst-ventures) [Foresite Capital](https://millionrounds.com/fund/forsite-capital) [SemperVirens](https://millionrounds.com/fund/sempervirens) [Citigroup](https://millionrounds.com/fund/citi-impact-fund) [ECMC Education Impact Fund](https://millionrounds.com/fund/ecmc-education-impact-fund) [Intermountain Health](https://millionrounds.com/fund/intermountain-health) Reported by Ventureburn and 1 other - **Jun 2026** Series C **$32M** *3 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Reach](https://millionrounds.com/fund/reach) [Company Ventures](https://millionrounds.com/fund/ag-ventures) Source recorded - **Nov 2024** Series B **$32M** *5 new* [Oak HC/FT](https://millionrounds.com/fund/oak-hc-ft) Lead [Y Combinator](https://millionrounds.com/fund/y-combinator) [Reach](https://millionrounds.com/fund/reach) [AlleyCorp](https://millionrounds.com/fund/alleycorp) [Company Ventures](https://millionrounds.com/fund/ag-ventures) Reported by TechCrunch ## 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. - Sept 2023 **$12M** 7 investors equity of $12M offered SEC Form D - Jun 2022 **$4.9M** 4 investors equity of $5.0M offered SEC Form D - Aug 2021 **$1.9M** 18 investors equity, debt SEC Form D ## Founders and team From the SEC filings it signed: 1 on the team. - **Cartl Madi** Executive Officer, Director i On the board, as filed i *Chian Gong* *Edoardo Serra* *Tanya Beja* *Tressia Hobeika* *Wanda 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. **Series B** 2024 **Series C** 2026 **Series C** 2026 [Y Combinator](https://millionrounds.com/fund/y-combinator) [Oak HC/FT](https://millionrounds.com/fund/oak-hc-ft) L L [Reach](https://millionrounds.com/fund/reach) [Company Ventures](https://millionrounds.com/fund/ag-ventures) [Hearst Ventures](https://millionrounds.com/fund/hearst-ventures) [AlleyCorp](https://millionrounds.com/fund/alleycorp) [Foresite Capital](https://millionrounds.com/fund/forsite-capital) [SemperVirens](https://millionrounds.com/fund/sempervirens) [Citigroup](https://millionrounds.com/fund/citi-impact-fund) [ECMC Education Impact Fund](https://millionrounds.com/fund/ecmc-education-impact-fund) ## Everyone who backed them [Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **3** rounds [Oak HC/FT](https://millionrounds.com/fund/oak-hc-ft) VC firm **2** rounds, led 2 [Reach](https://millionrounds.com/fund/reach) VC firm **2** rounds [Company Ventures](https://millionrounds.com/fund/ag-ventures) VC firm **2** rounds [Hearst Ventures](https://millionrounds.com/fund/hearst-ventures) VC firm **1** round [AlleyCorp](https://millionrounds.com/fund/alleycorp) Venture studio **1** round [Foresite Capital](https://millionrounds.com/fund/forsite-capital) Private equity **1** round [SemperVirens](https://millionrounds.com/fund/sempervirens) VC firm **1** round [Citigroup](https://millionrounds.com/fund/citi-impact-fund) VC firm **1** round [ECMC Education Impact Fund](https://millionrounds.com/fund/ecmc-education-impact-fund) Growth equity **1** round [Intermountain Health](https://millionrounds.com/fund/intermountain-health) Growth equity **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=stepful). ## 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 Ventures](https://millionrounds.com/fund/company-ventures) VC firm Per its own site [SemperVirens Venture Capital](https://millionrounds.com/fund/sempervirens-venture-capital) VC firm Per its own site [Equal Opportunity Ventures](https://millionrounds.com/fund/equal-opportunity-ventures) VC firm Per 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. ## Companies like Stepful In the same sector, and raised in the last eighteen months. [**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app