Who invested in StepOut

3 rounds we have observed, with the 3 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.

Funding summaryUpdated 26 Oct 2026

$1.8Mraised across 3 rounds since 2008, from 3 sources

$1.2MSeed$147KDebt$500KSeed

Latest round: Seed, $500KMar 2025
Biggest round: $1.2MSeed · Jan 2008
Step-upi: 3.4×
Investors: 3

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.

200820112014201720202023

$1.2MSeed$147KDebt$500KSeed

First round: Seed, $1.2M
Biggest round: $1.2M
Usual gap between rounds: 14.4 years

The rounds

Mar 2025
Seed$500K1 new
- Rainmatter by Zerodha
Source recorded
Oct 2010
Debt$147K
No investor was named in the report.
From a historical funding record
Jan 2008
Seed$1.2M2 new
- Techstars
- Nihal Mehta
From a historical funding record

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.

Seed2008Debt2010Seed2025

Techstars

Rainmatter by ZerodhaNihal Mehta

The exit

ExitBuyerPriceWhen

AcquiredMassive MediaundisclosedSept 2013

From historical deal records. Wrong? Tell us.

Everyone who backed them

TechstarsVC firm1round

Rainmatter by ZerodhaCorporate VC1round

Nihal MehtaVC firm1round

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

Also claim to have backed them

This firm lists StepOut 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.