# StepOut funding: rounds and investors

> StepOut has raised $1.8M across 3 rounds since 2008. Investors include Techstars, Rainmatter by Zerodha and Nihal Mehta. Every round with its source.

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

United States · [Seed startup](https://millionrounds.com/companies)

# 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.

AI

Funding summary Updated 26 Oct 2026

**$1.8M** raised across 3 rounds since 2008, from 3 sources

**$1.2M** Seed **$147K** Debt **$500K** Seed

- **Latest round:** Seed, $500K Mar 2025
- **Biggest round:** $1.2M Seed · Jan 2008
- **Step-up i:** 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.

2008 2011 2014 2017 2020 2023

**$1.2M** Seed

**$147K** Debt

**$500K** Seed

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

## The rounds

- **Mar 2025** Seed **$500K** *1 new* [Rainmatter by Zerodha](https://millionrounds.com/fund/rainmatter-by-zerodha) Source recorded
- **Oct 2010** Debt **$147K** No investor was named in the report. From a historical funding record
- **Jan 2008** Seed **$1.2M** *2 new* [Techstars](https://millionrounds.com/fund/techstars) [Nihal Mehta](https://millionrounds.com/fund/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.

**Seed** 2008 **Debt** 2010 **Seed** 2025 [Techstars](https://millionrounds.com/fund/techstars) [Rainmatter by Zerodha](https://millionrounds.com/fund/rainmatter-by-zerodha) [Nihal Mehta](https://millionrounds.com/fund/nihal-mehta)

## The exit

Exit Buyer Price When

Acquired Massive Media undisclosed Sept 2013

From historical deal records. Wrong? [Tell us](https://millionrounds.com/corrections?slug=stepout).

## Everyone who backed them

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

[Rainmatter by Zerodha](https://millionrounds.com/fund/rainmatter-by-zerodha) Corporate VC **1** round

[Nihal Mehta](https://millionrounds.com/fund/nihal-mehta) VC firm **1** round

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

## 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.

[SucSEED Indovation](https://millionrounds.com/fund/sucseed-indovation) Corporate VC Per its own site

## Quick answers about StepOut

### Who invested in StepOut?

StepOut's investors include Techstars, Rainmatter by Zerodha and Nihal Mehta.

### How much has StepOut raised?

StepOut has raised $1.8M across 3 rounds since 2008.

### When did StepOut last raise?

StepOut's most recent round was a Seed of $500K in Mar 2025.

### What was StepOut's biggest round?

StepOut's largest round on record is $1.2M (Seed), in Jan 2008.

### Who backed StepOut first?

StepOut's first round on record, in Jan 2008, was backed by Techstars and Nihal Mehta.

### What stage is StepOut at?

StepOut's latest named round is a Seed, in Mar 2025.

### Where is StepOut based?

StepOut is based in the United States.

## Companies like StepOut

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

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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