# StrongDM funding: rounds and investors

> StrongDM has raised $39M across 4 rounds since 2015. Investors include True Ventures, Bloomberg Beta and Sequoia Capital. Every round with its source.

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

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

# Who invested in *StrongDM*

4 rounds we have observed, with the 9 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.

Cybersecurity

Funding summary Updated 26 Oct 2026

**$39M** raised across 4 rounds since 2015, from 4 sources

**$800K** Seed **$3.0M** Round **$1.0M** Round **$34M** Series C

- **Latest round:** Series C, $34M May 2024
- **Step-up i:** 34×
- **Investors:** 9

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.

2015 2017 2019 2021 2023

**$800K** Seed

**$3.0M** Round

**$1.0M** Round

**$34M** Series C

- **First round:** Seed, $800K
- **Biggest round:** $34M
- **Usual gap between rounds:** 22 months

## The rounds

- **May 2024** Series C **$34M** *5 new* *2 returning* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [DCVC](https://millionrounds.com/fund/data-collective) [True Ventures](https://millionrounds.com/fund/true-ventures-2) [Quiet Capital](https://millionrounds.com/fund/quiet-capital) [Bloomberg Beta](https://millionrounds.com/fund/bloomberg-beta) [Cisco Investments](https://millionrounds.com/fund/cisco-investments) Source recorded
- **Oct 2018** Round **$1.0M** No investor was named in the report. Reported by FinSMEs
- **Dec 2016** Round **$3.0M** *1 new* [True Ventures](https://millionrounds.com/fund/true-ventures-2) Reported by TechCrunch
- **May 2015** Seed **$800K** *3 new* [Social Starts](https://millionrounds.com/fund/social-starts) [Bloomberg Beta](https://millionrounds.com/fund/bloomberg-beta) [New York Venture Partners](https://millionrounds.com/fund/new-york-venture-partners-nyvp) From a historical funding record SEC filing: $720K sold, first sale Apr 2015

## Founders and team

From StrongDM's own website and the SEC filings it signed: 5 on the team.

- **Wes Tanner** VP Engineering, Zefr
- **David Krutsko** Staff Infrastructure Engineer, StackAdapt
- **Elizabeth Joy Zalman** Executive Officer, Director i
- **Justin Allan McCarthy** Executive Officer i
- **Schuyler Chapin Brown** Executive Officer, Director i

On the board, as filed i *Phil Allan Black*

## 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** 2015 **Round** 2016 **Round** 2018 **Series C** 2024 [True Ventures](https://millionrounds.com/fund/true-ventures-2) [Bloomberg Beta](https://millionrounds.com/fund/bloomberg-beta) [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [DCVC](https://millionrounds.com/fund/data-collective) [Social Starts](https://millionrounds.com/fund/social-starts) [Quiet Capital](https://millionrounds.com/fund/quiet-capital) [Cisco Investments](https://millionrounds.com/fund/cisco-investments) [New York Venture Partners](https://millionrounds.com/fund/new-york-venture-partners-nyvp)

## Everyone who backed them

[True Ventures](https://millionrounds.com/fund/true-ventures-2) VC firm **2** rounds

[Bloomberg Beta](https://millionrounds.com/fund/bloomberg-beta) VC firm **2** rounds

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **1** round

[Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) VC firm **1** round

[DCVC](https://millionrounds.com/fund/data-collective) VC firm **1** round

[Social Starts](https://millionrounds.com/fund/social-starts) VC firm **1** round

[Quiet Capital](https://millionrounds.com/fund/quiet-capital) VC firm **1** round

[Cisco Investments](https://millionrounds.com/fund/cisco-investments) Corporate VC **1** round

[New York Venture Partners](https://millionrounds.com/fund/new-york-venture-partners-nyvp) Family office **1** round

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

## Also claim to have backed them

These 2 firms list StrongDM 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.

[Frontline Ventures](https://millionrounds.com/fund/frontline-ventures) VC firm Per its own site

[Singtel Innov8](https://millionrounds.com/fund/singtel-innov8) Corporate VC Per its own site

## Quick answers about StrongDM

### Who invested in StrongDM?

StrongDM's investors include True Ventures, Bloomberg Beta, Sequoia Capital, Tiger Global Management and DCVC, and 4 more on record.

### How much has StrongDM raised?

StrongDM has raised $39M across 4 rounds since 2015.

### When did StrongDM last raise?

StrongDM's most recent round was a Series C of $34M in May 2024.

### What was StrongDM's biggest round?

Its most recent round, $34M in May 2024, is also its largest on record.

### Who backed StrongDM first?

StrongDM's first round on record, in May 2015, was backed by Social Starts, Bloomberg Beta and New York Venture Partners.

### What stage is StrongDM at?

StrongDM's latest named round is a Series C, in May 2024.

### Where is StrongDM based?

StrongDM is based in the United States.

## Companies like StrongDM

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

[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Opsin** $21M · Oct 2026](https://millionrounds.com/company/opsin)[**Harmonic Security** $68M · Oct 2026](https://millionrounds.com/company/harmonic-security)[**Reach Security** $60M · Oct 2026](https://millionrounds.com/company/reach-security)[**Persona** $210M · Oct 2026](https://millionrounds.com/company/persona)[**Hilt** $4.7M · Oct 2026](https://millionrounds.com/company/hilt)

## 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
