# Subly funding: rounds and investors

> Subly has raised $2.7M across 3 rounds since 2021. Investors include Innovate UK and Loyal VC. Every round with its source.

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

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

# Who invested in *Subly*

3 rounds we have observed, with the 2 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

**$2.7M** raised across 3 rounds since 2021, from 3 sources

**$239K** Round **$259K** Round **$2.2M** Seed

- **Latest round:** Seed, $2.2M Dec 2024
- **Step-up i:** 8.5×
- **Investors:** 2

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.

2022 2023 2024

**$239K** Round

**$259K** Round

**$2.2M** Seed

- **First round:** Round, $239K
- **Biggest round:** $2.2M
- **Usual gap between rounds:** 3.3 years

## The rounds

- **Dec 2024** Seed **$2.2M** *2 new* [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Loyal VC](https://millionrounds.com/fund/loyal-vc) Source recorded
- **Aug 2024** Round **$259K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **May 2021** Round **$239K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

Subly filed 2 raises, $498K in all. Filings say how much was sold and to how many investors; they never name the investors.

- Aug 2024 **$259K** UK share allotment
- May 2021 **$239K** UK share allotment

## Founders and team

From Subly's own website: 1 founder, 1 on the team.

**Holly Stephens** CEO & Founder

- **Gemma Roberts** COO

## 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.

**Round** 2021 **Round** 2024 **Seed** 2024 [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Loyal VC](https://millionrounds.com/fund/loyal-vc)

## Everyone who backed them

[Innovate UK](https://millionrounds.com/fund/innovate-uk) VC firm **1** round

[Loyal VC](https://millionrounds.com/fund/loyal-vc) VC firm **1** round

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

## Quick answers about Subly

### Who invested in Subly?

Subly's investors include Innovate UK and Loyal VC.

### How much has Subly raised?

Subly has raised $2.7M across 3 rounds since 2021.

### When did Subly last raise?

Subly's most recent round was a Seed of $2.2M in Dec 2024.

### What was Subly's biggest round?

Its most recent round, $2.2M in Dec 2024, is also its largest on record.

### Who backed Subly first?

Subly's first round on record, in Dec 2024, was backed by Innovate UK and Loyal VC.

### What stage is Subly at?

Subly's latest named round is a Seed, in Dec 2024.

### Where is Subly based?

Subly is based in the United Kingdom.

## Companies like Subly

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

[**Marrow** $2.0M · Oct 2026](https://millionrounds.com/company/marrow)[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Opply** $23M · Oct 2026](https://millionrounds.com/company/opply)[**XRlabs** $8.4M · Oct 2026](https://millionrounds.com/company/xrlabs)[**Salience Labs** $169M · Oct 2026](https://millionrounds.com/company/salience-labs)[**Affinity Labs** $3.2M · Oct 2026](https://millionrounds.com/company/affinity-labs)

## Find investors like these

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