# Summer funding: rounds and investors > Summer has raised $60M across 3 rounds since 2019. Investors include QED Investors, Gaingels and Y Combinator. Every round with its source. Source: https://millionrounds.com/company/summer (Millionrounds; every figure on the page links to its filing or article) United States · [Venture startup](https://millionrounds.com/companies) # Who invested in *Summer* 3 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. Fintech HR Tech Funding summary Updated 26 Oct 2026 **$60M** raised across 3 rounds since 2019, from 3 sources **$10M** Series A **$50M** Debt - **Latest round:** Venture Apr 2025 - **Biggest round:** $50M Debt · Nov 2023 - **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. 2020 2021 2022 2023 2024 2025 **$10M** Series A **$50M** Debt **?** Venture - **First round:** Series A, $10M - **Biggest round:** $50M - **Usual gap between rounds:** 4.1 years ## The rounds - **Apr 2025** Venture **Amount undisclosed** *4 new* *2 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Gaingels](https://millionrounds.com/fund/gaingels) [Greycroft](https://millionrounds.com/fund/greycroft) [QED Investors](https://millionrounds.com/fund/qed-investors) [Flourish Ventures](https://millionrounds.com/fund/flourish-ventures-2) Source recorded SEC filing: $19M sold, first sale Apr 2025 - **Nov 2023** Debt **$50M** *4 new* *1 returning* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Gaingels](https://millionrounds.com/fund/gaingels) [QED Investors](https://millionrounds.com/fund/qed-investors) [Connecticut Innovations](https://millionrounds.com/fund/connecticut-innovations) Source recorded - **Sept 2019** Series A **$10M** *1 new* [QED Investors](https://millionrounds.com/fund/qed-investors) Reported by TechCrunch ## Founders and team From Summer's own website: 1 on the team. - **Dustin Abney** CEO ## 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 A** 2019 **Debt** 2023 **Venture** 2025 [QED Investors](https://millionrounds.com/fund/qed-investors) [Gaingels](https://millionrounds.com/fund/gaingels) [Y Combinator](https://millionrounds.com/fund/y-combinator) [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Greycroft](https://millionrounds.com/fund/greycroft) [Connecticut Innovations](https://millionrounds.com/fund/connecticut-innovations) [Flourish Ventures](https://millionrounds.com/fund/flourish-ventures-2) ## Everyone who backed them [QED Investors](https://millionrounds.com/fund/qed-investors) VC firm **3** rounds [Gaingels](https://millionrounds.com/fund/gaingels) Private equity **2** rounds [Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round [General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **1** round [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **1** round [Greycroft](https://millionrounds.com/fund/greycroft) VC firm **1** round [Connecticut Innovations](https://millionrounds.com/fund/connecticut-innovations) Government **1** round [Flourish Ventures](https://millionrounds.com/fund/flourish-ventures-2) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=summer). ## Quick answers about Summer ### Who invested in Summer? Summer's investors include QED Investors, Gaingels, Y Combinator, Alumni Ventures and General Catalyst, and 4 more on record. ### How much has Summer raised? Summer has raised $60M across 3 rounds since 2019. One round did not disclose an amount, so the total is a floor. ### When did Summer last raise? Summer's most recent round was a Venture in Apr 2025. ### What was Summer's biggest round? Summer's largest round on record is $50M (Debt), in Nov 2023. ### Who backed Summer first? Summer's first round on record, in Sept 2019, was backed by QED Investors. ### What stage is Summer at? Summer's latest named round is a Venture, in Apr 2025. ### Where is Summer based? Summer is based in the United States. ## Companies like Summer In the same sector, and raised in the last eighteen months. [**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**MURAL** $67M · Oct 2026](https://millionrounds.com/company/mural) ## 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