# Swivel Finance funding: rounds and investors

> Swivel Finance has raised $4.7M across 2 rounds since 2020. Investors include Multicoin Capital, Electric Capital and GSR. Every round with its source.

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

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

# Who invested in *Swivel Finance*

2 rounds we have observed, with the 14 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.

DeFi Fintech Web3 & Crypto

Funding summary Updated 26 Oct 2026

**$4.7M** raised across 2 rounds since 2020, from 2 sources

**$1.1M** Seed **$3.5M** Series A

- **Latest round:** Series A, $3.5M Oct 2021
- **Step-up i:** 3×
- **Investors:** 14 (1 led)

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.

2021

**$1.1M** Seed

**$3.5M** Series A

- **First round:** Seed, $1.1M
- **Biggest round:** $3.5M
- **Between rounds:** 10 months

## The rounds

- **Oct 2021** Series A **$3.5M** *3 new* *2 returning* [GSR](https://millionrounds.com/fund/gsr) [CMT Digital](https://millionrounds.com/fund/cmt-digital) [Multicoin Capital](https://millionrounds.com/fund/multicoin-capital) [OKX Ventures](https://millionrounds.com/fund/okx-ventures) [Electric Capital](https://millionrounds.com/fund/electric-capital) Source recorded
- **Dec 2020** Seed **$1.1M** *11 new* [Multicoin Capital](https://millionrounds.com/fund/multicoin-capital) Lead [Electric Capital](https://millionrounds.com/fund/electric-capital) [CMS Holdings](https://millionrounds.com/fund/cms-holdings) [DeFiance Capital](https://millionrounds.com/fund/defiance-capital) [Stani Kulechov](https://millionrounds.com/fund/stani-kulechov) [Alex Pack](https://millionrounds.com/fund/alex-pack) [Ash Egan](https://millionrounds.com/fund/ash-egan) [Divergence Ventures](https://millionrounds.com/fund/divergence-ventures) [Imran Khan](https://millionrounds.com/fund/imran-khan) [Qiao Wang](https://millionrounds.com/fund/qiao-wang) [Thomas Klocanas](https://millionrounds.com/fund/thomas-klocanas) Reported by Multicoin Capital

## 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** 2020 **Series A** 2021 [Multicoin Capital](https://millionrounds.com/fund/multicoin-capital) L [Electric Capital](https://millionrounds.com/fund/electric-capital) [GSR](https://millionrounds.com/fund/gsr) [CMT Digital](https://millionrounds.com/fund/cmt-digital) [OKX Ventures](https://millionrounds.com/fund/okx-ventures) [CMS Holdings](https://millionrounds.com/fund/cms-holdings) [DeFiance Capital](https://millionrounds.com/fund/defiance-capital) [Stani Kulechov](https://millionrounds.com/fund/stani-kulechov) [Alex Pack](https://millionrounds.com/fund/alex-pack) [Ash Egan](https://millionrounds.com/fund/ash-egan)

## Everyone who backed them

[Multicoin Capital](https://millionrounds.com/fund/multicoin-capital) VC firm **2** rounds, led 1

[Electric Capital](https://millionrounds.com/fund/electric-capital) VC firm **2** rounds

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

[CMT Digital](https://millionrounds.com/fund/cmt-digital) VC firm **1** round

[OKX Ventures](https://millionrounds.com/fund/okx-ventures) Corporate VC **1** round

[CMS Holdings](https://millionrounds.com/fund/cms-holdings) Private equity **1** round

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

[Stani Kulechov](https://millionrounds.com/fund/stani-kulechov) Company **1** round

[Alex Pack](https://millionrounds.com/fund/alex-pack) Angel **1** round

[Ash Egan](https://millionrounds.com/fund/ash-egan) Angel **1** round

[Divergence Ventures](https://millionrounds.com/fund/divergence-ventures) VC firm **1** round

[Imran Khan](https://millionrounds.com/fund/imran-khan) Angel **1** round

[Qiao Wang](https://millionrounds.com/fund/qiao-wang) Angel **1** round

[Thomas Klocanas](https://millionrounds.com/fund/thomas-klocanas) Angel **1** round

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

## Also claim to have backed them

This firm lists Swivel Finance 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.

[Triblock](https://millionrounds.com/fund/triblock) VC firm Per its own site

## Quick answers about Swivel Finance

### Who invested in Swivel Finance?

Swivel Finance's investors include Multicoin Capital, Electric Capital, GSR, CMT Digital and OKX Ventures, and 9 more on record.

### How much has Swivel Finance raised?

Swivel Finance has raised $4.7M across 2 rounds since 2020.

### When did Swivel Finance last raise?

Swivel Finance's most recent round was a Series A of $3.5M in Oct 2021.

### What was Swivel Finance's biggest round?

Its most recent round, $3.5M in Oct 2021, is also its largest on record.

### Who backed Swivel Finance first?

Swivel Finance's first round on record, in Dec 2020, was backed by Multicoin Capital, Electric Capital and CMS Holdings and 8 others.

### What stage is Swivel Finance at?

Swivel Finance's latest named round is a Series A, in Oct 2021.

### Where is Swivel Finance based?

Swivel Finance is based in the United States.

### Who led Swivel Finance's rounds?

Multicoin Capital led the Seed in 2020.

## Companies like Swivel Finance

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

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**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)

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