# System funding: rounds and investors

> System has raised $6.5M across 1 round since 2025. Investors include Lux Capital, True Ventures and Acrew Capital. Every round with its source.

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

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

# Who invested in *System*

One round we have observed, with the 3 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Internet

Raised 11 months ago

Funding summary Updated 26 Oct 2026

**$6.5M** raised across 1 round since 2025, from 1 source

- **Latest round:** Grant, $6.5M Dec 2025
- **Investors:** 3

See who backed them

## The rounds

- **Dec 2025** Grant **$6.5M** [Lux Capital](https://millionrounds.com/fund/lux-capital) [True Ventures](https://millionrounds.com/fund/true-ventures-2) [Acrew Capital](https://millionrounds.com/fund/acrew-capital) Source recorded

## Founders and team

From System's own website and the SEC filings it signed: 2 on the team.

- **Adam Bly** Executive Officer, Director i
- **Asad Khaliq** Board

On the board, as filed i *Josh Wolfe*

Advisers *Katherine Maher* *Lisa Strausfeld* *Phil Black* *Tom Glocer*

## Everyone who backed them

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

[True Ventures](https://millionrounds.com/fund/true-ventures-2) VC firm **1** round

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

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

## Quick answers about System

### Who invested in System?

System's investors include Lux Capital, True Ventures and Acrew Capital.

### How much has System raised?

System has raised $6.5M across 1 round since 2025.

### When did System last raise?

System's most recent round was a Grant of $6.5M in Dec 2025.

### What was System's biggest round?

Its most recent round, $6.5M in Dec 2025, is also its largest on record.

### Who backed System first?

System's first round on record, in Dec 2025, was backed by Lux Capital, True Ventures and Acrew Capital.

### What stage is System at?

System's latest named round is a Grant, in Dec 2025.

### Where is System based?

System is based in the United States.

## Companies like System

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

[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Tolan** $30M · Oct 2026](https://millionrounds.com/company/tolan)[**Welltory** $4.0M · Oct 2026](https://millionrounds.com/company/welltory)[**Overtime** $33M · Oct 2026](https://millionrounds.com/company/overtime)[**1World Online** $25M · Sept 2026](https://millionrounds.com/company/1world-online)[**Luminary** $194M · Sept 2026](https://millionrounds.com/company/luminary)

## 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