United States · Funded startup

Who invested in System1

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.

Advertising & AdtechMartech

Raised 5 months ago

Funding summaryUpdated 26 Oct 2026

$820Mraised across 3 rounds since 2017, from 3 sources

$270MRound$400MDebt$150MDebt
Latest round
Debt, $150MJun 2026
Biggest round
$400MDebt · Jan 2022
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.

2019202120232025
$270MRound$400MDebt$150MDebt
First round
Round, $270M
Sept 2017
Biggest round
$400M
Debt · Jan 2022
Usual gap between rounds
4.4 years
the median of 2

The rounds

  1. Jun 2026
    Debt$150M1 returning

    Source recorded

  2. Jan 2022
    Debt$400M1 new

    Source recorded

  3. Sept 2017
    Round$270M1 new

    Reported by FinSMEs

Founders and team

From System1's own website: 8 on the team.

  • Michael BlendChief Executive Officer
  • Chuck UrsiniPresident
  • Avi RajuChief Product Officer
  • Beth SestanovichChief People Officer
  • Brian CoppolaChief Ad Operations Officer
  • Chris TestaChief Technology Officer
  • Tridivesh KidambiChief Financial Officer
  • Daniel WeinrotGeneral Counsel

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.

Everyone who backed them

Raine VenturesVC firm2rounds
Court Square Capital PartnersPrivate equity1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about System1

Who invested in System1?

System1's investors include Raine Ventures and Court Square Capital Partners.

How much has System1 raised?

System1 has raised $820M across 3 rounds since 2017.

When did System1 last raise?

System1's most recent round was a Debt of $150M in Jun 2026.

What was System1's biggest round?

System1's largest round on record is $400M (Debt), in Jan 2022.

Who backed System1 first?

System1's first round on record, in Sept 2017, was backed by Court Square Capital Partners.

What stage is System1 at?

System1's latest named round is a Debt, in Jun 2026.

Where is System1 based?

System1 is based in the United States.

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