# Teal funding: rounds and investors

> Teal has raised $18M across 3 rounds since 2024. Investors include Passion Capital, Alumni Ventures and Gaingels. Every round with its source.

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

United Kingdom · [Pre-seed startup](https://millionrounds.com/companies)

# Who invested in *Teal*

3 rounds we have observed, with the 12 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.

Automotive & EVs Big Data & Analytics Fintech HR Tech

Funding summary Updated 26 Oct 2026

**$18M** raised across 3 rounds since 2024, from 3 sources

**$8.1M** Seed **$7.5M** Series A **$1.9M** Pre-seed

- **Latest round:** Pre-seed, $1.9M Jun 2025
- **Led by:** Passion Capital
- **Biggest round:** $8.1M Seed · May 2024
- **Investors:** 12 (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.

2025

**$8.1M** Seed

**$7.5M** Series A

**$1.9M** Pre-seed

- **First round:** Seed, $8.1M
- **Biggest round:** $8.1M
- **Usual gap between rounds:** 8 months

## The rounds

- **Jun 2025** Pre-seed **$1.9M** *3 new* [Passion Capital](https://millionrounds.com/fund/passion-capital) Lead [K Fund](https://millionrounds.com/fund/kfund) [ACF Investors](https://millionrounds.com/fund/acf-investors) Reported by Passion Capital
- **Jan 2025** Series A **$7.5M** *7 new* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Gaingels](https://millionrounds.com/fund/gaingels) [Flybridge](https://millionrounds.com/fund/flybridge) [Alpaca VC](https://millionrounds.com/fund/alpaca-vc) [Human Ventures](https://millionrounds.com/fund/human-ventures) [Gutter Capital](https://millionrounds.com/fund/gutter-capital) Aleph Source recorded SEC filing: $23M sold, first sale Nov 2024
- **May 2024** Seed **$8.1M** *2 new* [Basis Set Ventures](https://millionrounds.com/fund/basis-set-ventures) [Torch Capital](https://millionrounds.com/fund/torch-capital) Source recorded SEC filing: $7.5M sold, first sale Jun 2024

## 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** 2024 **Series A** 2025 **Pre-seed** 2025 [Passion Capital](https://millionrounds.com/fund/passion-capital) L [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Gaingels](https://millionrounds.com/fund/gaingels) [Flybridge](https://millionrounds.com/fund/flybridge) [K Fund](https://millionrounds.com/fund/kfund) [ACF Investors](https://millionrounds.com/fund/acf-investors) [Basis Set Ventures](https://millionrounds.com/fund/basis-set-ventures) [Alpaca VC](https://millionrounds.com/fund/alpaca-vc) [Torch Capital](https://millionrounds.com/fund/torch-capital) [Human Ventures](https://millionrounds.com/fund/human-ventures)

## Everyone who backed them

[Passion Capital](https://millionrounds.com/fund/passion-capital) VC firm **1** round, led 1

[Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round

[Gaingels](https://millionrounds.com/fund/gaingels) Private equity **1** round

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

[K Fund](https://millionrounds.com/fund/kfund) VC firm **1** round

[ACF Investors](https://millionrounds.com/fund/acf-investors) VC firm **1** round

[Basis Set Ventures](https://millionrounds.com/fund/basis-set-ventures) VC firm **1** round

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

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

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

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

Aleph no record of our own yet **1** round

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

## Quick answers about Teal

### Who invested in Teal?

Teal's investors include Passion Capital, Alumni Ventures, Gaingels, Flybridge and K Fund, and 7 more on record. Passion Capital led its latest round.

### How much has Teal raised?

Teal has raised $18M across 3 rounds since 2024.

### When did Teal last raise?

Teal's most recent round was a Pre-seed of $1.9M in Jun 2025, led by Passion Capital.

### What was Teal's biggest round?

Teal's largest round on record is $8.1M (Seed), in May 2024.

### Who backed Teal first?

Teal's first round on record, in May 2024, was backed by Basis Set Ventures and Torch Capital.

### What stage is Teal at?

Teal's latest named round is a Pre-seed, in Jun 2025.

### Where is Teal based?

Teal is based in the United Kingdom.

### Who led Teal's rounds?

Passion Capital led the Pre-seed in 2025.

## Companies like Teal

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

[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Go Eve** $6.1M · Oct 2026](https://millionrounds.com/company/go-eve)[**Reactive Markets** Oct 2026](https://millionrounds.com/company/reactive-markets)[**Salience Labs** $169M · Oct 2026](https://millionrounds.com/company/salience-labs)[**Affinity Labs** $3.2M · Oct 2026](https://millionrounds.com/company/affinity-labs)[**Alchera Technologies** $3.7M · Oct 2026](https://millionrounds.com/company/alchera-technologies)

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