# Tessera funding: rounds and investors

> Tessera has raised $20M across 1 round since 2022. Investors include Paradigm, Robot Ventures and Variant. Every round with its source.

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

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

# Who invested in *Tessera*

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.

Web3 & Crypto

Funding summary Updated 26 Oct 2026

**$20M** raised across 1 round since 2022, from 1 source

- **Latest round:** Series A, $20M Aug 2022
- **Investors:** 3

See who backed them

## The rounds

- **Aug 2022** Series A **$20M** [Paradigm](https://millionrounds.com/fund/paradigm) [Robot Ventures](https://millionrounds.com/fund/robot-ventures) [Variant](https://millionrounds.com/fund/variant) Source recorded

## Founders and team

From Tessera's own website: 1 founder, 5 on the team.

**Lewis Fegan** CEO & Founder

- **Archie Reynolds** Head of Talent
- **Oliver Fegan** Head of Research & Operations
- **Abhishek Mahanti** Staff Software Engineer
- **Julien C.** Engineer
- **Tamar Weseley** Engineering Manager

Advisers *Emily Man* *Harry Ledley* *Patrick O'Neill*

## Everyone who backed them

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

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

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

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

## Also claim to have backed them

This firm lists Tessera 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.

[Alphabet Angels](https://millionrounds.com/fund/alphabet-angels) VC firm Per its own site

## Quick answers about Tessera

### Who invested in Tessera?

Tessera's investors include Paradigm, Robot Ventures and Variant.

### How much has Tessera raised?

Tessera has raised $20M across 1 round since 2022.

### When did Tessera last raise?

Tessera's most recent round was a Series A of $20M in Aug 2022.

### What was Tessera's biggest round?

Its most recent round, $20M in Aug 2022, is also its largest on record.

### Who backed Tessera first?

Tessera's first round on record, in Aug 2022, was backed by Paradigm, Robot Ventures and Variant.

### What stage is Tessera at?

Tessera's latest named round is a Series A, in Aug 2022.

### Where is Tessera based?

Tessera is based in the United States.

## Companies like Tessera

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

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**Binance.US** $300M · Oct 2026](https://millionrounds.com/company/binance-us)[**Fission** $10M · Oct 2026](https://millionrounds.com/company/fission)[**Ramp** $4.5B · Oct 2026](https://millionrounds.com/company/ramp)

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