# The Graph funding: rounds and investors

> The Graph has raised $2.5M across 2 rounds since 2019. Investors include Multicoin Capital, Coinbase Ventures and South Park Commons.

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

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

# Who invested in *The Graph*

2 rounds we have observed, with the 5 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.

Web3 & Crypto

Funding summary Updated 26 Oct 2026

**$2.5M** raised across 2 rounds since 2019, from 2 sources

- **Latest round:** Venture Mar 2022
- **Biggest round:** $2.5M Seed · Feb 2019
- **Investors:** 5

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.

2019 2020 2021 2022

**$2.5M** Seed

**?** Venture

- **First round:** Seed, $2.5M
- **Biggest round:** $2.5M
- **Between rounds:** 3.1 years

## The rounds

- **Mar 2022** Venture **Amount undisclosed** *4 new* *1 returning* [Coinbase Ventures](https://millionrounds.com/fund/coinbase) [South Park Commons](https://millionrounds.com/fund/south-park-commons) [Framework Ventures](https://millionrounds.com/fund/framework-ventures) [Multicoin Capital](https://millionrounds.com/fund/multicoin-capital) [ParaFi Capital](https://millionrounds.com/fund/parafi) Source recorded
- **Feb 2019** Seed **$2.5M** *1 new* [Multicoin Capital](https://millionrounds.com/fund/multicoin-capital) Reported by Coindesk

## 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** 2019 **Venture** 2022 [Multicoin Capital](https://millionrounds.com/fund/multicoin-capital) [Coinbase Ventures](https://millionrounds.com/fund/coinbase) [South Park Commons](https://millionrounds.com/fund/south-park-commons) [Framework Ventures](https://millionrounds.com/fund/framework-ventures) [ParaFi Capital](https://millionrounds.com/fund/parafi)

## Everyone who backed them

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

[Coinbase Ventures](https://millionrounds.com/fund/coinbase) Corporate VC **1** round

[South Park Commons](https://millionrounds.com/fund/south-park-commons) Accelerator **1** round

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

[ParaFi Capital](https://millionrounds.com/fund/parafi) VC firm **1** round

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

## Also claim to have backed them

These 15 firms list The Graph as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Big Brain Holdings](https://millionrounds.com/fund/big-brain-holdings) VC firm Per its own site

[Compound](https://millionrounds.com/fund/compound-4) VC firm Per its own site

[Future Perfect Ventures](https://millionrounds.com/fund/future-perfect-ventures) VC firm Per its own site

[Andromeda Capital](https://millionrounds.com/fund/andromeda-capital) VC firm Per its own site

[Reciprocal Ventures](https://millionrounds.com/fund/reciprocal-ventures) VC firm Per its own site

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

[AGE Fund](https://millionrounds.com/fund/age-fund) VC firm Per its own site

[Brilliance 3.0](https://millionrounds.com/fund/brilliance-3-0) VC firm Per its own site

[Continue Capital](https://millionrounds.com/fund/continue-capital) VC firm Per its own site

[D1 Ventures](https://millionrounds.com/fund/d1-ventures) VC firm Per its own site

[DeepTech Ventures](https://millionrounds.com/fund/deeptech-ventures-2) Angel network Per its own site

[Genblock Capital](https://millionrounds.com/fund/genblock-capital) VC firm Per its own site

[Kernel (KERNEL Fellowship)](https://millionrounds.com/fund/kernel-kernel-fellowship) Angel Per its own site

[Spark Digital Capital](https://millionrounds.com/fund/spark-digital-capital) Family office Per its own site

[Zenith Ventures](https://millionrounds.com/fund/bollinger-investment-group) VC firm Per its own site

## Quick answers about The Graph

### Who invested in The Graph?

The Graph's investors include Multicoin Capital, Coinbase Ventures, South Park Commons, Framework Ventures and ParaFi Capital.

### How much has The Graph raised?

The Graph has raised $2.5M across 2 rounds since 2019. One round did not disclose an amount, so the total is a floor.

### When did The Graph last raise?

The Graph's most recent round was a Venture in Mar 2022.

### What was The Graph's biggest round?

The Graph's largest round on record is $2.5M (Seed), in Feb 2019.

### Who backed The Graph first?

The Graph's first round on record, in Feb 2019, was backed by Multicoin Capital.

### What stage is The Graph at?

The Graph's latest named round is a Venture, in Mar 2022.

### Where is The Graph based?

The Graph is based in the United States.

## Companies like The Graph

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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