# Toss funding: rounds and investors > Toss has raised $184M across 3 rounds since 2018. Investors include Goodwater Capital, Kleiner Perkins and GIC. Every round with its source. Source: https://millionrounds.com/company/toss (Millionrounds; every figure on the page links to its filing or article) South Korea · [Funded startup](https://millionrounds.com/companies) # Who invested in *Toss* 3 rounds we have observed, with the 13 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. Fintech Valuation: $7.0B, Mar 2026 Funding summary Updated 26 Oct 2026 **$184M** raised across 3 rounds since 2018, from 3 sources **$40M** Round **$80M** Round **$64M** Round - **Latest round:** Round, $64M Aug 2019 - **Led by:** Aspex Management - **Biggest round:** $80M Round · Dec 2018 - **Investors:** 13 (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. 2019 **$40M** Round **$80M** Round **$64M** Round - **First round:** Round, $40M - **Biggest round:** $80M - **Usual gap between rounds:** 8 months ## The rounds - **Aug 2019** Round **$64M** *3 new* *4 returning* Aspex Management Lead [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) [Altos Ventures](https://millionrounds.com/fund/altos-ventures) [GIC](https://millionrounds.com/fund/gic) [Sequoia Capital China](https://millionrounds.com/fund/sequoia-capital-china) Reported by DealStreetAsia - **Dec 2018** Round **$80M** *8 new* [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) [Qualcomm](https://millionrounds.com/fund/qualcomm) [Bessemer](https://millionrounds.com/fund/bessemer) [PayPal Ventures](https://millionrounds.com/fund/paypal-ventures) [KTB](https://millionrounds.com/fund/ktb) Novel Ribbit Capital/ Altos Reported by TechCrunch - **Jun 2018** Round **$40M** *2 new* [GIC](https://millionrounds.com/fund/gic) [Sequoia Capital China](https://millionrounds.com/fund/sequoia-capital-china) Reported by FinSMEs ## 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. **Round** 2018 **Round** 2018 **Round** 2019 [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) [GIC](https://millionrounds.com/fund/gic) [Sequoia Capital China](https://millionrounds.com/fund/sequoia-capital-china) Aspex Management L [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [Altos Ventures](https://millionrounds.com/fund/altos-ventures) [Qualcomm](https://millionrounds.com/fund/qualcomm) [Bessemer](https://millionrounds.com/fund/bessemer) [PayPal Ventures](https://millionrounds.com/fund/paypal-ventures) ## Everyone who backed them [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) VC firm **2** rounds [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) VC firm **2** rounds [GIC](https://millionrounds.com/fund/gic) Private equity **2** rounds [Sequoia Capital China](https://millionrounds.com/fund/sequoia-capital-china) VC firm **2** rounds Aspex Management no record of our own yet **1** round, led 1 [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) VC firm **1** round [Altos Ventures](https://millionrounds.com/fund/altos-ventures) VC firm **1** round [Qualcomm](https://millionrounds.com/fund/qualcomm) Corporate VC **1** round [Bessemer](https://millionrounds.com/fund/bessemer) VC firm **1** round [PayPal Ventures](https://millionrounds.com/fund/paypal-ventures) Corporate VC **1** round [KTB](https://millionrounds.com/fund/ktb) Investment firm **1** round Novel no record of our own yet **1** round Ribbit Capital/ Altos 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=toss). ## Also claim to have backed them These 11 firms list Toss 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. [Alkeon Capital](https://millionrounds.com/fund/alkeon-capital) VC firm Per its own site [Light Street Capital](https://millionrounds.com/fund/light-street-capital) VC firm Per its own site [Binary Capital](https://millionrounds.com/fund/binary-capital) VC firm Per its own site [Galdana Ventures](https://millionrounds.com/fund/galdana-ventures) Fund of funds Per its own site [Invariantes Fund](https://millionrounds.com/fund/invariantes-fund) VC firm Per its own site [Saehan Venture Capital](https://millionrounds.com/fund/saehan-venture-capital) VC firm Per its own site [Future Focus Club](https://millionrounds.com/fund/future-focus-club) Investment firm Per its own site [Global Alternative Investment Management](https://millionrounds.com/fund/global-alternative-investment-management) VC firm Per its own site [Prosto VC](https://millionrounds.com/fund/prosto-vc) Angel network Per its own site [Selective VC](https://millionrounds.com/fund/selective-vc) VC firm Per its own site [Unicorn Capital Partners %e7%8d%a8%e7%a7%80%e8%b3%87%e6%9c%ac](https://millionrounds.com/fund/unicorn-capital-partners) Fund of funds Per its own site ## Quick answers about Toss ### Who invested in Toss? Toss's investors include Goodwater Capital, Kleiner Perkins, GIC, Sequoia Capital China and Aspex Management, and 8 more on record. Aspex Management led its latest round. ### How much has Toss raised? Toss has raised $184M across 3 rounds since 2018. ### When did Toss last raise? Toss's most recent round was an Undisclosed round of $64M in Aug 2019, led by Aspex Management. ### What was Toss's biggest round? Toss's largest round on record is $80M (Undisclosed round), in Dec 2018. ### Who backed Toss first? Toss's first round on record, in Jun 2018, was backed by GIC and Sequoia Capital China. ### What stage is Toss at? Toss's latest named round is an Undisclosed round, in Aug 2019. ### Where is Toss based? Toss is based in South Korea. ### Who led Toss's rounds? Aspex Management led the Undisclosed round in 2019. ## Companies like Toss In the same sector, and raised in the last eighteen months. [**CrePASS** Jul 2025](https://millionrounds.com/company/crepass)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Ghanem** $1.5M · Oct 2026](https://millionrounds.com/company/ghanem)[**Cashin** $404K · Oct 2026](https://millionrounds.com/company/cashin)[**Cashbanx** $4.1M · Oct 2026](https://millionrounds.com/company/cashbanx) ## 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