# Townsquared funding: rounds and investors

> Townsquared has raised $16M across 2 rounds since 2014. Investors include Floodgate, August Capital and Sierra Ventures & Intuit. Every round with its source.

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

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

# Who invested in *Townsquared*

2 rounds we have observed, with the 3 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.

Internet Community

Funding summary Updated 26 Oct 2026

**$16M** raised across 2 rounds since 2014, from 2 sources

**$5.3M** Series A **$11M** Series B

- **Latest round:** Series B, $11M Aug 2016
- **Step-up i:** 2.1×
- **Investors:** 3

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.

2014 2015 2016

**$5.3M** Series A

**$11M** Series B

- **First round:** Series A, $5.3M
- **Biggest round:** $11M
- **Between rounds:** 2.4 years

## The rounds

- **Aug 2016** Series B **$11M** *1 new* Sierra Ventures & Intuit Reported by FinSMEs
- **Mar 2014** Series A **$5.3M** *2 new* [Floodgate](https://millionrounds.com/fund/floodgate) [August Capital](https://millionrounds.com/fund/august-capital) From a historical funding record SEC filing: $5.4M sold, first sale Feb 2014

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Nipul Patel** Executive Officer, Director i
- **Rohit Prakash** Executive Officer, Director i

## 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.

**Series A** 2014 **Series B** 2016 [Floodgate](https://millionrounds.com/fund/floodgate) [August Capital](https://millionrounds.com/fund/august-capital) Sierra Ventures & Intuit

## Everyone who backed them

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

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

Sierra Ventures & Intuit 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=townsquared).

## Quick answers about Townsquared

### Who invested in Townsquared?

Townsquared's investors include Floodgate, August Capital and Sierra Ventures & Intuit.

### How much has Townsquared raised?

Townsquared has raised $16M across 2 rounds since 2014.

### When did Townsquared last raise?

Townsquared's most recent round was a Series B of $11M in Aug 2016.

### What was Townsquared's biggest round?

Its most recent round, $11M in Aug 2016, is also its largest on record.

### Who backed Townsquared first?

Townsquared's first round on record, in Mar 2014, was backed by Floodgate and August Capital.

### What stage is Townsquared at?

Townsquared's latest named round is a Series B, in Aug 2016.

### Where is Townsquared based?

Townsquared is based in the United States.

## Companies like Townsquared

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

[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Tolan** $30M · Oct 2026](https://millionrounds.com/company/tolan)[**Welltory** $4.0M · Oct 2026](https://millionrounds.com/company/welltory)[**Overtime** $33M · Oct 2026](https://millionrounds.com/company/overtime)[**1World Online** $25M · Sept 2026](https://millionrounds.com/company/1world-online)[**Luminary** $194M · Sept 2026](https://millionrounds.com/company/luminary)

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