# Trace Finance funding: rounds and investors > Trace Finance has raised $36M across 2 rounds since 2022. Investors include HOF Capital, MANTIS Venture Capital and Stellar Development Foundation. Source: https://millionrounds.com/company/trace-finance (Millionrounds; every figure on the page links to its filing or article) Brazil · [Series A startup](https://millionrounds.com/companies) # Who invested in *Trace Finance* 2 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. Construction Financial Services Fintech Raised 4 months ago Follow Trace Finance and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Ftrace-finance) Funding summary Updated 5 Nov 2026 **$36M** raised across 2 rounds since 2022, from 3 sources **$4.3M** Seed **$32M** Series A - **Latest round:** Series A, $32M Jun 2026 - **Led by:** CoinFund - **Step-up i:** 7.4× - **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. 2022 2023 2024 2025 2026 **$4.3M** Seed **$32M** Series A - **First round:** Seed, $4.3M - **Biggest round:** $32M - **Between rounds:** 4.4 years ## The rounds - **Jun 2026** Series A **$32M** *9 new* *3 returning* [CoinFund](https://millionrounds.com/fund/coinfund) Lead [FJ Labs](https://millionrounds.com/fund/fj-labs) [Coinbase Ventures](https://millionrounds.com/fund/coinbase) [Valor Capital Group](https://millionrounds.com/fund/valor-capital) [HOF Capital](https://millionrounds.com/fund/hof-capital) [MANTIS Venture Capital](https://millionrounds.com/fund/mantis-venture-capital) [SNZ Holding](https://millionrounds.com/fund/snz-capital) [Haun Ventures](https://millionrounds.com/fund/haun-ventures) [Stellar Development Foundation](https://millionrounds.com/fund/stellar-development-foundation) [Jump Crypto](https://millionrounds.com/fund/jump-crypto) [Paxos](https://millionrounds.com/fund/paxos) [Chainlink Labs](https://millionrounds.com/fund/chainlink-labs) Reported by LatamList and 1 other - **Feb 2022** Seed **$4.3M** *4 new* [HOF Capital](https://millionrounds.com/fund/hof-capital) [Magic Fund](https://millionrounds.com/fund/magic-fund) [MANTIS Venture Capital](https://millionrounds.com/fund/mantis-venture-capital) [Stellar Development Foundation](https://millionrounds.com/fund/stellar-development-foundation) Source recorded ## 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** 2022 **Series A** 2026 [HOF Capital](https://millionrounds.com/fund/hof-capital) [MANTIS Venture Capital](https://millionrounds.com/fund/mantis-venture-capital) [Stellar Development Foundation](https://millionrounds.com/fund/stellar-development-foundation) [CoinFund](https://millionrounds.com/fund/coinfund) L [FJ Labs](https://millionrounds.com/fund/fj-labs) [Coinbase Ventures](https://millionrounds.com/fund/coinbase) [Valor Capital Group](https://millionrounds.com/fund/valor-capital) [Magic Fund](https://millionrounds.com/fund/magic-fund) [SNZ Holding](https://millionrounds.com/fund/snz-capital) [Haun Ventures](https://millionrounds.com/fund/haun-ventures) ## Everyone who backed them [HOF Capital](https://millionrounds.com/fund/hof-capital) VC firm **2** rounds [MANTIS Venture Capital](https://millionrounds.com/fund/mantis-venture-capital) VC firm **2** rounds [Stellar Development Foundation](https://millionrounds.com/fund/stellar-development-foundation) Corporate VC **2** rounds [CoinFund](https://millionrounds.com/fund/coinfund) VC firm **1** round, led 1 [FJ Labs](https://millionrounds.com/fund/fj-labs) VC firm **1** round [Coinbase Ventures](https://millionrounds.com/fund/coinbase) Corporate VC **1** round [Valor Capital Group](https://millionrounds.com/fund/valor-capital) VC firm **1** round [Magic Fund](https://millionrounds.com/fund/magic-fund) VC firm **1** round [SNZ Holding](https://millionrounds.com/fund/snz-capital) VC firm **1** round [Haun Ventures](https://millionrounds.com/fund/haun-ventures) VC firm **1** round [Jump Crypto](https://millionrounds.com/fund/jump-crypto) Corporate VC **1** round [Paxos](https://millionrounds.com/fund/paxos) VC firm **1** round [Chainlink Labs](https://millionrounds.com/fund/chainlink-labs) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=trace-finance). ## Also claim to have backed them This firm lists Trace Finance 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. [3cubed VC](https://millionrounds.com/fund/3cubed-llc) VC firm Per its own site ## Quick answers about Trace Finance ### Who invested in Trace Finance? Trace Finance's investors include HOF Capital, MANTIS Venture Capital, Stellar Development Foundation, CoinFund and FJ Labs, and 8 more on record. CoinFund led its latest round. ### How much has Trace Finance raised? Trace Finance has raised $36M across 2 rounds since 2022. ### When did Trace Finance last raise? Trace Finance's most recent round was a Series A of $32M in Jun 2026, led by CoinFund. ### What was Trace Finance's biggest round? Its most recent round, $32M in Jun 2026, is also its largest on record. ### Who backed Trace Finance first? Trace Finance's first round on record, in Feb 2022, was backed by HOF Capital, Magic Fund and MANTIS Venture Capital and 1 others. ### What stage is Trace Finance at? Trace Finance's latest named round is a Series A, in Jun 2026. ### Where is Trace Finance based? Trace Finance is based in Brazil. ### Who led Trace Finance's rounds? CoinFund led the Series A in 2026. ## Companies like Trace Finance In the same sector, and raised in the last eighteen months. [**Runflow** $1.4M · Oct 2026](https://millionrounds.com/company/runflow)[**Cashin** $404K · Oct 2026](https://millionrounds.com/company/cashin)[**Cashbanx** $4.1M · Oct 2026](https://millionrounds.com/company/cashbanx)[**Agibank** $920M · Oct 2026](https://millionrounds.com/company/agibank)[**Asaas** $231M · Oct 2026](https://millionrounds.com/company/asaas)[**Stay** $8.3M · Oct 2026](https://millionrounds.com/company/stay) ## 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