# Transcend funding: rounds and investors > Transcend has raised $64M across 4 rounds since 2019. Investors include Accel, Index Ventures and Citibank. Every round with its source. Source: https://millionrounds.com/company/transcend (Millionrounds; every figure on the page links to its filing or article) United States · [Venture startup](https://millionrounds.com/companies) # Who invested in *Transcend* 4 rounds we have observed, with the 9 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. Cloud Cybersecurity Raised 11 months ago Funding summary Updated 26 Oct 2026 **$64M** raised across 4 rounds since 2019, from 5 sources **$4.0M** Seed **$20M** Series B **$40M** Series B - **Latest round:** Venture Dec 2025 - **Biggest round:** $40M Series B · May 2024 - **Investors:** 9 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 2023 2024 2025 **$4.0M** Seed **$20M** Series B **$40M** Series B **?** Venture - **First round:** Seed, $4.0M - **Biggest round:** $40M - **Usual gap between rounds:** 19 months [**Transcend** Cloud infrastructure 1 / 15 Their pitch deck **Transcend's pitch deck, 15 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/transcend) ## The rounds - **Dec 2025** Venture **Amount undisclosed** *1 new* [The Draper Richards Kaplan Foundation](https://millionrounds.com/fund/the-draper-richard) Source recorded - **May 2024** Series B **$40M** *3 new* *1 returning* [Accel](https://millionrounds.com/fund/accel) [Index Ventures](https://millionrounds.com/fund/index-ventures) [South Park Commons](https://millionrounds.com/fund/south-park-commons) [StepStone Group](https://millionrounds.com/fund/stepstone-group) Source recorded SEC filing: $40M sold, first sale Dec 2023 - **Jul 2023** Series B **$20M** *4 new* [Citibank](https://millionrounds.com/fund/citi) [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) [Idinvest Partners](https://millionrounds.com/fund/idinvest-partners) [Elemental Impact](https://millionrounds.com/fund/elemental-impact) Source recorded and 1 other - **Apr 2019** Seed **$4.0M** *1 new* [Accel](https://millionrounds.com/fund/accel) Reported by Businessinsider SEC filing: $4.5M sold, first sale Dec 2018 ## Founders and team From Transcend's own website: 4 on the team. - **Andrew Sheppard** Managing Director - **Brett Krause** Managing Director - **Lirui Ding** Principal - **Sikander Chahal** Principal ## 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 **Series B** 2023 **Series B** 2024 **Venture** 2025 [Accel](https://millionrounds.com/fund/accel) [Index Ventures](https://millionrounds.com/fund/index-ventures) [Citibank](https://millionrounds.com/fund/citi) [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) [Idinvest Partners](https://millionrounds.com/fund/idinvest-partners) [South Park Commons](https://millionrounds.com/fund/south-park-commons) [Elemental Impact](https://millionrounds.com/fund/elemental-impact) [StepStone Group](https://millionrounds.com/fund/stepstone-group) [The Draper Richards Kaplan Foundation](https://millionrounds.com/fund/the-draper-richard) ## Everyone who backed them [Accel](https://millionrounds.com/fund/accel) VC firm **2** rounds [Index Ventures](https://millionrounds.com/fund/index-ventures) VC firm **1** round [Citibank](https://millionrounds.com/fund/citi) Growth equity **1** round [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) Government **1** round [Idinvest Partners](https://millionrounds.com/fund/idinvest-partners) Private equity **1** round [South Park Commons](https://millionrounds.com/fund/south-park-commons) Accelerator **1** round [Elemental Impact](https://millionrounds.com/fund/elemental-impact) VC firm **1** round [StepStone Group](https://millionrounds.com/fund/stepstone-group) Fund of funds **1** round [The Draper Richards Kaplan Foundation](https://millionrounds.com/fund/the-draper-richard) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=transcend). ## Also claim to have backed them This firm lists Transcend 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. [EnFi](https://millionrounds.com/fund/enfi) VC firm Per its own site ## Quick answers about Transcend ### Who invested in Transcend? Transcend's investors include Accel, Index Ventures, Citibank, International Finance Corporation and Idinvest Partners, and 4 more on record. ### How much has Transcend raised? Transcend has raised $64M across 4 rounds since 2019. One round did not disclose an amount, so the total is a floor. ### When did Transcend last raise? Transcend's most recent round was a Venture in Dec 2025. ### What was Transcend's biggest round? Transcend's largest round on record is $40M (Series B), in May 2024. ### Who backed Transcend first? Transcend's first round on record, in Apr 2019, was backed by Accel. ### What stage is Transcend at? Transcend's latest named round is a Venture, in Dec 2025. ### Where is Transcend based? Transcend is based in the United States. ## Companies like Transcend In the same sector, and raised in the last eighteen months. [**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Blacksmith** $131M · Oct 2026](https://millionrounds.com/company/blacksmith)[**Opsin** $21M · Oct 2026](https://millionrounds.com/company/opsin)[**Harmonic Security** $68M · Oct 2026](https://millionrounds.com/company/harmonic-security)[**Reach Security** $60M · Oct 2026](https://millionrounds.com/company/reach-security) ## 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