# Trase funding: rounds and investors

> Trase has raised $118M across 2 rounds since 2025. Investors include Virginia Innovation Partnership Corporation and ARCH Venture Partners.

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

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

# Who invested in *Trase*

2 rounds we have observed, with the 2 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.

AI

Raised 5 months ago

Funding summary Updated 26 Oct 2026

**$118M** raised across 2 rounds since 2025, from 2 sources

**$11M** Pre-seed **$107M** Seed

- **Latest round:** Seed, $107M Jun 2026
- **Step-up i:** 10.2×
- **Investors:** 2

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.

2026

**$11M** Pre-seed

**$107M** Seed

- **First round:** Pre-seed, $11M
- **Biggest round:** $107M
- **Between rounds:** 7 months

## The rounds

- **Jun 2026** Seed **$107M** *1 new* *1 returning* [ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners) [Virginia Innovation Partnership Corporation](https://millionrounds.com/fund/virginia-innovation-partnership-corporation) Source recorded
- **Nov 2025** Pre-seed **$11M** *1 new* [Virginia Innovation Partnership Corporation](https://millionrounds.com/fund/virginia-innovation-partnership-corporation) 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.

**Pre-seed** 2025 **Seed** 2026 [Virginia Innovation Partnership Corporation](https://millionrounds.com/fund/virginia-innovation-partnership-corporation) [ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners)

## Everyone who backed them

[Virginia Innovation Partnership Corporation](https://millionrounds.com/fund/virginia-innovation-partnership-corporation) VC firm **2** rounds

[ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners) VC firm **1** round

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

## Also claim to have backed them

This firm lists Trase 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.

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

## Quick answers about Trase

### Who invested in Trase?

Trase's investors include Virginia Innovation Partnership Corporation and ARCH Venture Partners.

### How much has Trase raised?

Trase has raised $118M across 2 rounds since 2025.

### When did Trase last raise?

Trase's most recent round was a Seed of $107M in Jun 2026.

### What was Trase's biggest round?

Its most recent round, $107M in Jun 2026, is also its largest on record.

### Who backed Trase first?

Trase's first round on record, in Nov 2025, was backed by Virginia Innovation Partnership Corporation.

### What stage is Trase at?

Trase's latest named round is a Seed, in Jun 2026.

### Where is Trase based?

Trase is based in the United States.

## Companies like Trase

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

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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