United States · Series A startup

Who invested in Troops

3 rounds we have observed, with the 8 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.

HR Tech

Funding summaryUpdated 26 Oct 2026

$23Mraised across 3 rounds since 2016, from 3 sources

$7.0MRound$12MSeries B$4.3MSeries A
Latest round
Series A, $4.3MSept 2020
Biggest round
$12MSeries B · Jun 2019
Investors
8 (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.

2017201820192020
$7.0MRound$12MSeries B$4.3MSeries A
First round
Round, $7.0M
Sept 2016
Biggest round
$12M
Series B · Jun 2019
Usual gap between rounds
2.7 years
the median of 2

The rounds

  1. Sept 2020
    Series A$4.3M1 new

    Source recorded

  2. Jun 2019
    Series B$12M6 new1 returning

    Reported by TechCrunch

  3. Sept 2016
    Round$7.0M1 new

    Reported by TechCrunchSEC filing: $7.0M sold, first sale Sept 2016

Founders and team

From the SEC filings it signed: 1 on the team.

  • Dan ReichExecutive Officer, Directori

On the board, as filediChris FralicJoseph Britton

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.

Round2016Series B2019Series A2020FelicisAspect VenturesLIdinvest PartnersSusa VenturesChicago VenturesHone CapitalInVision founder Clark Valbergthe Slack Fund

Everyone who backed them

FelicisVC firm2rounds
Aspect VenturesVC firm1round, led 1
Idinvest PartnersPrivate equity1round
Susa VenturesVC firm1round
Chicago VenturesVC firm1round
Hone CapitalPrivate equity1round
InVision founder Clark Valbergno record of our own yet1round
the Slack Fundno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

This firm lists Troops 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.

Landis CapitalVC firmPer its own site

Quick answers about Troops

Who invested in Troops?

Troops's investors include Felicis, Aspect Ventures, Idinvest Partners, Susa Ventures and Chicago Ventures, and 3 more on record.

How much has Troops raised?

Troops has raised $23M across 3 rounds since 2016.

When did Troops last raise?

Troops's most recent round was a Series A of $4.3M in Sept 2020.

What was Troops's biggest round?

Troops's largest round on record is $12M (Series B), in Jun 2019, led by Aspect Ventures.

Who backed Troops first?

Troops's first round on record, in Sept 2016, was backed by Felicis.

What stage is Troops at?

Troops's latest named round is a Series A, in Sept 2020.

Where is Troops based?

Troops is based in the United States.

Who led Troops's rounds?

Aspect Ventures led the Series B in 2019.

Companies like Troops

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