United States · Funded startup

Who invested in Twelve

8 rounds we have observed, with the 10 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.

Climate Tech

Raised 2 months agoValuation: $1.0B, Oct 2024

Funding summaryUpdated 26 Oct 2026

$117Mraised across 8 rounds since 2011, from 8 sources

$4.0MVenture$1.5MDebt$15MVenture$7.0MDebt$9.1MVenture$35MVenture$45MDebt
Latest round
Debt, $45MSept 2026
Step-upi
1.3×
Investors
10
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.

20112013201520172019202120232025
$4.0MVenture$1.5MDebt$7.0MDebt$9.1MVenture?Venture$45MDebt
First round
Venture, $4.0M
Mar 2011
Biggest round
$45M
Debt · Sept 2026
Usual gap between rounds
11 months
the median of 7

The rounds

  1. Sept 2026
    Debt$45M1 new4 returning

    Source recorded

  2. May 2025
  3. Apr 2015
    Venture$35M

    No investor was named in the report.

    From a historical funding recordSEC filing: $35M sold, first sale Apr 2015

  4. Jun 2014
    Venture$9.1M

    No investor was named in the report.

    From a historical funding recordSEC filing: $9.1M sold, first sale May 2014

  5. Apr 2014
    Debt$7.0M

    No investor was named in the report.

    From a historical funding recordSEC filing: $7.0M sold, first sale Mar 2014

  6. Jun 2012
  7. Jan 2012
    Debt$1.5M

    No investor was named in the report.

    Reported by sec.gov

  8. Mar 2011
    Venture$4.0M

    No investor was named in the report.

    Reported by sec.gov

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.

The exit

ExitBuyerPriceWhen
AcquiredMedtronic$458MAug 2015

From historical deal records. Wrong? Tell us.

Everyone who backed them

Y CombinatorAccelerator2rounds
GreycroftVC firm2rounds
TPGPrivate equity2rounds
Fifth WallVC firm2rounds
TechstarsVC firm1round
DCVCVC firm1round
Versant VenturesVC firm1round
Domain AssociatesVC firm1round

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

Also claim to have backed them

These 21 firms list Twelve as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Global Brain CorporationVC firmPer its own site
Unruly CapitalVC firmPer its own site
Dolby Family VenturesVC firmPer its own site
TGM venturesAngel networkPer its own site
Breakout VenturesVC firmPer its own site
MOL Switch LLCCorporate VCPer its own site
Page One VenturesVC firmPer its own site
Impact Science VenturesVC firmPer its own site
Pulse FundVC firmPer its own site
United Airlines VenturesCorporate VCPer its own site
MTM Venture PartnersVC firmPer its own site
Parcel BAcceleratorPer its own site
Seed SmartAngel networkPer its own site
Startup WeekendVC firmPer its own site
TGVPVC firmPer its own site
TechStars EnergyAcceleratorPer its own site
Techstars BerlinAcceleratorPer its own site
Techstars Music AcceleratorAcceleratorPer its own site
Techstars Toronto AcceleratorAcceleratorPer its own site
The Riyadh Techstars AcceleratorAcceleratorPer its own site

Quick answers about Twelve

Who invested in Twelve?

Twelve's investors include Y Combinator, Greycroft, TPG, Fifth Wall and Techstars, and 5 more on record.

How much has Twelve raised?

Twelve has raised $117M across 8 rounds since 2011. One round did not disclose an amount, so the total is a floor.

When did Twelve last raise?

Twelve's most recent round was a Debt of $45M in Sept 2026.

What was Twelve's biggest round?

Its most recent round, $45M in Sept 2026, is also its largest on record.

Who backed Twelve first?

Twelve's first round on record, in Jun 2012, was backed by Versant Ventures, Morgenthaler Ventures and Domain Associates.

What stage is Twelve at?

Twelve's latest named round is a Debt, in Sept 2026.

Where is Twelve based?

Twelve is based in the United States.

Companies like Twelve

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

Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.