# Upexi funding: rounds and investors > Upexi has raised $173M across 5 rounds since 2025. Investors include GSR, White Star Capital and Delta Blockchain Fund. Every round with its source. Source: https://millionrounds.com/company/upexi (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *Upexi* 5 rounds we have observed, with the 5 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. Consumer Goods E-commerce Web3 & Crypto Raised 5 months ago Follow Upexi and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fupexi) Funding summary Updated 5 Nov 2026 **$173M** raised across 5 rounds since 2025, from 5 sources **$100M** Round **$36M** Debt - **Latest round:** Round, $20M Jun 2026 - **Biggest round:** $100M Round · Apr 2025 - **Step-up i:** 2.6× - **Investors:** 5 (3 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. 2026 **$100M** Round **$10M** Round **$36M** Debt **$7.4M** Round **$20M** Round - **First round:** Round, $100M - **Biggest round:** $100M - **Usual gap between rounds:** 4 months ## The rounds - **Jun 2026** Round **$20M** *3 returning* [GSR](https://millionrounds.com/fund/gsr) [White Star Capital](https://millionrounds.com/fund/white-star-capital) [Delta Blockchain Fund](https://millionrounds.com/fund/delta-blockchain-fund) Source recorded SEC filing: $20M sold - **Feb 2026** Round **$7.4M** *2 new* *1 returning* [GSR](https://millionrounds.com/fund/gsr) [White Star Capital](https://millionrounds.com/fund/white-star-capital) [Delta Blockchain Fund](https://millionrounds.com/fund/delta-blockchain-fund) Source recorded - **Jan 2026** Debt **$36M** *1 new* [Hivemind Capital](https://millionrounds.com/fund/hivemind-capital) Lead Reported by Ventureburn - **Dec 2025** Round **$10M** *1 new* [A.G.P./Alliance Global Partners](https://millionrounds.com/fund/a-g-p-alliance-global-partners) Lead Reported by Ventureburn - **Apr 2025** Round **$100M** *1 new* [GSR](https://millionrounds.com/fund/gsr) Lead Reported by TechStartups SEC filing: $100M sold, first sale Apr 2025 ## Funding filed with regulators Upexi filed 3 raises, $320M in all. Filings say how much was sold and to how many investors; they never name the investors. - Jun 2026 **$20M** 1 investor SEC Form D - Jul 2025 **$200M** 1 investor SEC Form D - Apr 2025 **$100M** 73 investors SEC Form D ## Founders and team From Upexi's own website: 1 on the team. - **Solana Purchase** Allan Marshall, Chief Executive Officer, Upexi ## 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. **Round** 2025 **Round** 2025 **Debt** 2026 **Round** 2026 **Round** 2026 [GSR](https://millionrounds.com/fund/gsr) L [White Star Capital](https://millionrounds.com/fund/white-star-capital) [Delta Blockchain Fund](https://millionrounds.com/fund/delta-blockchain-fund) [Hivemind Capital](https://millionrounds.com/fund/hivemind-capital) L [A.G.P./Alliance Global Partners](https://millionrounds.com/fund/a-g-p-alliance-global-partners) L ## Everyone who backed them [GSR](https://millionrounds.com/fund/gsr) VC firm **3** rounds, led 1 [White Star Capital](https://millionrounds.com/fund/white-star-capital) VC firm **2** rounds [Delta Blockchain Fund](https://millionrounds.com/fund/delta-blockchain-fund) VC firm **2** rounds [Hivemind Capital](https://millionrounds.com/fund/hivemind-capital) VC firm **1** round, led 1 [A.G.P./Alliance Global Partners](https://millionrounds.com/fund/a-g-p-alliance-global-partners) Investment firm **1** round, led 1 Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=upexi). ## Quick answers about Upexi ### Who invested in Upexi? Upexi's investors include GSR, White Star Capital, Delta Blockchain Fund, Hivemind Capital and A.G.P./Alliance Global Partners. ### How much has Upexi raised? Upexi has raised $173M across 5 rounds since 2025. ### When did Upexi last raise? Upexi's most recent round was an Undisclosed round of $20M in Jun 2026. ### What was Upexi's biggest round? Upexi's largest round on record is $100M (Undisclosed round), in Apr 2025, led by GSR. ### Who backed Upexi first? Upexi's first round on record, in Apr 2025, was backed by GSR. ### What stage is Upexi at? Upexi's latest named round is an Undisclosed round, in Jun 2026. ### Where is Upexi based? Upexi is based in the United States. ### Who led Upexi's rounds? GSR led the Undisclosed round in 2025; A.G.P./Alliance Global Partners led the Undisclosed round in 2025; Hivemind Capital led the Debt in 2026. ## Companies like Upexi In the same sector, and raised in the last eighteen months. [**Omni** $244M · Nov 2026](https://millionrounds.com/company/omni)[**Settle** $103M · Oct 2026](https://millionrounds.com/company/settle)[**Predicate** $16M · Oct 2026](https://millionrounds.com/company/predicate)[**Offe Market** $4.3M · Oct 2026](https://millionrounds.com/company/offe-market)[**iQSTEL** $4.0M · Oct 2026](https://millionrounds.com/company/iqstel)[**Parasol** $4.8M · Oct 2026](https://millionrounds.com/company/parasol) ## 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