# Util funding: rounds and investors

> Util has raised $5.6M across 1 round since 2022. Investors include MassChallenge, Oxford Science Enterprises and Eldridge. Every round with its source.

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

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

# Who invested in *Util*

One round we have observed, with the 3 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Big Data & Analytics

Funding summary Updated 26 Oct 2026

**$5.6M** raised across 1 round since 2022, from 1 source

- **Latest round:** Seed, $5.6M Nov 2022
- **Investors:** 3

See who backed them

## The rounds

- **Nov 2022** Seed **$5.6M** [MassChallenge](https://millionrounds.com/fund/masschallenge) [Oxford Science Enterprises](https://millionrounds.com/fund/oxford-science-enterprises) [Eldridge](https://millionrounds.com/fund/eldridge) Source recorded

## Everyone who backed them

[MassChallenge](https://millionrounds.com/fund/masschallenge) Accelerator **1** round

[Oxford Science Enterprises](https://millionrounds.com/fund/oxford-science-enterprises) VC firm **1** round

[Eldridge](https://millionrounds.com/fund/eldridge) Private equity **1** round

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

## Also claim to have backed them

This firm lists Util 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.

[Sand Hill East](https://millionrounds.com/fund/sand-hill-east) VC firm Per its own site

## Quick answers about Util

### Who invested in Util?

Util's investors include MassChallenge, Oxford Science Enterprises and Eldridge.

### How much has Util raised?

Util has raised $5.6M across 1 round since 2022.

### When did Util last raise?

Util's most recent round was a Seed of $5.6M in Nov 2022.

### What was Util's biggest round?

Its most recent round, $5.6M in Nov 2022, is also its largest on record.

### Who backed Util first?

Util's first round on record, in Nov 2022, was backed by MassChallenge, Oxford Science Enterprises and Eldridge.

### What stage is Util at?

Util's latest named round is a Seed, in Nov 2022.

### Where is Util based?

Util is based in the United Kingdom.

## Companies like Util

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

[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Salience Labs** $169M · Oct 2026](https://millionrounds.com/company/salience-labs)[**Affinity Labs** $3.2M · Oct 2026](https://millionrounds.com/company/affinity-labs)[**Alchera Technologies** $3.7M · Oct 2026](https://millionrounds.com/company/alchera-technologies)[**Foundational** $19M · Oct 2026](https://millionrounds.com/company/foundational)[**Quartz** $3.7M · Sept 2026](https://millionrounds.com/company/quartz)

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