# Varentec funding: rounds and investors > Varentec has raised $55M across 7 rounds since 2011. Investors include Khosla Ventures, Bill Gates and Square 1 Bank. Every round with its source. Source: https://millionrounds.com/company/varentec (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *Varentec* 7 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. Energy Funding summary Updated 26 Oct 2026 **$55M** raised across 7 rounds since 2011, from 7 sources **$6.1M** Venture **$7.7M** Series A **$8.0M** Series B **$11M** Series B **$4.0M** Debt **$13M** Series C **$5.0M** Round - **Latest round:** Round, $5.0M Nov 2019 - **Biggest round:** $13M Series C · Nov 2015 - **Investors:** 5 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. 2013 2015 2017 2019 **$6.1M** Venture **$7.7M** Series A **$8.0M** Series B **$11M** Series B **$4.0M** Debt **$13M** Series C **$5.0M** Round - **First round:** Venture, $6.1M - **Biggest round:** $13M - **Usual gap between rounds:** 14 months ## The rounds - **Nov 2019** Round **$5.0M** *1 new* [WindSail Capital Group](https://millionrounds.com/fund/windsail-capital-group) Reported by FinSMEs - **Nov 2015** Series C **$13M** *1 new* *2 returning* [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Bill Gates](https://millionrounds.com/fund/bill-gates) [3M New Ventures](https://millionrounds.com/fund/3m-new-ventures) From a historical funding record SEC filing: $13M sold, first sale Nov 2015 - **Sept 2014** Debt **$4.0M** *1 new* [Square 1 Bank](https://millionrounds.com/fund/square-1-bank) From a historical funding record SEC filing: $11M sold, first sale Sept 2013 - **Jun 2014** Series B **$11M** *2 returning* [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Bill Gates](https://millionrounds.com/fund/bill-gates) From a historical funding record SEC filing: $11M sold, first sale Sept 2013 - **Sept 2013** Series B **$8.0M** *1 new* *1 returning* [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Bill Gates](https://millionrounds.com/fund/bill-gates) Reported by techcrunch.com SEC filing: $8.1M sold, first sale Sept 2013 - **Jan 2012** Series A **$7.7M** *1 new* [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) Reported by finsmes.com SEC filing: $6.1M sold, first sale Sept 2011 - **Sept 2011** Venture **$6.1M** No investor was named in the report. Reported by sec.gov SEC filing: $6.1M sold, first sale Sept 2011 ## Founders and team From the SEC filings it signed: 2 on the team. - **Erica Cowell Cronin** Executive Officer i - **Guillaume Dufosse** Executive Officer, Director i On the board, as filed i *Bert Valdman* *Rich Boyle* *Witold Bik* ## 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. **Venture** 2011 **Series A** 2012 **Series B** 2013 **Series B** 2014 **Debt** 2014 **Series C** 2015 **Round** 2019 [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Bill Gates](https://millionrounds.com/fund/bill-gates) [Square 1 Bank](https://millionrounds.com/fund/square-1-bank) [3M New Ventures](https://millionrounds.com/fund/3m-new-ventures) [WindSail Capital Group](https://millionrounds.com/fund/windsail-capital-group) ## Everyone who backed them [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) VC firm **4** rounds [Bill Gates](https://millionrounds.com/fund/bill-gates) VC firm **3** rounds [Square 1 Bank](https://millionrounds.com/fund/square-1-bank) Investment firm **1** round [3M New Ventures](https://millionrounds.com/fund/3m-new-ventures) VC firm **1** round [WindSail Capital Group](https://millionrounds.com/fund/windsail-capital-group) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=varentec). ## Quick answers about Varentec ### Who invested in Varentec? Varentec's investors include Khosla Ventures, Bill Gates, Square 1 Bank, 3M New Ventures and WindSail Capital Group. ### How much has Varentec raised? Varentec has raised $55M across 7 rounds since 2011. ### When did Varentec last raise? Varentec's most recent round was an Undisclosed round of $5.0M in Nov 2019. ### What was Varentec's biggest round? Varentec's largest round on record is $13M (Series C), in Nov 2015. ### Who backed Varentec first? Varentec's first round on record, in Jan 2012, was backed by Khosla Ventures. ### What stage is Varentec at? Varentec's latest named round is an Undisclosed round, in Nov 2019. ### Where is Varentec based? Varentec is based in the United States. ## Companies like Varentec In the same sector, and raised in the last eighteen months. [**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor) ## 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