# Vegapay funding: rounds and investors

> Vegapay has raised $5.5M across 1 round since 2024. Investors include Elevation Capital. Every round with its source.

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

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

# Who invested in *Vegapay*

One round we have observed, with the one investor 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.

Financial Services

Funding summary Updated 26 Oct 2026

**$5.5M** raised across 1 round since 2024, from 1 source

- **Latest round:** Seed, $5.5M May 2024
- **Investors:** 1

See who backed them

## The rounds

- **May 2024** Seed **$5.5M** [Elevation Capital](https://millionrounds.com/fund/elevation-capital-2) Source recorded

## Founders and team

From Vegapay's own website: 2 on the team.

- **Gaurav Mittal** CEO
- **Himanshu Aggarwal** CTO

## Everyone who backed them

[Elevation Capital](https://millionrounds.com/fund/elevation-capital-2) VC firm **1** round

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

## Also claim to have backed them

These 3 firms list Vegapay 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.

[GrowthCap Ventures](https://millionrounds.com/fund/growthcap-ventures) VC firm Per its own site

[Climber Capital](https://millionrounds.com/fund/climber-capital) VC firm Per its own site

[Upsparks](https://millionrounds.com/fund/upsparks-capital) VC firm Per its own site

## Quick answers about Vegapay

### Who invested in Vegapay?

Vegapay's investors include Elevation Capital.

### How much has Vegapay raised?

Vegapay has raised $5.5M across 1 round since 2024.

### When did Vegapay last raise?

Vegapay's most recent round was a Seed of $5.5M in May 2024.

### What was Vegapay's biggest round?

Its most recent round, $5.5M in May 2024, is also its largest on record.

### Who backed Vegapay first?

Vegapay's first round on record, in May 2024, was backed by Elevation Capital.

### What stage is Vegapay at?

Vegapay's latest named round is a Seed, in May 2024.

## Companies like Vegapay

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

[**Matters** $5.0M · Oct 2026](https://millionrounds.com/company/matters)[**Ecofy** $41M · Mar 2026](https://millionrounds.com/company/ecofy)[**Credilio** $3.2M · Mar 2026](https://millionrounds.com/company/credilio)[**Muhlah** $7.5M · Mar 2026](https://millionrounds.com/company/muhlah)[**Complyance** $20M · Feb 2026](https://millionrounds.com/company/complyance)[**Stable Money** $25M · Feb 2026](https://millionrounds.com/company/stable-money)

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