# Verafin funding: rounds and investors > Verafin has raised $454M across 3 rounds since 2009. Investors include Spectrum Equity, Information Venture Partners and BDC Capital. Source: https://millionrounds.com/company/verafin (Millionrounds; every figure on the page links to its filing or article) Canada · [Funded startup](https://millionrounds.com/companies) # Who invested in *Verafin* 3 rounds we have observed, with the 7 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. Cybersecurity Funding summary Updated 26 Oct 2026 **$454M** raised across 3 rounds since 2009, from 3 sources **$5.5M** Venture **$60M** Growth **$389M** Debt - **Latest round:** Debt, $389M Sept 2019 - **Led by:** Spectrum Equity and Information Venture Partners - **Step-up i:** 6.5× - **Investors:** 7 (2 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. 2011 2013 2015 2017 2019 **$5.5M** Venture **$60M** Growth **$389M** Debt - **First round:** Venture, $5.5M - **Biggest round:** $389M - **Usual gap between rounds:** 5.3 years ## The rounds - **Sept 2019** Debt **$389M** *6 new* *1 returning* [Spectrum Equity](https://millionrounds.com/fund/spectrum-equity) Lead [Information Venture Partners](https://millionrounds.com/fund/information-venture-partners) Lead [BDC Capital](https://millionrounds.com/fund/bdc-capital) [Northleaf Capital Partners](https://millionrounds.com/fund/northleaf-capital-partners) [Scotia Capital](https://millionrounds.com/fund/scotiabank) [Teralys Capital](https://millionrounds.com/fund/teralys-capital) [Wells Fargo Capital Finance](https://millionrounds.com/fund/wells-fargo-capital-finance) Reported by FinSMEs - **May 2014** Growth **$60M** *1 new* [Spectrum Equity](https://millionrounds.com/fund/spectrum-equity) From a historical funding record - **Sept 2009** Venture **$5.5M** No investor was named in the report. Reported by finsmes.com ## 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** 2009 **Growth** 2014 **Debt** 2019 [Spectrum Equity](https://millionrounds.com/fund/spectrum-equity) L [Information Venture Partners](https://millionrounds.com/fund/information-venture-partners) L [BDC Capital](https://millionrounds.com/fund/bdc-capital) [Northleaf Capital Partners](https://millionrounds.com/fund/northleaf-capital-partners) [Scotia Capital](https://millionrounds.com/fund/scotiabank) [Teralys Capital](https://millionrounds.com/fund/teralys-capital) [Wells Fargo Capital Finance](https://millionrounds.com/fund/wells-fargo-capital-finance) ## Everyone who backed them [Spectrum Equity](https://millionrounds.com/fund/spectrum-equity) Private equity **2** rounds, led 1 [Information Venture Partners](https://millionrounds.com/fund/information-venture-partners) VC firm **1** round, led 1 [BDC Capital](https://millionrounds.com/fund/bdc-capital) Private credit **1** round [Northleaf Capital Partners](https://millionrounds.com/fund/northleaf-capital-partners) Private equity **1** round [Scotia Capital](https://millionrounds.com/fund/scotiabank) Investment bank **1** round [Teralys Capital](https://millionrounds.com/fund/teralys-capital) VC firm **1** round [Wells Fargo Capital Finance](https://millionrounds.com/fund/wells-fargo-capital-finance) Investment firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=verafin). ## Also claim to have backed them These 2 firms list Verafin 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. [Killick Capital](https://millionrounds.com/fund/killick-capital) Private equity Per its own site [Genesis](https://millionrounds.com/fund/genesis-5) Accelerator Per its own site ## Quick answers about Verafin ### Who invested in Verafin? Verafin's investors include Spectrum Equity, Information Venture Partners, BDC Capital, Northleaf Capital Partners and Scotia Capital, and 2 more on record. Spectrum Equity led its latest round. ### How much has Verafin raised? Verafin has raised $454M across 3 rounds since 2009. ### When did Verafin last raise? Verafin's most recent round was a Debt of $389M in Sept 2019, led by Spectrum Equity. ### What was Verafin's biggest round? Its most recent round, $389M in Sept 2019, is also its largest on record. ### Who backed Verafin first? Verafin's first round on record, in May 2014, was backed by Spectrum Equity. ### What stage is Verafin at? Verafin's latest named round is a Debt, in Sept 2019. ### Where is Verafin based? Verafin is based in Canada. ### Who led Verafin's rounds? Spectrum Equity led the Debt in 2019. ## Companies like Verafin In the same sector, and raised in the last eighteen months. [**Micrologic** $32M · Sept 2026](https://millionrounds.com/company/micrologic)[**Palitronica Inc.** Sept 2026](https://millionrounds.com/company/palitronica-inc)[**Cybeats Technologies** $2.3M · Jul 2026](https://millionrounds.com/company/cybeats-technologies)[**Boostsecurity.io** $4.0M · May 2026](https://millionrounds.com/company/boostsecurity-io)[**Plurilock** $2.1M · Apr 2026](https://millionrounds.com/company/plurilock)[**Feroot Security** $14M · Nov 2025](https://millionrounds.com/company/feroot-security) ## 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