# Xembly funding: rounds and investors

> Xembly has raised $15M across 1 round since 2022. Investors include Lightspeed Venture Partners, Norwest Venture Partners and Flex Capital.

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

United States · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Xembly*

One round we have observed, with the 4 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.

AI

Funding summary Updated 26 Oct 2026

**$15M** raised across 1 round since 2022, from 1 source

- **Latest round:** Series A, $15M Oct 2022
- **Investors:** 4

See who backed them

## The rounds

- **Oct 2022** Series A **$15M** [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Norwest Venture Partners](https://millionrounds.com/fund/norwest) [Flex Capital](https://millionrounds.com/fund/flex-capital) [Ascend](https://millionrounds.com/fund/ascend) Source recorded

## Founders and team

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

- **Payment Methods** Online Betting Analyst
- **Vikram Deshpande** Online Betting Analyst

## Everyone who backed them

[Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **1** round

[Norwest Venture Partners](https://millionrounds.com/fund/norwest) VC firm **1** round

[Flex Capital](https://millionrounds.com/fund/flex-capital) VC firm **1** round

[Ascend](https://millionrounds.com/fund/ascend) VC firm **1** round

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

## Quick answers about Xembly

### Who invested in Xembly?

Xembly's investors include Lightspeed Venture Partners, Norwest Venture Partners, Flex Capital and Ascend.

### How much has Xembly raised?

Xembly has raised $15M across 1 round since 2022.

### When did Xembly last raise?

Xembly's most recent round was a Series A of $15M in Oct 2022.

### What was Xembly's biggest round?

Its most recent round, $15M in Oct 2022, is also its largest on record.

### Who backed Xembly first?

Xembly's first round on record, in Oct 2022, was backed by Lightspeed Venture Partners, Norwest Venture Partners and Flex Capital and 1 others.

### What stage is Xembly at?

Xembly's latest named round is a Series A, in Oct 2022.

### Where is Xembly based?

Xembly is based in the United States.

## Companies like Xembly

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

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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