# ZenLedger funding: rounds and investors

> ZenLedger has raised $17M across 2 rounds since 2018. Investors include FJ Labs, Borderless Capital and ParaFi Capital. Every round with its source.

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

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

# Who invested in *ZenLedger*

2 rounds we have observed, with the 6 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.

Professional Services Web3 & Crypto

Funding summary Updated 26 Oct 2026

**$17M** raised across 2 rounds since 2018, from 2 sources

**$1.5M** Round **$15M** Series B

- **Latest round:** Series B, $15M May 2022
- **Step-up i:** 10×
- **Investors:** 6

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.

2019 2020 2021 2022

**$1.5M** Round

**$15M** Series B

- **First round:** Round, $1.5M
- **Biggest round:** $15M
- **Between rounds:** 3.6 years

## The rounds

- **May 2022** Series B **$15M** *5 new* [FJ Labs](https://millionrounds.com/fund/fj-labs) [Borderless Capital](https://millionrounds.com/fund/borderless-capital) [ParaFi Capital](https://millionrounds.com/fund/parafi) [Castle Island Ventures](https://millionrounds.com/fund/castle-island-ventures) [Shorooq Partners](https://millionrounds.com/fund/shorooq-partners) Source recorded SEC filing: $15M sold, first sale Apr 2022
- **Sept 2018** Round **$1.5M** *1 new* Vestigo Ventures/ Castle Island Reported by FinSMEs

## Founders and team

From the SEC filings it signed: 1 on the team.

- **Pat Larsen** Executive Officer, Director i

## 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.

**Round** 2018 **Series B** 2022 [FJ Labs](https://millionrounds.com/fund/fj-labs) [Borderless Capital](https://millionrounds.com/fund/borderless-capital) [ParaFi Capital](https://millionrounds.com/fund/parafi) [Castle Island Ventures](https://millionrounds.com/fund/castle-island-ventures) [Shorooq Partners](https://millionrounds.com/fund/shorooq-partners) Vestigo Ventures/ Castle Island

## Everyone who backed them

[FJ Labs](https://millionrounds.com/fund/fj-labs) VC firm **1** round

[Borderless Capital](https://millionrounds.com/fund/borderless-capital) Accelerator **1** round

[ParaFi Capital](https://millionrounds.com/fund/parafi) VC firm **1** round

[Castle Island Ventures](https://millionrounds.com/fund/castle-island-ventures) VC firm **1** round

[Shorooq Partners](https://millionrounds.com/fund/shorooq-partners) VC firm **1** round

Vestigo Ventures/ Castle Island no record of our own yet **1** round

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

## Also claim to have backed them

These 7 firms list ZenLedger 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.

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

[gumi Cryptos Capital](https://millionrounds.com/fund/gumi-cryptos-capital) Corporate VC Per its own site

[Bloccelerate VC](https://millionrounds.com/fund/bloccelerate-vc) VC firm Per its own site

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

[DecentraNet](https://millionrounds.com/fund/decentranet) VC firm Per its own site

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

[Three Point Capital](https://millionrounds.com/fund/three-point-capital) VC firm Per its own site

## Quick answers about ZenLedger

### Who invested in ZenLedger?

ZenLedger's investors include FJ Labs, Borderless Capital, ParaFi Capital, Castle Island Ventures and Shorooq Partners, and 1 more on record.

### How much has ZenLedger raised?

ZenLedger has raised $17M across 2 rounds since 2018.

### When did ZenLedger last raise?

ZenLedger's most recent round was a Series B of $15M in May 2022.

### What was ZenLedger's biggest round?

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

### Who backed ZenLedger first?

ZenLedger's first round on record, in Sept 2018, was backed by Vestigo Ventures/ Castle Island.

### What stage is ZenLedger at?

ZenLedger's latest named round is a Series B, in May 2022.

### Where is ZenLedger based?

ZenLedger is based in the United States.

## Companies like ZenLedger

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

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**Platform Accounting Group** $355M · Oct 2026](https://millionrounds.com/company/platform-accounting-group)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)[**Qualitate** $32M · Oct 2026](https://millionrounds.com/company/qualitate)

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