# Zignal Labs funding: rounds and investors

> Zignal Labs has raised $75M across 6 rounds since 2012. Investors include Jim Hornthal, Andy Ballard and MENA Venture Investments. Every round with its source.

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

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

# Who invested in *Zignal Labs*

6 rounds we have observed, with the 8 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.

Advertising & Adtech Big Data & Analytics Martech

Funding summary Updated 26 Oct 2026

**$75M** raised across 6 rounds since 2012, from 6 sources

**$4.2M** Series A **$11M** Series B **$15M** Series C **$30M** Round **$15M** Debt

- **Latest round:** Debt, $15M Jan 2019
- **Biggest round:** $30M Round · Feb 2018
- **Investors:** 8

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.

2012 2013 2014 2015 2016 2017 2018 2019

**?** Round

**$4.2M** Series A

**$11M** Series B

**$15M** Series C

**$30M** Round

**$15M** Debt

- **First round:** Round
- **Biggest round:** $30M
- **Usual gap between rounds:** 13 months

## The rounds

- **Jan 2019** Debt **$15M** No investor was named in the report. Source recorded
- **Feb 2018** Round **$30M** *2 new* [North Atlantic Capital](https://millionrounds.com/fund/north-atlantic-capital) [Blum Capital Partners](https://millionrounds.com/fund/blum-capital-partn) Reported by FinSMEs
- **Oct 2015** Series C **$15M** *1 new* *2 returning* [Jim Hornthal](https://millionrounds.com/fund/jim-hornthal) [Andy Ballard](https://millionrounds.com/fund/andy-ballard) Mitch Cohen From a historical funding record
- **Oct 2014** Series B **$11M** *4 new* [Jim Hornthal](https://millionrounds.com/fund/jim-hornthal) [Andy Ballard](https://millionrounds.com/fund/andy-ballard) [Zignal Labs](https://millionrounds.com/fund/zignal-labs) Mitchell Cohen From a historical funding record SEC filing: $11M sold, first sale May 2014
- **Jan 2013** Series A **$4.2M** No investor was named in the report. From a historical funding record
- **Jan 2012** Round **Amount undisclosed** *1 new* [MENA Venture Investments](https://millionrounds.com/fund/mena-venture-investments) From a historical funding record

## Founders and team

From the SEC filings it signed: 3 on the team.

- **Adam Beaugh** Executive Officer, Director i
- **James Hornthal** Executive Officer, Director i
- **Joshua Ginsberg** Executive Officer, Director i

On the board, as filed i *Andrew Ballard* *Mitchell Cohen*

## 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** 2012 **Series A** 2013 **Series B** 2014 **Series C** 2015 **Round** 2018 **Debt** 2019 [Jim Hornthal](https://millionrounds.com/fund/jim-hornthal) [Andy Ballard](https://millionrounds.com/fund/andy-ballard) [MENA Venture Investments](https://millionrounds.com/fund/mena-venture-investments) [North Atlantic Capital](https://millionrounds.com/fund/north-atlantic-capital) [Blum Capital Partners](https://millionrounds.com/fund/blum-capital-partn) [Zignal Labs](https://millionrounds.com/fund/zignal-labs) Mitch Cohen Mitchell Cohen

## Everyone who backed them

[Jim Hornthal](https://millionrounds.com/fund/jim-hornthal) Angel **2** rounds

[Andy Ballard](https://millionrounds.com/fund/andy-ballard) Angel **2** rounds

[MENA Venture Investments](https://millionrounds.com/fund/mena-venture-investments) VC firm **1** round

[North Atlantic Capital](https://millionrounds.com/fund/north-atlantic-capital) VC firm **1** round

[Blum Capital Partners](https://millionrounds.com/fund/blum-capital-partn) Private equity **1** round

[Zignal Labs](https://millionrounds.com/fund/zignal-labs) Company **1** round

Mitch Cohen no record of our own yet **1** round

Mitchell Cohen 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=zignal-labs).

## Also claim to have backed them

These 3 firms list Zignal Labs 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.

[Cal Simmons](https://millionrounds.com/fund/cal-simmons) Angel Per its own site

[Baruch Future Ventures](https://millionrounds.com/fund/baruch-future-ventures) VC firm Per its own site

[Montague Street Capital](https://millionrounds.com/fund/montague-street-capital) Family office Per its own site

## Quick answers about Zignal Labs

### Who invested in Zignal Labs?

Zignal Labs's investors include Jim Hornthal, Andy Ballard, MENA Venture Investments, North Atlantic Capital and Blum Capital Partners, and 3 more on record.

### How much has Zignal Labs raised?

Zignal Labs has raised $75M across 6 rounds since 2012. One round did not disclose an amount, so the total is a floor.

### When did Zignal Labs last raise?

Zignal Labs's most recent round was a Debt of $15M in Jan 2019.

### What was Zignal Labs's biggest round?

Zignal Labs's largest round on record is $30M (Undisclosed round), in Feb 2018.

### Who backed Zignal Labs first?

Zignal Labs's first round on record, in Jan 2012, was backed by MENA Venture Investments.

### What stage is Zignal Labs at?

Zignal Labs's latest named round is a Debt, in Jan 2019.

### Where is Zignal Labs based?

Zignal Labs is based in the United States.

## Companies like Zignal Labs

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

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**Kevel** $75M · Oct 2026](https://millionrounds.com/company/kevel)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**DrizzleX** $9.1M · Oct 2026](https://millionrounds.com/company/drizzlex)

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