# Zipline funding: rounds and investors

> Zipline has raised $680M across 4 rounds since 2016. Investors include Sequoia Capital, Andreessen Horowitz and Visionnaire Ventures.

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

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

# Who invested in *Zipline*

4 rounds we have observed, with the 38 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.

Delivery Drones Logistics

Raised 9 months ago Valuation: $7.6B, Mar 2026

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Funding summary Updated 5 Nov 2026

**$680M** raised across 4 rounds since 2016, from 6 sources

**$25M** Round **$25M** Series B **$30M** Series B **$600M** Growth

- **Latest round:** Growth, $600M Jan 2026
- **Step-up i:** 20×
- **Investors:** 38

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.

2018 2020 2022 2024 2026

**$25M** Round

**$25M** Series B

**$30M** Series B

**$600M** Growth

- **First round:** Round, $25M
- **Biggest round:** $600M
- **Usual gap between rounds:** 4.3 years

## The rounds

- **Jan 2026** Growth **$600M** *7 new* *2 returning* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [Temasek Holdings](https://millionrounds.com/fund/temasek) [Fidelity](https://millionrounds.com/fund/fidelity) [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) [TPG](https://millionrounds.com/fund/tpg) [Paradigm](https://millionrounds.com/fund/paradigm) [Baillie Gifford](https://millionrounds.com/fund/baillie-gifford) Reported by Crunchbase News and 2 others
- **Mar 2021** Series B **$30M** *5 new* [Alchemist Accelerator](https://millionrounds.com/fund/alchemist-accelerator) [Ridge Ventures](https://millionrounds.com/fund/ridge-ventures) [Serena](https://millionrounds.com/fund/serena) [Fifth Wall](https://millionrounds.com/fund/fifth-wall) [Emergence Capital](https://millionrounds.com/fund/emergence-capital) Source recorded
- **Nov 2016** Series B **$25M** *1 returning* [Visionnaire Ventures](https://millionrounds.com/fund/visionnaire-ventures) Reported by TechCrunch SEC filing: $100K sold
- **Sept 2016** Round **$25M** *26 new* [Techstars](https://millionrounds.com/fund/techstars) [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [SV Angel](https://millionrounds.com/fund/sv-angel) [Google Ventures](https://millionrounds.com/fund/gv) [BoxGroup](https://millionrounds.com/fund/boxgroup) [Felicis](https://millionrounds.com/fund/felicis-ventures) [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) [CrunchFund](https://millionrounds.com/fund/crunchfund-3) [Alliance of Angels](https://millionrounds.com/fund/alliance-of-angels) [David Cohen](https://millionrounds.com/fund/david-cohen) [David Tisch](https://millionrounds.com/fund/david-tisch) [Jerry Yang](https://millionrounds.com/fund/jerry-yang) [PivotNorth Capital](https://millionrounds.com/fund/pivotnorth) [Morado Venture Partners](https://millionrounds.com/fund/morado-venture-partners) [Visionnaire Ventures](https://millionrounds.com/fund/visionnaire-ventures) [Grishin Robotics](https://millionrounds.com/fund/grishin-robotics) [VTF Capital](https://millionrounds.com/fund/vtf-capital) [Klein Venture Partners](https://millionrounds.com/fund/klein-venture-partners) [Andy White](https://millionrounds.com/fund/andy-white) [Anthony Hsieh](https://millionrounds.com/fund/anthony-hsieh) Ariel Arrieta Pacific Alliance Limited Paul Allen Stanford Management Company Subtraction Capital Source recorded SEC filing: $100K sold

## Founders and team

From Zipline's own website: 7 on the team.

- **Jimmy Frangis** Chief Executive Officer
- **Beth Strickland** Chief Human Resources Officer
- **Derek Young** Interim Chief Financial Officer
- **Douglas Henderson** Chief Strategy Officer
- **Linnea Geiss** Chief Operating Officer
- **Matt Andrews** Chief Revenue Officer
- **Sin Hin Wong** GM & VP Sales, APAC

## 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** 2016 **Series B** 2016 **Series B** 2021 **Growth** 2026 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Visionnaire Ventures](https://millionrounds.com/fund/visionnaire-ventures) [Techstars](https://millionrounds.com/fund/techstars) [SV Angel](https://millionrounds.com/fund/sv-angel) [Google Ventures](https://millionrounds.com/fund/gv) [BoxGroup](https://millionrounds.com/fund/boxgroup) [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [Felicis](https://millionrounds.com/fund/felicis-ventures) [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau)

## Everyone who backed them

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **2** rounds

[Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **2** rounds

[Visionnaire Ventures](https://millionrounds.com/fund/visionnaire-ventures) VC firm **2** rounds

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

[SV Angel](https://millionrounds.com/fund/sv-angel) VC firm **1** round

[Google Ventures](https://millionrounds.com/fund/gv) Corporate VC **1** round

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

[Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) VC firm **1** round

[Felicis](https://millionrounds.com/fund/felicis-ventures) VC firm **1** round

[Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) VC firm **1** round

[Temasek Holdings](https://millionrounds.com/fund/temasek) VC firm **1** round

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

[Alchemist Accelerator](https://millionrounds.com/fund/alchemist-accelerator) Accelerator **1** round

[Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) VC firm **1** round

[Ridge Ventures](https://millionrounds.com/fund/ridge-ventures) VC firm **1** round

[CrunchFund](https://millionrounds.com/fund/crunchfund-3) VC firm **1** round

[TPG](https://millionrounds.com/fund/tpg) Private equity **1** round

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

[Alliance of Angels](https://millionrounds.com/fund/alliance-of-angels) Angel network **1** round

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

[Fifth Wall](https://millionrounds.com/fund/fifth-wall) VC firm **1** round

[David Cohen](https://millionrounds.com/fund/david-cohen) Angel **1** round

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

[David Tisch](https://millionrounds.com/fund/david-tisch) VC firm **1** round

[Baillie Gifford](https://millionrounds.com/fund/baillie-gifford) Asset manager **1** round

[Jerry Yang](https://millionrounds.com/fund/jerry-yang) VC firm **1** round

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

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

[Grishin Robotics](https://millionrounds.com/fund/grishin-robotics) VC firm **1** round

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

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

[Andy White](https://millionrounds.com/fund/andy-white) Angel **1** round

[Anthony Hsieh](https://millionrounds.com/fund/anthony-hsieh) Angel **1** round

Ariel Arrieta no record of our own yet **1** round

Pacific Alliance Limited no record of our own yet **1** round

Paul Allen no record of our own yet **1** round

Stanford Management Company no record of our own yet **1** round

Subtraction Capital 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=zipline).

## Also claim to have backed them

This firm lists Zipline as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Luminate Capital](https://millionrounds.com/fund/luminate-capital) Private equity Per its own site

## Quick answers about Zipline

### Who invested in Zipline?

Zipline's investors include Sequoia Capital, Andreessen Horowitz, Visionnaire Ventures, Techstars and SV Angel, and 33 more on record.

### How much has Zipline raised?

Zipline has raised $680M across 4 rounds since 2016.

### When did Zipline last raise?

Zipline's most recent round was a Growth of $600M in Jan 2026.

### What was Zipline's biggest round?

Its most recent round, $600M in Jan 2026, is also its largest on record.

### Who backed Zipline first?

Zipline's first round on record, in Sept 2016, was backed by Techstars, Sequoia Capital and Andreessen Horowitz and 23 others.

### What stage is Zipline at?

Zipline's latest named round is a Growth, in Jan 2026.

### Where is Zipline based?

Zipline is based in the United States.

## Companies like Zipline

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

[**Tutor Intelligence** $109M · Nov 2026](https://millionrounds.com/company/tutor-intelligence)[**Agility Robotics** $1.3B · Oct 2026](https://millionrounds.com/company/agility-robotics)[**SpendRule** $6.0M · Oct 2026](https://millionrounds.com/company/spendrule)[**Plato** $40M · Oct 2026](https://millionrounds.com/company/plato)[**Broccoli AI** $52M · Oct 2026](https://millionrounds.com/company/broccoli-ai)[**Rendezvous Robotics** $28M · Oct 2026](https://millionrounds.com/company/rendezvous-robotics)

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