Denmark · Growth startup

Who invested in Zmags

7 rounds we have observed, with the 5 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.

Funding summaryUpdated 26 Oct 2026

$21Mraised across 7 rounds since 2008, from 7 sources

$2.3MSeries A$4.2MSeries B$1.2MVenture$7.0MDebt$150KSeed$6.0MVenture
Latest round
GrowthJan 2014
Biggest round
$7.0MDebt · Dec 2011
Investors
5
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.

2008200920102011201220132014
$2.3MSeries A$4.2MSeries B$1.2MVenture$7.0MDebt$150KSeed$6.0MVenture?Growth
First round
Series A, $2.3M
Jan 2008
Biggest round
$7.0M
Debt · Dec 2011
Usual gap between rounds
15 months
the median of 5

The rounds

  1. Jan 2014
    GrowthAmount undisclosed1 new

    From a historical funding record

  2. Oct 2012
    Venture$6.0M1 new

    Reported by masshightech.com

  3. Jan 2012
    Seed$150K

    No investor was named in the report.

    Reported by sec.govSEC filing: $150K sold, first sale Dec 2011

  4. Dec 2011
    Debt$7.0M1 new2 returning

    Reported by techcrunch.comSEC filing: $2.0M sold, first sale Dec 2011

  5. Sept 2009
    Venture$1.2M

    No investor was named in the report.

    From a historical funding recordSEC filing: $1.2M sold, first sale Sept 2009

  6. May 2008
    Series B$4.2M1 new1 returning

    Reported by newswire.ca

  7. Jan 2008
    Series A$2.3M1 new

    From a historical funding record

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.

Series A2008Series B2008Venture2009Debt2011Seed2012Venture2012Growth2014NorthcapOpenViewSquare 1 BankNorth Atlantic CapitalThe Gores Group

Everyone who backed them

NorthcapVC firm3rounds
OpenViewVC firm2rounds
Square 1 BankInvestment firm1round
The Gores GroupFamily office1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

This firm lists Zmags 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.

TIMIA CapitalVC firmPer its own site

Quick answers about Zmags

Who invested in Zmags?

Zmags's investors include Northcap, OpenView, Square 1 Bank, North Atlantic Capital and The Gores Group.

How much has Zmags raised?

Zmags has raised $21M across 7 rounds since 2008. One round did not disclose an amount, so the total is a floor.

When did Zmags last raise?

Zmags's most recent round was a Growth in Jan 2014.

What was Zmags's biggest round?

Zmags's largest round on record is $7.0M (Debt), in Dec 2011.

Who backed Zmags first?

Zmags's first round on record, in Jan 2008, was backed by Northcap.

What stage is Zmags at?

Zmags's latest named round is a Growth, in Jan 2014.

Where is Zmags based?

Zmags is based in Denmark.

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