Sweden · Funded startup

Who invested in Mathem

3 rounds we have observed, with the 2 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.

Internet

Funding summaryUpdated 26 Oct 2026

$122Mraised across 3 rounds since 2014, from 3 sources

$25MRound$97MRound
Latest round
Round, $97MFeb 2019
Step-upi
3.9×
Investors
2
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.

20152016201720182019
?Venture$25MRound$97MRound
First round
Venture
Dec 2014
Biggest round
$97M
Round · Feb 2019
Usual gap between rounds
3.7 years
the median of 2

The rounds

  1. Feb 2019
    Round$97M1 new

    Reported by FinSMEs

  2. Jun 2015
    Round$25M

    No investor was named in the report.

    From a historical funding record

  3. Dec 2014
    VentureAmount undisclosed1 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.

Venture2014Round2015Round2019KinnevikRite Ventures

Everyone who backed them

KinnevikVC firm1round
Rite VenturesVC firm1round

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

Also claim to have backed them

These 3 firms list Mathem 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.

Oryx FundVC firmPer its own site
Hambro PerksVC firmPer its own site
CNIVenture studioPer its own site

Quick answers about Mathem

Who invested in Mathem?

Mathem's investors include Kinnevik and Rite Ventures.

How much has Mathem raised?

Mathem has raised $122M across 3 rounds since 2014. One round did not disclose an amount, so the total is a floor.

When did Mathem last raise?

Mathem's most recent round was an Undisclosed round of $97M in Feb 2019.

What was Mathem's biggest round?

Its most recent round, $97M in Feb 2019, is also its largest on record.

Who backed Mathem first?

Mathem's first round on record, in Dec 2014, was backed by Rite Ventures.

What stage is Mathem at?

Mathem's latest named round is an Undisclosed round, in Feb 2019.

Where is Mathem based?

Mathem is based in Sweden.

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