United States · Crowdfunding startup

Who invested in UpCounsel

6 rounds we have observed, with the 17 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.

B2BInternet

Funding summaryUpdated 26 Oct 2026

$30Mraised across 6 rounds since 2013, from 6 sources

$100KSeed$1.5MSeed$2.4MSeed$10MSeries A$12MSeries B$4.0MCrowdfunding
Latest round
Crowdfunding, $4.0MDec 2021
Biggest round
$12MSeries B · Apr 2018
Investors
17
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.

20132015201720192021
$100KSeed$1.5MSeed$2.4MSeed$10MSeries A$12MSeries B$4.0MCrowdfunding
First round
Seed, $100K
Apr 2013
Biggest round
$12M
Series B · Apr 2018
Usual gap between rounds
14 months
the median of 5

The rounds

  1. Dec 2021
    Crowdfunding$4.0M1 new4 returning

    Source recorded

  2. Apr 2018
    Series B$12M2 new2 returning

    Reported by Crunchbase NewsSEC filing: $12M sold, first sale Mar 2018

  3. Jul 2015
    Series A$10M1 new2 returning

    From a historical funding record

  4. Dec 2014
  5. Oct 2013
  6. Apr 2013
    Seed$100K1 new

    From a historical funding record

Founders and team

From the SEC filings it signed: 2 on the team.

  • Mason BlakeExecutive Officer, Director, Promoteri
  • Matthew FaustmanExecutive Officer, Director, Promoteri

On the board, as filediMartina LauchengcoVenky Ganesan

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.

Everyone who backed them

Menlo VenturesVC firm3rounds
HomebrewVC firm3rounds
SV AngelVC firm2rounds
Collaborative FundVC firm2rounds
Cota CapitalVC firm2rounds
AngelPadAccelerator2rounds
Metamorphic VenturesVC firm2rounds
Crosslink CapitalVC firm1round
FundersClubVC firm1round
Signatures CapitalVC firm1round
Bluepoint PartnersAccelerator1round
CompoundVC firm1round
Shawn V. GruverVC firm1round
CompoundWealth manager1round

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

Also claim to have backed them

These 3 firms list UpCounsel 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.

Rona HoldingsPrivate equityPer its own site
Runway Venture PartnersVC firmPer its own site
Vantage VentureVC firmPer its own site

Quick answers about UpCounsel

Who invested in UpCounsel?

UpCounsel's investors include Menlo Ventures, Homebrew, SV Angel, Collaborative Fund and Cota Capital, and 12 more on record.

How much has UpCounsel raised?

UpCounsel has raised $30M across 6 rounds since 2013.

When did UpCounsel last raise?

UpCounsel's most recent round was a Crowdfunding of $4.0M in Dec 2021.

What was UpCounsel's biggest round?

UpCounsel's largest round on record is $12M (Series B), in Apr 2018.

Who backed UpCounsel first?

UpCounsel's first round on record, in Apr 2013, was backed by AngelPad.

What stage is UpCounsel at?

UpCounsel's latest named round is a Crowdfunding, in Dec 2021.

Where is UpCounsel based?

UpCounsel is based in the United States.

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