Understory Funding: $40M Raised, Series A (2024)

Understory funding overview

Understory is a Climate company based in Madison, Wisconsin. Understory has raised $40M in total disclosed funding. That places its disclosed total in the $25M–$100M range. Its most recent disclosed round is a Series A announced in June 2024. The round record for Understory runs through 2024; nothing later has been disclosed. Investors on record include True Ventures, Prelude Ventures, 4490 Ventures, Monsanto Growth Ventures, RRE Ventures, SK Ventures and 2 others. 8 distinct backers are named across the disclosed rounds.

Understory at a glance

Total raised: $40M
Latest round: Series A
Latest round date: June 2024
Industry: Climate
Headquarters: Madison, Wisconsin
Notable investors: True Ventures, Prelude Ventures, 4490 Ventures, Monsanto Growth Ventures, RRE Ventures, SK Ventures, CSA Partners, Rise Of The Rest Seed Fund

Frequently asked about Understory funding

How much has Understory raised?: Understory has raised $40M in total disclosed funding across the rounds on record.
Who has invested in Understory?: True Ventures, Prelude Ventures, 4490 Ventures, Monsanto Growth Ventures, RRE Ventures, SK Ventures are named among the investors backing Understory.
What was the latest Understory funding round?: The most recent disclosed round is a Series A, announced in June 2024.
Where is Understory based?: Understory is based in Madison, Wisconsin.
What sector does Understory operate in?: Understory is tracked under Climate from Madison, Wisconsin, with $40M in disclosed funding.
When did Understory last raise?: The last disclosed Understory round closed in June 2024 at Series A.

Understory totals reflect disclosed capital only — undisclosed extensions and secondaries are excluded. Use the related Climate companies in Madison below to benchmark round size and investor mix.

Understory Funding: $40M Raised, Series A (2024)

Understory funding overview

Understory at a glance

Frequently asked about Understory funding

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