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Funding round

N26 Seed

N26, which works in digital banking services in Berlin, raised $2.0M in a Seed round announced on 1 Jun 2014, led by Earlybird. 1 firm took part. It is N26's first venture round on record.

$2.0M

Amount raised

Not disclosed

Post-money valuation

1

Investors

1 lead

Valuation

What this round says about the price

N26 did not disclose a valuation in this round. It is N26's first venture round on record, 1 year after it was founded in 2013. It is under 1% of the $1.41B N26 has raised in the venture rounds on record. N26 raised again 10 months later: a Series A round of $11M in Apr 2015. Its next priced round, a Series D in Jan 2019, valued it at $2.70B.

N26's funding rounds

N26 has 6 venture rounds on record. This one is highlighted.

  1. Seed this round 1 Jun 2014, led by Earlybird $2.0M
  2. Series A 16 Apr 2015, led by Valar Ventures $11M
  3. Series B 21 Jun 2016, led by Horizons Ventures $40M
  4. Series C 20 Mar 2018, led by Tencent Holdings Ltd., Allianz X and Allianz $160M
  5. Series D 9 Jan 2019, led by Insight Partners and GIC $300M$2.70B post-money
  6. Series E 18 Oct 2021, led by Third Point Ventures and Coatue $900M$9.00B post-money

Investors

Who put money in

Earlybird led the round.

Lead investor

  • Earlybird new investor

Comparable rounds

How it compares

The closest in time, other companies' Seed rounds in Banks & ATMs:

Comparable rounds
CompanyAnnouncedAmountPost-moneyLed by
Bluevine Banks & ATMs13 Aug 2014$1.5Mnot disclosednot named
Revolut Banks & ATMs1 Jan 2015$2.3M$12MBalderton Capital
Banks & ATMs1 Jan 2015$1.0Mnot disclosedBrooklyn Bridge Ventures

Sources

Where this comes from

Reported by 2 sources.

Questions

Frequently asked

How much did N26 raise in its Seed round?

N26 raised $2.0M in its Seed round, announced in Jun 2014.

Who led N26's Seed round?

Earlybird led it.

What was N26's valuation at the Seed round?

It was not disclosed.

Did N26 raise again after this round?

Yes: a Series A round in Apr 2015 of $11M.