Valued at $21.0B at its Series D, Aug 2026. Nothing has traded since.
- ·Post-money valuations for 3 rounds
- ·The complete investor list: 57 names
- ·Everyone on the team, board and advisors included
- ·Watch Etched: the Monday email on marks, rounds and moves
Valuation timeline
3 priced rounds · 32 daily marks since · Jan 2026 – Oct 2026Membership and data by Private Market View
Etched funding history
5 rounds| Date | Round | Raised | Post-money | $/share |
|---|---|---|---|---|
| Aug 2026 | Series D | $700.0M | ▮ | ▮ |
| Jul 2026 | Series C | $300.0M | ▮ | ▮ |
| Jan 2026 | Series B | $500.0M | ▮ | ▮ |
| Jun 2024 | Series A | $120.0M | ▮ | ▮ |
| Mar 2023 | Seed | $5.4M | ▮ | ▮ |
Membership and data by Private Market View
Etched valuation
Etched was valued at $21 billion at its Series D in Aug 2026. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.
Recent activity
In the last 90 days, Etched's record added 1 funding round.
How much has Etched raised?
Etched has raised $745 million across 5 recorded rounds since 2023. The largest was a $700 million Series D in Aug 2026. 3 of the rounds disclosed a post-money valuation.
Institutional holders and vehicles
In the last 12 months, 4 investment vehicles were formed to buy Etched shares, reporting $14.1 million sold to 95 investors across 4 sponsors, per SEC Form D filings (most recent Feb 2026).
Comparable companies
How Etched's valuation is determined
Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.
For Etched, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by its last priced round. Question about this number? Full methodology →
Frequently asked about Etched
- What is Etched worth?
- Etched is valued at $21.0B as of Oct 2026. Valued at $21.0B at its Series D, Aug 2026. Nothing has traded since.
- How much has Etched raised?
- Etched has raised $745.0M in total funding across 5 recorded rounds.
- When did Etched last raise?
- Etched last raised in Aug 2026 (Series D), raising $700.0M.