Balena
PrivateLast Round
Growth Equity
Jan 20, 2026
Total Funding Raised
$31.4M
Momentum
Top 50%
of companies Caplight tracks
Company Overview
Balena operates in AI, Data & Cloud Infrastructure and is based in Seattle, Washington. Its latest recorded funding round was a Growth Equity round in January 2026.
Balena is a software company that provides a comprehensive platform for building, deploying, and managing fleets of connected Internet of Things (IoT) and edge computing devices.
Sector
AI, Data & Cloud Infrastructure
Verticals
Edge Computing, DevOps & Containers, IoT Hardware, Platform-as-a-Service, Smart Manufacturing
Business Model
B2B
Customer Profile
Subscription SaaS, Freemium
AI Layer
Infrastructure
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Balena Comparables
Compare Balena with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Northern.tech | 84% | |
| Pantacor | 79% | |
| Nordic Semiconductor ASA | 78% |
For institutional investors. Book with your work email.
Balena Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Growth Equity | Jan 20, 2026 | ||||
| Series B | Jul 24, 2019 | ||||
| Series B | Jun 11, 2018 | ||||
| Early Funding | Jun 27, 2016 | ||||
| Series A | Apr 14, 2015 |
For institutional investors. Book with your work email.
Key People
Founding team and executive leadership
For institutional investors. Book with your work email.
Balena Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Threshold Ventures | Series B |
| Openfund | Series A |
| Aspect Ventures | Early Funding, Series B |
| DFJ Ventures | Series A |
| Draper Fisher Jurvetson Management | Early Funding, Series B |
| DFJ Growth | Early Funding, Series B, Series A |
| OpenView Venture Partners | Series B |
For institutional investors. Book with your work email.
Market signals
Structured signals derived from secondary market and firmographic data.
- Jan 20, 2026
LoneTree Capital led the round.
- Jan 5, 2026
Added Elemental Machines Inc. in Life Sciences Technology.
For institutional investors. Book with your work email.
Recent news
Latest coverage and updates
- launchesOct 29, 2026
Balena announces OS support for Compulab’s EdgeAI-ORN Jetson Orin NX device, an industrial-grade Edge AI computer with an NVIDIA Jetson Orin NX module designed for rugged, compact AI deployments, on Oct 29th ’26.
- launchesOct 12, 2026
Balena launches Browser Block v3, a hardware-accelerated Chromium browser optimized for balena devices that uses Wayland and provides improved hardware decoding.
- receives_awardOct 7, 2026
Balena wins the Platinum award for Industrial Endpoint Cybersecurity Innovation at Juniper Research’s inaugural Future Digital Awards for Identity & Security in 2026, recognizing balenaCloud’s practical edge security at scale.
- hiresSep 15, 2026
Balena appoints Leon Hurst as Chief Executive Officer, effective immediately, to lead its next phase of growth in United Kingdom on Sep 15th '26.
- has_revenueAug 10, 2026
In 2025, Balena reaches $8.3M in estimated annual revenue.
For institutional investors. Book with your work email.
Balena Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Book a demoFor institutional investors. Book with your work email.
Frequently Asked Questions
Common questions about Balena's valuation, stock price, and market status.
Is Balena a public or private company?
Balena is a private company.
What is the current stock price of Balena?
Balena is a private company, so its shares have no public market price. Caplight tracks Balena's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Balena worth (valuation)?
Valuation information for Balena is not publicly available.
Can I buy Balena stock?
Balena shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Balena's last funding round?
Balena's most recent funding round was Growth Equity on January 20, 2026.
Who are the main investors in Balena?
Key investors in Balena include DFJ Ventures, DFJ Growth, OpenView Venture Partners, LoneTree Capital.
Will Balena IPO soon?
No public IPO plans have been announced for Balena.
How can I track Balena secondary market activity?
Caplight tracks bids, offers, and trades in Balena's shares on secondary markets.