Better Auth raises $5M seed
Announced 26 June 2025
◆ The Round
Better Auth raised $5M in seed funding, announced on 26 June 2025, led by Peak XV Partners, with participation from Y Combinator, P1 Ventures, Chapter One. The round is tracked live by Fusion42 as part of the Raise fund database and the Scout startup database.
◆ About Better Auth
An open-source authentication platform that enables developers to integrate authentication features such as sign-in, role management and password resets directly into applications. Better Auth is based in Ethiopia and currently at seed stage, operating in Enterprise Software.
◆ Investors
LeadPeak XV Partners
ParticipationY Combinator, P1 Ventures, Chapter One
◆ Market context
This funding event is a citable node in Fusion42's market graph: it links Better Auth's Scout profile to the funds behind the round and to related Wire analysis, and is refreshed from public announcements as the round is confirmed or extended. It is the same live market data Arthur reasons over when benchmarking a founder's own raise against what is closing in the market right now.
◆ Explore the market
◆ FAQ
How much did Better Auth raise?
Better Auth raised $5M in its seed round, announced 2025-06-26.
Who invested in Better Auth's seed round?
The round was led by Peak XV Partners, with participation from Y Combinator, P1 Ventures and Chapter One.
What does Better Auth do?
An open-source authentication platform that enables developers to integrate authentication features such as sign-in, role management and password resets directly into applications.
Verified 9 July 2026 · Sources: public filings