United States · Funded startup

Who invested in Ajax Health

4 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

BiotechHealthcare

Funding summaryUpdated 26 Oct 2026

$320Mraised across 4 rounds since 2018, from 4 sources

$120MSeries B$85MRound$15MSeries C$100MRound
Latest round
Round, $100MSept 2019
Led by
HealthQuest Capital
Biggest round
$120MSeries B · Jul 2018
Step-upi
6.7×
Investors
7 (1 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019
$120MSeries B$85MRound$15MSeries C$100MRound
First round
Series B, $120M
Jul 2018
Biggest round
$120M
Series B · Jul 2018
Usual gap between rounds
4 months
the median of 3

The rounds

  1. Sept 2019
    Round$100M2 returning

    Reported by FinSMEs

  2. Jun 2019
    Series C$15M1 new2 returning

    Source recorded

  3. Apr 2019
    Round$85M1 returning

    Reported by FinSMEs

  4. Jul 2018
    Series B$120M6 new

    Reported by BioportfolioSEC filing: $125M sold, first sale Jul 2018

Founders and team

From Ajax Health's own website and the SEC filings it signed: 15 on the team.

  • Duke RohlenCEO & Managing Partner
  • Bill SteinerChief Compliance Officer
  • Giselle CamposHead of Human Resources
  • Neil ZimmermanVP of Engineering
  • Calvin WeiController
  • Caroline FernerSenior Associate
  • Casey DouganPartner & SVP Operations
  • Cason KynesPartner
  • David BeylikPartner
  • Jocelyn JacksonPartner & SVP Finance
  • Kayla HeinySenior Associate
  • Seattle HickeyAnalyst
  • Shane KreidelPartner & SVP Legal
  • Douglas KooExecutive Officeri
  • Douglas RohlenExecutive Officer, Directori

On the board, as filediJames MomtazeeNeel Varshney

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

HealthQuest CapitalGrowth equity3rounds, led 1
Polaris PartnersVC firm3rounds
Iconiq CapitalGrowth equity2rounds
IQ CapitalVC firm1round
KKRVC firm1round
Aislingno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

This firm lists Ajax Health as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

Aisling CapitalPrivate equityPer its own site

Quick answers about Ajax Health

Who invested in Ajax Health?

Ajax Health's investors include HealthQuest Capital, Polaris Partners, Iconiq Capital, Western Technology Investment and IQ Capital, and 2 more on record. HealthQuest Capital led its latest round.

How much has Ajax Health raised?

Ajax Health has raised $320M across 4 rounds since 2018.

When did Ajax Health last raise?

Ajax Health's most recent round was an Undisclosed round of $100M in Sept 2019, led by HealthQuest Capital.

What was Ajax Health's biggest round?

Ajax Health's largest round on record is $120M (Series B), in Jul 2018.

Who backed Ajax Health first?

Ajax Health's first round on record, in Jul 2018, was backed by Polaris Partners, Western Technology Investment and Iconiq Capital and 3 others.

What stage is Ajax Health at?

Ajax Health's latest named round is an Undisclosed round, in Sept 2019.

Where is Ajax Health based?

Ajax Health is based in the United States.

Who led Ajax Health's rounds?

HealthQuest Capital led the Undisclosed round in 2019.

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