# Akero Therapeutics funding: rounds and investors

> Akero Therapeutics has raised $502M across 3 rounds since 2018. Investors include Versant Ventures, Apple Tree Partners and venBio Partners.

Source: https://millionrounds.com/company/akero-therapeutics (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Akero Therapeutics*

3 rounds we have observed, with the 15 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.

Biotech Healthcare

Funding summary Updated 26 Oct 2026

**$502M** raised across 3 rounds since 2018, from 3 sources

**$65M** Series A **$70M** Series B **$367M** Round

- **Latest round:** Round, $367M Mar 2024
- **Step-up i:** 5.2×
- **Investors:** 15

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 2020 2021 2022 2023 2024

**$65M** Series A

**$70M** Series B

**$367M** Round

- **First round:** Series A, $65M
- **Biggest round:** $367M
- **Usual gap between rounds:** 5.3 years

## The rounds

- **Mar 2024** Round **$367M** *5 new* [General Atlantic](https://millionrounds.com/fund/general-atlantic) [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) [Adage Capital Management](https://millionrounds.com/fund/adage-capital-management) Source recorded
- **Dec 2018** Series B **$70M** *6 new* *4 returning* [Versant Ventures](https://millionrounds.com/fund/versant-ventures) [Apple Tree Partners](https://millionrounds.com/fund/apple-tree-partners) [venBio Partners](https://millionrounds.com/fund/venbio) [Cormorant Capital](https://millionrounds.com/fund/cormorant-capital) [Boxer Capital](https://millionrounds.com/fund/boxer-capital) [Atlas](https://millionrounds.com/fund/atlas-2) [BVF Partners](https://millionrounds.com/fund/bvf-partners) [LifeSci Venture Partners](https://millionrounds.com/fund/lifesci-venture-partners) Janus Henderson Investors/ Redmile Group Rock Springs Reported by FinSMEs SEC filing: $45M sold, first sale Dec 2018
- **Jun 2018** Series A **$65M** *4 new* [Versant Ventures](https://millionrounds.com/fund/versant-ventures) [Apple Tree Partners](https://millionrounds.com/fund/apple-tree-partners) [venBio Partners](https://millionrounds.com/fund/venbio) [Atlas](https://millionrounds.com/fund/atlas-2) Reported by FinSMEs

## Founders and team

From Akero Therapeutics's own website and the SEC filings it signed: 9 on the team.

- **Libette Luce** Vice President, Regulatory Affairs
- **Sean Doyle** Vice President, Operations
- **Yasmine Rafidi** Vice President, Head of Finance
- **Scott Gangloff** Chief Technical Officer
- **Jane Pritchett Henderson** Independent Board Member
- **Tom Heyman** Independent Board Member
- **Andrew Cheng** Executive Officer, Director i
- **Jonathan Young** Executive Officer i
- **Mark Iwicki** Chairman

On the board, as filed i *Aaron Kantoff* *Aaron Royston* *Graham Walmsley* *Kevin Bitterman*

## 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.

**Series A** 2018 **Series B** 2018 **Round** 2024 [Versant Ventures](https://millionrounds.com/fund/versant-ventures) [Apple Tree Partners](https://millionrounds.com/fund/apple-tree-partners) [venBio Partners](https://millionrounds.com/fund/venbio) [Atlas](https://millionrounds.com/fund/atlas-2) [General Atlantic](https://millionrounds.com/fund/general-atlantic) [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) [Adage Capital Management](https://millionrounds.com/fund/adage-capital-management) [Cormorant Capital](https://millionrounds.com/fund/cormorant-capital)

## Everyone who backed them

[Versant Ventures](https://millionrounds.com/fund/versant-ventures) VC firm **2** rounds

[Apple Tree Partners](https://millionrounds.com/fund/apple-tree-partners) VC firm **2** rounds

[venBio Partners](https://millionrounds.com/fund/venbio) VC firm **2** rounds

[Atlas](https://millionrounds.com/fund/atlas-2) Private equity **2** rounds

[General Atlantic](https://millionrounds.com/fund/general-atlantic) Private equity **1** round

[Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) Asset manager **1** round

[Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) Private equity **1** round

[Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) Private equity **1** round

[Adage Capital Management](https://millionrounds.com/fund/adage-capital-management) Asset manager **1** round

[Cormorant Capital](https://millionrounds.com/fund/cormorant-capital) VC firm **1** round

[Boxer Capital](https://millionrounds.com/fund/boxer-capital) VC firm **1** round

[BVF Partners](https://millionrounds.com/fund/bvf-partners) VC firm **1** round

[LifeSci Venture Partners](https://millionrounds.com/fund/lifesci-venture-partners) VC firm **1** round

Janus Henderson Investors/ Redmile Group no record of our own yet **1** round

Rock Springs no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=akero-therapeutics).

## Quick answers about Akero Therapeutics

### Who invested in Akero Therapeutics?

Akero Therapeutics's investors include Versant Ventures, Apple Tree Partners, venBio Partners, Atlas and General Atlantic, and 10 more on record.

### How much has Akero Therapeutics raised?

Akero Therapeutics has raised $502M across 3 rounds since 2018.

### When did Akero Therapeutics last raise?

Akero Therapeutics's most recent round was an Undisclosed round of $367M in Mar 2024.

### What was Akero Therapeutics's biggest round?

Its most recent round, $367M in Mar 2024, is also its largest on record.

### Who backed Akero Therapeutics first?

Akero Therapeutics's first round on record, in Jun 2018, was backed by Versant Ventures, Apple Tree Partners and venBio Partners and 1 others.

### What stage is Akero Therapeutics at?

Akero Therapeutics's latest named round is an Undisclosed round, in Mar 2024.

### Where is Akero Therapeutics based?

Akero Therapeutics is based in the United States.

## Companies like Akero Therapeutics

In the same sector, and raised in the last eighteen months.

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app
