United States · Series A startup

Who invested in Alma

4 rounds we have observed, with the 12 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.

BiotechFinancial ServicesHealthcare

Raised 11 months agoValuation: $800M, Oct 2024

Funding summaryUpdated 26 Oct 2026

$286Mraised across 4 rounds since 2018, from 4 sources

$4.5MSeed$131MSeries C$130MSeries D$20MSeries A
Latest round
Series A, $20MDec 2025
Biggest round
$131MSeries C · Feb 2022
Investors
12 (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.

2019202020212022202320242025
$4.5MSeed$131MSeries C$130MSeries D$20MSeries A
First round
Seed, $4.5M
Oct 2018
Biggest round
$131M
Series C · Feb 2022
Usual gap between rounds
3.3 years
the median of 3

The rounds

  1. Dec 2025
    Series A$20M1 new

    Source recorded

  2. Aug 2022
    Series D$130M3 new2 returning

    Source recorded

  3. Feb 2022
    Series C$131M4 new

    Source recorded

  4. Oct 2018
    Seed$4.5M4 new

    Reported by AlleyWatch

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.

Seed2018Series C2022Series D2022Series A2025First Round CapitalLBoxGroupBpifranceInsight PartnersTengxun TouziForerunner VenturesPicus CapitalPrimary Venture PartnersCathay InnovationOptum Ventures

Everyone who backed them

First Round CapitalVC firm2rounds, led 1
BoxGroupVC firm2rounds
BpifranceGovernment1round
Insight PartnersVC firm1round
Tengxun TouziVC firm1round
Forerunner VenturesVC firm1round
Picus CapitalVC firm1round
Primary Venture PartnersVC firm1round
Cathay InnovationVC firm1round
Optum VenturesVC firm1round
Rainfall VenturesVC firm1round
Able PartnersVC firm1round

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

Quick answers about Alma

Who invested in Alma?

Alma's investors include First Round Capital, BoxGroup, Bpifrance, Insight Partners and Tengxun Touzi, and 7 more on record.

How much has Alma raised?

Alma has raised $286M across 4 rounds since 2018.

When did Alma last raise?

Alma's most recent round was a Series A of $20M in Dec 2025.

What was Alma's biggest round?

Alma's largest round on record is $131M (Series C), in Feb 2022.

Who backed Alma first?

Alma's first round on record, in Oct 2018, was backed by First Round Capital, BoxGroup and Rainfall Ventures and 1 others.

What stage is Alma at?

Alma's latest named round is a Series A, in Dec 2025.

Where is Alma based?

Alma is based in the United States.

Who led Alma's rounds?

First Round Capital led the Seed in 2018.

Companies like Alma

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

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