# Alto Neuroscience funding: rounds and investors > Alto Neuroscience has raised $270M across 3 rounds since 2025. Investors include Valor Equity Partners, Franklin Templeton and Vivo Capital. Source: https://millionrounds.com/company/alto-neuroscience (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *Alto Neuroscience* 3 rounds we have observed, with the 6 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. AI Raised 4 months ago Funding summary Updated 26 Oct 2026 **$270M** raised across 3 rounds since 2025, from 3 sources **$50M** Round **$120M** Round **$100M** Round - **Latest round:** Round, $100M Jul 2026 - **Biggest round:** $120M Round · Mar 2026 - **Investors:** 6 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. 2026 **$50M** Round **$120M** Round **$100M** Round - **First round:** Round, $50M - **Biggest round:** $120M - **Usual gap between rounds:** 4 months ## The rounds - **Jul 2026** Round **$100M** *1 new* *3 returning* [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [Vivo Capital](https://millionrounds.com/fund/vivo-capital) [Eli Lilly](https://millionrounds.com/fund/eli-lilly) Source recorded - **Mar 2026** Round **$120M** *5 new* [Gaingels](https://millionrounds.com/fund/gaingels) [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [Vivo Capital](https://millionrounds.com/fund/vivo-capital) Source recorded - **Oct 2025** Round **$50M** No investor was named in the report. Filed with the SEC (Form D); no report of this raise yet SEC filing: $50M sold, first sale Oct 2025 ## Founders and team From Alto Neuroscience's own website: 4 on the team. - **Nick Smith** President and Chief Financial Officer - **Erin R. McQuade** General Counsel and Chief Administrative Officer - **Jessica Powell** Chief Development Officer - **Michael Hanley** Chief Operating Officer Advisers *Dan Segal* ## 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. **Round** 2025 **Round** 2026 **Round** 2026 [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [Vivo Capital](https://millionrounds.com/fund/vivo-capital) [Gaingels](https://millionrounds.com/fund/gaingels) [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) [Eli Lilly](https://millionrounds.com/fund/eli-lilly) ## Everyone who backed them [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) VC firm **2** rounds [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) Private equity **2** rounds [Vivo Capital](https://millionrounds.com/fund/vivo-capital) Private equity **2** rounds [Gaingels](https://millionrounds.com/fund/gaingels) Private equity **1** round [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) Asset manager **1** round [Eli Lilly](https://millionrounds.com/fund/eli-lilly) Corporate VC **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=alto-neuroscience). ## Also claim to have backed them These 5 firms list Alto Neuroscience as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Alpha Wave Global](https://millionrounds.com/fund/alpha-wave-global) Private equity Per its own site [Windham Capital Partners](https://millionrounds.com/fund/windham-capital-partners) Growth equity Per its own site [Able Partners](https://millionrounds.com/fund/able-partners) VC firm Per its own site [What If Ventures](https://millionrounds.com/fund/what-if-ventures) VC firm Per its own site [InVivium Capital](https://millionrounds.com/fund/invivium-capital) VC firm Per its own site ## Quick answers about Alto Neuroscience ### Who invested in Alto Neuroscience? Alto Neuroscience's investors include Valor Equity Partners, Franklin Templeton, Vivo Capital, Gaingels and Perceptive Advisors, and 1 more on record. ### How much has Alto Neuroscience raised? Alto Neuroscience has raised $270M across 3 rounds since 2025. ### When did Alto Neuroscience last raise? Alto Neuroscience's most recent round was an Undisclosed round of $100M in Jul 2026. ### What was Alto Neuroscience's biggest round? Alto Neuroscience's largest round on record is $120M (Undisclosed round), in Mar 2026. ### Who backed Alto Neuroscience first? Alto Neuroscience's first round on record, in Mar 2026, was backed by Gaingels, Valor Equity Partners and Perceptive Advisors and 2 others. ### What stage is Alto Neuroscience at? Alto Neuroscience's latest named round is an Undisclosed round, in Jul 2026. ### Where is Alto Neuroscience based? Alto Neuroscience is based in the United States. ## Companies like Alto Neuroscience In the same sector, and raised in the last eighteen months. 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