# Apreo Health funding: rounds and investors

> Apreo Health has raised $130M across 2 rounds since 2025. Investors include Bain Capital Life Sciences, Norwest Venture Partners and Bain Capital.

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

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

# Who invested in *Apreo Health*

2 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.

Biotech Healthcare Medical Devices

Raised 6 months ago

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Funding summary Updated 5 Nov 2026

**$130M** raised across 2 rounds since 2025, from 2 sources

- **Latest round:** Venture May 2026
- **Biggest round:** $130M Series B · Aug 2025
- **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.

2026

**$130M** Series B

**?** Venture

- **First round:** Series B, $130M
- **Biggest round:** $130M
- **Between rounds:** 9 months

## The rounds

- **May 2026** Venture **Amount undisclosed** *3 returning* [Norwest Venture Partners](https://millionrounds.com/fund/norwest) [Bain Capital](https://millionrounds.com/fund/bain-capital) [Bain Capital Life Sciences](https://millionrounds.com/fund/bain-capital-life-sciences) Source recorded
- **Aug 2025** Series B **$130M** *7 new* [Bain Capital Life Sciences](https://millionrounds.com/fund/bain-capital-life-sciences) Lead [Norwest Venture Partners](https://millionrounds.com/fund/norwest) [F-Prime Capital](https://millionrounds.com/fund/f-prime) [Bain Capital](https://millionrounds.com/fund/bain-capital) [Sante Ventures](https://millionrounds.com/fund/sante-ventures) [Lightstone Ventures](https://millionrounds.com/fund/lightstone-ventures) [Intuitive Ventures](https://millionrounds.com/fund/intuitive-ventures) Reported by TechStartups SEC filing: $82M sold, first sale Aug 2025

## Funding filed with regulators

Apreo Health filed one raise, $82M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Aug 2025 **$82M** 7 investors of $131M offered SEC Form D

## Founders and team

From Apreo Health's own website: 5 on the team.

- **Patrick Wu** Chief Technology Officer
- **Kara Liebig** VP Finance & Admin
- **Leland Keyt** VP Regulatory & Quality
- **Steve Thomas** VP Therapy Development
- **Karun D. Naga** Team

## 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 B** 2025 **Venture** 2026 [Bain Capital Life Sciences](https://millionrounds.com/fund/bain-capital-life-sciences) L [Norwest Venture Partners](https://millionrounds.com/fund/norwest) [Bain Capital](https://millionrounds.com/fund/bain-capital) [F-Prime Capital](https://millionrounds.com/fund/f-prime) [Sante Ventures](https://millionrounds.com/fund/sante-ventures) [Lightstone Ventures](https://millionrounds.com/fund/lightstone-ventures) [Intuitive Ventures](https://millionrounds.com/fund/intuitive-ventures)

## Everyone who backed them

[Bain Capital Life Sciences](https://millionrounds.com/fund/bain-capital-life-sciences) Private equity **2** rounds, led 1

[Norwest Venture Partners](https://millionrounds.com/fund/norwest) VC firm **2** rounds

[Bain Capital](https://millionrounds.com/fund/bain-capital) Private equity **2** rounds

[F-Prime Capital](https://millionrounds.com/fund/f-prime) VC firm **1** round

[Sante Ventures](https://millionrounds.com/fund/sante-ventures) VC firm **1** round

[Lightstone Ventures](https://millionrounds.com/fund/lightstone-ventures) VC firm **1** round

[Intuitive Ventures](https://millionrounds.com/fund/intuitive-ventures) Accelerator **1** round

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

## Also claim to have backed them

This firm lists Apreo 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.

[Star51 Capital](https://millionrounds.com/fund/star51-capital) VC firm Per its own site

## Quick answers about Apreo Health

### Who invested in Apreo Health?

Apreo Health's investors include Bain Capital Life Sciences, Norwest Venture Partners, Bain Capital, F-Prime Capital and Sante Ventures, and 2 more on record.

### How much has Apreo Health raised?

Apreo Health has raised $130M across 2 rounds since 2025. One round did not disclose an amount, so the total is a floor.

### When did Apreo Health last raise?

Apreo Health's most recent round was a Venture in May 2026.

### What was Apreo Health's biggest round?

Apreo Health's largest round on record is $130M (Series B), in Aug 2025, led by Bain Capital Life Sciences.

### Who backed Apreo Health first?

Apreo Health's first round on record, in Aug 2025, was backed by Bain Capital Life Sciences, Norwest Venture Partners and F-Prime Capital and 4 others.

### What stage is Apreo Health at?

Apreo Health's latest named round is a Venture, in May 2026.

### Where is Apreo Health based?

Apreo Health is based in the United States.

### Who led Apreo Health's rounds?

Bain Capital Life Sciences led the Series B in 2025.

## Companies like Apreo Health

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

[**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**GPN Vaccines** $10B · Nov 2026](https://millionrounds.com/company/gpn-vaccines)[**Omni** $244M · Nov 2026](https://millionrounds.com/company/omni)[**General Medicine** $152M · Nov 2026](https://millionrounds.com/company/general-medicine)[**Midstream Health** $27M · Oct 2026](https://millionrounds.com/company/midstream-health)[**Verisma** Oct 2026](https://millionrounds.com/company/verisma)

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