# Arcutis Biotherapeutics funding: rounds and investors > Arcutis Biotherapeutics has raised $245M across 2 rounds since 2019. Investors include Goldman Sachs, BlackRock and Vivo Capital. Every round with its source. Source: https://millionrounds.com/company/arcutis-biotherapeutics (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *Arcutis Biotherapeutics* 2 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. Biotech Healthcare Pharma Funding summary Updated 26 Oct 2026 **$245M** raised across 2 rounds since 2019, from 2 sources **$95M** Series C **$150M** Round - **Latest round:** Round, $150M Feb 2024 - **Step-up i:** 1.6× - **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. 2020 2021 2022 2023 2024 **$95M** Series C **$150M** Round - **First round:** Series C, $95M - **Biggest round:** $150M - **Between rounds:** 4.3 years ## The rounds - **Feb 2024** Round **$150M** *1 new* *3 returning* [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [BlackRock](https://millionrounds.com/fund/blackrock) [Vivo Capital](https://millionrounds.com/fund/vivo-capital) Source recorded - **Oct 2019** Series C **$95M** *5 new* [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [BlackRock](https://millionrounds.com/fund/blackrock) [Vivo Capital](https://millionrounds.com/fund/vivo-capital) [Omega Funds](https://millionrounds.com/fund/omega-funds) Pivotal BioVentures Reported by Sfvbj SEC filing: $94M sold, first sale Oct 2019 ## Founders and team From Arcutis Biotherapeutics's own website and the SEC filings it signed: 12 on the team. - **Aleen Hosdaghian** Vice President, Marketing - **Charlotte Merritt** Vice President, Regulatory Affairs - **Chris Kloc** Vice President, Dermatology Sales - **Meg Elias** Vice President, Clinical Operations - **Mike Injaychock** Vice President, Commercial Operations - **Frank Watanabe** President and CEO - **Bethany Dudek** Chief Technical Officer - **Latha Vairavan** Chief Financial Officer - **Raj Madan** Chief Digital and Information Technology Officer - **Robert Lisicki** Chief Commercial Officer - **Todd Tucker** Chief Human Resources Officer - **Todd Franklin Watanabe** Executive Officer, Director i On the board, as filed i *Alexander Franklin Asam* *Bhaskar Franklin Chaudhuri* *Daniel Franklin Estes* *Jonathan Franklin Silverstein* *Patrick Franklin Heron* *Ricky Franklin Sun* ## 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 C** 2019 **Round** 2024 [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [BlackRock](https://millionrounds.com/fund/blackrock) [Vivo Capital](https://millionrounds.com/fund/vivo-capital) [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Omega Funds](https://millionrounds.com/fund/omega-funds) Pivotal BioVentures ## Everyone who backed them [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) Private equity **2** rounds [BlackRock](https://millionrounds.com/fund/blackrock) Asset manager **2** rounds [Vivo Capital](https://millionrounds.com/fund/vivo-capital) Private equity **2** rounds [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) Private equity **1** round [Omega Funds](https://millionrounds.com/fund/omega-funds) VC firm **1** round Pivotal BioVentures 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=arcutis-biotherapeutics). ## Also claim to have backed them This firm lists Arcutis Biotherapeutics 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. [Frazier Life Sciences](https://millionrounds.com/fund/frazier-life-sciences) VC firm Per its own site ## Quick answers about Arcutis Biotherapeutics ### Who invested in Arcutis Biotherapeutics? Arcutis Biotherapeutics's investors include Goldman Sachs, BlackRock, Vivo Capital, RA Capital Management and Omega Funds, and 1 more on record. ### How much has Arcutis Biotherapeutics raised? Arcutis Biotherapeutics has raised $245M across 2 rounds since 2019. ### When did Arcutis Biotherapeutics last raise? Arcutis Biotherapeutics's most recent round was an Undisclosed round of $150M in Feb 2024. ### What was Arcutis Biotherapeutics's biggest round? Its most recent round, $150M in Feb 2024, is also its largest on record. ### Who backed Arcutis Biotherapeutics first? Arcutis Biotherapeutics's first round on record, in Oct 2019, was backed by Goldman Sachs, BlackRock and Vivo Capital and 2 others. ### What stage is Arcutis Biotherapeutics at? Arcutis Biotherapeutics's latest named round is an Undisclosed round, in Feb 2024. ### Where is Arcutis Biotherapeutics based? Arcutis Biotherapeutics is based in the United States. ## Companies like Arcutis Biotherapeutics 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