# ArunA Bio funding: rounds and investors

> ArunA Bio has raised $18M across 2 rounds since 2018. Investors include Eshelman Ventures. Every round with its source.

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

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

# Who invested in *ArunA Bio*

2 rounds we have observed, with the one investor 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

**$18M** raised across 2 rounds since 2018, from 2 sources

**$5.3M** Round **$13M** Round

- **Latest round:** Round, $13M Jul 2019
- **Step-up i:** 2.5×
- **Investors:** 1

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

**$5.3M** Round

**$13M** Round

- **First round:** Round, $5.3M
- **Biggest round:** $13M
- **Between rounds:** 10 months

## The rounds

- **Jul 2019** Round **$13M** *1 new* [Eshelman Ventures](https://millionrounds.com/fund/eshelman-ventures) Reported by FinSMEs SEC filing: $13M sold, first sale Jul 2019
- **Sept 2018** Round **$5.3M** No investor was named in the report. Reported by FinSMEs

## Founders and team

From the SEC filings it signed: 4 on the team.

- **Al Medwar** Executive Officer i
- **Mark Sirgo** Executive Officer, Director i
- **Steven Stice** Executive Officer, Director i
- **Tracey Stice** Executive Officer i

On the board, as filed i *Barry Storey* *C. William Griffin* *Darren DeVore* *Harold Ingalls* *John Mangan* *Mason Irving* *Russell Lindner*

## Everyone who backed them

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

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

## Also claim to have backed them

This firm lists ArunA Bio 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.

[Irrus Investments](https://millionrounds.com/fund/irrus-investments) VC firm Per its own site

## Quick answers about ArunA Bio

### Who invested in ArunA Bio?

ArunA Bio's investors include Eshelman Ventures.

### How much has ArunA Bio raised?

ArunA Bio has raised $18M across 2 rounds since 2018.

### When did ArunA Bio last raise?

ArunA Bio's most recent round was an Undisclosed round of $13M in Jul 2019.

### What was ArunA Bio's biggest round?

Its most recent round, $13M in Jul 2019, is also its largest on record.

### Who backed ArunA Bio first?

ArunA Bio's first round on record, in Jul 2019, was backed by Eshelman Ventures.

### What stage is ArunA Bio at?

ArunA Bio's latest named round is an Undisclosed round, in Jul 2019.

### Where is ArunA Bio based?

ArunA Bio is based in the United States.

## Companies like ArunA Bio

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)

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