United States · 
Who invested in Avalo Therapeutics?
Avalo Therapeutics's investors include OrbiMed, RA Capital Management, TCG and TCG Crossover.
20252026
$69MRound$431MRound
United States · Funded startup
Who invested in Avalo Therapeutics
Funding summaryUpdated 26 Oct 2026
$501Mraised across 2 rounds since 2024, from 2 sources
$69MRound$431MRound
- Latest round
- Round, $431MMay 2026
- Step-upi
- 6.2×
- Investors
- 4
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Round, $69M Nov 2024
- Biggest round
- $431M Round · May 2026
- Between rounds
- 18 months from the last two
The rounds
- May 2026
- Nov 2024
Founders and team
From Avalo Therapeutics's own website and the SEC filings it signed: 8 on the team.
- Kathleen CohenSenior Vice President, Clinical Development Operations
- Chris SullivanChief Financial Officer
- Jennifer RileyChief Strategy Officer
- Paul VarkiChief Legal Officer
- Taylor BoydChief Business Officer
- Michael HeffernanChairman of the Board
- Christopher SullivanExecutive Officeri
- Garry NeilExecutive Officer, Directori
On the board, as filediAaron KantoffGilla KaplanJonathan GoldmanJune AlmenoffMagnus PerssonMitchell ChanSamantha Truex
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.
Everyone who backed them
Missing a round, or an investor who was in one? Tell us.
Quick answers about Avalo Therapeutics
How much has Avalo Therapeutics raised?
Avalo Therapeutics has raised $501M across 2 rounds since 2024.
When did Avalo Therapeutics last raise?
Avalo Therapeutics's most recent round was an Undisclosed round of $431M in May 2026.
What was Avalo Therapeutics's biggest round?
Its most recent round, $431M in May 2026, is also its largest on record.
Who backed Avalo Therapeutics first?
Avalo Therapeutics's first round on record, in Nov 2024, was backed by OrbiMed, RA Capital Management and TCG and 1 others.
What stage is Avalo Therapeutics at?
Avalo Therapeutics's latest named round is an Undisclosed round, in May 2026.
Where is Avalo Therapeutics based?
Avalo Therapeutics is based in the United States.
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