# Avedro funding: rounds and investors

> Avedro has raised $203M across 10 rounds since 2009. Investors include InterWest Partners, SCP Vitalife Partners and Aperture Venture Partners.

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

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

# Who invested in *Avedro*

10 rounds we have observed, with the 14 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

Funding summary Updated 26 Oct 2026

**$203M** raised across 10 rounds since 2009, from 10 sources

**$10M** Venture **$6.3M** Venture **$13M** Venture **$25M** Series C **$500K** Venture **$43M** Series D **$6.5M** Debt **$32M** Series E **$42M** Debt **$25M** Round

- **Latest round:** Round, $25M May 2018
- **Biggest round:** $43M Series D · Mar 2013
- **Investors:** 14

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.

2009 2011 2013 2015 2017

**$10M** Venture

**$6.3M** Venture

**$13M** Venture

**$500K** Venture

**$43M** Series D

**$6.5M** Debt

**$32M** Series E

**$42M** Debt

**$25M** Round

- **First round:** Venture, $10M
- **Biggest round:** $43M
- **Usual gap between rounds:** 12 months

## The rounds

- **May 2018** Round **$25M** *2 new* *1 returning* [InterWest Partners](https://millionrounds.com/fund/interwest-partners) [HealthQuest Capital](https://millionrounds.com/fund/healthquest-capital) Lilly Asia Ventures/ OrbiMed Reported by FinSMEs SEC filing: $25M sold, first sale Apr 2018
- **Apr 2017** Debt **$42M** *1 new* *1 returning* [InterWest Partners](https://millionrounds.com/fund/interwest-partners) HealthQuest Capital/ OrbiMed Reported by FinSMEs SEC filing: $12M sold, first sale Apr 2017
- **Nov 2015** Series E **$32M** *2 new* [OrbiMed](https://millionrounds.com/fund/orbimed) [InterWest Partners](https://millionrounds.com/fund/interwest-partners) From a historical funding record SEC filing: $17M sold, first sale Nov 2015
- **Nov 2014** Debt **$6.5M** No investor was named in the report. From a historical funding record SEC filing: $6.5M sold, first sale Nov 2014
- **Mar 2013** Series D **$43M** *6 new* *2 returning* [Flagship Pioneering, LLC](https://millionrounds.com/fund/flagship-pioneering-llc) [De Novo Ventures](https://millionrounds.com/fund/de-novo-ventures) [Prism Venture Partners](https://millionrounds.com/fund/prism-venture-partners) [Third Point Ventures](https://millionrounds.com/fund/third-point-ventures) [Borealis Ventures](https://millionrounds.com/fund/borealis-ventures) [Aperture Venture Partners](https://millionrounds.com/fund/aperture-venture-partners) [SCP Vitalife Partners](https://millionrounds.com/fund/scp-vitalife-management-company-llc) [Echelon Ventures](https://millionrounds.com/fund/echelon-ventures) Reported by boston.com SEC filing: $42M sold, first sale Mar 2013
- **Feb 2012** Venture **$500K** *1 new* *1 returning* [SCP Vitalife Partners](https://millionrounds.com/fund/scp-vitalife-management-company-llc) M. Carl Johnson Reported by masshightech.com SEC filing: $26M sold, first sale Jun 2011
- **Jul 2011** Series C **$25M** *2 new* [Aperture Venture Partners](https://millionrounds.com/fund/aperture-venture-partners) [SCP Vitalife Partners](https://millionrounds.com/fund/scp-vitalife-management-company-llc) Reported by masshightech.com SEC filing: $26M sold, first sale Jun 2011
- **May 2011** Venture **$13M** No investor was named in the report. Reported by masshightech.com SEC filing: $13M sold, first sale Jul 2010
- **Jan 2011** Venture **$6.3M** No investor was named in the report. Reported by masshightech.com SEC filing: $6.3M sold, first sale Jul 2010
- **Apr 2009** Venture **$10M** No investor was named in the report. From a historical funding record SEC filing: $10M sold, first sale Apr 2009

## Founders and team

From Avedro's own website and the SEC filings it signed: 6 on the team.

- **Joseph E. Gilliam** President & Chief Operating Officer
- **Thomas W. Burns** Chairman & Chief Executive Officer
- **Matt Young** Senior Vice President, Global Operations
- **Robert L. Davis** Senior Vice President, General Counsel & Business Development
- **Tracy M. Founds** Senior Vice President, Global Quality and Medical Safety
- **Reza Zadno** Executive Officer, Director i

On the board, as filed i *Donald Zurbay* *Garheng Kong* *Gilbert Kliman* *Hongbo Lu* *Jonathan Silverstein* *Joseph Mandato* *Robert Palmisano*

## 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.

**Venture** 2011 **Series C** 2011 **Venture** 2012 **Series D** 2013 **Debt** 2014 **Series E** 2015 **Debt** 2017 **Round** 2018 [InterWest Partners](https://millionrounds.com/fund/interwest-partners) [SCP Vitalife Partners](https://millionrounds.com/fund/scp-vitalife-management-company-llc) [Aperture Venture Partners](https://millionrounds.com/fund/aperture-venture-partners) [OrbiMed](https://millionrounds.com/fund/orbimed) [Flagship Pioneering, LLC](https://millionrounds.com/fund/flagship-pioneering-llc) [De Novo Ventures](https://millionrounds.com/fund/de-novo-ventures) [Prism Venture Partners](https://millionrounds.com/fund/prism-venture-partners) [Third Point Ventures](https://millionrounds.com/fund/third-point-ventures) [Borealis Ventures](https://millionrounds.com/fund/borealis-ventures) [HealthQuest Capital](https://millionrounds.com/fund/healthquest-capital)

## Everyone who backed them

[InterWest Partners](https://millionrounds.com/fund/interwest-partners) VC firm **3** rounds

[SCP Vitalife Partners](https://millionrounds.com/fund/scp-vitalife-management-company-llc) VC firm **3** rounds

[Aperture Venture Partners](https://millionrounds.com/fund/aperture-venture-partners) VC firm **2** rounds

[OrbiMed](https://millionrounds.com/fund/orbimed) Private equity **1** round

[Flagship Pioneering, LLC](https://millionrounds.com/fund/flagship-pioneering-llc) VC firm **1** round

[De Novo Ventures](https://millionrounds.com/fund/de-novo-ventures) Growth equity **1** round

[Prism Venture Partners](https://millionrounds.com/fund/prism-venture-partners) VC firm **1** round

[Third Point Ventures](https://millionrounds.com/fund/third-point-ventures) VC firm **1** round

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

[HealthQuest Capital](https://millionrounds.com/fund/healthquest-capital) Growth equity **1** round

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

HealthQuest Capital/ OrbiMed no record of our own yet **1** round

Lilly Asia Ventures/ OrbiMed no record of our own yet **1** round

M. Carl Johnson 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=avedro).

## Quick answers about Avedro

### Who invested in Avedro?

Avedro's investors include InterWest Partners, SCP Vitalife Partners, Aperture Venture Partners, OrbiMed and Flagship Pioneering, LLC, and 9 more on record.

### How much has Avedro raised?

Avedro has raised $203M across 10 rounds since 2009.

### When did Avedro last raise?

Avedro's most recent round was an Undisclosed round of $25M in May 2018.

### What was Avedro's biggest round?

Avedro's largest round on record is $43M (Series D), in Mar 2013.

### Who backed Avedro first?

Avedro's first round on record, in Jul 2011, was backed by Aperture Venture Partners and SCP Vitalife Partners.

### What stage is Avedro at?

Avedro's latest named round is an Undisclosed round, in May 2018.

### Where is Avedro based?

Avedro is based in the United States.

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