# Avidity Biosciences funding: rounds and investors > Avidity Biosciences has raised $790M across 2 rounds since 2019. Investors include Perceptive Advisors, Cormorant Asset Management and RA Capital Management. Source: https://millionrounds.com/company/avidity-biosciences (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *Avidity Biosciences* 2 rounds we have observed, with the 9 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 Follow Avidity Biosciences and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Favidity-biosciences) Funding summary Updated 27 Oct 2026 **$790M** raised across 2 rounds since 2019, from 2 sources **$100M** Series C **$690M** Round - **Latest round:** Round, $690M Sept 2025 - **Step-up i:** 6.9× - **Investors:** 9 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 2025 **$100M** Series C **$690M** Round - **First round:** Series C, $100M - **Biggest round:** $690M - **Between rounds:** 5.8 years ## The rounds - **Sept 2025** Round **$690M** *4 new* *2 returning* [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Wellington Management](https://millionrounds.com/fund/wellington-management) [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) [Eli Lilly](https://millionrounds.com/fund/eli-lilly) Source recorded - **Nov 2019** Series C **$100M** *5 new* [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) [Logos Capital](https://millionrounds.com/fund/logos-capital) [CureDuchenne](https://millionrounds.com/fund/cureduchenne) ST Pharm Reported by Idigitalhealth SEC filing: $101M sold, first sale Nov 2019 ## Founders and team From the SEC filings it signed: 5 on the team. - **Arthur Levin** Executive Officer i - **Michael Michael MacLean** Executive Officer i - **Sarah Boyce** Executive Officer, Director i - **Teresa Michael McCarthy** Executive Officer i - **W. Michael Flanagan** Executive Officer i On the board, as filed i *Carsten Michael Boess* *Edward Michael Kaye* *Jean Michael Kim* *Noreen Michael Henig* *Tamar Michael Thompson* *Troy Michael Wilson* ## 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** 2025 [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Wellington Management](https://millionrounds.com/fund/wellington-management) [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) [Eli Lilly](https://millionrounds.com/fund/eli-lilly) [Logos Capital](https://millionrounds.com/fund/logos-capital) [CureDuchenne](https://millionrounds.com/fund/cureduchenne) ST Pharm ## Everyone who backed them [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) Asset manager **2** rounds [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) Private equity **2** rounds [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) Private equity **1** round [Wellington Management](https://millionrounds.com/fund/wellington-management) VC firm **1** round [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) Private equity **1** round [Eli Lilly](https://millionrounds.com/fund/eli-lilly) Corporate VC **1** round [Logos Capital](https://millionrounds.com/fund/logos-capital) VC firm **1** round [CureDuchenne](https://millionrounds.com/fund/cureduchenne) Growth equity **1** round ST Pharm 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=avidity-biosciences). ## Also claim to have backed them These 2 firms list Avidity Biosciences as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Avoro Capital Advi...](https://millionrounds.com/fund/avoro-capital-advi) Private equity Per its own site [Brace Pharma](https://millionrounds.com/fund/brace-pharma-capital) VC firm Per its own site ## Quick answers about Avidity Biosciences ### Who invested in Avidity Biosciences? Avidity Biosciences's investors include Perceptive Advisors, Cormorant Asset Management, RA Capital Management, Wellington Management and Janus Henderson Investors, and 4 more on record. ### How much has Avidity Biosciences raised? Avidity Biosciences has raised $790M across 2 rounds since 2019. ### When did Avidity Biosciences last raise? Avidity Biosciences's most recent round was an Undisclosed round of $690M in Sept 2025. ### What was Avidity Biosciences's biggest round? Its most recent round, $690M in Sept 2025, is also its largest on record. ### Who backed Avidity Biosciences first? Avidity Biosciences's first round on record, in Nov 2019, was backed by Perceptive Advisors, Cormorant Asset Management and Logos Capital and 2 others. ### What stage is Avidity Biosciences at? Avidity Biosciences's latest named round is an Undisclosed round, in Sept 2025. ### Where is Avidity Biosciences based? Avidity Biosciences is based in the United States. ## Companies like Avidity Biosciences In the same sector, and raised in the last eighteen months. [**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**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