United States · Venture startup

Who invested in CytoVale

4 rounds we have observed, with the 8 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.

AIBiotechHealthcare

Funding summaryUpdated 26 Oct 2026

$19Mraised across 4 rounds since 2013, from 4 sources

$4.3MSeries A$15MRound
Latest round
VentureApr 2025
Biggest round
$15MRound · Oct 2019
Investors
8
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.

201520172019202120232025
?Seed$4.3MSeries A$15MRound?Venture
First round
Seed
Nov 2013
Biggest round
$15M
Round · Oct 2019
Usual gap between rounds
5.4 years
the median of 3

The rounds

  1. Apr 2025
  2. Oct 2019
    Round$15M2 new

    Reported by FinSMEsSEC filing: $7.4M sold, first sale Oct 2019

  3. Jun 2014
    Series A$4.3M1 new

    From a historical funding record

  4. Nov 2013
    SeedAmount undisclosed1 new

    Reported by finsmes.com

Founders and team

From CytoVale's own website and the SEC filings it signed: 7 on the team.

  • Bill BlackledgeChief Financial Officer
  • Jack FuchsLife Sciences CFO and Serial Entrepreneur
  • Hemant GoelIndependent Director & Healthcare Operating Executive
  • Ajay ShahExecutive Officer, Director, Promoteri
  • Dino DiCarloDirector, Promoteri
  • Henry TseExecutive Officeri
  • William BlackledgeExecutive Officeri

On the board, as filediJordanna Polis SchutzLindy Fishburne

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

Blackhorn VenturesVC firm2rounds
Alumni VenturesVC firm1round
Sands Capital VenturesPrivate equity1round
Breakout LabsAngel1round
Breakout VenturesVC firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 3 firms list CytoVale 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.

Pathway BioventuresVC firmPer its own site
Sprig EquityVC firmPer its own site
FreeRun VenturesCorporate VCPer its own site

Quick answers about CytoVale

Who invested in CytoVale?

CytoVale's investors include Blackhorn Ventures, National Science Foundation, Alumni Ventures, Norwest Venture Partners and Sands Capital Ventures, and 3 more on record.

How much has CytoVale raised?

CytoVale has raised $19M across 4 rounds since 2013. 2 rounds did not disclose an amount, so the total is a floor.

When did CytoVale last raise?

CytoVale's most recent round was a Venture in Apr 2025.

What was CytoVale's biggest round?

CytoVale's largest round on record is $15M (Undisclosed round), in Oct 2019.

Who backed CytoVale first?

CytoVale's first round on record, in Nov 2013, was backed by Breakout Labs.

What stage is CytoVale at?

CytoVale's latest named round is a Venture, in Apr 2025.

Where is CytoVale based?

CytoVale is based in the United States.

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