United States · 
Who invested in Disc Medicine?
Disc Medicine's investors include Novo Holdings A/S, Atlas Venture, Wellington Management, Novo Holdings and Janus Henderson Investors, and 4 more on record.
202020212022202320242025
$50MSeries A$225MRound
United States · Funded startup
Who invested in Disc Medicine
Funding summaryUpdated 26 Oct 2026
$275Mraised across 2 rounds since 2019, from 2 sources
$50MSeries A$225MRound
- Latest round
- Round, $225MOct 2025
- Step-upi
- 4.5×
- Investors
- 9 (1 led)
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Series A, $50M Oct 2019
- Biggest round
- $225M Round · Oct 2025
- Between rounds
- 5.9 years from the last two
The rounds
- Oct 2025Round$225M6 new
Source recorded
- Oct 2019
Founders and team
From Disc Medicine's own website: 3 on the team.
- Jean FranchiChief Financial Officer
- Jonathan YuChief Operating Officer
- Lisa Amaya PriceChief Human Resources Officer
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
Novo Holdings A/SGrowth equity1round, led 1
Adage Capital ManagementAsset manager1round
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
These 3 firms list Disc Medicine 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.
Quick answers about Disc Medicine
How much has Disc Medicine raised?
Disc Medicine has raised $275M across 2 rounds since 2019.
When did Disc Medicine last raise?
Disc Medicine's most recent round was an Undisclosed round of $225M in Oct 2025.
What was Disc Medicine's biggest round?
Its most recent round, $225M in Oct 2025, is also its largest on record.
Who backed Disc Medicine first?
Disc Medicine's first round on record, in Oct 2019, was backed by Novo Holdings A/S, Atlas Venture and Access Industries.
What stage is Disc Medicine at?
Disc Medicine's latest named round is an Undisclosed round, in Oct 2025.
Where is Disc Medicine based?
Disc Medicine is based in the United States.
Who led Disc Medicine's rounds?
Novo Holdings A/S led the Series A in 2019.
Companies like Disc Medicine
In the same sector, and raised in the last eighteen months.
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