# Disc Medicine funding: rounds and investors > Disc Medicine has raised $275M across 2 rounds since 2019. Investors include Novo Holdings A/S, Atlas Venture and Wellington Management. Source: https://millionrounds.com/company/disc-medicine (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *Disc Medicine* 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 Funding summary Updated 26 Oct 2026 **$275M** raised across 2 rounds since 2019, from 2 sources **$50M** Series A **$225M** Round - **Latest round:** Round, $225M Oct 2025 - **Step-up i:** 4.5× - **Investors:** 9 (1 led) 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 **$50M** Series A **$225M** Round - **First round:** Series A, $50M - **Biggest round:** $225M - **Between rounds:** 5.9 years ## The rounds - **Oct 2025** Round **$225M** *6 new* [Wellington Management](https://millionrounds.com/fund/wellington-management) [Novo Holdings](https://millionrounds.com/fund/novo-ventures) [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) [TCG](https://millionrounds.com/fund/tcg) [Adage Capital Management](https://millionrounds.com/fund/adage-capital-management) [TCG Crossover](https://millionrounds.com/fund/tcg-crossover) Source recorded - **Oct 2019** Series A **$50M** *3 new* [Novo Holdings A/S](https://millionrounds.com/fund/novo-holdings-a-s) Lead [Atlas Venture](https://millionrounds.com/fund/atlas-venture) [Access Industries](https://millionrounds.com/fund/access-industries) Reported by FinSMEs ## Founders and team From Disc Medicine's own website: 3 on the team. - **Jean Franchi** Chief Financial Officer - **Jonathan Yu** Chief Operating Officer - **Lisa Amaya Price** Chief 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. **Series A** 2019 **Round** 2025 [Novo Holdings A/S](https://millionrounds.com/fund/novo-holdings-a-s) L [Atlas Venture](https://millionrounds.com/fund/atlas-venture) [Wellington Management](https://millionrounds.com/fund/wellington-management) [Novo Holdings](https://millionrounds.com/fund/novo-ventures) [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) [TCG](https://millionrounds.com/fund/tcg) [Adage Capital Management](https://millionrounds.com/fund/adage-capital-management) [TCG Crossover](https://millionrounds.com/fund/tcg-crossover) [Access Industries](https://millionrounds.com/fund/access-industries) ## Everyone who backed them [Novo Holdings A/S](https://millionrounds.com/fund/novo-holdings-a-s) Growth equity **1** round, led 1 [Atlas Venture](https://millionrounds.com/fund/atlas-venture) VC firm **1** round [Wellington Management](https://millionrounds.com/fund/wellington-management) VC firm **1** round [Novo Holdings](https://millionrounds.com/fund/novo-ventures) VC firm **1** round [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) Private equity **1** round [TCG](https://millionrounds.com/fund/tcg) Private equity **1** round [Adage Capital Management](https://millionrounds.com/fund/adage-capital-management) Asset manager **1** round [TCG Crossover](https://millionrounds.com/fund/tcg-crossover) VC firm **1** round [Access Industries](https://millionrounds.com/fund/access-industries) Corporate VC **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=disc-medicine). ## 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. [OrbiMed](https://millionrounds.com/fund/orbimed) Private equity Per its own site [Frazier Life Sciences](https://millionrounds.com/fund/frazier-life-sciences) VC firm Per its own site [BB Biotech](https://millionrounds.com/fund/bb-biotech) Growth equity Per its own site ## Quick answers about Disc Medicine ### 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. ### 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. [**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**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