# EBR Systems funding: rounds and investors

> EBR Systems has raised $161M across 6 rounds since 2005. Investors include Split Rock Partners, Emergent Medical Partners and M.H. Carnegie & Co..

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

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

# Who invested in *EBR Systems*

6 rounds we have observed, with the 13 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

**$161M** raised across 6 rounds since 2005, from 6 sources

**$21M** Venture **$35M** Series C **$5.0M** Series D **$20M** Venture **$50M** Round **$30M** Round

- **Latest round:** Round, $30M Aug 2019
- **Led by:** M.H. Carnegie & Co. and Brandon Capital Partnersm
- **Biggest round:** $50M Round · Nov 2017
- **Investors:** 13 (2 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.

2005 2007 2009 2011 2013 2015 2017 2019

**$21M** Venture

**$35M** Series C

**$5.0M** Series D

**$20M** Venture

**$50M** Round

**$30M** Round

- **First round:** Venture, $21M
- **Biggest round:** $50M
- **Usual gap between rounds:** 2.7 years

## The rounds

- **Aug 2019** Round **$30M** *2 new* *3 returning* [M.H. Carnegie & Co.](https://millionrounds.com/fund/m-h-carnegie-and-co) Lead Brandon Capital Partnersm Lead [Split Rock Partners](https://millionrounds.com/fund/split-rock-partners) [Ascension Ventures](https://millionrounds.com/fund/ascension-ventures) [Emergent Medical Partners](https://millionrounds.com/fund/emergent-medical-partners) Reported by FinSMEs SEC filing: $16M sold, first sale Aug 2019
- **Nov 2017** Round **$50M** *3 new* *1 returning* [Ascension](https://millionrounds.com/fund/ascension) [Emergent Medical Partners](https://millionrounds.com/fund/emergent-medical-partners) [M.H. Carnegie & Co.](https://millionrounds.com/fund/m-h-carnegie-and-co) Brandon Capital Partners/ Split Rock Reported by FinSMEs SEC filing: $41M sold, first sale Oct 2017
- **Jul 2014** Venture **$20M** *2 new* *4 returning* [Delphi Ventures](https://millionrounds.com/fund/delphi-ventures) [SV Life Sciences](https://millionrounds.com/fund/sv-life-sciences) [Split Rock Partners](https://millionrounds.com/fund/split-rock-partners) [St. Paul Venture Capital](https://millionrounds.com/fund/st-paul-venture-capital) [Emergent Medical Partners](https://millionrounds.com/fund/emergent-medical-partners) [Thomas Fogarty](https://millionrounds.com/fund/thomas-fogarty) From a historical funding record SEC filing: $19M sold, first sale Jul 2014
- **Feb 2011** Series D **$5.0M** No investor was named in the report. Reported by sec.gov SEC filing: $5.0M sold, first sale Jan 2011
- **Jun 2008** Series C **$35M** *2 new* *3 returning* [Delphi Ventures](https://millionrounds.com/fund/delphi-ventures) [SV Life Sciences](https://millionrounds.com/fund/sv-life-sciences) [Frazier Healthcare Partners](https://millionrounds.com/fund/frazier-healthcare-partners) [Split Rock Partners](https://millionrounds.com/fund/split-rock-partners) [De Novo Ventures](https://millionrounds.com/fund/de-novo-ventures) From a historical funding record
- **Oct 2005** Venture **$21M** *4 new* [Frazier Healthcare Partners](https://millionrounds.com/fund/frazier-healthcare-partners) [Split Rock Partners](https://millionrounds.com/fund/split-rock-partners) [De Novo Ventures](https://millionrounds.com/fund/de-novo-ventures) [St. Paul Venture Capital](https://millionrounds.com/fund/st-paul-venture-capital) From a historical funding record

## Founders and team

From EBR Systems's own website and the SEC filings it signed: 14 on the team.

- **John Smith** CEO
- **John Mccutcheon** President & CEO
- **Aimee Einstein** Chief Human Resources Officer
- **Andrew Shute** Chief Corporate Development Officer
- **Gary W. Doherty** Chief Financial Officer
- **Michael Hendricksen** Chief Operating Officer
- **Pharoah Garma** Chief Regulatory Officer
- **Simon Adams** CTO
- **Watch Interview** Chief Technical Officer
- **Karen Drexler** Non-executive Director
- **Paul Jones** Design Lead
- **Sara Hardin** Project Manager
- **Allan Will** Executive Chairman of the Board
- **Trevor Moody** Non-executive Director

On the board, as filed i *Chris Nave* *David Stassen* *Leighton Read*

## 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** 2005 **Series C** 2008 **Series D** 2011 **Venture** 2014 **Round** 2017 **Round** 2019 [Split Rock Partners](https://millionrounds.com/fund/split-rock-partners) [Emergent Medical Partners](https://millionrounds.com/fund/emergent-medical-partners) [M.H. Carnegie & Co.](https://millionrounds.com/fund/m-h-carnegie-and-co) L [Delphi Ventures](https://millionrounds.com/fund/delphi-ventures) [SV Life Sciences](https://millionrounds.com/fund/sv-life-sciences) [Frazier Healthcare Partners](https://millionrounds.com/fund/frazier-healthcare-partners) [De Novo Ventures](https://millionrounds.com/fund/de-novo-ventures) [St. Paul Venture Capital](https://millionrounds.com/fund/st-paul-venture-capital) Brandon Capital Partnersm L [Ascension](https://millionrounds.com/fund/ascension)

## Everyone who backed them

[Split Rock Partners](https://millionrounds.com/fund/split-rock-partners) VC firm **4** rounds

[Emergent Medical Partners](https://millionrounds.com/fund/emergent-medical-partners) VC firm **3** rounds

[M.H. Carnegie & Co.](https://millionrounds.com/fund/m-h-carnegie-and-co) Private equity **2** rounds, led 1

[Delphi Ventures](https://millionrounds.com/fund/delphi-ventures) VC firm **2** rounds

[SV Life Sciences](https://millionrounds.com/fund/sv-life-sciences) VC firm **2** rounds

[Frazier Healthcare Partners](https://millionrounds.com/fund/frazier-healthcare-partners) Private equity **2** rounds

[De Novo Ventures](https://millionrounds.com/fund/de-novo-ventures) Growth equity **2** rounds

[St. Paul Venture Capital](https://millionrounds.com/fund/st-paul-venture-capital) Growth equity **2** rounds

Brandon Capital Partnersm no record of our own yet **1** round, led 1

[Ascension](https://millionrounds.com/fund/ascension) VC firm **1** round

[Ascension Ventures](https://millionrounds.com/fund/ascension-ventures) Corporate VC **1** round

[Thomas Fogarty](https://millionrounds.com/fund/thomas-fogarty) Angel **1** round

Brandon Capital Partners/ Split Rock 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=ebr-systems).

## Also claim to have backed them

This firm lists EBR Systems as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Runway Growth Capital](https://millionrounds.com/fund/runway-growth-capital) Private credit Per its own site

## Quick answers about EBR Systems

### Who invested in EBR Systems?

EBR Systems's investors include Split Rock Partners, Emergent Medical Partners, M.H. Carnegie & Co., Delphi Ventures and SV Life Sciences, and 8 more on record. M.H. Carnegie & Co. led its latest round.

### How much has EBR Systems raised?

EBR Systems has raised $161M across 6 rounds since 2005.

### When did EBR Systems last raise?

EBR Systems's most recent round was an Undisclosed round of $30M in Aug 2019, led by M.H. Carnegie & Co..

### What was EBR Systems's biggest round?

EBR Systems's largest round on record is $50M (Undisclosed round), in Nov 2017.

### Who backed EBR Systems first?

EBR Systems's first round on record, in Oct 2005, was backed by Frazier Healthcare Partners, Split Rock Partners and De Novo Ventures and 1 others.

### What stage is EBR Systems at?

EBR Systems's latest named round is an Undisclosed round, in Aug 2019.

### Where is EBR Systems based?

EBR Systems is based in the United States.

### Who led EBR Systems's rounds?

M.H. Carnegie & Co. led the Undisclosed round in 2019.

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