# ElevateBio funding: rounds and investors > ElevateBio has raised $551M across 2 rounds since 2019. Investors include Redmile Group, Samsara BioCapital and UBS Oncology Impact Fund. Source: https://millionrounds.com/company/elevatebio (Millionrounds; every figure on the page links to its filing or article) United States · [Series D startup](https://millionrounds.com/companies) # Who invested in *ElevateBio* 2 rounds we have observed, with the 6 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 Wellness Funding summary Updated 26 Oct 2026 **$551M** raised across 2 rounds since 2019, from 2 sources **$150M** Series A **$401M** Series D - **Latest round:** Series D, $401M May 2023 - **Step-up i:** 2.7× - **Investors:** 6 (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 **$150M** Series A **$401M** Series D - **First round:** Series A, $150M - **Biggest round:** $401M - **Between rounds:** 4 years ## The rounds - **May 2023** Series D **$401M** *2 new* *2 returning* [Fidelity](https://millionrounds.com/fund/fidelity) [Vertex Ventures](https://millionrounds.com/fund/vertex-ventures) [Redmile Group](https://millionrounds.com/fund/redmile-group) [Samsara BioCapital](https://millionrounds.com/fund/samsara-biocapital) Source recorded - **May 2019** Series A **$150M** *4 new* UBS Oncology Impact Fund Lead [Redmile Group](https://millionrounds.com/fund/redmile-group) [Samsara BioCapital](https://millionrounds.com/fund/samsara-biocapital) [EcoR1 Capital](https://millionrounds.com/fund/ecor1-capital) Reported by Medcitynews ## Founders and team From ElevateBio's own website: 1 founder, 7 on the team. **Ansbert Gadicke** Co-founder of MPM Capital - **Chris Murphy** Chief Executive Officer of ElevateBio - **David Hallal** CEO of Scholar Rock and Executive Chairman, ElevateBio - **Steven Falcone** Chief Operating Officer - **Vikas Sinha** CFO of Scholar Rock - **Missy Kotchey** SVP, Head of People & Culture - **Advanced Therapies** Partner With Us - **Khalil Barrage** Managing Director of The Invus Group ## 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 **Series D** 2023 [Redmile Group](https://millionrounds.com/fund/redmile-group) [Samsara BioCapital](https://millionrounds.com/fund/samsara-biocapital) UBS Oncology Impact Fund L [Fidelity](https://millionrounds.com/fund/fidelity) [Vertex Ventures](https://millionrounds.com/fund/vertex-ventures) [EcoR1 Capital](https://millionrounds.com/fund/ecor1-capital) ## Everyone who backed them [Redmile Group](https://millionrounds.com/fund/redmile-group) VC firm **2** rounds [Samsara BioCapital](https://millionrounds.com/fund/samsara-biocapital) VC firm **2** rounds UBS Oncology Impact Fund no record of our own yet **1** round, led 1 [Fidelity](https://millionrounds.com/fund/fidelity) VC firm **1** round [Vertex Ventures](https://millionrounds.com/fund/vertex-ventures) VC firm **1** round [EcoR1 Capital](https://millionrounds.com/fund/ecor1-capital) Private equity **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=elevatebio). ## Also claim to have backed them This firm lists ElevateBio 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. [MPM Capital](https://millionrounds.com/fund/mpm-bioimpact) Private equity Per its own site ## Quick answers about ElevateBio ### Who invested in ElevateBio? ElevateBio's investors include Redmile Group, Samsara BioCapital, UBS Oncology Impact Fund, Fidelity and Vertex Ventures, and 1 more on record. ### How much has ElevateBio raised? ElevateBio has raised $551M across 2 rounds since 2019. ### When did ElevateBio last raise? ElevateBio's most recent round was a Series D of $401M in May 2023. ### What was ElevateBio's biggest round? Its most recent round, $401M in May 2023, is also its largest on record. ### Who backed ElevateBio first? ElevateBio's first round on record, in May 2019, was backed by UBS Oncology Impact Fund, Redmile Group and Samsara BioCapital and 1 others. ### What stage is ElevateBio at? ElevateBio's latest named round is a Series D, in May 2023. ### Where is ElevateBio based? ElevateBio is based in the United States. ### Who led ElevateBio's rounds? UBS Oncology Impact Fund led the Series A in 2019. ## Companies like ElevateBio 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