# Eli funding: rounds and investors

> Eli has raised $19M across 3 rounds since 2024. Investors include Techstars, BDC Capital and Real Ventures. Every round with its source.

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

[Series A startup](https://millionrounds.com/companies)

# Who invested in *Eli*

3 rounds we have observed, with the 7 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.

Healthcare

Funding summary Updated 26 Oct 2026

**$19M** raised across 3 rounds since 2024, from 3 sources

**$6.8M** Seed **$133K** Crowdfunding **$12M** Series A

- **Latest round:** Series A, $12M Jun 2025
- **Step-up i:** 93.2×
- **Investors:** 7

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.

2024 2025

**$6.8M** Seed

**$133K** Crowdfunding

**$12M** Series A

- **First round:** Seed, $6.8M
- **Biggest round:** $12M
- **Usual gap between rounds:** 10 months

## The rounds

- **Jun 2025** Series A **$12M** *4 new* [Techstars](https://millionrounds.com/fund/techstars) [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Real Ventures](https://millionrounds.com/fund/real-ventures-2) [Garage Capital](https://millionrounds.com/fund/garage-capital-2) Source recorded
- **Dec 2024** Crowdfunding **$133K** *2 new* [Pario Ventures](https://millionrounds.com/fund/pario-ventures) [Los Angeles Cleantech Incubator](https://millionrounds.com/fund/la-cleantech-incubator-laci) Source recorded
- **Feb 2024** Seed **$6.8M** *1 new* [Lowercarbon Capital](https://millionrounds.com/fund/lowercarbon-capital) Source recorded SEC filing: $6.8M sold, first sale Jan 2024

## Founders and team

From Eli's own website: 15 on the team.

- **Don Gibbs** Associate Vice President
- **Jeff Crisp** Senior Vice President
- **Keith Gualtieri** Associate Vice President
- **Louis Barrentine** Associate Vice President
- **Tim Haggard** Associate Vice President
- **Troy Sonner** Associate Vice President
- **Chuck Saunders** President
- **Kathy Bilek** VP of Finance
- **Daniel Thibodeau** AVP - Director of Survey
- **David Creeden** Associate Principal
- **Heath Sain** Associate Principal
- **John Mullen** Associate Principal
- **Lance Wagner** Civil Engineering Program Manager
- **Stephen Greene** Transportation Practice Director
- **Uriah Sowell** Associate Principal

## 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.

**Seed** 2024 **Crowdfunding** 2024 **Series A** 2025 [Techstars](https://millionrounds.com/fund/techstars) [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Real Ventures](https://millionrounds.com/fund/real-ventures-2) [Lowercarbon Capital](https://millionrounds.com/fund/lowercarbon-capital) [Garage Capital](https://millionrounds.com/fund/garage-capital-2) [Pario Ventures](https://millionrounds.com/fund/pario-ventures) [Los Angeles Cleantech Incubator](https://millionrounds.com/fund/la-cleantech-incubator-laci)

## Everyone who backed them

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

[BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) VC firm **1** round

[Real Ventures](https://millionrounds.com/fund/real-ventures-2) Family office **1** round

[Lowercarbon Capital](https://millionrounds.com/fund/lowercarbon-capital) VC firm **1** round

[Garage Capital](https://millionrounds.com/fund/garage-capital-2) VC firm **1** round

[Pario Ventures](https://millionrounds.com/fund/pario-ventures) VC firm **1** round

[Los Angeles Cleantech Incubator](https://millionrounds.com/fund/la-cleantech-incubator-laci) Accelerator **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=eli).

## Also claim to have backed them

These 10 firms list Eli 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.

[City Light Capital](https://millionrounds.com/fund/city-light-capital) VC firm Per its own site

[Up Partners](https://millionrounds.com/fund/up-partners) VC firm Per its own site

[Spero Ventures](https://millionrounds.com/fund/spero-ventures) VC firm Per its own site

[Garage Capital](https://millionrounds.com/fund/garage-capital) VC firm Per its own site

[McNamara Family Investments](https://millionrounds.com/fund/mcnamara-family-investments) Family office Per its own site

[Leap Forward Ventures](https://millionrounds.com/fund/leap-forward-ventures) VC firm Per its own site

[Leva Capital](https://millionrounds.com/fund/leva-capital) VC firm Per its own site

[Patrick Ventures Family Office](https://millionrounds.com/fund/patrick-ventures-family-office) Family office Per its own site

[Quebec Tech](https://millionrounds.com/fund/quebec-tech) Investment firm Per its own site

[Untapped Capital](https://millionrounds.com/fund/untapped-capital) VC firm Per its own site

## Quick answers about Eli

### Who invested in Eli?

Eli's investors include Techstars, BDC Capital, Real Ventures, Lowercarbon Capital and Garage Capital, and 2 more on record.

### How much has Eli raised?

Eli has raised $19M across 3 rounds since 2024.

### When did Eli last raise?

Eli's most recent round was a Series A of $12M in Jun 2025.

### What was Eli's biggest round?

Its most recent round, $12M in Jun 2025, is also its largest on record.

### Who backed Eli first?

Eli's first round on record, in Feb 2024, was backed by Lowercarbon Capital.

### What stage is Eli at?

Eli's latest named round is a Series A, in Jun 2025.

## Companies like Eli

In the same sector, and raised in the last eighteen months.

[**Cloverleaf Bio** $33M · Sept 2026](https://millionrounds.com/company/cloverleaf-bio)[**Hera** $29M · Jun 2026](https://millionrounds.com/company/hera)[**Musely** $360M · May 2026](https://millionrounds.com/company/musely)[**Predictheon** $3.1M · Apr 2026](https://millionrounds.com/company/predictheon)[**Oricell Therapeutics** $180M · Apr 2026](https://millionrounds.com/company/oricell-therapeutics)[**Dosentrx** $1.8M · Mar 2026](https://millionrounds.com/company/dosentrx)

## Find investors like these

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