# Erasca funding: rounds and investors

> Erasca has raised $739M across 3 rounds since 2018. Investors include Andreessen Horowitz, Cormorant Asset Management and OrbiMed. Every round with its source.

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

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

# Who invested in *Erasca*

3 rounds we have observed, with the 8 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

Raised 4 months ago

Funding summary Updated 26 Oct 2026

**$739M** raised across 3 rounds since 2018, from 3 sources

**$42M** Series A **$64M** Series A **$633M** Round

- **Latest round:** Round, $633M Jul 2026
- **Step-up i:** 9.9×
- **Investors:** 8

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 2022 2024 2026

**$42M** Series A

**$64M** Series A

**$633M** Round

- **First round:** Series A, $42M
- **Biggest round:** $633M
- **Usual gap between rounds:** 7.3 years

## The rounds

- **Jul 2026** Round **$633M** *3 new* *2 returning* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [OrbiMed](https://millionrounds.com/fund/orbimed) [ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners) [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) [Invus](https://millionrounds.com/fund/invus) Source recorded
- **Mar 2019** Series A **$64M** *3 new* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Arch](https://millionrounds.com/fund/arch) Reneo Reported by FinSMEs SEC filing: $58M sold, first sale Oct 2018
- **Dec 2018** Series A **$42M** *2 new* [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) [City Hill Ventures](https://millionrounds.com/fund/city-hill-ventures) Reported by FinSMEs SEC filing: $41M sold, first sale Oct 2018

## Founders and team

From Erasca's own website and the SEC filings it signed: 4 on the team.

- **Alison Milhous** Senior Vice President of Accounting
- **Amy Parker** Senior Vice President of Clinical Operations
- **Jonathan E. Lim** Executive Chairman, CEO, President, Treasurer, Secretary i
- **Chandra Lovejoy** Chief Regulatory Affairs Officer

On the board, as filed i *Alexander W. Casdin* *James A. Bristol* *Pratik S. Multani* *Valerie S. Harding-Start*

## 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** 2018 **Series A** 2019 **Round** 2026 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) [OrbiMed](https://millionrounds.com/fund/orbimed) [ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners) [Invus](https://millionrounds.com/fund/invus) [Arch](https://millionrounds.com/fund/arch) [City Hill Ventures](https://millionrounds.com/fund/city-hill-ventures) Reneo

## Everyone who backed them

[Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **2** rounds

[Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) Private equity **2** rounds

[OrbiMed](https://millionrounds.com/fund/orbimed) Private equity **1** round

[ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners) VC firm **1** round

[Invus](https://millionrounds.com/fund/invus) Private equity **1** round

[Arch](https://millionrounds.com/fund/arch) Hedge fund **1** round

[City Hill Ventures](https://millionrounds.com/fund/city-hill-ventures) VC firm **1** round

Reneo 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=erasca).

## Also claim to have backed them

This firm lists Erasca 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.

[Frazier Life Sciences](https://millionrounds.com/fund/frazier-life-sciences) VC firm Per its own site

## Quick answers about Erasca

### Who invested in Erasca?

Erasca's investors include Andreessen Horowitz, Cormorant Asset Management, OrbiMed, ARCH Venture Partners and Invus, and 3 more on record.

### How much has Erasca raised?

Erasca has raised $739M across 3 rounds since 2018.

### When did Erasca last raise?

Erasca's most recent round was an Undisclosed round of $633M in Jul 2026.

### What was Erasca's biggest round?

Its most recent round, $633M in Jul 2026, is also its largest on record.

### Who backed Erasca first?

Erasca's first round on record, in Dec 2018, was backed by Cormorant Asset Management and City Hill Ventures.

### What stage is Erasca at?

Erasca's latest named round is an Undisclosed round, in Jul 2026.

### Where is Erasca based?

Erasca is based in the United States.

## Companies like Erasca

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)

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