# Ferrum Health funding: rounds and investors > Ferrum Health has raised $16M across 2 rounds since 2024. Investors include Foundry Group, GSR and Urban Innovation Fund. Every round with its source. Source: https://millionrounds.com/company/ferrum-health (Millionrounds; every figure on the page links to its filing or article) United States · [Venture startup](https://millionrounds.com/companies) # Who invested in *Ferrum Health* 2 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. AI Healthcare Medical Devices Funding summary Updated 26 Oct 2026 **$16M** raised across 2 rounds since 2024, from 3 sources - **Latest round:** Venture Apr 2025 - **Biggest round:** $16M Series A · Sept 2024 - **Investors:** 8 (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. 2025 **$16M** Series A **?** Venture - **First round:** Series A, $16M - **Biggest round:** $16M - **Between rounds:** 6 months ## The rounds - **Apr 2025** Venture **Amount undisclosed** *1 new* *3 returning* [GSR](https://millionrounds.com/fund/gsr) [Foundry Group](https://millionrounds.com/fund/foundry) [Blumberg Capital](https://millionrounds.com/fund/blumberg-capital) [Urban Innovation Fund](https://millionrounds.com/fund/urban-innovation-fund) Source recorded - **Sept 2024** Series A **$16M** *7 new* [Foundry Group](https://millionrounds.com/fund/foundry) Lead [MassChallenge](https://millionrounds.com/fund/masschallenge) [GSR](https://millionrounds.com/fund/gsr) [Urban Innovation Fund](https://millionrounds.com/fund/urban-innovation-fund) [Catalyst by Wellstar](https://millionrounds.com/fund/catalyst-by-wellstar) [Headwater Ventures](https://millionrounds.com/fund/headwater-ventures) [UnitedHealthcare Accelerator](https://millionrounds.com/fund/unitedhealthcare-accelerator) Reported by Foundry Group and 1 other SEC filing: $15M sold, first sale Aug 2024 ## Founders and team From Ferrum Health's own website: 2 founders, 1 on the team. **Pelu Tran** CEO and Co-founder **Ken Ko** CTO and Co-founder - **Peter Eason** Chief Financial 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** 2024 **Venture** 2025 [Foundry Group](https://millionrounds.com/fund/foundry) L [GSR](https://millionrounds.com/fund/gsr) [Urban Innovation Fund](https://millionrounds.com/fund/urban-innovation-fund) [MassChallenge](https://millionrounds.com/fund/masschallenge) [Blumberg Capital](https://millionrounds.com/fund/blumberg-capital) [Catalyst by Wellstar](https://millionrounds.com/fund/catalyst-by-wellstar) [Headwater Ventures](https://millionrounds.com/fund/headwater-ventures) [UnitedHealthcare Accelerator](https://millionrounds.com/fund/unitedhealthcare-accelerator) ## Everyone who backed them [Foundry Group](https://millionrounds.com/fund/foundry) VC firm **2** rounds, led 1 [GSR](https://millionrounds.com/fund/gsr) VC firm **2** rounds [Urban Innovation Fund](https://millionrounds.com/fund/urban-innovation-fund) VC firm **2** rounds [MassChallenge](https://millionrounds.com/fund/masschallenge) Accelerator **1** round [Blumberg Capital](https://millionrounds.com/fund/blumberg-capital) VC firm **1** round [Catalyst by Wellstar](https://millionrounds.com/fund/catalyst-by-wellstar) Corporate VC **1** round [Headwater Ventures](https://millionrounds.com/fund/headwater-ventures) VC firm **1** round [UnitedHealthcare Accelerator](https://millionrounds.com/fund/unitedhealthcare-accelerator) Accelerator **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=ferrum-health). ## Also claim to have backed them This firm lists Ferrum Health 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. [Singtel Innov8](https://millionrounds.com/fund/singtel-innov8) Corporate VC Per its own site ## Quick answers about Ferrum Health ### Who invested in Ferrum Health? Ferrum Health's investors include Foundry Group, GSR, Urban Innovation Fund, MassChallenge and Blumberg Capital, and 3 more on record. ### How much has Ferrum Health raised? Ferrum Health has raised $16M across 2 rounds since 2024. One round did not disclose an amount, so the total is a floor. ### When did Ferrum Health last raise? Ferrum Health's most recent round was a Venture in Apr 2025. ### What was Ferrum Health's biggest round? Ferrum Health's largest round on record is $16M (Series A), in Sept 2024, led by Foundry Group. ### Who backed Ferrum Health first? Ferrum Health's first round on record, in Sept 2024, was backed by Foundry Group, MassChallenge and GSR and 4 others. ### What stage is Ferrum Health at? Ferrum Health's latest named round is a Venture, in Apr 2025. ### Where is Ferrum Health based? Ferrum Health is based in the United States. ### Who led Ferrum Health's rounds? Foundry Group led the Series A in 2024. ## Companies like Ferrum Health In the same sector, and raised in the last eighteen months. 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