# Flare Therapeutics funding: rounds and investors

> Flare Therapeutics has raised $123M across 1 round since 2023. Investors include Invus, Eli Lilly and Casdin Capital. Every round with its source.

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

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

# Who invested in *Flare Therapeutics*

One round we have observed, with the 4 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Pharma

Funding summary Updated 26 Oct 2026

**$123M** raised across 1 round since 2023, from 1 source

- **Latest round:** Series B, $123M Mar 2023
- **Investors:** 4

See who backed them

## The rounds

- **Mar 2023** Series B **$123M** [Invus](https://millionrounds.com/fund/invus) [Eli Lilly](https://millionrounds.com/fund/eli-lilly) [Casdin Capital](https://millionrounds.com/fund/casdin-capital) [Novartis](https://millionrounds.com/fund/novartis) Source recorded

## Founders and team

From Flare Therapeutics's own website: 6 on the team.

- **Anna Protopapas** Chief Executive Officer and Board Member
- **Brian C. DeSchuytner** Chief Financial Officer & Chief Business Officer
- **Tracy L. Smith** Chief Human Resources Officer
- **Aaron Davis** Board Member
- **Jigar Raythatha** Board Member
- **Kanishka Pothula** Board Member

## Everyone who backed them

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

[Eli Lilly](https://millionrounds.com/fund/eli-lilly) Corporate VC **1** round

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

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

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

## Quick answers about Flare Therapeutics

### Who invested in Flare Therapeutics?

Flare Therapeutics's investors include Invus, Eli Lilly, Casdin Capital and Novartis.

### How much has Flare Therapeutics raised?

Flare Therapeutics has raised $123M across 1 round since 2023.

### When did Flare Therapeutics last raise?

Flare Therapeutics's most recent round was a Series B of $123M in Mar 2023.

### What was Flare Therapeutics's biggest round?

Its most recent round, $123M in Mar 2023, is also its largest on record.

### Who backed Flare Therapeutics first?

Flare Therapeutics's first round on record, in Mar 2023, was backed by Invus, Eli Lilly and Casdin Capital and 1 others.

### What stage is Flare Therapeutics at?

Flare Therapeutics's latest named round is a Series B, in Mar 2023.

### Where is Flare Therapeutics based?

Flare Therapeutics is based in the United States.

## Companies like Flare Therapeutics

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

[**Matchpoint Therapeutics** $220M · Oct 2026](https://millionrounds.com/company/matchpoint-therapeutics)[**Rx Bandz** Oct 2026](https://millionrounds.com/company/rx-bandz)[**Hera Biotech** $1.8M · Sept 2026](https://millionrounds.com/company/hera-biotech)[**GevRx Nutraceuticals** $300K · Sept 2026](https://millionrounds.com/company/gevrx-nutraceuticals)[**RegCell** $81M · Sept 2026](https://millionrounds.com/company/regcell)[**ClearSight Therapeutics** $307K · Sept 2026](https://millionrounds.com/company/clearsight-therapeutics)

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