# Fulcrum Therapeutics funding: rounds and investors

> Fulcrum Therapeutics has raised $310M across 3 rounds since 2016. Investors include Fidelity, Perceptive Advisors and Foresite Capital.

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

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

# Who invested in *Fulcrum Therapeutics*

3 rounds we have observed, with the 13 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 11 months ago

Funding summary Updated 26 Oct 2026

**$310M** raised across 3 rounds since 2016, from 3 sources

**$55M** Series A **$80M** Series B **$175M** Round

- **Latest round:** Round, $175M Dec 2025
- **Step-up i:** 2.2×
- **Investors:** 13

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.

2016 2018 2020 2022 2024

**$55M** Series A

**$80M** Series B

**$175M** Round

- **First round:** Series A, $55M
- **Biggest round:** $175M
- **Usual gap between rounds:** 7.3 years

## The rounds

- **Dec 2025** Round **$175M** *5 new* [Fidelity](https://millionrounds.com/fund/fidelity) [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) [Foresite Capital](https://millionrounds.com/fund/forsite-capital) [Samsara BioCapital](https://millionrounds.com/fund/samsara-biocapital) [Sanofi](https://millionrounds.com/fund/sanofi) Source recorded
- **Sept 2018** Series B **$80M** *7 new* [Casdin Capital](https://millionrounds.com/fund/casdin-capital) [Section 32](https://millionrounds.com/fund/section-32) [Sanofi Ventures](https://millionrounds.com/fund/sanofi-ventures) [6 Dimensions Capital](https://millionrounds.com/fund/6-dimensions-capital) Foresite Capital/ Fidelity Leerink NS Reported by FinSMEs SEC filing: $80M sold, first sale Aug 2018
- **Jul 2016** Series A **$55M** *1 new* [Third Rock Ventures](https://millionrounds.com/fund/third-rock-ventures) Reported by FinSMEs SEC filing: $17M sold, first sale Jul 2016

## Founders and team

From Fulcrum Therapeutics's own website and the SEC filings it signed: 12 on the team.

- **Alex C. Sapir** President and Chief Executive Officer, Board Member
- **Alan Musso** Chief Financial Officer
- **Lisa Percival** Chief Regulatory & Quality Assurance Officer
- **Colin Hill** Board Member
- **Rachel King** Board Member
- **Sonja L. Banks** Board Member
- **Bryan Stuart** Executive Officer i
- **Diego Cadavid** Executive Officer i
- **James Geraghty** Board Member
- **Kate Haviland** Chair
- **Owen Wallace** Executive Officer i
- **Robert Gould** Executive Officer, Director i

On the board, as filed i *Alan Ezekowitz* *James Collins* *Katina Dorton* *Mark Levin*

## 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** 2016 **Series B** 2018 **Round** 2025 [Fidelity](https://millionrounds.com/fund/fidelity) [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) [Foresite Capital](https://millionrounds.com/fund/forsite-capital) [Casdin Capital](https://millionrounds.com/fund/casdin-capital) [Samsara BioCapital](https://millionrounds.com/fund/samsara-biocapital) [Sanofi](https://millionrounds.com/fund/sanofi) [Third Rock Ventures](https://millionrounds.com/fund/third-rock-ventures) [Section 32](https://millionrounds.com/fund/section-32) [Sanofi Ventures](https://millionrounds.com/fund/sanofi-ventures) [6 Dimensions Capital](https://millionrounds.com/fund/6-dimensions-capital)

## Everyone who backed them

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

[Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) Asset manager **1** round

[Foresite Capital](https://millionrounds.com/fund/forsite-capital) Private equity **1** round

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

[Samsara BioCapital](https://millionrounds.com/fund/samsara-biocapital) VC firm **1** round

[Sanofi](https://millionrounds.com/fund/sanofi) Investment firm **1** round

[Third Rock Ventures](https://millionrounds.com/fund/third-rock-ventures) VC firm **1** round

[Section 32](https://millionrounds.com/fund/section-32) VC firm **1** round

[Sanofi Ventures](https://millionrounds.com/fund/sanofi-ventures) Corporate VC **1** round

[6 Dimensions Capital](https://millionrounds.com/fund/6-dimensions-capital) VC firm **1** round

Foresite Capital/ Fidelity no record of our own yet **1** round

Leerink no record of our own yet **1** round

NS 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=fulcrum-therapeutics).

## Quick answers about Fulcrum Therapeutics

### Who invested in Fulcrum Therapeutics?

Fulcrum Therapeutics's investors include Fidelity, Perceptive Advisors, Foresite Capital, Casdin Capital and Samsara BioCapital, and 8 more on record.

### How much has Fulcrum Therapeutics raised?

Fulcrum Therapeutics has raised $310M across 3 rounds since 2016.

### When did Fulcrum Therapeutics last raise?

Fulcrum Therapeutics's most recent round was an Undisclosed round of $175M in Dec 2025.

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

Its most recent round, $175M in Dec 2025, is also its largest on record.

### Who backed Fulcrum Therapeutics first?

Fulcrum Therapeutics's first round on record, in Jul 2016, was backed by Third Rock Ventures.

### What stage is Fulcrum Therapeutics at?

Fulcrum Therapeutics's latest named round is an Undisclosed round, in Dec 2025.

### Where is Fulcrum Therapeutics based?

Fulcrum Therapeutics is based in the United States.

## Companies like Fulcrum Therapeutics

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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