United States · Funded startup

Who invested in Heat Biologics

4 rounds we have observed, with the 2 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.

Funding summaryUpdated 26 Oct 2026

$16Mraised across 4 rounds since 2009, from 4 sources

$250KVenture$2.8MSeries A$5.1MGrowth$7.5MDebt
Latest round
Debt, $7.5MAug 2014
Step-upi
1.5×
Investors
2
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.

20102011201220132014
$250KVenture$2.8MSeries A$5.1MGrowth$7.5MDebt
First round
Venture, $250K
Nov 2009
Biggest round
$7.5M
Debt · Aug 2014
Usual gap between rounds
17 months
the median of 3

The rounds

  1. Aug 2014
    Debt$7.5M1 new

    From a historical funding record

  2. Apr 2013
    Growth$5.1M

    No investor was named in the report.

    Reported by sec.govSEC filing: $5.1M sold, first sale Mar 2013

  3. May 2012
    Series A$2.8M1 new
    • Brightline Ventures

    Reported by onbiovc.com

  4. Nov 2009
    Venture$250K

    No investor was named in the report.

    From a historical funding recordSEC filing: $250K sold, first sale Nov 2009

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.

Venture2009Series A2012Growth2013Debt2014Square 1 BankBrightline Ventures

The exit

ExitListingPriceWhen
IPONASDAQ:HTBXundisclosedJul 2013

From historical deal records. Wrong? Tell us.

Everyone who backed them

Square 1 BankInvestment firm1round
Brightline Venturesno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Heat Biologics

Who invested in Heat Biologics?

Heat Biologics's investors include Square 1 Bank and Brightline Ventures.

How much has Heat Biologics raised?

Heat Biologics has raised $16M across 4 rounds since 2009.

When did Heat Biologics last raise?

Heat Biologics's most recent round was a Debt of $7.5M in Aug 2014.

What was Heat Biologics's biggest round?

Its most recent round, $7.5M in Aug 2014, is also its largest on record.

Who backed Heat Biologics first?

Heat Biologics's first round on record, in May 2012, was backed by Brightline Ventures.

What stage is Heat Biologics at?

Heat Biologics's latest named round is a Debt, in Aug 2014.

Where is Heat Biologics based?

Heat Biologics is based in the United States.

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