United States · Funded startup

Who invested in Helius Medical Technologies

4 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.

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Funding summaryUpdated 5 Nov 2026

$505Mraised across 4 rounds since 2015, from 4 sources

$1.8MVenture$721KVenture$2.0MVenture$500MRound
Latest round
Round, $500MOct 2025
Led by
Pantera Capital and Summer Capital
Step-upi
250×
Investors
8 (2 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.

201520172019202120232025
$1.8MVenture$721KVenture$500MRound
First round
Venture, $1.8M
May 2015
Biggest round
$500M
Round · Oct 2025
Usual gap between rounds
3 months
the median of 3

The rounds

  1. Oct 2025
  2. Oct 2015
    Venture$2.0M

    No investor was named in the report.

    From a historical funding recordSEC filing: $2.0M sold, first sale Oct 2015

  3. Jul 2015
    Venture$721K

    No investor was named in the report.

    From a historical funding recordSEC filing: $721K sold, first sale Jun 2015

  4. May 2015
    Venture$1.8M

    No investor was named in the report.

    From a historical funding recordSEC filing: $1.8M sold, first sale Apr 2015

Funding filed with regulators

Helius Medical Technologies filed 8 raises, $15M in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Jan 2025$3.7M18 investorsSEC Form D
  2. Oct 2020$3.4M18 investorsequity, options, securities on exerciseSEC Form D
  3. Apr 2016$3.0M16 investorsequity, options, securities on exerciseof $5.3M offeredSEC Form D
  4. Oct 2015$2.0M1 investorequity, debt, options, securities on exerciseof $12M offeredSEC Form D
  5. Jul 2015$270K4 investorsequity, options, securities on exerciseof $459K offeredSEC Form D
  6. Jun 2015$721K7 investorsequity, options, securities on exerciseof $1.2M offeredSEC Form D
  7. Apr 2015$1.8M12 investorsequity, options, securities on exerciseof $3.1M offeredSEC Form D
  8. May 2014$391K1 investorequity, options, securities on exercise, otherof $782K offeredSEC Form D

Founders and team

From Helius Medical Technologies's own website: 2 on the team.

  • Joseph CheeChairman and Chief Executive Officer and President
  • Madelene GaniChief Operating Officer and Chief Financial Officer

AdvisersDan Morehead

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.

Everyone who backed them

Pantera CapitalVC firm1round, led 1
Summer CapitalVC firm1round, led 1
Animoca BrandsAccelerator1round
HashKey CapitalVC firm1round
Arrington CapitalVC firm1round
AvenirVC firm1round
FalconXVC firm1round
SinoHopeInvestment firm1round

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

Also claim to have backed them

This firm lists Helius Medical Technologies 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.

Berg Capital MarketsGrowth equityPer its own site

Quick answers about Helius Medical Technologies

Who invested in Helius Medical Technologies?

Helius Medical Technologies's investors include Pantera Capital, Summer Capital, Animoca Brands, HashKey Capital and Arrington Capital, and 3 more on record. Pantera Capital led its latest round.

How much has Helius Medical Technologies raised?

Helius Medical Technologies has raised $505M across 4 rounds since 2015.

When did Helius Medical Technologies last raise?

Helius Medical Technologies's most recent round was an Undisclosed round of $500M in Oct 2025, led by Pantera Capital.

What was Helius Medical Technologies's biggest round?

Its most recent round, $500M in Oct 2025, is also its largest on record.

Who backed Helius Medical Technologies first?

Helius Medical Technologies's first round on record, in Oct 2025, was backed by Pantera Capital, Summer Capital and Animoca Brands and 5 others.

What stage is Helius Medical Technologies at?

Helius Medical Technologies's latest named round is an Undisclosed round, in Oct 2025.

Where is Helius Medical Technologies based?

Helius Medical Technologies is based in the United States.

Who led Helius Medical Technologies's rounds?

Pantera Capital led the Undisclosed round in 2025.

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