# InDevR funding: rounds and investors > InDevR has raised $16M across 2 rounds since 2019. Investors include Colorado Office of Economic Development and International Trade, National Institute of... Source: https://millionrounds.com/company/indevr (Millionrounds; every figure on the page links to its filing or article) United States · [Series B startup](https://millionrounds.com/companies) # Who invested in *InDevR* 2 rounds we have observed, with the 3 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 Funding summary Updated 26 Oct 2026 **$16M** raised across 2 rounds since 2019, from 2 sources **$7.0M** Series A **$9.0M** Series B - **Latest round:** Series B, $9.0M Jan 2023 - **Step-up i:** 1.3× - **Investors:** 3 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. 2020 2021 2022 2023 **$7.0M** Series A **$9.0M** Series B - **First round:** Series A, $7.0M - **Biggest round:** $9.0M - **Between rounds:** 3.3 years ## The rounds - **Jan 2023** Series B **$9.0M** *2 new* [Colorado Office of Economic Development and International Trade](https://millionrounds.com/fund/colorado-office-of-economic-development-and-international-tr) [National Institute of Allergy and Infectious Diseases](https://millionrounds.com/fund/national-institute-of-allergy-and-infectious-diseases) Source recorded SEC filing: $6.0M sold, first sale Oct 2022 - **Sept 2019** Series A **$7.0M** *1 new* [Adjuvant Capital](https://millionrounds.com/fund/adjuvant-capital) Reported by FinSMEs SEC filing: $4.0M sold, first sale Aug 2019 ## Founders and team From the SEC filings it signed: 3 on the team. - **Erica Dawson** Executive Officer i - **Kathy Rowlen** Executive Officer, Director, Promoter i - **Shannon Rodriguez** Executive Officer, Director, Promoter i On the board, as filed i *Michael Chang* *Michael Reynier* ## 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** 2019 **Series B** 2023 [Colorado Office of Economic Development and International Trade](https://millionrounds.com/fund/colorado-office-of-economic-development-and-international-tr) [National Institute of Allergy and Infectious Diseases](https://millionrounds.com/fund/national-institute-of-allergy-and-infectious-diseases) [Adjuvant Capital](https://millionrounds.com/fund/adjuvant-capital) ## Everyone who backed them [Colorado Office of Economic Development and International Trade](https://millionrounds.com/fund/colorado-office-of-economic-development-and-international-tr) Government **1** round [National Institute of Allergy and Infectious Diseases](https://millionrounds.com/fund/national-institute-of-allergy-and-infectious-diseases) Investment firm **1** round [Adjuvant Capital](https://millionrounds.com/fund/adjuvant-capital) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=indevr). ## Quick answers about InDevR ### Who invested in InDevR? InDevR's investors include Colorado Office of Economic Development and International Trade, National Institute of Allergy and Infectious Diseases and Adjuvant Capital. ### How much has InDevR raised? InDevR has raised $16M across 2 rounds since 2019. ### When did InDevR last raise? InDevR's most recent round was a Series B of $9.0M in Jan 2023. ### What was InDevR's biggest round? Its most recent round, $9.0M in Jan 2023, is also its largest on record. ### Who backed InDevR first? InDevR's first round on record, in Sept 2019, was backed by Adjuvant Capital. ### What stage is InDevR at? InDevR's latest named round is a Series B, in Jan 2023. ### Where is InDevR based? InDevR is based in the United States. ## Companies like InDevR 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) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app