# Jade Biosciences funding: rounds and investors

> Jade Biosciences has raised $195M across 2 rounds since 2025. Investors include Venrock, RA Capital Management and Franklin Templeton.

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

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

# Who invested in *Jade Biosciences*

2 rounds we have observed, with the 6 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.

Pharma

Raised 5 months ago

Funding summary Updated 26 Oct 2026

**$195M** raised across 2 rounds since 2025, from 2 sources

**$45M** Round **$150M** Round

- **Latest round:** Round, $150M Jun 2026
- **Step-up i:** 3.3×
- **Investors:** 6

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.

2026

**$45M** Round

**$150M** Round

- **First round:** Round, $45M
- **Biggest round:** $150M
- **Between rounds:** 6 months

## The rounds

- **Jun 2026** Round **$150M** *1 new* *4 returning* [Venrock](https://millionrounds.com/fund/venrock) [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) [Samsara BioCapital](https://millionrounds.com/fund/samsara-biocapital) Source recorded
- **Dec 2025** Round **$45M** *5 new* [Venrock](https://millionrounds.com/fund/venrock) [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) [RTW Investments LLC](https://millionrounds.com/fund/rtw-investments-lp) Source recorded

## Founders and team

From Jade Biosciences's own website: 8 on the team.

- **Tom Frohlich** Chief Executive Officer
- **Amy Sullivan** Senior Vice President, Development Operations
- **Jonathan Quick** Senior Vice President, Finance
- **Lori Stewart** Senior Vice President, People
- **Sandy Lewis** Senior Vice President, Biometrics and Clinical Strategy
- **Valerie Fauvelle** Senior Vice President, Regulatory & Quality
- **Brad Dahms** Chief Financial Officer
- **Elizabeth Balta** Chief Legal Officer & Corporate Secretary

## 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.

**Round** 2025 **Round** 2026 [Venrock](https://millionrounds.com/fund/venrock) [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) [Samsara BioCapital](https://millionrounds.com/fund/samsara-biocapital) [RTW Investments LLC](https://millionrounds.com/fund/rtw-investments-lp)

## Everyone who backed them

[Venrock](https://millionrounds.com/fund/venrock) VC firm **2** rounds

[RA Capital Management](https://millionrounds.com/fund/ra-capital-management) Private equity **2** rounds

[Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) Private equity **2** rounds

[Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) Private equity **2** rounds

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

[RTW Investments LLC](https://millionrounds.com/fund/rtw-investments-lp) Growth equity **1** round

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

## Quick answers about Jade Biosciences

### Who invested in Jade Biosciences?

Jade Biosciences's investors include Venrock, RA Capital Management, Franklin Templeton, Janus Henderson Investors and Samsara BioCapital, and 1 more on record.

### How much has Jade Biosciences raised?

Jade Biosciences has raised $195M across 2 rounds since 2025.

### When did Jade Biosciences last raise?

Jade Biosciences's most recent round was an Undisclosed round of $150M in Jun 2026.

### What was Jade Biosciences's biggest round?

Its most recent round, $150M in Jun 2026, is also its largest on record.

### Who backed Jade Biosciences first?

Jade Biosciences's first round on record, in Dec 2025, was backed by Venrock, RA Capital Management and Franklin Templeton and 2 others.

### What stage is Jade Biosciences at?

Jade Biosciences's latest named round is an Undisclosed round, in Jun 2026.

### Where is Jade Biosciences based?

Jade Biosciences is based in the United States.

## Companies like Jade Biosciences

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)

## Find investors like these

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