# Karuna Labs funding: rounds and investors

> Karuna Labs has raised $3.0M across 2 rounds since 2019. Investors include Correlation Ventures, Anorak Ventures and Baseline Ventures.

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

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

# Who invested in *Karuna Labs*

2 rounds we have observed, with the 9 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.

Healthcare VR & AR

Funding summary Updated 26 Oct 2026

**$3.0M** raised across 2 rounds since 2019, from 2 sources

- **Latest round:** Venture Mar 2021
- **Biggest round:** $3.0M Seed · Sept 2019
- **Investors:** 9 (1 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.

2020 2021

**$3.0M** Seed

**?** Venture

- **First round:** Seed, $3.0M
- **Biggest round:** $3.0M
- **Between rounds:** 18 months

## The rounds

- **Mar 2021** Venture **Amount undisclosed** *3 new* *2 returning* [Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) [Hustle Fund](https://millionrounds.com/fund/hustle-fund) [Berkeley SkyDeck](https://millionrounds.com/fund/berkeley-skydeck) [City Light Capital](https://millionrounds.com/fund/city-light-capital) [Anorak Ventures](https://millionrounds.com/fund/anorak-ventures) Source recorded
- **Sept 2019** Seed **$3.0M** *6 new* [Baseline Ventures](https://millionrounds.com/fund/baseline-ventures) Lead [Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) [Dreamit Ventures](https://millionrounds.com/fund/dreamit-ventures) [Anorak Ventures](https://millionrounds.com/fund/anorak-ventures) the AET Fund the Hustle Fund Reported by FinSMEs

## Founders and team

From Karuna Labs's own website: 7 on the team.

- **Lincoln Nguyen** CEO
- **Andy Riedel** CTO
- **Dr. James Petros** Chief Medical Officer
- **Jon Weinberg** COO
- **Alex Yeates** VP of Sales
- **Kris Beebe** Head of Coaching
- **Marisol Castro** Head of Billing

## 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.

**Seed** 2019 **Venture** 2021 [Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) [Anorak Ventures](https://millionrounds.com/fund/anorak-ventures) [Baseline Ventures](https://millionrounds.com/fund/baseline-ventures) L [Hustle Fund](https://millionrounds.com/fund/hustle-fund) [Dreamit Ventures](https://millionrounds.com/fund/dreamit-ventures) [Berkeley SkyDeck](https://millionrounds.com/fund/berkeley-skydeck) [City Light Capital](https://millionrounds.com/fund/city-light-capital) the AET Fund the Hustle Fund

## Everyone who backed them

[Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) VC firm **2** rounds

[Anorak Ventures](https://millionrounds.com/fund/anorak-ventures) VC firm **2** rounds

[Baseline Ventures](https://millionrounds.com/fund/baseline-ventures) VC firm **1** round, led 1

[Hustle Fund](https://millionrounds.com/fund/hustle-fund) VC firm **1** round

[Dreamit Ventures](https://millionrounds.com/fund/dreamit-ventures) VC firm **1** round

[Berkeley SkyDeck](https://millionrounds.com/fund/berkeley-skydeck) Accelerator **1** round

[City Light Capital](https://millionrounds.com/fund/city-light-capital) VC firm **1** round

the AET Fund no record of our own yet **1** round

the Hustle Fund 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=karuna-labs).

## Quick answers about Karuna Labs

### Who invested in Karuna Labs?

Karuna Labs's investors include Correlation Ventures, Anorak Ventures, Baseline Ventures, Hustle Fund and Dreamit Ventures, and 4 more on record.

### How much has Karuna Labs raised?

Karuna Labs has raised $3.0M across 2 rounds since 2019. One round did not disclose an amount, so the total is a floor.

### When did Karuna Labs last raise?

Karuna Labs's most recent round was a Venture in Mar 2021.

### What was Karuna Labs's biggest round?

Karuna Labs's largest round on record is $3.0M (Seed), in Sept 2019, led by Baseline Ventures.

### Who backed Karuna Labs first?

Karuna Labs's first round on record, in Sept 2019, was backed by Baseline Ventures, Correlation Ventures and Dreamit Ventures and 3 others.

### What stage is Karuna Labs at?

Karuna Labs's latest named round is a Venture, in Mar 2021.

### Where is Karuna Labs based?

Karuna Labs is based in the United States.

### Who led Karuna Labs's rounds?

Baseline Ventures led the Seed in 2019.

## Companies like Karuna Labs

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)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**Rejuvenate Bio** $13M · Oct 2026](https://millionrounds.com/company/rejuvenate-bio)[**Clinical Ink** $24M · Oct 2026](https://millionrounds.com/company/clinical-ink)

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