# Kyverna Therapeutics funding: rounds and investors

> Kyverna Therapeutics has raised $160M across 2 rounds since 2023. Investors include Insight Partners, RTW Investments LLC and Bain Capital Life Sciences.

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

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

# Who invested in *Kyverna Therapeutics*

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

Raised 11 months ago

Funding summary Updated 26 Oct 2026

**$160M** raised across 2 rounds since 2023, from 2 sources

**$60M** Series B **$100M** Round

- **Latest round:** Round, $100M Dec 2025
- **Step-up i:** 1.7×
- **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.

2024 2025

**$60M** Series B

**$100M** Round

- **First round:** Series B, $60M
- **Biggest round:** $100M
- **Between rounds:** 2.3 years

## The rounds

- **Dec 2025** Round **$100M** *1 new* *2 returning* [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [RTW Investments LLC](https://millionrounds.com/fund/rtw-investments-lp) [Bain Capital Life Sciences](https://millionrounds.com/fund/bain-capital-life-sciences) Source recorded
- **Aug 2023** Series B **$60M** *2 new* [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [RTW Investments LLC](https://millionrounds.com/fund/rtw-investments-lp) Source recorded SEC filing: $152M sold, first sale Nov 2021

## Founders and team

From Kyverna Therapeutics's own website and the SEC filings it signed: 15 on the team.

- **Warner Biddle** Chief Executive Officer
- **Dan Maziasz** Chief Business Officer
- **Greg Martini** Chief Financial Officer
- **Mayo Pujols** Chief Technology Officer
- **Nadia Dac** Chief Commercial Officer
- **Ritesh Srivastava** Chief Legal and Compliance Officer
- **Christi Shaw** Executive Chairperson
- **Mert Aktar** Independent Director
- **Sravan K. Emany** Independent Director
- **Dominic Borie** Executive Officer i
- **Ian Clark** Independent Director
- **James Chung** Executive Officer i
- **Karen Walker** Executive Officer i
- **Peter Maag** Executive Officer, Director i
- **Ryan Jones** Executive Officer i

On the board, as filed i *Beth Spiegelman* *Brian Kotzin* *Dan Spiegelman* *Fred Cohen* *Steve Liapis*

## 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 B** 2023 **Round** 2025 [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [RTW Investments LLC](https://millionrounds.com/fund/rtw-investments-lp) [Bain Capital Life Sciences](https://millionrounds.com/fund/bain-capital-life-sciences)

## Everyone who backed them

[Insight Partners](https://millionrounds.com/fund/insight-venture-partners) VC firm **2** rounds

[RTW Investments LLC](https://millionrounds.com/fund/rtw-investments-lp) Growth equity **2** rounds

[Bain Capital Life Sciences](https://millionrounds.com/fund/bain-capital-life-sciences) Private equity **1** round

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

## Quick answers about Kyverna Therapeutics

### Who invested in Kyverna Therapeutics?

Kyverna Therapeutics's investors include Insight Partners, RTW Investments LLC and Bain Capital Life Sciences.

### How much has Kyverna Therapeutics raised?

Kyverna Therapeutics has raised $160M across 2 rounds since 2023.

### When did Kyverna Therapeutics last raise?

Kyverna Therapeutics's most recent round was an Undisclosed round of $100M in Dec 2025.

### What was Kyverna Therapeutics's biggest round?

Its most recent round, $100M in Dec 2025, is also its largest on record.

### Who backed Kyverna Therapeutics first?

Kyverna Therapeutics's first round on record, in Aug 2023, was backed by Insight Partners and RTW Investments LLC.

### What stage is Kyverna Therapeutics at?

Kyverna Therapeutics's latest named round is an Undisclosed round, in Dec 2025.

### Where is Kyverna Therapeutics based?

Kyverna Therapeutics is based in the United States.

## Companies like Kyverna Therapeutics

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)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)[**Clinical Ink** $24M · Oct 2026](https://millionrounds.com/company/clinical-ink)[**Rejuvenate Bio** $13M · Oct 2026](https://millionrounds.com/company/rejuvenate-bio)

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