United States · Funded startup

Who invested in LB Pharmaceuticals

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.

Pharma

Raised 4 months ago

Funding summaryUpdated 26 Oct 2026

$250Mraised across 2 rounds since 2026, from 2 sources

$100MRound$150MRound
Latest round
Round, $150MJul 2026
Step-upi
1.5×
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.

2027
$100MRound$150MRound
First round
Round, $100M
Feb 2026
Biggest round
$150M
Round · Jul 2026
Between rounds
5 months
from the last two

The rounds

  1. Jul 2026
    Round$150M1 new2 returning

    Source recorded

  2. Feb 2026
    Round$100M2 new

    Source recorded

Founders and team

From LB Pharmaceuticals's own website: 9 on the team.

  • Christopher ZergebelSenior Vice President, Clinical Operations
  • Lindsay BeaupreSenior Vice President, People and Culture
  • Marc PanoffSenior Vice President, Finance
  • Gad SofferChief Operating and Business Officer
  • Joseph M. MillerChief Financial Officer
  • Kaya Pai PanandikerChief Commercial Officer
  • Dr. Robert RuffoloIndependent Director
  • Scott GarlandChairman of the Board of Directors
  • Stock InformationAnalyst Coverage

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

TCGPrivate equity2rounds
TCG CrossoverVC firm2rounds
Adage Capital ManagementAsset manager1round

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

Quick answers about LB Pharmaceuticals

Who invested in LB Pharmaceuticals?

LB Pharmaceuticals's investors include TCG, TCG Crossover and Adage Capital Management.

How much has LB Pharmaceuticals raised?

LB Pharmaceuticals has raised $250M across 2 rounds since 2026.

When did LB Pharmaceuticals last raise?

LB Pharmaceuticals's most recent round was an Undisclosed round of $150M in Jul 2026.

What was LB Pharmaceuticals's biggest round?

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

Who backed LB Pharmaceuticals first?

LB Pharmaceuticals's first round on record, in Feb 2026, was backed by TCG and TCG Crossover.

What stage is LB Pharmaceuticals at?

LB Pharmaceuticals's latest named round is an Undisclosed round, in Jul 2026.

Where is LB Pharmaceuticals based?

LB Pharmaceuticals is based in the United States.

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