Who invested in Madrigal Pharmaceuticals?
Madrigal Pharmaceuticals's investors include Hercules Capital and Blue Owl.

United States · Funded startup
Funding summaryUpdated 26 Oct 2026
$350Mraised across 1 round since 2025, from 1 source
From the SEC filings it signed: 2 on the team.
On the board, as filediDavid R. MilliganFred B. CravesKeith R. GollustKenneth M. BateRebecca A. TaubRichard S. Levy
Madrigal Pharmaceuticals's investors include Hercules Capital and Blue Owl.
Madrigal Pharmaceuticals has raised $350M across 1 round since 2025.
Madrigal Pharmaceuticals's most recent round was a Debt of $350M in Jul 2025.
Its most recent round, $350M in Jul 2025, is also its largest on record.
Madrigal Pharmaceuticals's first round on record, in Jul 2025, was backed by Hercules Capital and Blue Owl.
Madrigal Pharmaceuticals's latest named round is a Debt, in Jul 2025.
Madrigal Pharmaceuticals is based in the United States.
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