# MedNet Solutions funding: rounds and investors

> MedNet Solutions has raised $21M across 2 rounds since 2014. Investors include Arrowroot Capital Management. Every round with its source.

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

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

# Who invested in *MedNet Solutions*

2 rounds we have observed, with the one investor 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 Healthcare

Funding summary Updated 26 Oct 2026

**$21M** raised across 2 rounds since 2014, from 2 sources

**$4.0M** Growth **$17M** Round

- **Latest round:** Round, $17M Dec 2016
- **Step-up i:** 4.1×
- **Investors:** 1

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.

2015 2016

**$4.0M** Growth

**$17M** Round

- **First round:** Growth, $4.0M
- **Biggest round:** $17M
- **Between rounds:** 2.4 years

## The rounds

- **Dec 2016** Round **$17M** *1 returning* [Arrowroot Capital Management](https://millionrounds.com/fund/arrowroot-capital-management) Reported by FinSMEs
- **Jul 2014** Growth **$4.0M** *1 new* [Arrowroot Capital Management](https://millionrounds.com/fund/arrowroot-capital-management) From a historical funding record SEC filing: $2.0M sold, first sale Jul 2014

## Founders and team

From the SEC filings it signed: 3 on the team.

- **Alan Sherwood** Executive Officer, Director i
- **Dennis Thalhuber** Executive Officer i
- **John M. Robertson** Executive Officer, Director i

On the board, as filed i *Edward Sweeney* *Kim Wood* *Michael Cullen* *Rick Jennings* *Todd M. Hysjulien*

## Everyone who backed them

[Arrowroot Capital Management](https://millionrounds.com/fund/arrowroot-capital-management) Growth equity **2** rounds

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

## Quick answers about MedNet Solutions

### Who invested in MedNet Solutions?

MedNet Solutions's investors include Arrowroot Capital Management.

### How much has MedNet Solutions raised?

MedNet Solutions has raised $21M across 2 rounds since 2014.

### When did MedNet Solutions last raise?

MedNet Solutions's most recent round was an Undisclosed round of $17M in Dec 2016.

### What was MedNet Solutions's biggest round?

Its most recent round, $17M in Dec 2016, is also its largest on record.

### Who backed MedNet Solutions first?

MedNet Solutions's first round on record, in Jul 2014, was backed by Arrowroot Capital Management.

### What stage is MedNet Solutions at?

MedNet Solutions's latest named round is an Undisclosed round, in Dec 2016.

### Where is MedNet Solutions based?

MedNet Solutions is based in the United States.

## Companies like MedNet Solutions

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)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)

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