# MEND funding: rounds and investors

> MEND has raised $27M across 3 rounds since 2015. Investors include Alumni Ventures, S2G Investments and Magma Partners. Every round with its source.

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

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

# Who invested in *MEND*

3 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

**$27M** raised across 3 rounds since 2015, from 3 sources

**$4.3M** Seed **$2.5M** Debt **$20M** Series A

- **Latest round:** Series A, $20M Dec 2025
- **Step-up i:** 8×
- **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.

2017 2019 2021 2023 2025

**$4.3M** Seed

**$2.5M** Debt

**$20M** Series A

- **First round:** Seed, $4.3M
- **Biggest round:** $20M
- **Usual gap between rounds:** 8.8 years

## The rounds

- **Dec 2025** Series A **$20M** *2 new* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [S2G Investments](https://millionrounds.com/fund/s2g-investments) Source recorded
- **Sept 2024** Debt **$2.5M** *1 new* [Magma Partners](https://millionrounds.com/fund/magma-partners) Source recorded
- **Oct 2015** Seed **$4.3M** No investor was named in the report. From a historical funding record

## Founders and team

From MEND's own website: 2 founders, 3 on the team.

**Eziah Syed** Co-Founder & Chief of Growth & Innovation

**Whitney Stevens** Co-Founder & Senior Strategist

- **Paul Roscoe** CEO
- **Eden Klein** Chief Technology Officer
- **Jaclyn Henkhaus** General Manager, Mend Well

## 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** 2015 **Debt** 2024 **Series A** 2025 [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [S2G Investments](https://millionrounds.com/fund/s2g-investments) [Magma Partners](https://millionrounds.com/fund/magma-partners)

## Everyone who backed them

[Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round

[S2G Investments](https://millionrounds.com/fund/s2g-investments) Growth equity **1** round

[Magma Partners](https://millionrounds.com/fund/magma-partners) VC firm **1** round

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

## Also claim to have backed them

These 3 firms list MEND as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[iSelect Fund](https://millionrounds.com/fund/iselect-fund) VC firm Per its own site

[Institute for Commercialization of Florida Technology](https://millionrounds.com/fund/institute-for-commercialization-of-florida-technology) VC firm Per its own site

[Long Night Ventures](https://millionrounds.com/fund/long-night-ventures) VC firm Per its own site

## Quick answers about MEND

### Who invested in MEND?

MEND's investors include Alumni Ventures, S2G Investments and Magma Partners.

### How much has MEND raised?

MEND has raised $27M across 3 rounds since 2015.

### When did MEND last raise?

MEND's most recent round was a Series A of $20M in Dec 2025.

### What was MEND's biggest round?

Its most recent round, $20M in Dec 2025, is also its largest on record.

### Who backed MEND first?

MEND's first round on record, in Sept 2024, was backed by Magma Partners.

### What stage is MEND at?

MEND's latest named round is a Series A, in Dec 2025.

### Where is MEND based?

MEND is based in the United States.

## Companies like MEND

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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