United States · Series E startup

Who invested in Modernizing Medicine, Inc.

9 rounds we have observed, with the 5 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.

BiotechHealthcare

Funding summaryUpdated 26 Oct 2026

$108Mraised across 9 rounds since 2010, from 9 sources

$425KDebt$7.1MVenture$6.6MVenture$12MVenture$14MSeries C$15MSeries D$5.0MRound$10MDebt$38MSeries E
Latest round
Series E, $38MSept 2015
Step-upi
3.8×
Investors
5
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.

201020112012201320142015
$425KDebt$7.1MVenture$6.6MVenture$12MVenture$14MSeries C$15MSeries D$5.0MRound$10MDebt$38MSeries E
First round
Debt, $425K
Jan 2010
Biggest round
$38M
Series E · Sept 2015
Usual gap between rounds
8 months
the median of 7

The rounds

  1. Sept 2015
    Series E$38M3 returning

    From a historical funding recordSEC filing: $38M sold, first sale Sept 2015

  2. Aug 2015
    Debt$10M1 new

    From a historical funding recordSEC filing: $38M sold, first sale Sept 2015

  3. Mar 2015
    Round$5.0M1 new

    From a historical funding record

  4. Nov 2014
    Series D$15M2 returning

    From a historical funding recordSEC filing: $16M sold, first sale Nov 2014

  5. Aug 2013
    Series C$14M1 new

    Reported by finsmes.comSEC filing: $14M sold, first sale Aug 2013

  6. Dec 2012
  7. Jul 2012
    Venture$6.6M

    No investor was named in the report.

    Reported by sec.govSEC filing: $6.6M sold, first sale Jul 2012

  8. Mar 2011
    Venture$7.1M

    No investor was named in the report.

    Reported by sec.govSEC filing: $7.1M sold, first sale Feb 2011

  9. Jan 2010
    Debt$425K

    No investor was named in the report.

    Reported by sec.govSEC filing: $425K sold, first sale May 2010

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.

Venture2011Venture2012Venture2012Series C2013Series D2014Round2015Debt2015Series E2015Summit PartnersPentland VenturesSands Capital VenturesSVB CapitalIBM (International Business Machines)

Everyone who backed them

Summit PartnersPrivate equity3rounds
Pentland VenturesCorporate VC3rounds
Sands Capital VenturesPrivate equity2rounds
SVB CapitalVC firm1round

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

Quick answers about Modernizing Medicine, Inc.

Who invested in Modernizing Medicine, Inc.?

Modernizing Medicine, Inc.'s investors include Summit Partners, Pentland Ventures, Sands Capital Ventures, SVB Capital and IBM (International Business Machines).

How much has Modernizing Medicine, Inc. raised?

Modernizing Medicine, Inc. has raised $108M across 9 rounds since 2010.

When did Modernizing Medicine, Inc. last raise?

Modernizing Medicine, Inc.'s most recent round was a Series E of $38M in Sept 2015.

What was Modernizing Medicine, Inc.'s biggest round?

Its most recent round, $38M in Sept 2015, is also its largest on record.

Who backed Modernizing Medicine, Inc. first?

Modernizing Medicine, Inc.'s first round on record, in Dec 2012, was backed by Sands Capital Ventures and Pentland Ventures.

What stage is Modernizing Medicine, Inc. at?

Modernizing Medicine, Inc.'s latest named round is a Series E, in Sept 2015.

Where is Modernizing Medicine, Inc. based?

Modernizing Medicine, Inc. is based in the United States.

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