# Modernizing Medicine funding: rounds and investors

> Modernizing Medicine has raised $231M across 1 round since 2017. Investors include Warburg Pincus. Every round with its source.

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

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

# Who invested in *Modernizing Medicine*

One round we have observed, with the one investor named in it. 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

Valuation: $500M, Oct 2024

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Funding summary Updated 27 Oct 2026

**$231M** raised across 1 round since 2017, from 1 source

- **Latest round:** Round, $231M May 2017
- **Investors:** 1

See who backed them

## The rounds

- **May 2017** Round **$231M** [Warburg Pincus](https://millionrounds.com/fund/warburg-pincus) Reported by FinSMEs SEC filing: $206M sold, first sale May 2017

## Founders and team

From the SEC filings it signed: 5 on the team.

- **Daniel Cane** Executive Officer, Director i
- **Joseph Harpaz** Executive Officer i
- **Mark Fleisher** Executive Officer i
- **Michael Sherling** Executive Officer, Director i
- **Michelle Scheer** Executive Officer i

On the board, as filed i *Amr Kronfol* *Andrew Park* *Barry Mosheim* *Gary Steele* *Gina Loften* *Jean Bua* *Phillip Pead*

## Everyone who backed them

[Warburg Pincus](https://millionrounds.com/fund/warburg-pincus) Private equity **1** round

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

## Quick answers about Modernizing Medicine

### Who invested in Modernizing Medicine?

Modernizing Medicine's investors include Warburg Pincus.

### How much has Modernizing Medicine raised?

Modernizing Medicine has raised $231M across 1 round since 2017.

### When did Modernizing Medicine last raise?

Modernizing Medicine's most recent round was an Undisclosed round of $231M in May 2017.

### What was Modernizing Medicine's biggest round?

Its most recent round, $231M in May 2017, is also its largest on record.

### Who backed Modernizing Medicine first?

Modernizing Medicine's first round on record, in May 2017, was backed by Warburg Pincus.

### What stage is Modernizing Medicine at?

Modernizing Medicine's latest named round is an Undisclosed round, in May 2017.

### Where is Modernizing Medicine based?

Modernizing Medicine is based in the United States.

## Companies like Modernizing Medicine

In the same sector, and raised in the last eighteen months.

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**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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