# National Resilience funding: rounds and investors

> National Resilience has raised $1.6B across 2 rounds since 2025. Investors include Oak Hill Advisors, Eli Lilly & Co and National Resilience.

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

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

# Who invested in *National Resilience*

2 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 Manufacturing Pharma

Raised 3 months ago

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Funding summary Updated 7 Nov 2026

**$1.6B** raised across 2 rounds since 2025, from 2 sources

**$825M** Debt **$750M** Round

- **Latest round:** Round, $750M Jul 2026
- **Biggest round:** $825M Debt · Oct 2025
- **Investors:** 3 (1 led)

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.

2026

**$825M** Debt

**$750M** Round

- **First round:** Debt, $825M
- **Biggest round:** $825M
- **Between rounds:** 9 months

## The rounds

- **Jul 2026** Round **$750M** *2 new* [Eli Lilly & Co](https://millionrounds.com/fund/eli-lilly-and-co) [National Resilience](https://millionrounds.com/fund/national-resilience) Reported by TechStartups
- **Oct 2025** Debt **$825M** *1 new* [Oak Hill Advisors](https://millionrounds.com/fund/oak-hill-advisors) Lead Reported by Firms' own news pages

## Funding filed with regulators

National Resilience filed one raise, $755M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Oct 2020 **$755M** 85 investors equity SEC Form D

## Founders and team

From the SEC filings it signed: 4 on the team.

- **Rahul Singhvi** Chief Executive Officer i
- **Sandesh Y. Mahatme** President, Chief Financial Officer and Chief Operating Officer i
- **Rich Y. Stoner** Chief Scientific Officer i
- **Patrick Y. Yang. Ph.D.** Executive Chairman i

On the board, as filed i *Christopher E. Darby* *Denice M. Torres* *Drew Robert Oetting* *Frances H. Arnold* *George H. Barrett* *Joseph Robert Kerrey* *Kaye E. Foster* *Mitchell E. Daniels* *Robert Nelsen* *Scott E. Gottlieb* *Susan E. Desmond-Hellmann*

## 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.

**Debt** 2025 **Round** 2026 [Oak Hill Advisors](https://millionrounds.com/fund/oak-hill-advisors) L [Eli Lilly & Co](https://millionrounds.com/fund/eli-lilly-and-co) [National Resilience](https://millionrounds.com/fund/national-resilience)

## Everyone who backed them

[Oak Hill Advisors](https://millionrounds.com/fund/oak-hill-advisors) Fund of funds **1** round, led 1

[Eli Lilly & Co](https://millionrounds.com/fund/eli-lilly-and-co) Investment firm **1** round

[National Resilience](https://millionrounds.com/fund/national-resilience) Investment firm **1** round

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

## Quick answers about National Resilience

### Who invested in National Resilience?

National Resilience's investors include Oak Hill Advisors, Eli Lilly & Co and National Resilience.

### How much has National Resilience raised?

National Resilience has raised $1.6B across 2 rounds since 2025.

### When did National Resilience last raise?

National Resilience's most recent round was an Undisclosed round of $750M in Jul 2026.

### What was National Resilience's biggest round?

National Resilience's largest round on record is $825M (Debt), in Oct 2025, led by Oak Hill Advisors.

### Who backed National Resilience first?

National Resilience's first round on record, in Oct 2025, was backed by Oak Hill Advisors.

### What stage is National Resilience at?

National Resilience's latest named round is an Undisclosed round, in Jul 2026.

### Where is National Resilience based?

National Resilience is based in the United States.

### Who led National Resilience's rounds?

Oak Hill Advisors led the Debt in 2025.

## Companies like National Resilience

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

[**Harbinger** $500M · Nov 2026](https://millionrounds.com/company/harbinger)[**Skroot Laboratory** $1.2M · Nov 2026](https://millionrounds.com/company/skroot-laboratory)[**CARI Health** $3.1M · Nov 2026](https://millionrounds.com/company/cari-health)[**Infinite Cooling** $12M · Nov 2026](https://millionrounds.com/company/infinite-cooling)[**LeoLabs** $196M · Nov 2026](https://millionrounds.com/company/leolabs)[**GPN Vaccines** $10B · Nov 2026](https://millionrounds.com/company/gpn-vaccines)

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