# NICO funding: rounds and investors

> NICO has raised $29M across 3 rounds since 2009. Investors include River Cities Capital Funds, CHV Capital and Twilight Venture Partners.

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

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

# Who invested in *NICO*

3 rounds we have observed, with the 4 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 Healthcare

Funding summary Updated 26 Oct 2026

**$29M** raised across 3 rounds since 2009, from 3 sources

**$10M** Series C **$6.6M** Venture **$13M** Round

- **Latest round:** Round, $13M Nov 2018
- **Step-up i:** 1.9×
- **Investors:** 4

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.

2009 2011 2013 2015 2017

**$10M** Series C

**$6.6M** Venture

**$13M** Round

- **First round:** Series C, $10M
- **Biggest round:** $13M
- **Usual gap between rounds:** 6.3 years

## The rounds

- **Nov 2018** Round **$13M** No investor was named in the report. Reported by FinSMEs SEC filing: $13M sold, first sale Oct 2018
- **Jul 2012** Venture **$6.6M** No investor was named in the report. Reported by sec.gov SEC filing: $6.6M sold, first sale Jul 2012
- **Jul 2009** Series C **$10M** *4 new* [River Cities Capital Funds](https://millionrounds.com/fund/river-cities-capital-funds) [CHV Capital](https://millionrounds.com/fund/chv-capital) [Twilight Venture Partners](https://millionrounds.com/fund/twilight-venture-partners) [The Halo Group](https://millionrounds.com/fund/the-halo-group) From a historical funding record SEC filing: $12M sold, first sale Dec 2008

## Founders and team

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

- **Jeffrey Hanthorn** Executive Officer, Director i
- **Jim Pearson** Executive Officer, Director i
- **Joe Mark** Executive Officer, Director i

On the board, as filed i *Carter McNabb* *Mark Rosenblum*

## 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.

**Series C** 2009 **Venture** 2012 **Round** 2018 [River Cities Capital Funds](https://millionrounds.com/fund/river-cities-capital-funds) [CHV Capital](https://millionrounds.com/fund/chv-capital) [Twilight Venture Partners](https://millionrounds.com/fund/twilight-venture-partners) [The Halo Group](https://millionrounds.com/fund/the-halo-group)

## Everyone who backed them

[River Cities Capital Funds](https://millionrounds.com/fund/river-cities-capital-funds) Investment firm **1** round

[CHV Capital](https://millionrounds.com/fund/chv-capital) Growth equity **1** round

[Twilight Venture Partners](https://millionrounds.com/fund/twilight-venture-partners) VC firm **1** round

[The Halo Group](https://millionrounds.com/fund/the-halo-group) Growth equity **1** round

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

## Quick answers about NICO

### Who invested in NICO?

NICO's investors include River Cities Capital Funds, CHV Capital, Twilight Venture Partners and The Halo Group.

### How much has NICO raised?

NICO has raised $29M across 3 rounds since 2009.

### When did NICO last raise?

NICO's most recent round was an Undisclosed round of $13M in Nov 2018.

### What was NICO's biggest round?

Its most recent round, $13M in Nov 2018, is also its largest on record.

### Who backed NICO first?

NICO's first round on record, in Jul 2009, was backed by River Cities Capital Funds, CHV Capital and Twilight Venture Partners and 1 others.

### What stage is NICO at?

NICO's latest named round is an Undisclosed round, in Nov 2018.

### Where is NICO based?

NICO is based in the United States.

## Companies like NICO

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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