United States · Series D startup

Who invested in ONL Therapeutics

3 rounds we have observed, with the 2 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

Funding summaryUpdated 26 Oct 2026

$67Mraised across 3 rounds since 2014, from 3 sources

$502KSeed$1.4MGrant$65MSeries D
Latest round
Series D, $65MSept 2024
Step-upi
47.4×
Investors
2
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.

201420162018202020222024
$502KSeed$1.4MGrant$65MSeries D
First round
Seed, $502K
Jul 2014
Biggest round
$65M
Series D · Sept 2024
Usual gap between rounds
9.8 years
the median of 2

The rounds

  1. Sept 2024
    Series D$65M2 new

    Source recordedSEC filing: $60M sold, first sale Sept 2024

  2. Nov 2014
    Grant$1.4M

    No investor was named in the report.

    From a historical funding record

  3. Jul 2014
    Seed$502K

    No investor was named in the report.

    From a historical funding recordSEC filing: $502K sold, first sale Jun 2014

Founders and team

From ONL Therapeutics's own website: 7 on the team.

  • David EspositoPresident and Chief Executive Officer
  • Amanda MacielDirector of Finance
  • Anjalie MahabirProject Manager, Clinical Operations
  • Kristin HanleyLead Regulatory and Compliance Consultant
  • Linda KemnitzManager, Administrative Operations
  • Nicole RoseDirector, Clinical Operations
  • Rackham Graduate School2023 intern

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.

Seed2014Grant2014Series D2024National Institutes of HealthNovartis

Everyone who backed them

NovartisVC firm1round

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

Also claim to have backed them

These 4 firms list ONL Therapeutics 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.

ExSight VenturesVC firmSeries B, per its site
Visionary Ventures FundVC firmPer its own site
Invest MichiganVC firmPer its own site
Accelerate Blue FundVC firmPer its own site

Quick answers about ONL Therapeutics

Who invested in ONL Therapeutics?

ONL Therapeutics's investors include National Institutes of Health and Novartis.

How much has ONL Therapeutics raised?

ONL Therapeutics has raised $67M across 3 rounds since 2014.

When did ONL Therapeutics last raise?

ONL Therapeutics's most recent round was a Series D of $65M in Sept 2024.

What was ONL Therapeutics's biggest round?

Its most recent round, $65M in Sept 2024, is also its largest on record.

Who backed ONL Therapeutics first?

ONL Therapeutics's first round on record, in Sept 2024, was backed by National Institutes of Health and Novartis.

What stage is ONL Therapeutics at?

ONL Therapeutics's latest named round is a Series D, in Sept 2024.

Where is ONL Therapeutics based?

ONL Therapeutics is based in the United States.

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