# OptiNose funding: rounds and investors

> OptiNose has raised $151M across 4 rounds since 2010. Investors include Entrepreneurs Fund, Avista Capital Partners and WFD Ventures.

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

Norway · [Series D startup](https://millionrounds.com/companies)

# Who invested in *OptiNose*

4 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

**$151M** raised across 4 rounds since 2010, from 4 sources

**$49M** Series C **$35M** Series C **$30M** Series D **$37M** Series D

- **Latest round:** Series D, $37M May 2017
- **Biggest round:** $49M Series C · Jun 2010
- **Step-up i:** 1.2×
- **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.

2010 2011 2012 2013 2014 2015 2016 2017

**$49M** Series C

**$35M** Series C

**$30M** Series D

**$37M** Series D

- **First round:** Series C, $49M
- **Biggest round:** $49M
- **Usual gap between rounds:** 19 months

## The rounds

- **May 2017** Series D **$37M** *1 new* *1 returning* [Entrepreneurs Fund](https://millionrounds.com/fund/entrepreneurs-fund) Fidelity Management/ Avista Capital Reported by FinSMEs SEC filing: $35M sold, first sale Mar 2017
- **Oct 2015** Series D **$30M** No investor was named in the report. From a historical funding record SEC filing: $15M sold, first sale Sept 2015
- **Aug 2014** Series C **$35M** *2 new* *1 returning* [Entrepreneurs Fund](https://millionrounds.com/fund/entrepreneurs-fund) [WFD Ventures](https://millionrounds.com/fund/wfd-ventures) [Avista Capital Partners](https://millionrounds.com/fund/avista-capital-partners) From a historical funding record SEC filing: $30M sold, first sale Jul 2014
- **Jun 2010** Series C **$49M** *1 new* [Avista Capital Partners](https://millionrounds.com/fund/avista-capital-partners) Reported by optinose.com SEC filing: $21M sold, first sale Jun 2010

## Founders and team

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

- **Ramy A. Mahmoud** Chief Executive Officer i
- **Anthony J. Krick** Chief Accounting Officer i
- **Michael F. Marino** Chief Legal Officer and Corporate Secretary i
- **Paul A. Spence** Chief Commercial Officer i

On the board, as filed i *Catherine E. Owen* *Eric John Bednarski* *Kyle John Dempsey* *R. John Fletcher* *Sandra L. Helton* *Tomas J. Heyman* *Wilhelmus John Groenhuysen*

## 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** 2010 **Series C** 2014 **Series D** 2015 **Series D** 2017 [Entrepreneurs Fund](https://millionrounds.com/fund/entrepreneurs-fund) [Avista Capital Partners](https://millionrounds.com/fund/avista-capital-partners) [WFD Ventures](https://millionrounds.com/fund/wfd-ventures) Fidelity Management/ Avista Capital

## Everyone who backed them

[Entrepreneurs Fund](https://millionrounds.com/fund/entrepreneurs-fund) VC firm **2** rounds

[Avista Capital Partners](https://millionrounds.com/fund/avista-capital-partners) Private equity **2** rounds

[WFD Ventures](https://millionrounds.com/fund/wfd-ventures) Private equity **1** round

Fidelity Management/ Avista Capital no record of our own yet **1** round

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

## Also claim to have backed them

This firm lists OptiNose as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Athyrium Capital Management](https://millionrounds.com/fund/athyrium-capital-management-lp) Private equity Per its own site

## Quick answers about OptiNose

### Who invested in OptiNose?

OptiNose's investors include Entrepreneurs Fund, Avista Capital Partners, WFD Ventures and Fidelity Management/ Avista Capital.

### How much has OptiNose raised?

OptiNose has raised $151M across 4 rounds since 2010.

### When did OptiNose last raise?

OptiNose's most recent round was a Series D of $37M in May 2017.

### What was OptiNose's biggest round?

OptiNose's largest round on record is $49M (Series C), in Jun 2010.

### Who backed OptiNose first?

OptiNose's first round on record, in Jun 2010, was backed by Avista Capital Partners.

### What stage is OptiNose at?

OptiNose's latest named round is a Series D, in May 2017.

### Where is OptiNose based?

OptiNose is based in Norway.

## Companies like OptiNose

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

[**Zelluna Immunotherapy** $6.1M · Jun 2026](https://millionrounds.com/company/zelluna-immunotherapy)[**Circio** $32M · Jun 2026](https://millionrounds.com/company/circio)[**Biosort** $11M · Feb 2026](https://millionrounds.com/company/biosort)[**Alginor ASA** $43M · Oct 2025](https://millionrounds.com/company/alginor-asa)[**Aurora Analytica** $50K · Oct 2025](https://millionrounds.com/company/aurora-analytica)[**Coherence Neuro** $55M · Oct 2026](https://millionrounds.com/company/coherence-neuro)

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