# Ovid Therapeutics funding: rounds and investors

> Ovid Therapeutics has raised $166M across 4 rounds since 2015. Investors include Redmile Group, Cormorant Asset Management and RA Capital Management.

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

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

# Who invested in *Ovid Therapeutics*

4 rounds we have observed, with the 15 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 Pharma

Raised 8 months ago

Funding summary Updated 26 Oct 2026

**$166M** raised across 4 rounds since 2015, from 4 sources

**$5.1M** Venture **$75M** Series B **$26M** Series D **$60M** Round

- **Latest round:** Round, $60M Mar 2026
- **Biggest round:** $75M Series B · Aug 2015
- **Step-up i:** 2.3×
- **Investors:** 15

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.

2015 2017 2019 2021 2023 2025

**$5.1M** Venture

**$75M** Series B

**$26M** Series D

**$60M** Round

- **First round:** Venture, $5.1M
- **Biggest round:** $75M
- **Usual gap between rounds:** 17 months

## The rounds

- **Mar 2026** Round **$60M** *2 new* *2 returning* [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) [Redmile Group](https://millionrounds.com/fund/redmile-group) Source recorded
- **Jan 2017** Series D **$26M** *5 new* *1 returning* [Redmile Group](https://millionrounds.com/fund/redmile-group) [Sphera](https://millionrounds.com/fund/sphera) Fidelity/ Cowen Jennison Sanofi-Genzyme Tekla Reported by Endpts SEC filing: $26M sold, first sale Jan 2017
- **Aug 2015** Series B **$75M** *8 new* [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) [Redmile Group](https://millionrounds.com/fund/redmile-group) [Jennison Associates](https://millionrounds.com/fund/jennison-associates) [Sanofi-Genzyme BioVentures](https://millionrounds.com/fund/sanofi-genzyme-bioventures) [Fidelity Management and Research Company](https://millionrounds.com/fund/fidelity-management-and-research-company) [Tekla Capital Management](https://millionrounds.com/fund/tekla-capital-management) DoubleLine Equity Healthcare Fund Sphera Global Healthcare Fund From a historical funding record SEC filing: $75M sold, first sale Aug 2015
- **Mar 2015** Venture **$5.1M** No investor was named in the report. From a historical funding record SEC filing: $5.1M sold, first sale Oct 2014

## Founders and team

From Ovid Therapeutics's own website and the SEC filings it signed: 7 on the team.

- **Meg Alexander** President & Chief Executive Officer
- **Charles Carter** Chief Financial Officer
- **Kevin Norrett** Chief Business Officer
- **Amit E. Rakhit** Executive Officer i
- **Jeremy M. Levin** Executive Officer, Director i
- **Matthew J. During** Executive Officer, Director i
- **Yaron M. Werber** Executive Officer i

On the board, as filed i *Bart M. Friedman* *Douglas E. Williams* *Karen E. Bernstein*

## 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.

**Venture** 2015 **Series B** 2015 **Series D** 2017 **Round** 2026 [Redmile Group](https://millionrounds.com/fund/redmile-group) [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) [Jennison Associates](https://millionrounds.com/fund/jennison-associates) [Sanofi-Genzyme BioVentures](https://millionrounds.com/fund/sanofi-genzyme-bioventures) [Fidelity Management and Research Company](https://millionrounds.com/fund/fidelity-management-and-research-company) [Tekla Capital Management](https://millionrounds.com/fund/tekla-capital-management) [Sphera](https://millionrounds.com/fund/sphera) DoubleLine Equity Healthcare Fund

## Everyone who backed them

[Redmile Group](https://millionrounds.com/fund/redmile-group) VC firm **3** rounds

[Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) Private equity **2** rounds

[RA Capital Management](https://millionrounds.com/fund/ra-capital-management) Private equity **1** round

[Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) Private equity **1** round

[Jennison Associates](https://millionrounds.com/fund/jennison-associates) Growth equity **1** round

[Sanofi-Genzyme BioVentures](https://millionrounds.com/fund/sanofi-genzyme-bioventures) Corporate VC **1** round

[Fidelity Management and Research Company](https://millionrounds.com/fund/fidelity-management-and-research-company) Growth equity **1** round

[Tekla Capital Management](https://millionrounds.com/fund/tekla-capital-management) VC firm **1** round

[Sphera](https://millionrounds.com/fund/sphera) Hedge fund **1** round

DoubleLine Equity Healthcare Fund no record of our own yet **1** round

Fidelity/ Cowen no record of our own yet **1** round

Jennison no record of our own yet **1** round

Sanofi-Genzyme no record of our own yet **1** round

Sphera Global Healthcare Fund no record of our own yet **1** round

Tekla 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=ovid-therapeutics).

## Quick answers about Ovid Therapeutics

### Who invested in Ovid Therapeutics?

Ovid Therapeutics's investors include Redmile Group, Cormorant Asset Management, RA Capital Management, Janus Henderson Investors and Jennison Associates, and 10 more on record.

### How much has Ovid Therapeutics raised?

Ovid Therapeutics has raised $166M across 4 rounds since 2015.

### When did Ovid Therapeutics last raise?

Ovid Therapeutics's most recent round was an Undisclosed round of $60M in Mar 2026.

### What was Ovid Therapeutics's biggest round?

Ovid Therapeutics's largest round on record is $75M (Series B), in Aug 2015.

### Who backed Ovid Therapeutics first?

Ovid Therapeutics's first round on record, in Aug 2015, was backed by Cormorant Asset Management, Redmile Group and Jennison Associates and 5 others.

### What stage is Ovid Therapeutics at?

Ovid Therapeutics's latest named round is an Undisclosed round, in Mar 2026.

### Where is Ovid Therapeutics based?

Ovid Therapeutics is based in the United States.

## Companies like Ovid Therapeutics

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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