# Paradromics funding: rounds and investors

> Paradromics has raised $7.0M across 3 rounds since 2018. Investors include Fusion Fund, FJ Labs and NEOM Investment Fund (NIF). Every round with its source.

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

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

# Who invested in *Paradromics*

3 rounds we have observed, with the 9 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 Healthtech

Raised 11 months ago

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Funding summary Updated 5 Nov 2026

**$7.0M** raised across 3 rounds since 2018, from 3 sources

- **Latest round:** Venture Dec 2025
- **Biggest round:** $7.0M Seed · Jun 2018
- **Investors:** 9 (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.

2018 2019 2020 2021 2022 2023 2024 2025

**$7.0M** Seed

**?** Round

**?** Venture

- **First round:** Seed, $7.0M
- **Biggest round:** $7.0M
- **Usual gap between rounds:** 6.7 years

## The rounds

- **Dec 2025** Venture **Amount undisclosed** *1 new* *2 returning* [Gaingels](https://millionrounds.com/fund/gaingels) [FJ Labs](https://millionrounds.com/fund/fj-labs) [Fusion Fund](https://millionrounds.com/fund/fusion-fund-2) Source recorded
- **Feb 2025** Round **Amount undisclosed** *2 new* *1 returning* [NEOM Investment Fund (NIF)](https://millionrounds.com/fund/neom-investment-fund) Lead [FJ Labs](https://millionrounds.com/fund/fj-labs) [Fusion Fund](https://millionrounds.com/fund/fusion-fund-2) Reported by TechStartups
- **Jun 2018** Seed **$7.0M** *6 new* [Fusion Fund](https://millionrounds.com/fund/fusion-fund-2) [Alpha Edison](https://millionrounds.com/fund/alpha-edison) [Loup Ventures](https://millionrounds.com/fund/loup-ventures) [Arkitekt Ventures](https://millionrounds.com/fund/arkitekt-ventures) Dolby Synergy Ventures/ It-Farm Reported by FinSMEs SEC filing: $7.1M sold, first sale Feb 2018

## Funding filed with regulators

Paradromics filed 7 raises, $97M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Mar 2023 **$50M** 53 investors equity of $51M offered SEC Form D
- Feb 2022 **$8.9M** 9 investors equity, debt SEC Form D
- Jan 2021 **$28M** 42 investors equity SEC Form D
- Mar 2019 **$1.4M** 6 investors debt, options of $3.0M offered SEC Form D
- Feb 2018 **$7.1M** 34 investors equity SEC Form D
- May 2017 **$175K** 2 investors debt, options, securities on exercise of $1.0M offered SEC Form D
- Aug 2015 **$985K** 16 investors debt, options, securities on exercise of $1.2M offered SEC Form D

## Founders and team

From Paradromics's own website and the SEC filings it signed: 10 on the team.

- **James Burrows** Chief Operating Officer
- **Justin Smith** Chief Strategy Officer
- **Key Hire** Medical device veteran James Burrows joins as COO.
- **Lydia Hancock** VP of Quality and Regulatory Affairs
- **Matt Marino** Executive VP of Finance
- **Rich Phillips** VP of Marketing & Communications
- **Sofi Hoysal** vp of people
- **Scott Way** General Counsel
- **Helmy Eltoukhy** Executive Officer, Director i
- **Matthew Angle** Executive Officer, Director i

On the board, as filed i *Amy Kruse*

## 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.

**Seed** 2018 **Round** 2025 **Venture** 2025 [Fusion Fund](https://millionrounds.com/fund/fusion-fund-2) [FJ Labs](https://millionrounds.com/fund/fj-labs) [NEOM Investment Fund (NIF)](https://millionrounds.com/fund/neom-investment-fund) L [Gaingels](https://millionrounds.com/fund/gaingels) [Alpha Edison](https://millionrounds.com/fund/alpha-edison) [Loup Ventures](https://millionrounds.com/fund/loup-ventures) [Arkitekt Ventures](https://millionrounds.com/fund/arkitekt-ventures) Dolby Synergy Ventures/ It-Farm

## Everyone who backed them

[Fusion Fund](https://millionrounds.com/fund/fusion-fund-2) VC firm **3** rounds

[FJ Labs](https://millionrounds.com/fund/fj-labs) VC firm **2** rounds

[NEOM Investment Fund (NIF)](https://millionrounds.com/fund/neom-investment-fund) VC firm **1** round, led 1

[Gaingels](https://millionrounds.com/fund/gaingels) Private equity **1** round

[Alpha Edison](https://millionrounds.com/fund/alpha-edison) VC firm **1** round

[Loup Ventures](https://millionrounds.com/fund/loup-ventures) VC firm **1** round

[Arkitekt Ventures](https://millionrounds.com/fund/arkitekt-ventures) VC firm **1** round

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

Synergy Ventures/ It-Farm 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=paradromics).

## Also claim to have backed them

These 22 firms list Paradromics 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.

[Social Starts](https://millionrounds.com/fund/social-starts) VC firm Per its own site

[Dolby Family Ventures](https://millionrounds.com/fund/dolby-family-ventures) VC firm Per its own site

[Litquidity Ventures](https://millionrounds.com/fund/litquidity-ventures) VC firm Per its own site

[15th Rock](https://millionrounds.com/fund/15th-rock) VC firm Per its own site

[Deepwater Asset Management](https://millionrounds.com/fund/deepwater-asset-management) VC firm Per its own site

[Redbeard Ventures](https://millionrounds.com/fund/red-beard-ventures) Angel network Per its own site

[Shane Neman](https://millionrounds.com/fund/shane-neman) Angel 2026, per its site

[The SageHouse](https://millionrounds.com/fund/the-sagehouse) Advisor Per its own site

[Anthropy Partners, LLC](https://millionrounds.com/fund/anthropy-partners-llc) VC firm Per its own site

[Block City Ventures](https://millionrounds.com/fund/block-city-ventures) VC firm Per its own site

[Cloudstone Venture...](https://millionrounds.com/fund/cloudstone-venture) VC firm Per its own site

[CoastCap](https://millionrounds.com/fund/coastcap) Family office Per its own site

[Frontier Path Venture Capital](https://millionrounds.com/fund/frontier-path-venture-capital) Family office Per its own site

[Global Venture Bridge](https://millionrounds.com/fund/global-venture-bridge) VC firm Per its own site

[Kaleida Capital](https://millionrounds.com/fund/kaleida-capital) VC firm Per its own site

[LFG Capital Management LLC](https://millionrounds.com/fund/lfg-capital-management-llc) Investor Per its own site

[LFG Holdings](https://millionrounds.com/fund/lfg-ventures) VC firm Per its own site

[Lateral Capital Management](https://millionrounds.com/fund/lateral-capital-ma) VC firm Per its own site

[Leo Lion Limited](https://millionrounds.com/fund/leo-lion-limited) VC firm Per its own site

[Peter H. Diamandis (PHD Ventures)](https://millionrounds.com/fund/peter-h-diamandis-phd-ventures) Family office Per its own site

[Stroud Companies](https://millionrounds.com/fund/stroud-companies) VC firm Per its own site

[Wealthing VC Club](https://millionrounds.com/fund/wealthing-vc-club) VC firm Per its own site

## Quick answers about Paradromics

### Who invested in Paradromics?

Paradromics's investors include Fusion Fund, FJ Labs, NEOM Investment Fund (NIF), Gaingels and Alpha Edison, and 4 more on record.

### How much has Paradromics raised?

Paradromics has raised $7.0M across 3 rounds since 2018. 2 rounds did not disclose an amount, so the total is a floor.

### When did Paradromics last raise?

Paradromics's most recent round was a Venture in Dec 2025.

### What was Paradromics's biggest round?

Paradromics's largest round on record is $7.0M (Seed), in Jun 2018.

### Who backed Paradromics first?

Paradromics's first round on record, in Jun 2018, was backed by Fusion Fund, Alpha Edison and Loup Ventures and 3 others.

### What stage is Paradromics at?

Paradromics's latest named round is a Venture, in Dec 2025.

### Where is Paradromics based?

Paradromics is based in the United States.

### Who led Paradromics's rounds?

NEOM Investment Fund (NIF) led the Undisclosed round in 2025.

## Companies like Paradromics

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