# PellePharm funding: rounds and investors

> PellePharm has raised $78M across 6 rounds since 2014. Investors include LEO Pharma. Every round with its source.

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

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

# Who invested in *PellePharm*

6 rounds we have observed, with the one investor 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

**$78M** raised across 6 rounds since 2014, from 6 sources

**$476K** Venture **$1.3M** Venture **$1.8M** Venture **$119K** Venture **$4.5M** Venture **$70M** Round

- **Latest round:** Round, $70M Nov 2018
- **Step-up i:** 15.4×
- **Investors:** 1

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 2016 2017 2018

**$476K** Venture

**$1.3M** Venture

**$1.8M** Venture

**$119K** Venture

**$70M** Round

- **First round:** Venture, $476K
- **Biggest round:** $70M
- **Usual gap between rounds:** 6 months

## The rounds

- **Nov 2018** Round **$70M** *1 new* [LEO Pharma](https://millionrounds.com/fund/leo-pharma) Reported by Xconomy
- **Jul 2015** Venture **$4.5M** No investor was named in the report. From a historical funding record SEC filing: $4.5M sold, first sale Jul 2015
- **May 2015** Venture **$119K** No investor was named in the report. From a historical funding record SEC filing: $119K sold, first sale Jan 2015
- **Apr 2015** Venture **$1.8M** No investor was named in the report. From a historical funding record SEC filing: $1.8M sold, first sale Mar 2015
- **Oct 2014** Venture **$1.3M** No investor was named in the report. From a historical funding record SEC filing: $1.3M sold, first sale Oct 2014
- **Jul 2014** Venture **$476K** No investor was named in the report. From a historical funding record SEC filing: $476K sold, first sale Jun 2014

## Founders and team

From the SEC filings it signed: 1 on the team.

- **Sanuj Ravinddran** Executive Officer, Director, Promoter i

On the board, as filed i *Ervin Epstein* *Frank McCormick* *Jean Y. Tang* *Neil Kumar*

## Everyone who backed them

[LEO Pharma](https://millionrounds.com/fund/leo-pharma) Corporate VC **1** round

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

## Also claim to have backed them

These 2 firms list PellePharm 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.

[Aisling Capital](https://millionrounds.com/fund/aisling-capital) Private equity Per its own site

[EcoR1 Capital](https://millionrounds.com/fund/ecor1-capital) Private equity Per its own site

## Quick answers about PellePharm

### Who invested in PellePharm?

PellePharm's investors include LEO Pharma.

### How much has PellePharm raised?

PellePharm has raised $78M across 6 rounds since 2014.

### When did PellePharm last raise?

PellePharm's most recent round was an Undisclosed round of $70M in Nov 2018.

### What was PellePharm's biggest round?

Its most recent round, $70M in Nov 2018, is also its largest on record.

### Who backed PellePharm first?

PellePharm's first round on record, in Nov 2018, was backed by LEO Pharma.

### What stage is PellePharm at?

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

### Where is PellePharm based?

PellePharm is based in the United States.

## Companies like PellePharm

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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