# Phil funding: rounds and investors

> Phil has raised $85M across 2 rounds since 2019. Investors include GreatPoint Ventures, Uncork Capital and SV Angel. Every round with its source.

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

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

# Who invested in *Phil*

2 rounds we have observed, with the 8 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

**$85M** raised across 2 rounds since 2019, from 2 sources

**$25M** Series B **$60M** Debt

- **Latest round:** Debt, $60M Jul 2025
- **Step-up i:** 2.4×
- **Investors:** 8 (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.

2019 2020 2021 2022 2023 2024 2025

**$25M** Series B

**$60M** Debt

- **First round:** Series B, $25M
- **Biggest round:** $60M
- **Between rounds:** 6.2 years

## The rounds

- **Jul 2025** Debt **$60M** *4 new* *2 returning* [SV Angel](https://millionrounds.com/fund/sv-angel) [FJ Labs](https://millionrounds.com/fund/fj-labs) [Warburg Pincus](https://millionrounds.com/fund/warburg-pincus) [Uncork Capital](https://millionrounds.com/fund/uncork-capital) [Forerunner Ventures](https://millionrounds.com/fund/forerunner-ventures) [GreatPoint Ventures](https://millionrounds.com/fund/greatpoint-ventures) Source recorded
- **May 2019** Series B **$25M** *4 new* [GreatPoint Ventures](https://millionrounds.com/fund/greatpoint-ventures) Lead [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) [Uncork Capital](https://millionrounds.com/fund/uncork-capital) Tarsadia Reported by FinSMEs

## Founders and team

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

- **Deepak Thomas** Executive Officer, Director i

## 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 B** 2019 **Debt** 2025 [GreatPoint Ventures](https://millionrounds.com/fund/greatpoint-ventures) L [Uncork Capital](https://millionrounds.com/fund/uncork-capital) [SV Angel](https://millionrounds.com/fund/sv-angel) [FJ Labs](https://millionrounds.com/fund/fj-labs) [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) [Warburg Pincus](https://millionrounds.com/fund/warburg-pincus) [Forerunner Ventures](https://millionrounds.com/fund/forerunner-ventures) Tarsadia

## Everyone who backed them

[GreatPoint Ventures](https://millionrounds.com/fund/greatpoint-ventures) VC firm **2** rounds, led 1

[Uncork Capital](https://millionrounds.com/fund/uncork-capital) VC firm **2** rounds

[SV Angel](https://millionrounds.com/fund/sv-angel) VC firm **1** round

[FJ Labs](https://millionrounds.com/fund/fj-labs) VC firm **1** round

[Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) VC firm **1** round

[Warburg Pincus](https://millionrounds.com/fund/warburg-pincus) Private equity **1** round

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

Tarsadia 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=phil).

## Also claim to have backed them

These 5 firms list Phil 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.

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

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

[K2 HealthVentures](https://millionrounds.com/fund/k2-healthventures) Private equity Per its own site

[Avtar Enterprise, LLC](https://millionrounds.com/fund/avtar-enterprise-llc) Family office Per its own site

[Saltwater Fund](https://millionrounds.com/fund/saltwater-fund) Investment firm Per its own site

## Quick answers about Phil

### Who invested in Phil?

Phil's investors include GreatPoint Ventures, Uncork Capital, SV Angel, FJ Labs and Crosslink Capital, and 3 more on record.

### How much has Phil raised?

Phil has raised $85M across 2 rounds since 2019.

### When did Phil last raise?

Phil's most recent round was a Debt of $60M in Jul 2025.

### What was Phil's biggest round?

Its most recent round, $60M in Jul 2025, is also its largest on record.

### Who backed Phil first?

Phil's first round on record, in May 2019, was backed by GreatPoint Ventures, Crosslink Capital and Uncork Capital and 1 others.

### What stage is Phil at?

Phil's latest named round is a Debt, in Jul 2025.

### Where is Phil based?

Phil is based in the United States.

### Who led Phil's rounds?

GreatPoint Ventures led the Series B in 2019.

## Companies like Phil

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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