# Protenus funding: rounds and investors

> Protenus has raised $33M across 6 rounds since 2014. Investors include Dreamit Ventures, TEDCO and Gaingels. Every round with its source.

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

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

# Who invested in *Protenus*

6 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.

AI Biotech Healthcare

Funding summary Updated 26 Oct 2026

**$33M** raised across 6 rounds since 2014, from 6 sources

**$50K** Seed **$770K** Seed **$100K** Seed **$11M** Series B **$21M** Series D

- **Latest round:** Series D, $21M Jun 2021
- **Step-up i:** 1.9×
- **Investors:** 8

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.

2014 2015 2016 2017 2018 2019 2020 2021

**?** Seed

**$50K** Seed

**$770K** Seed

**$100K** Seed

**$11M** Series B

**$21M** Series D

- **First round:** Seed
- **Biggest round:** $21M
- **Usual gap between rounds:** 6 months

## The rounds

- **Jun 2021** Series D **$21M** *2 new* *1 returning* [Gaingels](https://millionrounds.com/fund/gaingels) [TEDCO](https://millionrounds.com/fund/tedco) [Arthur Ventures](https://millionrounds.com/fund/arthur-ventures) Source recorded SEC filing: $16M sold, first sale Apr 2021
- **Jan 2018** Series B **$11M** *4 new* [F-Prime Capital](https://millionrounds.com/fund/f-prime) [LionBird](https://millionrounds.com/fund/lionbird) [Cognosante](https://millionrounds.com/fund/cognosante) Kaiser Permanente Ventures/ Arthur Ventures Reported by FinSMEs SEC filing: $11M sold, first sale Jan 2018
- **Jan 2015** Seed **$100K** *1 new* [TEDCO](https://millionrounds.com/fund/tedco) From a historical funding record SEC filing: $100K sold, first sale Dec 2014
- **Sept 2014** Seed **$770K** No investor was named in the report. From a historical funding record SEC filing: $770K sold, first sale Sept 2014
- **Apr 2014** Seed **$50K** *1 returning* [Dreamit Ventures](https://millionrounds.com/fund/dreamit-ventures) From a historical funding record SEC filing: $50K sold, first sale Apr 2014
- **Jan 2014** Seed **Amount undisclosed** *1 new* [Dreamit Ventures](https://millionrounds.com/fund/dreamit-ventures) From a historical funding record SEC filing: $50K sold, first sale Apr 2014

## Founders and team

From Protenus's own website and the SEC filings it signed: 1 founder, 8 on the team.

**Kevin MacDonald** Co-Founder and CEO

- **Jason Vander Meer** Chief Product Officer
- **Mark Peters** Chief Financial Officer
- **Matt McAluney** Chief Revenue Officer
- **Vijay Venkatesh** Chief Technology Officer
- **Amy Schartner** VP, People
- **Jacki McLain** VP of Sales
- **Wayne Chan** VP of Legal
- **Nicholas Culbertson** Executive Officer, Director i

On the board, as filed i *James Burgum* *Jon Lim* *Robert Lord* *Sam Brasch*

## 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** 2014 **Seed** 2014 **Seed** 2014 **Seed** 2015 **Series B** 2018 **Series D** 2021 [Dreamit Ventures](https://millionrounds.com/fund/dreamit-ventures) [TEDCO](https://millionrounds.com/fund/tedco) [Gaingels](https://millionrounds.com/fund/gaingels) [F-Prime Capital](https://millionrounds.com/fund/f-prime) [Arthur Ventures](https://millionrounds.com/fund/arthur-ventures) [LionBird](https://millionrounds.com/fund/lionbird) [Cognosante](https://millionrounds.com/fund/cognosante) Kaiser Permanente Ventures/ Arthur Ventures

## Everyone who backed them

[Dreamit Ventures](https://millionrounds.com/fund/dreamit-ventures) VC firm **2** rounds

[TEDCO](https://millionrounds.com/fund/tedco) VC firm **2** rounds

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

[F-Prime Capital](https://millionrounds.com/fund/f-prime) VC firm **1** round

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

[LionBird](https://millionrounds.com/fund/lionbird) VC firm **1** round

[Cognosante](https://millionrounds.com/fund/cognosante) Corporate VC **1** round

Kaiser Permanente Ventures/ Arthur Ventures 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=protenus).

## Also claim to have backed them

These 3 firms list Protenus 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.

[Kaiser Permanente Ventures](https://millionrounds.com/fund/kaiser-permanente-ventures) Corporate VC Per its own site

[TCP Venture Capital](https://millionrounds.com/fund/tcp-venture-capital) VC firm Per its own site

[Realm Capital Ventures](https://millionrounds.com/fund/realm-capital-ventures) VC firm Per its own site

## Quick answers about Protenus

### Who invested in Protenus?

Protenus's investors include Dreamit Ventures, TEDCO, Gaingels, F-Prime Capital and Arthur Ventures, and 3 more on record.

### How much has Protenus raised?

Protenus has raised $33M across 6 rounds since 2014. One round did not disclose an amount, so the total is a floor.

### When did Protenus last raise?

Protenus's most recent round was a Series D of $21M in Jun 2021.

### What was Protenus's biggest round?

Its most recent round, $21M in Jun 2021, is also its largest on record.

### Who backed Protenus first?

Protenus's first round on record, in Jan 2014, was backed by Dreamit Ventures.

### What stage is Protenus at?

Protenus's latest named round is a Series D, in Jun 2021.

### Where is Protenus based?

Protenus is based in the United States.

## Companies like Protenus

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

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app
