United States · Growth startup

Who invested in Pulmatrix

7 rounds we have observed, with the 6 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

Raised 6 months ago

Funding summaryUpdated 26 Oct 2026

$85Mraised across 7 rounds since 2009, from 7 sources

$3.5MSeries A$30MSeries B$5.7MGrant$14MSeries B$21MDebt$10MGrowth$1.0MRound
Latest round
Round, $1.0MApr 2026
Biggest round
$30MSeries B · Nov 2009
Investors
6
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.

200920122015201820212024
$3.5MSeries A$30MSeries B$5.7MGrant$14MSeries B$21MDebt$10MGrowth$1.0MRound
First round
Series A, $3.5M
Mar 2009
Biggest round
$30M
Series B · Nov 2009
Usual gap between rounds
18 months
the median of 6

The rounds

  1. Apr 2026
    Round$1.0M

    No investor was named in the report.

    Filed with the SEC (Form D); no report of this raise yetSEC filing: $1.0M sold, first sale Apr 2026

  2. Jun 2015
    Growth$10M1 new3 returning

    From a historical funding recordSEC filing: $688K sold, first sale Jun 2015

  3. Feb 2013
    Debt$21M

    No investor was named in the report.

    Reported by sec.govSEC filing: $21M sold, first sale Aug 2011

  4. Aug 2011
    Series B$14M4 returning

    Reported by eon.businesswire.comSEC filing: $5.0M sold, first sale Aug 2011

  5. Dec 2010
    Grant$5.7M

    No investor was named in the report.

    Reported by fis.dowjones.com

  6. Nov 2009
    Series B$30M3 new2 returning

    Reported by xconomy.comSEC filing: $15M sold, first sale Oct 2009

  7. Mar 2009
    Series A$3.5M2 new

    Reported by masshightech.com

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.

Everyone who backed them

Polaris PartnersVC firm4rounds
5AM VenturesVC firm4rounds
ARCH Venture PartnersVC firm3rounds
Novartis Venture FundCorporate VC2rounds
Novartis BioventuresGrowth equity1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Pulmatrix

Who invested in Pulmatrix?

Pulmatrix's investors include Polaris Partners, 5AM Ventures, ARCH Venture Partners, Novartis Venture Fund and Altitude Life Science Ventures, and 1 more on record.

How much has Pulmatrix raised?

Pulmatrix has raised $85M across 7 rounds since 2009.

When did Pulmatrix last raise?

Pulmatrix's most recent round, $1.0M, was in Apr 2026.

What was Pulmatrix's biggest round?

Pulmatrix's largest round on record is $30M (Series B), in Nov 2009.

Who backed Pulmatrix first?

Pulmatrix's first round on record, in Mar 2009, was backed by Polaris Partners and 5AM Ventures.

What stage is Pulmatrix at?

Pulmatrix's latest named round is a Growth, in Jun 2015.

Where is Pulmatrix based?

Pulmatrix is based in the United States.

Companies like Pulmatrix

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

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