# Reneo Pharmaceuticals funding: rounds and investors

> Reneo Pharmaceuticals has raised $105M across 2 rounds since 2019. Investors include New Enterprise Associates, RiverVest and Pappas Capital.

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

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

# Who invested in *Reneo Pharmaceuticals*

2 rounds we have observed, with the 4 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

**$105M** raised across 2 rounds since 2019, from 2 sources

**$50M** Series A **$55M** Round

- **Latest round:** Round, $55M May 2023
- **Investors:** 4 (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.

2020 2021 2022 2023

**$50M** Series A

**$55M** Round

- **First round:** Series A, $50M
- **Biggest round:** $55M
- **Between rounds:** 3.9 years

## The rounds

- **May 2023** Round **$55M** *1 returning* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) Source recorded
- **May 2019** Series A **$50M** *4 new* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) Lead [RiverVest](https://millionrounds.com/fund/rivervest-venture-partners) [Pappas Capital](https://millionrounds.com/fund/pappas-capital) [Lundbeckfonden Ventures](https://millionrounds.com/fund/lundbeckfonden-ventures) Reported by FinSMEs SEC filing: $25M sold, first sale May 2019

## Founders and team

From the SEC filings it signed: 4 on the team.

- **Alejandro Dorenbaum** Executive Officer i
- **Gregory Flesher** Executive Officer, Director i
- **Mike Cruse** Executive Officer i
- **Wendy Johnson** Executive Officer i

On the board, as filed i *Bali Muralidhar* *Ed Mathers* *Johan Kordel* *Kenneth Harrison* *Lon Cardon* *Michael Grey* *Niall O'Donnell* *Stacey Seltzer*

## 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 A** 2019 **Round** 2023 [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) L [RiverVest](https://millionrounds.com/fund/rivervest-venture-partners) [Pappas Capital](https://millionrounds.com/fund/pappas-capital) [Lundbeckfonden Ventures](https://millionrounds.com/fund/lundbeckfonden-ventures)

## Everyone who backed them

[New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) VC firm **2** rounds, led 1

[RiverVest](https://millionrounds.com/fund/rivervest-venture-partners) VC firm **1** round

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

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

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

## Also claim to have backed them

This firm lists Reneo Pharmaceuticals as a portfolio company on their own website, but no report of a round names it. 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

## Quick answers about Reneo Pharmaceuticals

### Who invested in Reneo Pharmaceuticals?

Reneo Pharmaceuticals's investors include New Enterprise Associates, RiverVest, Pappas Capital and Lundbeckfonden Ventures.

### How much has Reneo Pharmaceuticals raised?

Reneo Pharmaceuticals has raised $105M across 2 rounds since 2019.

### When did Reneo Pharmaceuticals last raise?

Reneo Pharmaceuticals's most recent round was an Undisclosed round of $55M in May 2023.

### What was Reneo Pharmaceuticals's biggest round?

Its most recent round, $55M in May 2023, is also its largest on record.

### Who backed Reneo Pharmaceuticals first?

Reneo Pharmaceuticals's first round on record, in May 2019, was backed by New Enterprise Associates, RiverVest and Pappas Capital and 1 others.

### What stage is Reneo Pharmaceuticals at?

Reneo Pharmaceuticals's latest named round is an Undisclosed round, in May 2023.

### Where is Reneo Pharmaceuticals based?

Reneo Pharmaceuticals is based in the United States.

### Who led Reneo Pharmaceuticals's rounds?

New Enterprise Associates led the Series A in 2019.

## Companies like Reneo Pharmaceuticals

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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