# Rhythm Pharmaceuticals funding: rounds and investors

> Rhythm Pharmaceuticals has raised $311M across 10 rounds since 2010. Investors include New Enterprise Associates, MPM Capital and Third Rock Ventures.

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

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

# Who invested in *Rhythm Pharmaceuticals*

10 rounds we have observed, with the 9 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

Funding summary Updated 26 Oct 2026

**$311M** raised across 10 rounds since 2010, from 10 sources

**$21M** Series A **$19M** Series A **$9.5M** Venture **$25M** Series B **$8.0M** Series B **$11M** Series B **$1.4M** Grant **$40M** Series A **$1.0M** Grant **$175M** Round

- **Latest round:** Round, $175M Jul 2025
- **Step-up i:** 175×
- **Investors:** 9

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.

2010 2012 2014 2016 2018 2020 2022 2024

**$21M** Series A

**$19M** Series A

**$9.5M** Venture

**$25M** Series B

**$40M** Series A

**$1.0M** Grant

**$175M** Round

- **First round:** Series A, $21M
- **Biggest round:** $175M
- **Usual gap between rounds:** 8 months

## The rounds

- **Jul 2025** Round **$175M** *2 returning* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [OrbiMed](https://millionrounds.com/fund/orbimed) Source recorded
- **Sept 2015** Grant **$1.0M** No investor was named in the report. From a historical funding record SEC filing: $40M sold, first sale Aug 2015
- **Aug 2015** Series A **$40M** *3 new* *5 returning* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [OrbiMed](https://millionrounds.com/fund/orbimed) [Wellington Management](https://millionrounds.com/fund/wellington-management) [Deerfield](https://millionrounds.com/fund/deerfield) [MPM Capital](https://millionrounds.com/fund/mpm-bioimpact) [Third Rock Ventures](https://millionrounds.com/fund/third-rock-ventures) [Pfizer](https://millionrounds.com/fund/pfizer) [Ipsen](https://millionrounds.com/fund/ipsen) From a historical funding record SEC filing: $40M sold, first sale Aug 2015
- **Sept 2013** Grant **$1.4M** *1 new* [Michael J. Fox Foundation](https://millionrounds.com/fund/michael-j-fox-fou) Reported by bizjournals.com
- **Jul 2013** Series B **$11M** No investor was named in the report. Reported by biospace.com
- **Nov 2012** Series B **$8.0M** *1 new* *4 returning* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [MPM Capital](https://millionrounds.com/fund/mpm-bioimpact) [Third Rock Ventures](https://millionrounds.com/fund/third-rock-ventures) [Pfizer](https://millionrounds.com/fund/pfizer) [Ipsen](https://millionrounds.com/fund/ipsen) Reported by pehub.com SEC filing: $23M sold, first sale May 2012
- **Jun 2012** Series B **$25M** *2 new* *2 returning* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [MPM Capital](https://millionrounds.com/fund/mpm-bioimpact) [Third Rock Ventures](https://millionrounds.com/fund/third-rock-ventures) [Ipsen](https://millionrounds.com/fund/ipsen) Reported by rhythmtx.com SEC filing: $9.5M sold, first sale May 2012
- **Jun 2012** Venture **$9.5M** No investor was named in the report. Reported by masshightech.com SEC filing: $9.5M sold, first sale May 2012
- **Sept 2010** Series A **$19M** No investor was named in the report. Reported by genengnews.com SEC filing: $18M sold, first sale Mar 2010
- **Mar 2010** Series A **$21M** *2 new* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [MPM Capital](https://millionrounds.com/fund/mpm-bioimpact) Reported by fiercebiotech.com SEC filing: $10M sold, first sale Mar 2010

## Founders and team

From Rhythm Pharmaceuticals's own website and the SEC filings it signed: 8 on the team.

- **Keith Gottesdiener** Mr. Gottesdiener is the Chief Executive Officer of the Issuer. i
- **Jennifer Lee** Executive Vice President, Head of North America
- **Jim Flaherty** Senior Vice President and General Counsel
- **Yann Mazabraud** Executive Vice President, Head of International
- **Bart T. Henderson** Mr. Henderson is the President and Treasurer of the Issuer. i
- **Alicia Fiscus** Chief Regulatory Officer
- **Hunter Smith** Chief Financial Officer
- **Joe Shulman** Chief Technical Officer

On the board, as filed i *Christophe Jean* *David J. McGirr* *David P. Meeker* *Edward T. Mathers* *Jonathan T. Silverstein* *Neil Exter* *Todd T. Foley*

## 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.

**Venture** 2012 **Series B** 2012 **Series B** 2012 **Series B** 2013 **Grant** 2013 **Series A** 2015 **Grant** 2015 **Round** 2025 [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [MPM Capital](https://millionrounds.com/fund/mpm-bioimpact) [Third Rock Ventures](https://millionrounds.com/fund/third-rock-ventures) [Ipsen](https://millionrounds.com/fund/ipsen) [OrbiMed](https://millionrounds.com/fund/orbimed) [Pfizer](https://millionrounds.com/fund/pfizer) [Wellington Management](https://millionrounds.com/fund/wellington-management) [Deerfield](https://millionrounds.com/fund/deerfield) [Michael J. Fox Foundation](https://millionrounds.com/fund/michael-j-fox-fou)

## Everyone who backed them

[New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) VC firm **5** rounds

[MPM Capital](https://millionrounds.com/fund/mpm-bioimpact) Private equity **4** rounds

[Third Rock Ventures](https://millionrounds.com/fund/third-rock-ventures) VC firm **3** rounds

[Ipsen](https://millionrounds.com/fund/ipsen) Corporate VC **3** rounds

[OrbiMed](https://millionrounds.com/fund/orbimed) Private equity **2** rounds

[Pfizer](https://millionrounds.com/fund/pfizer) Corporate VC **2** rounds

[Wellington Management](https://millionrounds.com/fund/wellington-management) VC firm **1** round

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

[Michael J. Fox Foundation](https://millionrounds.com/fund/michael-j-fox-fou) Accelerator **1** round

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

## Quick answers about Rhythm Pharmaceuticals

### Who invested in Rhythm Pharmaceuticals?

Rhythm Pharmaceuticals's investors include New Enterprise Associates, MPM Capital, Third Rock Ventures, Ipsen and OrbiMed, and 4 more on record.

### How much has Rhythm Pharmaceuticals raised?

Rhythm Pharmaceuticals has raised $311M across 10 rounds since 2010.

### When did Rhythm Pharmaceuticals last raise?

Rhythm Pharmaceuticals's most recent round was an Undisclosed round of $175M in Jul 2025.

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

Its most recent round, $175M in Jul 2025, is also its largest on record.

### Who backed Rhythm Pharmaceuticals first?

Rhythm Pharmaceuticals's first round on record, in Mar 2010, was backed by New Enterprise Associates and MPM Capital.

### What stage is Rhythm Pharmaceuticals at?

Rhythm Pharmaceuticals's latest named round is an Undisclosed round, in Jul 2025.

### Where is Rhythm Pharmaceuticals based?

Rhythm Pharmaceuticals is based in the United States.

## Companies like Rhythm 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)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)[**Clinical Ink** $24M · Oct 2026](https://millionrounds.com/company/clinical-ink)[**Rejuvenate Bio** $13M · Oct 2026](https://millionrounds.com/company/rejuvenate-bio)

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