# Rotation Medical funding: rounds and investors

> Rotation Medical has raised $59M across 5 rounds since 2010. Investors include New Enterprise Associates, Pappas Ventures and EQT life science.

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

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

# Who invested in *Rotation Medical*

5 rounds we have observed, with the 3 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

**$59M** raised across 5 rounds since 2010, from 5 sources

**$3.9M** Venture **$10M** Venture **$5.5M** Debt **$27M** Series B **$12M** Series B

- **Latest round:** Series B, $12M Aug 2016
- **Biggest round:** $27M Series B · Jul 2014
- **Investors:** 3

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 2011 2012 2013 2014 2015 2016

**$3.9M** Venture

**$10M** Venture

**$5.5M** Debt

**$27M** Series B

**$12M** Series B

- **First round:** Venture, $3.9M
- **Biggest round:** $27M
- **Usual gap between rounds:** 2.1 years

## The rounds

- **Aug 2016** Series B **$12M** *2 returning* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Pappas Ventures](https://millionrounds.com/fund/pappas-ventures) Reported by FinSMEs SEC filing: $8.0M sold, first sale Jul 2016
- **Jul 2014** Series B **$27M** *3 new* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [EQT life science](https://millionrounds.com/fund/lsp-bioventures) [Pappas Ventures](https://millionrounds.com/fund/pappas-ventures) From a historical funding record SEC filing: $22M sold, first sale Jun 2014
- **Jun 2013** Debt **$5.5M** No investor was named in the report. Reported by sec.gov SEC filing: $5.5M sold, first sale May 2013
- **Apr 2011** Venture **$10M** No investor was named in the report. Reported by sec.gov SEC filing: $10M sold, first sale Apr 2011
- **Mar 2010** Venture **$3.9M** No investor was named in the report. From a historical funding record SEC filing: $3.9M sold, first sale Mar 2010

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Martha Shadan** Executive Officer, Director i
- **Thomas Westling** Executive Officer, Director i

On the board, as filed i *Ali Behbahani* *Fouad Azzam* *J. Albert Graf* *Kevin Sidow* *Michael DeMane* *Scott Weiner*

## 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** 2010 **Venture** 2011 **Debt** 2013 **Series B** 2014 **Series B** 2016 [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Pappas Ventures](https://millionrounds.com/fund/pappas-ventures) [EQT life science](https://millionrounds.com/fund/lsp-bioventures)

## Everyone who backed them

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

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

[EQT life science](https://millionrounds.com/fund/lsp-bioventures) Private equity **1** round

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

## Quick answers about Rotation Medical

### Who invested in Rotation Medical?

Rotation Medical's investors include New Enterprise Associates, Pappas Ventures and EQT life science.

### How much has Rotation Medical raised?

Rotation Medical has raised $59M across 5 rounds since 2010.

### When did Rotation Medical last raise?

Rotation Medical's most recent round was a Series B of $12M in Aug 2016.

### What was Rotation Medical's biggest round?

Rotation Medical's largest round on record is $27M (Series B), in Jul 2014.

### Who backed Rotation Medical first?

Rotation Medical's first round on record, in Jul 2014, was backed by New Enterprise Associates, EQT life science and Pappas Ventures.

### What stage is Rotation Medical at?

Rotation Medical's latest named round is a Series B, in Aug 2016.

### Where is Rotation Medical based?

Rotation Medical is based in the United States.

## Companies like Rotation Medical

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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