# Satsuma Pharmaceuticals funding: rounds and investors

> Satsuma Pharmaceuticals has raised $92M across 2 rounds since 2017. Investors include RA Capital Management, New Enterprise Associates and Wellington...

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

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

# Who invested in *Satsuma Pharmaceuticals*

2 rounds we have observed, with the 5 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

**$92M** raised across 2 rounds since 2017, from 2 sources

**$12M** Series A **$80M** Round

- **Latest round:** Round, $80M Mar 2021
- **Step-up i:** 6.7×
- **Investors:** 5

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.

2017 2018 2019 2020 2021

**$12M** Series A

**$80M** Round

- **First round:** Series A, $12M
- **Biggest round:** $80M
- **Between rounds:** 4.2 years

## The rounds

- **Mar 2021** Round **$80M** *3 new* *1 returning* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Wellington Management](https://millionrounds.com/fund/wellington-management) [Vivo Capital](https://millionrounds.com/fund/vivo-capital) Source recorded
- **Jan 2017** Series A **$12M** *2 new* [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [TPG](https://millionrounds.com/fund/tpg) Reported by FinSMEs SEC filing: $6.0M sold, first sale Dec 2016

## Founders and team

From Satsuma Pharmaceuticals's own website and the SEC filings it signed: 7 on the team.

- **Thomas B. King** President and Board Director
- **David Prichard** Chief Operating Officer
- **Rob Janosky** Chief Commercial Officer
- **Tom O'Neil** Chief Financial Officer
- **Koji Nakajima** Head of Corporate Strategy
- **John Kollins** Executive Officer, Director i
- **Tadayoshi Iwashima** Executive Officer i

On the board, as filed i *Heath Lukatch* *Michael Riebe* *Rajeev Shah*

## 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** 2017 **Round** 2021 [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Wellington Management](https://millionrounds.com/fund/wellington-management) [TPG](https://millionrounds.com/fund/tpg) [Vivo Capital](https://millionrounds.com/fund/vivo-capital)

## Everyone who backed them

[RA Capital Management](https://millionrounds.com/fund/ra-capital-management) Private equity **2** rounds

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

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

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

[Vivo Capital](https://millionrounds.com/fund/vivo-capital) Private equity **1** round

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

## Quick answers about Satsuma Pharmaceuticals

### Who invested in Satsuma Pharmaceuticals?

Satsuma Pharmaceuticals's investors include RA Capital Management, New Enterprise Associates, Wellington Management, TPG and Vivo Capital.

### How much has Satsuma Pharmaceuticals raised?

Satsuma Pharmaceuticals has raised $92M across 2 rounds since 2017.

### When did Satsuma Pharmaceuticals last raise?

Satsuma Pharmaceuticals's most recent round was an Undisclosed round of $80M in Mar 2021.

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

Its most recent round, $80M in Mar 2021, is also its largest on record.

### Who backed Satsuma Pharmaceuticals first?

Satsuma Pharmaceuticals's first round on record, in Jan 2017, was backed by RA Capital Management and TPG.

### What stage is Satsuma Pharmaceuticals at?

Satsuma Pharmaceuticals's latest named round is an Undisclosed round, in Mar 2021.

### Where is Satsuma Pharmaceuticals based?

Satsuma Pharmaceuticals is based in the United States.

## Companies like Satsuma 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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