# Scout Bio funding: rounds and investors > Scout Bio has raised $53M across 2 rounds since 2019. Investors include Digitalis Ventures, Correlation Ventures and RiverVest. Every round with its source. Source: https://millionrounds.com/company/scout-bio (Millionrounds; every figure on the page links to its filing or article) United States · [Series B startup](https://millionrounds.com/companies) # Who invested in *Scout Bio* 2 rounds we have observed, with the 8 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 **$53M** raised across 2 rounds since 2019, from 2 sources **$20M** Series B **$33M** Series B - **Latest round:** Series B, $33M Oct 2021 - **Step-up i:** 1.6× - **Investors:** 8 (2 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 **$20M** Series B **$33M** Series B - **First round:** Series B, $20M - **Biggest round:** $33M - **Between rounds:** 2.5 years ## The rounds - **Oct 2021** Series B **$33M** *2 new* *2 returning* [OrbiMed](https://millionrounds.com/fund/orbimed) [Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) [Adage Capital Management](https://millionrounds.com/fund/adage-capital-management) [Digitalis Ventures](https://millionrounds.com/fund/digitalis-ventures) Source recorded SEC filing: $4.8M sold, first sale Oct 2021 - **Apr 2019** Series B **$20M** *6 new* [Digitalis Ventures](https://millionrounds.com/fund/digitalis-ventures) Lead [RiverVest](https://millionrounds.com/fund/rivervest-venture-partners) Lead [Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) [Frazier Healthcare Partners](https://millionrounds.com/fund/frazier-healthcare-partners) Adage GreenSpring Reported by FinSMEs SEC filing: $20M sold, first sale Mar 2019 ## Founders and team From the SEC filings it signed: 2 on the team. - **Damian Lismore** Executive Officer i - **Mark Hefferman** Executive Officer, Director i On the board, as filed i *Aditya Kohli* *Cindy Cole* *Nancy Hong* *Patrick Heron* ## 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 B** 2019 **Series B** 2021 [Digitalis Ventures](https://millionrounds.com/fund/digitalis-ventures) L [Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) [RiverVest](https://millionrounds.com/fund/rivervest-venture-partners) L [OrbiMed](https://millionrounds.com/fund/orbimed) [Frazier Healthcare Partners](https://millionrounds.com/fund/frazier-healthcare-partners) [Adage Capital Management](https://millionrounds.com/fund/adage-capital-management) Adage GreenSpring ## Everyone who backed them [Digitalis Ventures](https://millionrounds.com/fund/digitalis-ventures) VC firm **2** rounds, led 1 [Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) VC firm **2** rounds [RiverVest](https://millionrounds.com/fund/rivervest-venture-partners) VC firm **1** round, led 1 [OrbiMed](https://millionrounds.com/fund/orbimed) Private equity **1** round [Frazier Healthcare Partners](https://millionrounds.com/fund/frazier-healthcare-partners) Private equity **1** round [Adage Capital Management](https://millionrounds.com/fund/adage-capital-management) Asset manager **1** round Adage no record of our own yet **1** round GreenSpring no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=scout-bio). ## Also claim to have backed them This firm lists Scout Bio 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. [Frazier Life Sciences](https://millionrounds.com/fund/frazier-life-sciences) VC firm Per its own site ## Quick answers about Scout Bio ### Who invested in Scout Bio? Scout Bio's investors include Digitalis Ventures, Correlation Ventures, RiverVest, OrbiMed and Frazier Healthcare Partners, and 3 more on record. ### How much has Scout Bio raised? Scout Bio has raised $53M across 2 rounds since 2019. ### When did Scout Bio last raise? Scout Bio's most recent round was a Series B of $33M in Oct 2021. ### What was Scout Bio's biggest round? Its most recent round, $33M in Oct 2021, is also its largest on record. ### Who backed Scout Bio first? Scout Bio's first round on record, in Apr 2019, was backed by Digitalis Ventures, RiverVest and Correlation Ventures and 3 others. ### What stage is Scout Bio at? Scout Bio's latest named round is a Series B, in Oct 2021. ### Where is Scout Bio based? Scout Bio is based in the United States. ### Who led Scout Bio's rounds? Digitalis Ventures led the Series B in 2019. ## Companies like Scout Bio 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) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app