# Somatus funding: rounds and investors

> Somatus has raised $336M across 2 rounds since 2018. Investors include RA Capital Management, Fidelity and Wellington Management. Every round with its source.

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

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

# Who invested in *Somatus*

2 rounds we have observed, with the 6 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

Valuation: $2.5B, Mar 2026

Funding summary Updated 26 Oct 2026

**$336M** raised across 2 rounds since 2018, from 2 sources

**$11M** Series B **$325M** Series E

- **Latest round:** Series E, $325M Feb 2022
- **Step-up i:** 29.5×
- **Investors:** 6

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.

2019 2020 2021 2022

**$11M** Series B

**$325M** Series E

- **First round:** Series B, $11M
- **Biggest round:** $325M
- **Between rounds:** 3.8 years

## The rounds

- **Feb 2022** Series E **$325M** *4 new* [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Fidelity](https://millionrounds.com/fund/fidelity) [Wellington Management](https://millionrounds.com/fund/wellington-management) [Flare Capital](https://millionrounds.com/fund/flare-capital-partners) Source recorded
- **Apr 2018** Series B **$11M** *2 new* [Inova Health System](https://millionrounds.com/fund/inova-health-system) Flare Capital Partners/ BlueCross BlueShield Reported by FinSMEs SEC filing: $11M sold, first sale Mar 2018

## Founders and team

From Somatus's own website and the SEC filings it signed: 5 on the team.

- **Larry Renfro** President & Interim CEO
- **Jason Cline** EVP Transformation & Acting CFO
- **Praveen Dandamudi** SVP, Provider Strategy & National Medical Director
- **Anthony Welters** Chairman of the Board
- **Ikenna Okezie** Executive Officer, Director i

On the board, as filed i *Dan Gebremedhin* *Eric Larsen* *Greg Grunberg* *Julian Harris* *Paul Weisbruch*

## 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** 2018 **Series E** 2022 [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Fidelity](https://millionrounds.com/fund/fidelity) [Wellington Management](https://millionrounds.com/fund/wellington-management) [Flare Capital](https://millionrounds.com/fund/flare-capital-partners) [Inova Health System](https://millionrounds.com/fund/inova-health-system) Flare Capital Partners/ BlueCross BlueShield

## Everyone who backed them

[RA Capital Management](https://millionrounds.com/fund/ra-capital-management) Private equity **1** round

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

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

[Flare Capital](https://millionrounds.com/fund/flare-capital-partners) VC firm **1** round

[Inova Health System](https://millionrounds.com/fund/inova-health-system) Corporate VC **1** round

Flare Capital Partners/ BlueCross BlueShield 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=somatus).

## Also claim to have backed them

This firm lists Somatus 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.

[Longitude Capital](https://millionrounds.com/fund/longitude-capital) VC firm Per its own site

## Quick answers about Somatus

### Who invested in Somatus?

Somatus's investors include RA Capital Management, Fidelity, Wellington Management, Flare Capital and Inova Health System, and 1 more on record.

### How much has Somatus raised?

Somatus has raised $336M across 2 rounds since 2018.

### When did Somatus last raise?

Somatus's most recent round was a Series E of $325M in Feb 2022.

### What was Somatus's biggest round?

Its most recent round, $325M in Feb 2022, is also its largest on record.

### Who backed Somatus first?

Somatus's first round on record, in Apr 2018, was backed by Inova Health System and Flare Capital Partners/ BlueCross BlueShield.

### What stage is Somatus at?

Somatus's latest named round is a Series E, in Feb 2022.

### Where is Somatus based?

Somatus is based in the United States.

## Companies like Somatus

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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