# Spruce Biosciences funding: rounds and investors > Spruce Biosciences has raised $60M across 2 rounds since 2026. Investors include Novo Holdings, Omega Funds and Sands Capital Ventures. Source: https://millionrounds.com/company/spruce-biosciences (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *Spruce Biosciences* 2 rounds we have observed, with the 4 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. Pharma Raised 7 months ago Funding summary Updated 26 Oct 2026 **$60M** raised across 2 rounds since 2026, from 2 sources - **Latest round:** Round, $60M Apr 2026 - **Investors:** 4 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. 2026 2027 **?** Venture **$60M** Round - **First round:** Venture - **Biggest round:** $60M - **Between rounds:** 3 months ## The rounds - **Apr 2026** Round **$60M** *3 returning* [Novo Holdings](https://millionrounds.com/fund/novo-ventures) [Omega Funds](https://millionrounds.com/fund/omega-funds) [Sands Capital Ventures](https://millionrounds.com/fund/sands-capital-ventures) Source recorded - **Jan 2026** Venture **Amount undisclosed** *4 new* [Novo Holdings](https://millionrounds.com/fund/novo-ventures) [5AM Ventures](https://millionrounds.com/fund/5am-ventures) [Omega Funds](https://millionrounds.com/fund/omega-funds) [Sands Capital Ventures](https://millionrounds.com/fund/sands-capital-ventures) Source recorded SEC filing: $50M sold, first sale Oct 2025 ## Founders and team From Spruce Biosciences's own website: 2 on the team. - **Close Modal** Chief Executive Officer - **Michael Grey** Executive Chairman ## 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** 2026 **Round** 2026 [Novo Holdings](https://millionrounds.com/fund/novo-ventures) [Omega Funds](https://millionrounds.com/fund/omega-funds) [Sands Capital Ventures](https://millionrounds.com/fund/sands-capital-ventures) [5AM Ventures](https://millionrounds.com/fund/5am-ventures) ## Everyone who backed them [Novo Holdings](https://millionrounds.com/fund/novo-ventures) VC firm **2** rounds [Omega Funds](https://millionrounds.com/fund/omega-funds) VC firm **2** rounds [Sands Capital Ventures](https://millionrounds.com/fund/sands-capital-ventures) Private equity **2** rounds [5AM Ventures](https://millionrounds.com/fund/5am-ventures) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=spruce-biosciences). ## Also claim to have backed them These 2 firms list Spruce Biosciences as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Aisling Capital](https://millionrounds.com/fund/aisling-capital) Private equity Per its own site [HealthCap](https://millionrounds.com/fund/healthcap) VC firm Per its own site ## Quick answers about Spruce Biosciences ### Who invested in Spruce Biosciences? Spruce Biosciences's investors include Novo Holdings, Omega Funds, Sands Capital Ventures and 5AM Ventures. ### How much has Spruce Biosciences raised? Spruce Biosciences has raised $60M across 2 rounds since 2026. One round did not disclose an amount, so the total is a floor. ### When did Spruce Biosciences last raise? Spruce Biosciences's most recent round was an Undisclosed round of $60M in Apr 2026. ### What was Spruce Biosciences's biggest round? Its most recent round, $60M in Apr 2026, is also its largest on record. ### Who backed Spruce Biosciences first? Spruce Biosciences's first round on record, in Jan 2026, was backed by Novo Holdings, 5AM Ventures and Omega Funds and 1 others. ### What stage is Spruce Biosciences at? Spruce Biosciences's latest named round is an Undisclosed round, in Apr 2026. ### Where is Spruce Biosciences based? Spruce Biosciences is based in the United States. ## Companies like Spruce Biosciences In the same sector, and raised in the last eighteen months. [**Matchpoint Therapeutics** $220M · Oct 2026](https://millionrounds.com/company/matchpoint-therapeutics)[**Rx Bandz** Oct 2026](https://millionrounds.com/company/rx-bandz)[**Hera Biotech** $1.8M · Sept 2026](https://millionrounds.com/company/hera-biotech)[**GevRx Nutraceuticals** $300K · Sept 2026](https://millionrounds.com/company/gevrx-nutraceuticals)[**RegCell** $81M · Sept 2026](https://millionrounds.com/company/regcell)[**ClearSight Therapeutics** $307K · Sept 2026](https://millionrounds.com/company/clearsight-therapeutics) ## 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