# Subtle Medical funding: rounds and investors > Subtle Medical has raised $33M across 2 rounds since 2025. Investors include Bessemer Venture Partners, DCVC and BlueRun Ventures. Every round with its source. Source: https://millionrounds.com/company/subtle-medical (Millionrounds; every figure on the page links to its filing or article) United States · [Growth startup](https://millionrounds.com/companies) # Who invested in *Subtle Medical* 2 rounds we have observed, with the 11 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. AI Healthcare Medical Devices Raised 5 months ago Follow Subtle Medical and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fsubtle-medical) Funding summary Updated 5 Nov 2026 **$33M** raised across 2 rounds since 2025, from 3 sources - **Latest round:** Growth, $33M Jun 2026 - **Led by:** Morgan Stanley Investment Management - **Investors:** 11 (1 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. 2026 **?** Venture **$33M** Growth - **First round:** Venture - **Biggest round:** $33M - **Between rounds:** 11 months ## The rounds - **Jun 2026** Growth **$33M** *6 new* *3 returning* [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) Lead [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [DCVC](https://millionrounds.com/fund/data-collective) [BlueRun Ventures](https://millionrounds.com/fund/bluerun-ventures) [Shinhan Venture Investment](https://millionrounds.com/fund/shinhan-venture-investment) [Samsung Ventures](https://millionrounds.com/fund/samsung-ventures) [BRV](https://millionrounds.com/fund/brv) [Fusion Fund](https://millionrounds.com/fund/fusion-fund) [EnvisionX](https://millionrounds.com/fund/envisionx) Reported by Ventureburn and 1 other - **Jul 2025** Venture **Amount undisclosed** *5 new* [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [DCVC](https://millionrounds.com/fund/data-collective) [BlueRun Ventures](https://millionrounds.com/fund/bluerun-ventures) [Fusion Fund](https://millionrounds.com/fund/fusion-fund-2) [Nina Capital](https://millionrounds.com/fund/nina-capital) Source recorded ## Founders and team From Subtle Medical's own website: 6 on the team. - **Ohad Arazi** Chief Executive Officer - **Josh Gurewitz** Chief Commercial Officer - **Anna Menyhart-Borroni** Head of Global Marketing - **Brad Beeney** Head of North America Sales - **Indra Lalari** VP, Product Management - **Rudy Grant** VP, Operations ## 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** 2025 **Growth** 2026 [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [DCVC](https://millionrounds.com/fund/data-collective) [BlueRun Ventures](https://millionrounds.com/fund/bluerun-ventures) [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) L [Fusion Fund](https://millionrounds.com/fund/fusion-fund-2) [Shinhan Venture Investment](https://millionrounds.com/fund/shinhan-venture-investment) [Samsung Ventures](https://millionrounds.com/fund/samsung-ventures) [Nina Capital](https://millionrounds.com/fund/nina-capital) [BRV](https://millionrounds.com/fund/brv) [Fusion Fund](https://millionrounds.com/fund/fusion-fund) ## Everyone who backed them [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) VC firm **2** rounds [DCVC](https://millionrounds.com/fund/data-collective) VC firm **2** rounds [BlueRun Ventures](https://millionrounds.com/fund/bluerun-ventures) VC firm **2** rounds [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) Private equity **1** round, led 1 [Fusion Fund](https://millionrounds.com/fund/fusion-fund-2) VC firm **1** round [Shinhan Venture Investment](https://millionrounds.com/fund/shinhan-venture-investment) VC firm **1** round [Samsung Ventures](https://millionrounds.com/fund/samsung-ventures) Corporate VC **1** round [Nina Capital](https://millionrounds.com/fund/nina-capital) VC firm **1** round [BRV](https://millionrounds.com/fund/brv) Investment firm **1** round [Fusion Fund](https://millionrounds.com/fund/fusion-fund) VC firm **1** round [EnvisionX](https://millionrounds.com/fund/envisionx) Private equity **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=subtle-medical). ## Also claim to have backed them These 7 firms list Subtle Medical 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. [Foothill Ventures](https://millionrounds.com/fund/foothill-ventures) VC firm Per its own site [Breyer Capital](https://millionrounds.com/fund/breyer-capital) Private equity Per its own site [Atinum Investment](https://millionrounds.com/fund/atinum-investment) VC firm Per its own site [Ignite Innovation](https://millionrounds.com/fund/ignite-innovation) VC firm Series B, per its site [FreeRun Ventures](https://millionrounds.com/fund/freerun-ventures) Corporate VC Per its own site [Plaisance Capital Management LLC](https://millionrounds.com/fund/plaisance-capital-management-llc) VC firm Per its own site [SAV (Scale Asia Ventures)](https://millionrounds.com/fund/sav-scale-asia-ventures) VC firm Per its own site ## Quick answers about Subtle Medical ### Who invested in Subtle Medical? Subtle Medical's investors include Bessemer Venture Partners, DCVC, BlueRun Ventures, Morgan Stanley Investment Management and Fusion Fund, and 6 more on record. Morgan Stanley Investment Management led its latest round. ### How much has Subtle Medical raised? Subtle Medical has raised $33M across 2 rounds since 2025. One round did not disclose an amount, so the total is a floor. ### When did Subtle Medical last raise? Subtle Medical's most recent round was a Growth of $33M in Jun 2026, led by Morgan Stanley Investment Management. ### What was Subtle Medical's biggest round? Its most recent round, $33M in Jun 2026, is also its largest on record. ### Who backed Subtle Medical first? Subtle Medical's first round on record, in Jul 2025, was backed by Bessemer Venture Partners, DCVC and BlueRun Ventures and 2 others. ### What stage is Subtle Medical at? Subtle Medical's latest named round is a Growth, in Jun 2026. ### Where is Subtle Medical based? Subtle Medical is based in the United States. ### Who led Subtle Medical's rounds? Morgan Stanley Investment Management led the Growth in 2026. ## Companies like Subtle Medical In the same sector, and raised in the last eighteen months. [**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute) ## 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