# Teal Health funding: rounds and investors

> Teal Health has raised $28M across 2 rounds since 2025. Investors include Forerunner Ventures, Emerson Collective and Felicis. Every round with its source.

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

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

# Who invested in *Teal Health*

2 rounds we have observed, with the 7 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.

Femtech Healthcare Medical Devices

Raised 3 months ago

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Funding summary Updated 7 Nov 2026

**$28M** raised across 2 rounds since 2025, from 2 sources

**$10M** Seed **$18M** Series A

- **Latest round:** Series A, $18M Aug 2026
- **Step-up i:** 1.8×
- **Investors:** 7 (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.

2025 2026

**$10M** Seed

**$18M** Series A

- **First round:** Seed, $10M
- **Biggest round:** $18M
- **Between rounds:** 18 months

## The rounds

- **Aug 2026** Series A **$18M** *3 new* *1 returning* [Felicis](https://millionrounds.com/fund/felicis-ventures) [Precursor Ventures](https://millionrounds.com/fund/precursor-ventures) [Forerunner Ventures](https://millionrounds.com/fund/forerunner-ventures) [Serena](https://millionrounds.com/fund/serena) Source recorded SEC filing: $21M sold
- **Jan 2025** Seed **$10M** *4 new* [Forerunner Ventures](https://millionrounds.com/fund/forerunner-ventures) Lead [Emerson Collective](https://millionrounds.com/fund/emerson-collective) Lead [Serena Ventures](https://millionrounds.com/fund/serena-ventures) [Chelsea Clinton](https://millionrounds.com/fund/chelsea-clinton) Reported by TechCrunch SEC filing: $23M sold, first sale Nov 2024

## Funding filed with regulators

Teal Health filed 2 raises, $45M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Aug 2026 **$21M** 40 investors of $23M offered SEC Form D
- Nov 2024 **$23M** 74 investors SEC Form D

## Founders and team

From Teal Health's own website: 1 founder, 5 on the team.

**Kara Egan** CEO & Co-Founder

- **Sarah Rose** Chief Operating Officer
- **Heidi Cajucom** VP, Product
- **Mallory Walsh** VP, Marketing & Communications
- **Trena Depel** VP of Clinical, Regulatory & Quality
- **Victor Su** Head of Engineering

## 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.

**Seed** 2025 **Series A** 2026 [Forerunner Ventures](https://millionrounds.com/fund/forerunner-ventures) L [Emerson Collective](https://millionrounds.com/fund/emerson-collective) L [Felicis](https://millionrounds.com/fund/felicis-ventures) [Precursor Ventures](https://millionrounds.com/fund/precursor-ventures) [Serena](https://millionrounds.com/fund/serena) [Serena Ventures](https://millionrounds.com/fund/serena-ventures) [Chelsea Clinton](https://millionrounds.com/fund/chelsea-clinton)

## Everyone who backed them

[Forerunner Ventures](https://millionrounds.com/fund/forerunner-ventures) VC firm **2** rounds, led 1

[Emerson Collective](https://millionrounds.com/fund/emerson-collective) Family office **1** round, led 1

[Felicis](https://millionrounds.com/fund/felicis-ventures) VC firm **1** round

[Precursor Ventures](https://millionrounds.com/fund/precursor-ventures) VC firm **1** round

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

[Serena Ventures](https://millionrounds.com/fund/serena-ventures) VC firm **1** round

[Chelsea Clinton](https://millionrounds.com/fund/chelsea-clinton) Angel **1** round

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

## Quick answers about Teal Health

### Who invested in Teal Health?

Teal Health's investors include Forerunner Ventures, Emerson Collective, Felicis, Precursor Ventures and Serena, and 2 more on record.

### How much has Teal Health raised?

Teal Health has raised $28M across 2 rounds since 2025.

### When did Teal Health last raise?

Teal Health's most recent round was a Series A of $18M in Aug 2026.

### What was Teal Health's biggest round?

Its most recent round, $18M in Aug 2026, is also its largest on record.

### Who backed Teal Health first?

Teal Health's first round on record, in Jan 2025, was backed by Forerunner Ventures, Emerson Collective and Serena Ventures and 1 others.

### What stage is Teal Health at?

Teal Health's latest named round is a Series A, in Aug 2026.

### Where is Teal Health based?

Teal Health is based in the United States.

### Who led Teal Health's rounds?

Forerunner Ventures led the Seed in 2025.

## Companies like Teal Health

In the same sector, and raised in the last eighteen months.

[**Endogenex** $270M · Nov 2026](https://millionrounds.com/company/endogenex)[**Luminoah** $31M · Nov 2026](https://millionrounds.com/company/luminoah)[**Siggy** $6.0M · Nov 2026](https://millionrounds.com/company/siggy)[**Avanlee Care** $8.5M · Nov 2026](https://millionrounds.com/company/avanlee-care)[**Augment Health** $370K · Nov 2026](https://millionrounds.com/company/augment-health)[**Ictero Medical** $2.8M · Nov 2026](https://millionrounds.com/company/ictero-medical)

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