# TFF Pharmaceuticals funding: rounds and investors

> TFF Pharmaceuticals has raised $19M across 2 rounds since 2018. Investors include National Institute of Allergy and Infectious Diseases and LIQUID VENTURES.

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

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

# Who invested in *TFF Pharmaceuticals*

2 rounds we have observed, with the 2 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 Pharma

Funding summary Updated 26 Oct 2026

**$19M** raised across 2 rounds since 2018, from 2 sources

**$14M** Series A **$4.8M** Round

- **Latest round:** Round, $4.8M Apr 2024
- **Biggest round:** $14M Series A · Apr 2018
- **Investors:** 2

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.

2018 2019 2020 2021 2022 2023 2024

**$14M** Series A

**$4.8M** Round

- **First round:** Series A, $14M
- **Biggest round:** $14M
- **Between rounds:** 6 years

## The rounds

- **Apr 2024** Round **$4.8M** *1 new* [National Institute of Allergy and Infectious Diseases](https://millionrounds.com/fund/national-institute-of-allergy-and-infectious-diseases) Source recorded
- **Apr 2018** Series A **$14M** *1 new* [LIQUID VENTURES](https://millionrounds.com/fund/liquid-ventures) Reported by FinSMEs SEC filing: $14M sold, first sale Mar 2018

## Founders and team

From the SEC filings it signed: 3 on the team.

- **Brian S. Windsor** Executive Officer, Director i
- **Glenn S. Mattes** Executive Officer, Director i
- **Kirk S. Coleman** Executive Officer i

On the board, as filed i *Aaron S. Fletcher* *Harlan S. Weisman* *Malcolm S. Fairbairn* *Randy S. Thurman* *Robert S. Mills* *Stephen S. Rocamboli*

## 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 A** 2018 **Round** 2024 [National Institute of Allergy and Infectious Diseases](https://millionrounds.com/fund/national-institute-of-allergy-and-infectious-diseases) [LIQUID VENTURES](https://millionrounds.com/fund/liquid-ventures)

## Everyone who backed them

[National Institute of Allergy and Infectious Diseases](https://millionrounds.com/fund/national-institute-of-allergy-and-infectious-diseases) Investment firm **1** round

[LIQUID VENTURES](https://millionrounds.com/fund/liquid-ventures) Investment bank **1** round

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

## Quick answers about TFF Pharmaceuticals

### Who invested in TFF Pharmaceuticals?

TFF Pharmaceuticals's investors include National Institute of Allergy and Infectious Diseases and LIQUID VENTURES.

### How much has TFF Pharmaceuticals raised?

TFF Pharmaceuticals has raised $19M across 2 rounds since 2018.

### When did TFF Pharmaceuticals last raise?

TFF Pharmaceuticals's most recent round was an Undisclosed round of $4.8M in Apr 2024.

### What was TFF Pharmaceuticals's biggest round?

TFF Pharmaceuticals's largest round on record is $14M (Series A), in Apr 2018.

### Who backed TFF Pharmaceuticals first?

TFF Pharmaceuticals's first round on record, in Apr 2018, was backed by LIQUID VENTURES.

### What stage is TFF Pharmaceuticals at?

TFF Pharmaceuticals's latest named round is an Undisclosed round, in Apr 2024.

### Where is TFF Pharmaceuticals based?

TFF Pharmaceuticals is based in the United States.

## Companies like TFF Pharmaceuticals

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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