# The Patient Company funding: rounds and investors

> The Patient Company has raised $4.3M across 2 rounds since 2021. Investors include Mayo Clinic, Michigan Rise and Red Cedar Ventures.

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

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

# Who invested in *The Patient Company*

2 rounds we have observed, with the 3 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.

Healthcare Medical Devices

Funding summary Updated 26 Oct 2026

**$4.3M** raised across 2 rounds since 2021, from 2 sources

**$1.0M** Seed **$3.3M** Series A

- **Latest round:** Series A, $3.3M Aug 2023
- **Step-up i:** 3.3×
- **Investors:** 3

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.

2021 2022 2023

**$1.0M** Seed

**$3.3M** Series A

- **First round:** Seed, $1.0M
- **Biggest round:** $3.3M
- **Between rounds:** 2.4 years

## The rounds

- **Aug 2023** Series A **$3.3M** *3 new* [Mayo Clinic](https://millionrounds.com/fund/mayo-clinic) [Michigan Rise](https://millionrounds.com/fund/michigan-rise) [Red Cedar Ventures](https://millionrounds.com/fund/red-cedar-ventures) Source recorded
- **Mar 2021** Seed **$1.0M** No investor was named in the report. Reported by Corewell Health Ventures

## Founders and team

From The Patient Company's own website: 3 on the team.

- **Andrew Heuerman** Partner and CEO
- **Andy Teague** Chief Commercial Officer
- **Travis Smith** Director of Customer Success

## 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** 2021 **Series A** 2023 [Mayo Clinic](https://millionrounds.com/fund/mayo-clinic) [Michigan Rise](https://millionrounds.com/fund/michigan-rise) [Red Cedar Ventures](https://millionrounds.com/fund/red-cedar-ventures)

## Everyone who backed them

[Mayo Clinic](https://millionrounds.com/fund/mayo-clinic) Investment firm **1** round

[Michigan Rise](https://millionrounds.com/fund/michigan-rise) VC firm **1** round

[Red Cedar Ventures](https://millionrounds.com/fund/red-cedar-ventures) VC firm **1** round

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

## Quick answers about The Patient Company

### Who invested in The Patient Company?

The Patient Company's investors include Mayo Clinic, Michigan Rise and Red Cedar Ventures.

### How much has The Patient Company raised?

The Patient Company has raised $4.3M across 2 rounds since 2021.

### When did The Patient Company last raise?

The Patient Company's most recent round was a Series A of $3.3M in Aug 2023.

### What was The Patient Company's biggest round?

Its most recent round, $3.3M in Aug 2023, is also its largest on record.

### Who backed The Patient Company first?

The Patient Company's first round on record, in Aug 2023, was backed by Mayo Clinic, Michigan Rise and Red Cedar Ventures.

### What stage is The Patient Company at?

The Patient Company's latest named round is a Series A, in Aug 2023.

### Where is The Patient Company based?

The Patient Company is based in the United States.

## Companies like The Patient Company

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)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**Rejuvenate Bio** $13M · Oct 2026](https://millionrounds.com/company/rejuvenate-bio)[**Clinical Ink** $24M · Oct 2026](https://millionrounds.com/company/clinical-ink)

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