United States · Funded startup

Who invested in Thetis Pharmaceuticals

3 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.

Biotech

Funding summaryUpdated 26 Oct 2026

$16Mraised across 3 rounds since 2011, from 3 sources

$1.7MSeed$5.7MVenture$9.0MDebt
Latest round
Debt, $9.0MJan 2025
Step-upi
1.6×
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.

20112013201520172019202120232025
$1.7MSeed$5.7MVenture$9.0MDebt
First round
Seed, $1.7M
Aug 2011
Biggest round
$9.0M
Debt · Jan 2025
Usual gap between rounds
12 years
the median of 2

The rounds

  1. Jan 2025
    Debt$9.0M1 new1 returning

    Source recorded

  2. Dec 2012
    Venture$5.7M

    No investor was named in the report.

    Reported by sec.govSEC filing: $5.7M sold, first sale Dec 2012

  3. Aug 2011
    Seed$1.7M2 new

    Reported by masshightech.comSEC filing: $1.5M sold, first sale Aug 2011

Founders and team

From the SEC filings it signed: 5 on the team.

  • Cynthia F. GreenManageri
  • Dennis F. WillsonManageri
  • Frank C. SciavolinoManageri
  • Gary MathiasManageri
  • Walter OgierManageri

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.

Everyone who backed them

Connecticut InnovationsGovernment2rounds
Stonehenge CapitalInvestment firm1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Thetis Pharmaceuticals

Who invested in Thetis Pharmaceuticals?

Thetis Pharmaceuticals's investors include Connecticut Innovations, National Institutes of Health and Stonehenge Capital.

How much has Thetis Pharmaceuticals raised?

Thetis Pharmaceuticals has raised $16M across 3 rounds since 2011.

When did Thetis Pharmaceuticals last raise?

Thetis Pharmaceuticals's most recent round was a Debt of $9.0M in Jan 2025.

What was Thetis Pharmaceuticals's biggest round?

Its most recent round, $9.0M in Jan 2025, is also its largest on record.

Who backed Thetis Pharmaceuticals first?

Thetis Pharmaceuticals's first round on record, in Aug 2011, was backed by Connecticut Innovations and Stonehenge Capital.

What stage is Thetis Pharmaceuticals at?

Thetis Pharmaceuticals's latest named round is a Debt, in Jan 2025.

Where is Thetis Pharmaceuticals based?

Thetis Pharmaceuticals is based in the United States.

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