United States · Venture startup

Who invested in TriNetX

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.

Big Data & AnalyticsBiotechHealthcare

Raised 7 months ago

Funding summaryUpdated 26 Oct 2026

$240Mraised across 2 rounds since 2019, from 2 sources

$40MSeries D$200MVenture
Latest round
Venture, $200MApr 2026
Step-upi
5×
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.

20192020202120222023202420252026
$40MSeries D$200MVenture
First round
Series D, $40M
Mar 2019
Biggest round
$200M
Venture · Apr 2026
Between rounds
7.1 years
from the last two

The rounds

  1. Apr 2026
    Venture$200M2 returning

    Source recorded

  2. Mar 2019

Founders and team

From TriNetX's own website: 7 on the team.

  • August CalhounChief Executive Officer
  • Jennifer EaganVice President of People
  • Elizabeth SchwertChief Strategy Officer
  • Jeffrey BrownChief Scientific Officer
  • Linda FentonInterim Chief Financial Officer
  • Steve KundrotChief Operating Officer
  • Andrew KopelmanGeneral Counsel

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

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

Quick answers about TriNetX

Who invested in TriNetX?

TriNetX's investors include Deerfield, ITOCHU Technology Ventures and Merck Global Health Innovation Fund.

How much has TriNetX raised?

TriNetX has raised $240M across 2 rounds since 2019.

When did TriNetX last raise?

TriNetX's most recent round was a Venture of $200M in Apr 2026.

What was TriNetX's biggest round?

Its most recent round, $200M in Apr 2026, is also its largest on record.

Who backed TriNetX first?

TriNetX's first round on record, in Mar 2019, was backed by Deerfield, ITOCHU Technology Ventures and Merck Global Health Innovation Fund.

What stage is TriNetX at?

TriNetX's latest named round is a Venture, in Apr 2026.

Where is TriNetX based?

TriNetX is based in the United States.

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