# True North Therapeutics funding: rounds and investors

> True North Therapeutics has raised $142M across 5 rounds since 2014. Investors include OrbiMed, Kleiner Perkins Caufield & Byers and Perceptive Advisors.

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

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

# Who invested in *True North Therapeutics*

5 rounds we have observed, with the 12 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

Funding summary Updated 26 Oct 2026

**$142M** raised across 5 rounds since 2014, from 5 sources

**$22M** Series A **$35M** Series B **$40M** Series C **$45M** Series D

- **Latest round:** Venture Jan 2018
- **Biggest round:** $45M Series D · Oct 2016
- **Investors:** 12

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.

2015 2016 2017 2018

**$22M** Series A

**$35M** Series B

**$40M** Series C

**$45M** Series D

**?** Venture

- **First round:** Series A, $22M
- **Biggest round:** $45M
- **Usual gap between rounds:** 11 months

## The rounds

- **Jan 2018** Venture **Amount undisclosed** *2 new* *3 returning* [OrbiMed](https://millionrounds.com/fund/orbimed) [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [Redmile Group](https://millionrounds.com/fund/redmile-group) Source recorded
- **Oct 2016** Series D **$45M** *3 new* [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) [Redmile Group](https://millionrounds.com/fund/redmile-group) [HBM Healthcare](https://millionrounds.com/fund/hbm-healthcare) Reported by FinSMEs
- **Dec 2015** Series C **$40M** *2 new* *4 returning* [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [OrbiMed](https://millionrounds.com/fund/orbimed) [MPM Capital](https://millionrounds.com/fund/mpm-bioimpact) [SR One](https://millionrounds.com/fund/sr-one) [New Leaf Venture Partners](https://millionrounds.com/fund/new-leaf-venture-partners) [Baxalta](https://millionrounds.com/fund/baxalta-ventures) From a historical funding record
- **Apr 2015** Series B **$35M** *5 new* [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [OrbiMed](https://millionrounds.com/fund/orbimed) [MPM Capital](https://millionrounds.com/fund/mpm-bioimpact) [SR One](https://millionrounds.com/fund/sr-one) [Baxter Ventures](https://millionrounds.com/fund/baxter-ventures) From a historical funding record
- **Jun 2014** Series A **$22M** No investor was named in the report. From a historical funding record

## 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** 2014 **Series B** 2015 **Series C** 2015 **Series D** 2016 **Venture** 2018 [OrbiMed](https://millionrounds.com/fund/orbimed) [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) [MPM Capital](https://millionrounds.com/fund/mpm-bioimpact) [SR One](https://millionrounds.com/fund/sr-one) [Redmile Group](https://millionrounds.com/fund/redmile-group) [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [New Leaf Venture Partners](https://millionrounds.com/fund/new-leaf-venture-partners) [Baxter Ventures](https://millionrounds.com/fund/baxter-ventures)

## Everyone who backed them

[OrbiMed](https://millionrounds.com/fund/orbimed) Private equity **3** rounds

[Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) VC firm **2** rounds

[Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) Asset manager **2** rounds

[MPM Capital](https://millionrounds.com/fund/mpm-bioimpact) Private equity **2** rounds

[SR One](https://millionrounds.com/fund/sr-one) Corporate VC **2** rounds

[Redmile Group](https://millionrounds.com/fund/redmile-group) VC firm **2** rounds

[Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) VC firm **1** round

[Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) Private equity **1** round

[New Leaf Venture Partners](https://millionrounds.com/fund/new-leaf-venture-partners) VC firm **1** round

[Baxter Ventures](https://millionrounds.com/fund/baxter-ventures) Corporate VC **1** round

[HBM Healthcare](https://millionrounds.com/fund/hbm-healthcare) Growth equity **1** round

[Baxalta](https://millionrounds.com/fund/baxalta-ventures) Corporate VC **1** round

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

## Quick answers about True North Therapeutics

### Who invested in True North Therapeutics?

True North Therapeutics's investors include OrbiMed, Kleiner Perkins Caufield & Byers, Perceptive Advisors, MPM Capital and SR One, and 7 more on record.

### How much has True North Therapeutics raised?

True North Therapeutics has raised $142M across 5 rounds since 2014. One round did not disclose an amount, so the total is a floor.

### When did True North Therapeutics last raise?

True North Therapeutics's most recent round was a Venture in Jan 2018.

### What was True North Therapeutics's biggest round?

True North Therapeutics's largest round on record is $45M (Series D), in Oct 2016.

### Who backed True North Therapeutics first?

True North Therapeutics's first round on record, in Apr 2015, was backed by Kleiner Perkins Caufield & Byers, OrbiMed and MPM Capital and 2 others.

### What stage is True North Therapeutics at?

True North Therapeutics's latest named round is a Venture, in Jan 2018.

### Where is True North Therapeutics based?

True North Therapeutics is based in the United States.

## Companies like True North Therapeutics

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)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app
