# Turnstone Biologics funding: rounds and investors

> Turnstone Biologics has raised $133M across 3 rounds since 2015. Investors include OrbiMed and Versant Ventures. Every round with its source.

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

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

# Who invested in *Turnstone Biologics*

3 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

Funding summary Updated 26 Oct 2026

**$133M** raised across 3 rounds since 2015, from 3 sources

**$11M** Series A **$41M** Series B **$80M** Series D

- **Latest round:** Series D, $80M Jul 2021
- **Step-up i:** 1.9×
- **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.

2016 2017 2018 2019 2020 2021

**$11M** Series A

**$41M** Series B

**$80M** Series D

- **First round:** Series A, $11M
- **Biggest round:** $80M
- **Usual gap between rounds:** 4.7 years

## The rounds

- **Jul 2021** Series D **$80M** *2 returning* [OrbiMed](https://millionrounds.com/fund/orbimed) [Versant Ventures](https://millionrounds.com/fund/versant-ventures) Source recorded SEC filing: $80M sold, first sale Jun 2021
- **Nov 2016** Series B **$41M** *1 new* [OrbiMed](https://millionrounds.com/fund/orbimed) Reported by FinSMEs
- **Oct 2015** Series A **$11M** *1 new* [Versant Ventures](https://millionrounds.com/fund/versant-ventures) 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** 2015 **Series B** 2016 **Series D** 2021 [OrbiMed](https://millionrounds.com/fund/orbimed) [Versant Ventures](https://millionrounds.com/fund/versant-ventures)

## Everyone who backed them

[OrbiMed](https://millionrounds.com/fund/orbimed) Private equity **2** rounds

[Versant Ventures](https://millionrounds.com/fund/versant-ventures) VC firm **2** rounds

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

## Also claim to have backed them

This firm lists Turnstone Biologics as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Brace Pharma](https://millionrounds.com/fund/brace-pharma-capital) VC firm Per its own site

## Quick answers about Turnstone Biologics

### Who invested in Turnstone Biologics?

Turnstone Biologics's investors include OrbiMed and Versant Ventures.

### How much has Turnstone Biologics raised?

Turnstone Biologics has raised $133M across 3 rounds since 2015.

### When did Turnstone Biologics last raise?

Turnstone Biologics's most recent round was a Series D of $80M in Jul 2021.

### What was Turnstone Biologics's biggest round?

Its most recent round, $80M in Jul 2021, is also its largest on record.

### Who backed Turnstone Biologics first?

Turnstone Biologics's first round on record, in Oct 2015, was backed by Versant Ventures.

### What stage is Turnstone Biologics at?

Turnstone Biologics's latest named round is a Series D, in Jul 2021.

### Where is Turnstone Biologics based?

Turnstone Biologics is based in the United States.

## Companies like Turnstone Biologics

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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