United States · Venture startup

Who invested in Vapotherm

4 rounds we have observed, with the 10 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.

Funding summaryUpdated 26 Oct 2026

$88Mraised across 4 rounds since 2013, from 4 sources

$29MSeries A$24MSeries B$20MSeries C$15MVenture
Latest round
Venture, $15MDec 2015
Biggest round
$29MSeries A · Apr 2013
Investors
10
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.

20142015
$29MSeries A$24MSeries B$20MSeries C$15MVenture
First round
Series A, $29M
Apr 2013
Biggest round
$29M
Series A · Apr 2013
Usual gap between rounds
11 months
the median of 3

The rounds

  1. Dec 2015
    Venture$15M

    No investor was named in the report.

    From a historical funding recordSEC filing: $15M sold, first sale Oct 2015

  2. Jul 2015
    Series C$20M

    No investor was named in the report.

    From a historical funding recordSEC filing: $20M sold, first sale Mar 2015

  3. Apr 2014
  4. Apr 2013

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

Morgenthaler VenturesVC firm2rounds
QuestMark PartnersVC firm2rounds
Kaiser Permanente VenturesCorporate VC2rounds
Integral Capital PartnersGrowth equity2rounds
Adage Capital ManagementAsset manager1round
Gilde HealthcarePrivate equity1round
Cross CreekVC firm1round
Cross Creek CapitalVC firm1round
GE Asset ManagementVC firm1round

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

Quick answers about Vapotherm

Who invested in Vapotherm?

Vapotherm's investors include Morgenthaler Ventures, QuestMark Partners, Kaiser Permanente Ventures, Integral Capital Partners and 3x5 Special Opportunity Fund, and 5 more on record.

How much has Vapotherm raised?

Vapotherm has raised $88M across 4 rounds since 2013.

When did Vapotherm last raise?

Vapotherm's most recent round was a Venture of $15M in Dec 2015.

What was Vapotherm's biggest round?

Vapotherm's largest round on record is $29M (Series A), in Apr 2013.

Who backed Vapotherm first?

Vapotherm's first round on record, in Apr 2013, was backed by Morgenthaler Ventures, QuestMark Partners and Kaiser Permanente Ventures and 4 others.

What stage is Vapotherm at?

Vapotherm's latest named round is a Venture, in Dec 2015.

Where is Vapotherm based?

Vapotherm is based in the United States.

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