# Variant Pharmaceuticals funding: rounds and investors

> Variant Pharmaceuticals has raised $13M across 2 rounds since 2015. Investors include Incon. Every round with its source.

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

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

# Who invested in *Variant Pharmaceuticals*

2 rounds we have observed, with the one investor 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

**$13M** raised across 2 rounds since 2015, from 2 sources

**$3.0M** Venture **$10M** Round

- **Latest round:** Round, $10M Dec 2018
- **Step-up i:** 3.4×
- **Investors:** 1

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

**$3.0M** Venture

**$10M** Round

- **First round:** Venture, $3.0M
- **Biggest round:** $10M
- **Between rounds:** 3.8 years

## The rounds

- **Dec 2018** Round **$10M** *1 new* Incon Reported by FinSMEs
- **Feb 2015** Venture **$3.0M** No investor was named in the report. From a historical funding record SEC filing: $3.0M sold, first sale Jul 2014

## Founders and team

From Variant Pharmaceuticals's own website and the SEC filings it signed: 1 founder, 2 on the team.

**Stephen C. Glover** Co-founder, Chairman, CEO, and President *Named on its 2018 Form D*

- **Karen Cashmere** Chief Commercial Officer
- **Peter Wolfe** Chief Financial Officer

On the board, as filed i *Aaron C Greenblatt* *Jules C Musing*

## Everyone who backed them

Incon no record of our own yet **1** round

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

## Quick answers about Variant Pharmaceuticals

### Who invested in Variant Pharmaceuticals?

Variant Pharmaceuticals's investors include Incon.

### How much has Variant Pharmaceuticals raised?

Variant Pharmaceuticals has raised $13M across 2 rounds since 2015.

### When did Variant Pharmaceuticals last raise?

Variant Pharmaceuticals's most recent round was an Undisclosed round of $10M in Dec 2018.

### What was Variant Pharmaceuticals's biggest round?

Its most recent round, $10M in Dec 2018, is also its largest on record.

### Who backed Variant Pharmaceuticals first?

Variant Pharmaceuticals's first round on record, in Dec 2018, was backed by Incon.

### What stage is Variant Pharmaceuticals at?

Variant Pharmaceuticals's latest named round is an Undisclosed round, in Dec 2018.

### Where is Variant Pharmaceuticals based?

Variant Pharmaceuticals is based in the United States.

## Companies like Variant Pharmaceuticals

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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