# Xealth funding: rounds and investors > Xealth has raised $23M across 4 rounds since 2017. Investors include Novartis, Threshold and UPMC. Every round with its source. Source: https://millionrounds.com/company/xealth (Millionrounds; every figure on the page links to its filing or article) United States · [Venture startup](https://millionrounds.com/companies) # Who invested in *Xealth* 4 rounds we have observed, with the 16 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 & Analytics Biotech Healthcare Funding summary Updated 26 Oct 2026 **$23M** raised across 4 rounds since 2017, from 4 sources **$8.5M** Round **$11M** Series A **$3.0M** Series A - **Latest round:** Venture Mar 2025 - **Biggest round:** $11M Series A · Mar 2019 - **Investors:** 16 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. 2017 2019 2021 2023 2025 **$8.5M** Round **$11M** Series A **$3.0M** Series A **?** Venture - **First round:** Round, $8.5M - **Biggest round:** $11M - **Usual gap between rounds:** 21 months ## The rounds - **Mar 2025** Venture **Amount undisclosed** *1 new* *2 returning* [Novartis](https://millionrounds.com/fund/novartis) [Threshold](https://millionrounds.com/fund/threshold) [LRVHealth](https://millionrounds.com/fund/lrvhealth) Source recorded - **Jun 2019** Series A **$3.0M** *10 new* *2 returning* [Novartis](https://millionrounds.com/fund/novartis) [Threshold](https://millionrounds.com/fund/threshold) [McKesson Ventures](https://millionrounds.com/fund/mckesson-ventures) [MemorialCare Innovation Fund](https://millionrounds.com/fund/memorialcare-innovation-fund) [Cleveland Clinic](https://millionrounds.com/fund/cleveland-clinic) [Philips](https://millionrounds.com/fund/philips) [UPMC](https://millionrounds.com/fund/upmc) [Providence Ventures](https://millionrounds.com/fund/providence-ventures) [Atrium Health](https://millionrounds.com/fund/atrium-health) [Froedtert](https://millionrounds.com/fund/froedtert) [ResMed](https://millionrounds.com/fund/resmed) Medical College of Wisconsin Reported by FinSMEs SEC filing: $3.0M sold, first sale Jun 2019 - **Mar 2019** Series A **$11M** *1 new* Froedtert & MCW Reported by Biztimes SEC filing: $11M sold, first sale Mar 2019 - **Jun 2017** Round **$8.5M** *4 new* [UPMC](https://millionrounds.com/fund/upmc) [Froedtert](https://millionrounds.com/fund/froedtert) DFJ/ Providence Hennepin Reported by FinSMEs SEC filing: $8.6M sold, first sale Jun 2017 ## Founders and team From Xealth's own website and the SEC filings it signed: 7 on the team. - **Mike McSherry** CEO & Board Member - **Cynthia Church** Chief Strategy Officer - **Eric Fu** Chief Technical Officer - **Leslie Wyles** Chief Financial Officer - **Richard Wang** Chief Product Officer - **Aaron Sheedy** COO & Board Member - **Michael McSherry** Executive Officer, Director, Promoter i On the board, as filed i *Daniel Galles* *Rasu Shrestha* *Tal Heppenstall* *William Bryant* ## 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. **Round** 2017 **Series A** 2019 **Series A** 2019 **Venture** 2025 [Novartis](https://millionrounds.com/fund/novartis) [Threshold](https://millionrounds.com/fund/threshold) [UPMC](https://millionrounds.com/fund/upmc) [Froedtert](https://millionrounds.com/fund/froedtert) [LRVHealth](https://millionrounds.com/fund/lrvhealth) [McKesson Ventures](https://millionrounds.com/fund/mckesson-ventures) [MemorialCare Innovation Fund](https://millionrounds.com/fund/memorialcare-innovation-fund) [Cleveland Clinic](https://millionrounds.com/fund/cleveland-clinic) [Philips](https://millionrounds.com/fund/philips) [Providence Ventures](https://millionrounds.com/fund/providence-ventures) ## Everyone who backed them [Novartis](https://millionrounds.com/fund/novartis) VC firm **2** rounds [Threshold](https://millionrounds.com/fund/threshold) VC firm **2** rounds [UPMC](https://millionrounds.com/fund/upmc) Investment firm **2** rounds [Froedtert](https://millionrounds.com/fund/froedtert) VC firm **2** rounds [LRVHealth](https://millionrounds.com/fund/lrvhealth) VC firm **1** round [McKesson Ventures](https://millionrounds.com/fund/mckesson-ventures) Growth equity **1** round [MemorialCare Innovation Fund](https://millionrounds.com/fund/memorialcare-innovation-fund) Corporate VC **1** round [Cleveland Clinic](https://millionrounds.com/fund/cleveland-clinic) Corporate VC **1** round [Philips](https://millionrounds.com/fund/philips) Company **1** round [Providence Ventures](https://millionrounds.com/fund/providence-ventures) VC firm **1** round [Atrium Health](https://millionrounds.com/fund/atrium-health) Investment firm **1** round [ResMed](https://millionrounds.com/fund/resmed) Corporate VC **1** round DFJ/ Providence no record of our own yet **1** round Froedtert & MCW no record of our own yet **1** round Hennepin no record of our own yet **1** round Medical College of Wisconsin 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=xealth). ## Quick answers about Xealth ### Who invested in Xealth? Xealth's investors include Novartis, Threshold, UPMC, Froedtert and LRVHealth, and 11 more on record. ### How much has Xealth raised? Xealth has raised $23M across 4 rounds since 2017. One round did not disclose an amount, so the total is a floor. ### When did Xealth last raise? Xealth's most recent round was a Venture in Mar 2025. ### What was Xealth's biggest round? Xealth's largest round on record is $11M (Series A), in Mar 2019. ### Who backed Xealth first? Xealth's first round on record, in Jun 2017, was backed by UPMC, Froedtert and DFJ/ Providence and 1 others. ### What stage is Xealth at? Xealth's latest named round is a Venture, in Mar 2025. ### Where is Xealth based? Xealth is based in the United States. ## Companies like Xealth In the same sector, and raised in the last eighteen months. 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