# Longwood Fund: portfolio, investments and team

> Longwood Fund is a vc firm based in United States. 53 investments on record, 8 in the last 12 months, latest Aug 2026. Portfolio, stages, co-investors and team.

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

United States · [Investor](https://millionrounds.com/investors)

# Longwood Fund

Last cheque observed Aug 2026; 53 cheques on record.

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Deploying now New fund $158M, Dec 2024 VC firm

Seed Series A Series B Analytics Bio Technology Biotechnology

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Deploying now

**67%** of best year **8** **cheques in 12 months**, 53 on record

Since the last cheque **79** days **00** hrs **00** min **00** sec

Median round **$60M** Cheque size, as they say **$100K – $5.0M** Rounds led **1 of 53** Sole investor **4 rounds** Exits **2 from the portfolio** Mostly in **United States, 89%**

Pitch Longwood Fund

## Longwood Fund highlights

- 01 8 cheques in the last 12 months
- 02 Mostly Series A and Series B: 75% of its rounds
- 03 Sole investor in 4 rounds, median $12M
- 04 2 exits from the portfolio

## What they do

> Filed 1 private fund offering with the SEC, the most recent in 2023-12 From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $100K – $5.0M as they say
- **Stages:** Seed Series A Series B Growth
- **Sectors:** Analytics Bio Technology Biotechnology
- **Based in:** Boston, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **53 appearances**

- **2026** 6 rounds
- **Aug** **[Khartis Therapeutics](https://millionrounds.com/company/khartis-therapeutics)** Series B · US · Ventureburn **$50M** With 5 others
- **Apr** **[Neomorph](https://millionrounds.com/company/neomorph)** Series B · US · TechStartups **$100M** With 4 others
- **Apr** **[Sidewinder Therapeutics](https://millionrounds.com/company/sidewinder-therapeutics)** Series B · US · Ventureburn **$137M** With 8 others
- **Apr** **[Coultreon Biopharma](https://millionrounds.com/company/coultreon-biopharma)** Series A · BE **$125M** With 2 others
- **Feb** **[Evommune](https://millionrounds.com/company/evommune)** US **$125M** With 5 others
- **Jan** **[Mediar Therapeutics](https://millionrounds.com/company/mediar-therapeutics)** Series B · US **$76M** With 2 others
- **2025** 11 rounds
- **Nov** **[AAVantgarde Bio](https://millionrounds.com/company/aavantgarde-bio)** Series B · IT **$141M** With 3 others
- **Nov** **[Verastem Oncology](https://millionrounds.com/company/verastem-oncology)** US **$90M** With 4 others
- **Oct** **[Vertero](https://millionrounds.com/company/vertero)** Series D · US **$20M** With 2 others
- **Sept** **[Avenzo Therapeutics](https://millionrounds.com/company/avenzo-therapeutics)** Series B · US **$60M** With 5 others
- **Sept** **[Crystalys Therapeutics](https://millionrounds.com/company/crystalys-therapeutics)** Series A · US **$205M** With 3 others
- **Sept** **[KalVista Pharmaceuticals](https://millionrounds.com/company/kalvista-pharmaceuticals)** Debt · US **$125M** With 4 others
- **Apr** **[Solu Therapeutics](https://millionrounds.com/company/solu-therapeutics)** Series A · US **$41M** With 3 others
- **Feb** **[XyloCor Therapeutics](https://millionrounds.com/company/xylocor-therapeutics)** Series B · US · Crunchbase News **$68M** With 2 others
- **Feb** **[Newleos Therapeutics](https://millionrounds.com/company/newleos-therapeutics)** Series A · US **$94M** With 3 others
- **Jan** **[Interius BioTherapeutics](https://millionrounds.com/company/interius-biotherapeutics)** Venture · US **$22M** With 3 others
- **Jan** **[Be Biopharma](https://millionrounds.com/company/be-biopharma)** Series C · US **$92M** With 3 others
- **2024** 5 rounds
- **Dec** **[TScan Therapeutics](https://millionrounds.com/company/tscan-therapeutics)** US **$30M** With 5 others
- **Jun** **[Interius BioTherapeutics](https://millionrounds.com/company/interius-biotherapeutics)** Series B · US **$51M** With 2 others
- **May** **[Bbot](https://millionrounds.com/company/bbot)** Venture · US **$200M** With 4 others
- **May** **[Progentos Therapeutics](https://millionrounds.com/company/progentos-therapeutics)** Series A · US **$65M** With 2 others
- **Mar** **[Engrail Therapeutics](https://millionrounds.com/company/engrail-therapeutics)** Series B · US **$157M** With 4 others
- **2023** 3 rounds
- **Dec** **[Tome Biosciences](https://millionrounds.com/company/tome-biosciences)** Series A · US **$213M** With 4 others
- **Dec** **[Lassen Therapeutics](https://millionrounds.com/company/lassen-therapeutics)** Series B · US **$85M** With 2 others
- **Sept** **[Sitryx Therapeutics](https://millionrounds.com/company/sitryx-therapeutics)** Series A · GB **$39M** With 4 others
- **2022** 6 rounds
- **Dec** **[Pulmocide](https://millionrounds.com/company/pulmocide)** Series C · GB **$52M** With 3 others
- **Sept** **[Photys Therapeutics](https://millionrounds.com/company/photys-therapeutics)** Series A · US **$75M** With 2 others
- **Jun** **[Carbon Biosciences](https://millionrounds.com/company/carbon-biosciences)** Series A · US **$38M** With 3 others
- **Jun** **[DEM BioPharma](https://millionrounds.com/company/dem-biopharma)** Series A · US **$70M** With 2 others
- **May** **[Werewolf Therapeutics](https://millionrounds.com/company/werewolf-therapeutics)** Secondary · US **$50M** With 3 others
- **Mar** **[Calithera Biosciences](https://millionrounds.com/company/calithera-biosciences)** US **$10M** With 1 other
- **2021** 4 rounds
- **Oct** **[Rectify Pharmaceuticals](https://millionrounds.com/company/rectify-pharmaceuticals)** Series A · US **$100M** With 3 others
- **Aug** **[Immunitas Therapeutics](https://millionrounds.com/company/immunitas-therapeutics)** Series B · US **$58M** Sole investor
- **Jun** **[ImmuneID](https://millionrounds.com/company/immuneid)** Series A **$50M** With 3 others
- **Apr** **[Renovia](https://millionrounds.com/company/renovia)** Series C **$17M** With 3 others
- **2020** 1 round
- **Mar** **[Millendo Therapeutics](https://millionrounds.com/company/millendo-therapeutics)** **$50M** With 3 others
- **2019** 5 rounds
- **Dec** **[ArcherDx](https://millionrounds.com/company/archerdx)** Series C · US · FinSMEs **$55M** With 8 others
- **Nov** **[Wereworld Therapeutics](https://millionrounds.com/company/wereworld-therapeutics)** Series A · US · FinSMEs **$56M** *Led*
- **Jul** **[Tscan Therapeutics](https://millionrounds.com/company/tscan-therapeutics)** Series B · US · FinSMEs **$48M** With 4 others
- **May** **[ArcherDX](https://millionrounds.com/company/archerdx)** Series B · US · FinSMEs **$60M** With 4 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **4 named**

CW **Christoph Westphal** Managing Member of the General Partner i Filing they signed

DA **David A Steinberg** Other Executive Officer i Form ADV

JO **Joshua O'Brien Lubov** Chief Financial Officer i Form ADV

RH **Richard H. (mi Only) Aldrich** Other Executive Officer i Form ADV

We also hold **15** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$456M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Longwood Management LLC
- **SEC number:** CRD 281220

## Exits from the portfolio

Companies it backed that were later bought or listed **2 in all**

**[Verastem](https://millionrounds.com/company/verastem)** Listed **$52M** Jul 2013

**[PTC Therapeutics](https://millionrounds.com/company/ptc-therapeutics)** Listed **$125M** Jun 2013

An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$158M**

raised in Dec 2024

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A Series B

Median round joined **$60M** the round, not its cheque Alone, median **$12M**

Led 1 of 53 rounds **2%**

- **Said size:** $100K – $5.0M
- **Sole investor:** 4 rounds
- **Last cheque:** Aug 2026
- **Exits:** 2 from the portfolio

Rounds by stage said on their site

- Series A said *17*
- Series B said *16*
- Series C *6*
- Venture *4*
- Secondary *1*
- Seed said *-*
- Growth said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) 8
- [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) 7
- [Alexandria Venture Investments](https://millionrounds.com/fund/alexandria-venture-investments) 5
- [MPM Capital](https://millionrounds.com/fund/mpm-bioimpact) 5
- [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) 4
- [Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners) 4

**Pitching Longwood Fund?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

The investors most often in the same rounds as Longwood Fund. A count of rooms they were both in, not a relationship either has claimed.

[**RA Capital Management** Private equity **8** rounds together](https://millionrounds.com/fund/ra-capital-management)[**Bessemer Venture Partners** VC firm **7** rounds together](https://millionrounds.com/fund/bessemer-venture-partners)[**Alexandria Venture Investments** VC firm **5** rounds together](https://millionrounds.com/fund/alexandria-venture-investments)[**MPM Capital** Private equity **5** rounds together](https://millionrounds.com/fund/mpm-bioimpact)[**Cormorant Asset Management** Private equity **4** rounds together](https://millionrounds.com/fund/cormorant-asset-management)[**Forbion Capital Partners** Private equity **4** rounds together](https://millionrounds.com/fund/forbion-capital-partners)[**Novo Holdings** VC firm **4** rounds together](https://millionrounds.com/fund/novo-ventures)[**Sofinnova Partners** VC firm **4** rounds together](https://millionrounds.com/fund/sofinnova-partners)[**ARCH Venture Partners** VC firm **3** rounds together](https://millionrounds.com/fund/arch-venture-partners)[**Adage Capital Management** Asset manager **3** rounds together](https://millionrounds.com/fund/adage-capital-management)[**Cardinal Partners** VC firm **3** rounds together](https://millionrounds.com/fund/cardinal-partners-cp-venture-capital)[**DCVC** VC firm **3** rounds together](https://millionrounds.com/fund/data-collective)

## Recently backed

The latest companies Longwood Fund put money into.

[**Sidewinder Therapeutics** $137M · Apr 2026](https://millionrounds.com/company/sidewinder-therapeutics)[**Coultreon Biopharma** $125M · Apr 2026](https://millionrounds.com/company/coultreon-biopharma)[**Evommune** $125M · Feb 2026](https://millionrounds.com/company/evommune)[**Mediar Therapeutics** $76M · Jan 2026](https://millionrounds.com/company/mediar-therapeutics)[**AAVantgarde Bio** $141M · Nov 2025](https://millionrounds.com/company/aavantgarde-bio)[**Verastem Oncology** $90M · Nov 2025](https://millionrounds.com/company/verastem-oncology)

## Quick answers about Longwood Fund

### What does Longwood Fund invest in?

Longwood Fund invests most often at Series A and Series B (75% of the rounds on record), in sectors such as Analytics, Bio Technology and Biotechnology.

### How active is Longwood Fund?

53 investments on record, 8 of them in the last 12 months, and it led 1. The most recent was in Aug 2026.

### What has Longwood Fund invested in recently?

Its most recent investments on record: Khartis Therapeutics (Series B, Aug 2026), Neomorph (Series B, Apr 2026) and Sidewinder Therapeutics (Series B, Apr 2026).

### How big are Longwood Fund's cheques?

The median round it joins is $60M. It says it writes cheques of $100K to $5.0M.

### Does Longwood Fund lead rounds?

Sometimes: it led 1 of its 53 investments on record (2%).

### Where does Longwood Fund invest?

Most of the companies it backs are in the United States (89%) and the United Kingdom (5%).

### Is Longwood Fund investing now?

Yes: it is actively investing, with 8 investments in the last 12 months.

### Who does Longwood Fund invest alongside?

Most often RA Capital Management (8 rounds together), Bessemer Venture Partners (7 rounds together) and Alexandria Venture Investments (5 rounds together).

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