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Sparrow Pharmaceuticals reported raising $61.8 Million in an initial SEC Form D filing, from an offering of $121 Million

PRIVATEJul 01, 2025$61.8M of $121.4M raised

Amount Raised

$61.8 Million

$61.8 Million sold, per SEC Form D (first sale Jun 20, 2025)

Round Type

Venture

PortlandHealthcareHealth Care

Investors

ForbionRA Capital Management

Quick answer

Sparrow Pharmaceuticals raised $61.8 Million in a funding round, dated June 20, 2025. Investors: Forbion and RA Capital Management. Sparrow Pharmaceuticals is based in Portland, Oregon, United States.

How much did Sparrow Pharmaceuticals raise?
Sparrow Pharmaceuticals raised $61.8 Million in a funding round on June 20, 2025.
Who invested in Sparrow Pharmaceuticals?
Forbion and RA Capital Management are named as investors in this round.
What does Sparrow Pharmaceuticals do?
Sparrow Pharmaceuticals is developing targeted therapies for conditions of corticosteroid excess - associated with either the natural corticosteroid cortisol due to a tumor or long-term use of a corticosteroid drug such..
Where is Sparrow Pharmaceuticals based and how big is it?
Sparrow Pharmaceuticals is based in Portland, Oregon, United States.
Who are the decision-makers at Sparrow Pharmaceuticals?
Fundz holds 1 contact at Sparrow Pharmaceuticals, including the Executive Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Healthcare and Health Care around the same time

Companies in the same sectors as Sparrow Pharmaceuticals that raised within 45 days of this round, from Fundz verified event records.

  • Summus Global raised $7.5M on August 4, 2025.
  • Redi.Health raised $6M on August 1, 2025.
  • iSpecimen raised $1.8M (Seed) on August 1, 2025.
  • Ceresti Health raised $12M on July 31, 2025.
  • InspireMD raised $40M on July 30, 2025.
  • Nuo Therapeutics raised $791K (Seed) on July 30, 2025.

Who to call at Sparrow Pharmaceuticals, and when

A new round usually means Sparrow Pharmaceuticals is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Sparrow Pharmaceuticals raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Sparrow Pharmaceuticals, from your own LinkedIn network

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Company Information

Company

Sparrow Pharmaceuticals

Location

1050 Southwest 6th Street, Suite 1100

Portland, Oregon, United States

About

Sparrow Pharmaceuticals is developing targeted therapies for conditions of corticosteroid excess - associated with either the natural corticosteroid cortisol due to a tumor or long-term use of a corticosteroid drug such as prednisone. Sparrow's pipeline is led by SPI-62 in Phase 2 clinical development.

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Related People

1 contact
Verified contactsDavid K., Executive Officer hiddenSee plans and pricing
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Sparrow Pharmaceuticals raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.