FundedIQ
Biotechnology

Elastrin Therapeutics: Funding, Investors & Team (Sep 2026)

Elastrin Therapeutics is a biotech startup with technologies to restore hardened and damaged arteries & tissue by targeting the elastic fiber that makes them work. The company's proprietary platform that targets and restores degraded elastin by removing the harmful calcification that stiffens arteries. The platform significantly improves the efficacy of drugs and eliminates side effects by combining particle design with elastin targeting.

www.elastrin.com LinkedIn Simpsonville, United States 1-10 employees
Biopharma Biotechnology Therapeutics
Total raised
$14.8M
Rounds
2
Latest
Undisclosed round
Nov 2023

Elastrin Therapeutics has raised $14.8M across 2 funding rounds on record, the most recent an undisclosed round of $4.8M announced in Nov 2023.

That round is below the $8.0M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

Elastrin Therapeutics Company Profile and Key Stats

Total funding raised
$14.8M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$4.8M in Nov 2023
Employees
1-10
reported band
Headquarters
Simpsonville, United States

Latest funding round on record: Nov 2023.

Elastrin Therapeutics Funding Rounds

Date
Round
Amount
Undisclosed round
$4.8M
Undisclosed round
$10.0M

Elastrin Therapeutics raised $10.0M in an undisclosed round announced in Apr 2022.

1.6 years later, an undisclosed round of $4.8M was announced in Nov 2023.

Elastrin Therapeutics Founders and Leadership Team

Name
Role
Contact
Douglas Mulhall
Founder
Locked
Matthias Breugelmans
CEO
Locked

Contact details for the Elastrin Therapeutics team: 2 of 2 have an email address on file.

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Elastrin Therapeutics Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,183
$8.0M
29,981
$7.5M

Elastrin Therapeutics' latest round of $4.8M is below the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Elastrin Therapeutics Funding FAQs

What does Elastrin Therapeutics do?

Elastrin Therapeutics is a biotech startup with technologies to restore hardened and damaged arteries & tissue by targeting the elastic fiber that makes them work. The company's proprietary platform that targets and restores degraded elastin by removing the harmful calcification that stiffens arteries. The platform significantly improves the efficacy of drugs and eliminates side effects by combining particle design with elastin targeting.

How much funding has Elastrin Therapeutics raised?

Elastrin Therapeutics has raised $14.8M across 2 rounds on record. The most recent is an undisclosed round of $4.8M announced in Nov 2023.

When did Elastrin Therapeutics last raise funding?

Elastrin Therapeutics' most recent funding round on record is an undisclosed round of $4.8M, announced in Nov 2023.

Who founded Elastrin Therapeutics?

FundedIQ lists Douglas Mulhall (Founder) at Elastrin Therapeutics.

Who is the CEO of Elastrin Therapeutics?

Matthias Breugelmans is listed as CEO at Elastrin Therapeutics.

Where is Elastrin Therapeutics headquartered?

Elastrin Therapeutics is based in Simpsonville, South Carolina, United States.

How many employees does Elastrin Therapeutics have?

Elastrin Therapeutics is in the 1-10 employee band.

How does Elastrin Therapeutics' funding compare to other Biotechnology startups?

Elastrin Therapeutics' latest round of $4.8M is below the $8.0M median round size for Biotechnology companies on FundedIQ across 4,183 tracked companies over the last two years.

About FundedIQ's Elastrin Therapeutics Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Elastrin Therapeutics is left off this page rather than filled in.

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