FundedIQ
Biotechnology

Elutia: Funding, Investors & Team (Sep 2026)

Elutia is a regenerative medicine company that is currently operating in the commercial stage. They are dedicated to developing innovative products to enhance the outcomes of surgical procedures, particularly for patients receiving implantable medical devices. Using their unique tissue processing technology, Elutia has created a range of advanced regenerative products that closely mimic natural biological materials.

elutia.com LinkedIn Silver Spring, United States 101-250 employees
Total raised
$23.8M
Rounds
2
Latest
Undisclosed round
Jun 2024

Elutia has raised $23.8M across 2 funding rounds on record, the most recent an undisclosed round of $13.3M announced in Jun 2024.

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

Elutia Company Profile and Key Stats

Total funding raised
$23.8M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$13.3M in Jun 2024
Employees
101-250
reported band
Headquarters
Silver Spring, United States

Latest funding round on record: Jun 2024.

Elutia Funding Rounds

Date
Round
Amount
Undisclosed round
$13.3M
Undisclosed round
$10.5M

Elutia raised $10.5M in an undisclosed round announced in Sep 2023.

9 months later, an undisclosed round of $13.3M was announced in Jun 2024.

Elutia Founders and Leadership Team

Name
Role
Contact
C Randal Mills
Founder

No contact details are on record for this team yet.

Elutia Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,183
$8.0M
29,878
$7.5M

Elutia's latest round of $13.3M is above the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Elutia Funding FAQs

What does Elutia do?

Elutia is a regenerative medicine company that is currently operating in the commercial stage. They are dedicated to developing innovative products to enhance the outcomes of surgical procedures, particularly for patients receiving implantable medical devices. Using their unique tissue processing technology, Elutia has created a range of advanced regenerative products that closely mimic natural biological materials.

How much funding has Elutia raised?

Elutia has raised $23.8M across 2 rounds on record. The most recent is an undisclosed round of $13.3M announced in Jun 2024.

When did Elutia last raise funding?

Elutia's most recent funding round on record is an undisclosed round of $13.3M, announced in Jun 2024.

Who founded Elutia?

FundedIQ lists C Randal Mills (Founder) at Elutia.

Where is Elutia headquartered?

Elutia is based in Silver Spring, Maryland, United States.

How many employees does Elutia have?

Elutia is in the 101-250 employee band.

How does Elutia's funding compare to other Biotechnology startups?

Elutia's latest round of $13.3M is above the $8.0M median round size for Biotechnology companies on FundedIQ across 4,183 tracked companies over the last two years.

About FundedIQ's Elutia 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 Elutia is left off this page rather than filled in.

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