FundedIQ
Health Care

Theradaptive: Funding, Investors & Team (Oct 2026)

Theradaptive is a clinical-stage biologics company that is privately held and focused on developing protein therapeutics for spine, orthopedics, soft tissue repair, and targeted immuno-oncology. The company's innovative platform converts recombinant proteins into material-binding variants that can be used to coat implants, devices, and injectable carriers for various medical treatments. Theradaptive's lead candidate, OsteoAdapt SP™, is currently being evaluated in a Phase I/II clinical trial for degenerative disc disease, a condition that causes spinal joint deterioration and pain. This candidate combines Theradaptive's engineered protein AMP2™ with a synthetic bone graft to address this challenging medical issue.

www.theradaptive.com LinkedIn Frederick, United States 11-50 employees Founded 2016
Total raised
$63.2M
Rounds
6
Latest
Undisclosed round
Aug 2026

Theradaptive has raised $63.2M across 6 funding rounds on record, the most recent an undisclosed round of $36.2M announced in Aug 2026.

That round is above the $4.9M median round size for Health Care companies tracked on FundedIQ over the last two years.

Theradaptive Company Profile and Key Stats

Total funding raised
$63.2M
across 6 rounds on record
Funding rounds on record
6
3 with no disclosed amount
Latest funding round
Undisclosed round
$36.2M in Aug 2026
Employees
11-50
reported band
Founded
2016
Headquarters
Frederick, United States
Investors on record
3
3 named below

Latest funding round on record: Aug 2026.

Theradaptive Funding Rounds

Date
Round
Amount
Undisclosed round
$36.2M
Undisclosed round
Undisclosed
Undisclosed round
Undisclosed
Undisclosed round
Undisclosed
Undisclosed round
$1.0M
Series A
$26.0M

3 of 6 rounds were announced without a disclosed amount and are excluded from the total.

Theradaptive raised $26.0M in a Series A announced in Jun 2023.

11 months later, an undisclosed round of $1.0M was announced in May 2024.

1.3 years later, an undisclosed round was announced in Aug 2025 with no disclosed amount.

2 months later, an undisclosed round was announced in Oct 2025 with no disclosed amount.

7 months later, an undisclosed round was announced in May 2026 with no disclosed amount.

3 months later, an undisclosed round of $36.2M was announced in Aug 2026.

Theradaptive Investors

U.S. Department of War Maryland Department of Commerce Maryland Stem Cell Research Fund (MSCRF)

Theradaptive Founders and Leadership Team

Name
Role
Contact
Anita Gugel
Founder
Locked
Luis Alvarez
Founder
Locked
Edward Fix
Vice President of Manufacturing
Locked

Contact details for the Theradaptive team: 3 of 3 have an email address on file, 1 has a LinkedIn profile.

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Theradaptive Funding Compared to Other Health Care Startups

Segment
Companies
Median round
3,659
$4.9M
30,234
$7.6M

Theradaptive's latest round of $36.2M is above the median round in Health Care. Medians cover the last 24 months of disclosed rounds.

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Theradaptive Funding FAQs

What does Theradaptive do?

Theradaptive is a clinical-stage biologics company that is privately held and focused on developing protein therapeutics for spine, orthopedics, soft tissue repair, and targeted immuno-oncology. The company's innovative platform converts recombinant proteins into material-binding variants that can be used to coat implants, devices, and injectable carriers for various medical treatments. Theradaptive's lead candidate, OsteoAdapt SP™, is currently being evaluated in a Phase I/II clinical trial for degenerative disc disease, a condition that causes spinal joint deterioration and pain. This candidate combines Theradaptive's engineered protein AMP2™ with a synthetic bone graft to address this challenging medical issue.

How much funding has Theradaptive raised?

Theradaptive has raised $63.2M across 6 rounds on record. The most recent is an undisclosed round of $36.2M announced in Aug 2026.

When did Theradaptive last raise funding?

Theradaptive's most recent funding round on record is an undisclosed round of $36.2M, announced in Aug 2026.

Who has invested in Theradaptive?

Investors on record for Theradaptive include U.S. Department of War, Maryland Department of Commerce, Maryland Stem Cell Research Fund (MSCRF).

Who founded Theradaptive?

FundedIQ lists Anita Gugel (Founder), Luis Alvarez (Founder) at Theradaptive.

Where is Theradaptive headquartered?

Theradaptive is based in Frederick, Maryland, United States.

How many employees does Theradaptive have?

Theradaptive is in the 11-50 employee band.

When was Theradaptive founded?

Theradaptive was founded in 2016.

How does Theradaptive's funding compare to other Health Care startups?

Theradaptive's latest round of $36.2M is above the $4.9M median round size for Health Care companies on FundedIQ across 3,659 tracked companies over the last two years.

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

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