Tech Company Financing Transactions
Draper Funding Round
On 2/24/2026, Draper raised $26.7 million in financing from Advanced Research Projects Agency for Health (ARPA-H).
Transaction Overview
Company Name
Announced On
2/24/2026
Transaction Type
Venture Equity
Amount
$26,700,000
Round
Undisclosed
Proceeds Purpose
The award will develop a new generation of in silico models of human physiology based on data from New Approach Methodologies (NAMs) to inform the drug development process.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
555 Technology Square
Cambridge, MA 02139
USA
Cambridge, MA 02139
USA
Phone
Website
Email Address
Overview
We Engineer Solutions for the Nation's Toughest Problems; As an independent nonprofit engineering innovation company, Draper provides engineering services directly to government, industry, and academia. We work on teams as prime contractors or subcontractors and participate as collaborators in consortia. Our strong commitment to delivering working solutions allows us to apply ourselves to a variety of domains from space to undersea -- and many areas in between.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jerry Wohletz
Chief Financial Officer
Carrie George
Chief Information Officer
Jennifer Doherty
Chief Operating Officer
Marjorie Quant
General Manager
Aaron Blow
General Manager
Kathryn Brinsfield
General Manager
Sarah Leeper
General Manager
Julia MacDonough
Vice President
Robert Bacon
Vice President
Linda Connell
Vice President
Amy Hart
VP - Administration
Robert Durkin
VP - Bus. Development
Suzanne Jones
VP - Bus. Development
Aisha Losche
VP - Engineering
Anthony Kourepenis
VP - General Counsel
Mary Kim
VP - Human Resources
Nancy Lightbody
VP - Marketing
Beverley Malcolm
VP - Operations
Stephen Rusinko
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Our team works diligently to report on tech company VC transactions. All VC database entries on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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