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Sherman appointed to Minster Council - Sidney Daily News

Sherman appointed to Minster Council - Sidney Daily News
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TiE Entrepreneur Institute Module 1

Pendulum Therapeutics Raises $54 million

Pendulum Therapeutics Raises $54 million Gut health biotech company Pendulum Therapeutics recently announced a $54 million investment led by Meritech Capital with participation from existing investors including Sequoia Capital, True Ventures and Khosla Ventures. The Series C round nearly doubled the entirety of Pendulum’s previous raises, bringing the total venture capital raised to $111 million. As lead investor, Meritech General Partner Craig Sherman will take a seat on the Pendulum Board of Directors alongside Roelof Botha, a partner at Sequoia, and Adam D’Augelli, a partner at True Ventures. “We think Pendulum is a next generation pharma company doing next generation gene sequencing,” ​said Sherman.

Pendulum Therapeutics Raises $54 Million to Meet Surging Customer Demand

Pendulum Therapeutics Raises $54 Million to Meet Surging Customer Demand Strong Loyalty Among Subscribers: After Five Months, 74% of Key Customer Segment Remain Active Users Company Created New Product Category, Filling Market Gap Between Supplements and Prescription Drugs News provided by Share this article SAN FRANCISCO, April 7, 2021 /PRNewswire/   Pendulum Therapeutics – a biotech company improving health through products targeting the microbiome – today announced a $54 million investment led by Meritech Capital with participation from existing investors including Sequoia Capital, True Ventures and Khosla Ventures. This Series C round nearly doubled the entirety of Pendulum s previous raises and brings the total venture capital raised to $111 million.

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