ElevateBio

ElevateBio

Signal active

Investment Firm

Overview

ElevateBio is an operator of a portfolio of cell and gene therapy companies intended to develop, manufacture, and commercialize life-transforming medicines.

The company creates a portfolio through partnerships with the world's innovative scientists and inventors as well as it created a centralized facility that integrates all the elements that translate cell and gene therapy R&D into commercially viable therapies quickly and efficiently, enabling patients to get medical products to treat severe diseases.

Vikas Sinha, Mitchell Finer, and David Hallal co-founded ElevateBio in Cambridge, Massachusetts in 2017.

Highlights

Founded

2017

Industry

Information Technology

Employees

251-500

Investment

2

Lead Investment

0

Exits

1

Stages

Early Stage Venture

Investor Type

N/A

Location

United States, North America

Contact Information

Social

Profile Resume

ElevateBio, established in 2017 and headquartered in United States, North America., specializes in Early Stage Venture investments across Biotechnology, Health Care, Pharmaceutical, Manufacturing, Biopharma, Finance, Business Development, Application Performance Management, Financial Services, Venture Capital. The organization boasts a portfolio of 2 investments, with an average round size of $110.8M and 1 successful exits. Their recent investments include Gilead Sciences, Invus, EcoR1 Capital, F2 Ventures, Redmile Group. The highest investment round they participated in was $17.9B. Among their most notable exits are Gilead Sciences and Invus. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Vikas Sinha

Vikas Sinha

Chief Financial Officer

imagePlace David Hallal

David Hallal

CEO, Chair, & Co-Founder

imagePlace Mitchell Finer

Mitchell Finer

Chief Scientific Officer

imagePlace Michael Paglia

Michael Paglia

Chief Operating Officer,

imagePlace Brian Majors

Brian Majors

VP, Head of Program Management

imagePlace Jill Mooney

Jill Mooney

SVP of Research and Development

Investment portfolio

ElevateBio has made 2 investments. Their most recent investment was on Jun 23, 2021, when Abata Therapeutics raised $95.0M.

investments

2

Diversity investments

1

Lead investments

0

Number of exits

1

Investments

2

Annouced DateOrganization NameIndustryMoney Raised
Jun 23, 2021
Abata Therapeutics Abata Therapeutics
Biotechnology95.0M
Jul 27, 2022--126.6M

Exits

1

Funding Timeline

Funding rounds

2

Investors

18

Funds

0

Funding Rounds

2

ElevateBio has raised 2 rounds. Their latest funding was raised on Jul 27, 2022 from a Post-IPO Equity - AlloVir round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Jun 23, 2021
Series A - Abata Therapeutics Series A - Abata Therapeutics
-95.0M-
Jul 27, 2022
Post-IPO Equity - AlloVir Post-IPO Equity - AlloVir
-126.6M-

Investors

37

ElevateBio is funded by 37 investor(s). Fidelity and Vertex Ventures Kantor are the most recent investors.

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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Recent Activity

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