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Overview
Evelo Biosciences is dedicated to improving the lives of patients globally through the development of a new modality of medicines – monoclonal microbials. Monoclonal microbials are orally delivered medicines that modulate systemic immunology and biology through direct interactions with human cells in the gut. These new medicines are broadly applicable across many diseases – including autoimmune, immunoinflammatory, metabolic, neurological, neuroinflammatory diseases, and cancer. Monoclonal microbials have the potential to fundamentally change traditional models of drug discovery and development. By finding and selecting naturally occurring monoclonal microbial with defined therapeutic effects, Evelo can improve the speed, cost, and success of drug discovery and development. Evelo’s platform enables pharmacological intervention at all stages of the disease with naturally occurring, safe, and effective monoclonal microbials. Evelo Biosciences was conceived and created within VentureLabs®, Flagship Pioneering’s institutional innovation foundry, and launched by Flagship in 2015.
About
Biotechnology, Health Care, Medical, Therapeutics
2015
51-100
Headquarters locations
Cambridge, Massachusetts, United States, North America
Social
Profile Resume
Evelo Biosciences headquartered in United States, North America, operates in the Biotechnology, Health Care, Medical, Therapeutics sector. The company focuses on Biotechnology and has secured $50.8B in funding across 128 round(s). With a team of 51-100 employees, Evelo Biosciences is actively contributing to advancements in Biotechnology. Their latest funding round, Series A - Evelo Biosciences, raised $35.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
8
1
0
$397.0M
Details
3
Evelo Biosciences has raised a total of $397.0M in funding over 3 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2018 | Late Stage Venture | 81.5M | ||
2017 | Early Stage Venture | 50.0M | ||
2015 | Early Stage Venture | 35.0M |
Investors
Evelo Biosciences is funded by 18 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Alexandria Venture Investments | - | FUNDING ROUND - Alexandria Venture Investments | 50.0M |
Noubar Afeyan | - | FUNDING ROUND - Noubar Afeyan | 35.0M |
Evelo Biosciences | - | FUNDING ROUND - Evelo Biosciences | 35.0M |
Flagship Pioneering | - | FUNDING ROUND - Flagship Pioneering | 35.0M |
Recent Activity
News
Apr 02, 2024
www.tradingview.com - Pretax income of Evelo Biosciences, Inc. – OTC:EVLO – TradingView
News
Mar 30, 2024
www.tradingview.com - EBITDA of Evelo Biosciences, Inc. – OTC:EVLO – TradingView
News
Mar 30, 2024
www.tradingview.com - Cash from operating activities of Evelo Biosciences, Inc. – OTC:EVLO – TradingView
Funding Round
Jul 10, 2023
Evelo Biosciences raised $25500000 on 2023-07-10 in Post-IPO Equity
Funding Round
Dec 16, 2022
Evelo Biosciences raised $45000000 on 2022-12-16 in Post-IPO Debt
Funding Round
Jan 29, 2021
Evelo Biosciences raised $67500000 on 2021-01-29 in Post-IPO Equity