Founded Year

2013

Stage

Series D | Alive

Total Raised

$610.3M

Last Raised

$372M | 9 mos ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+85 points in the past 30 days

About Formation Bio

Formation Bio is an artificial intelligence (AI) native pharmaceutical company that focuses on drug development. It specializes in acquiring and developing clinical-stage drugs more efficiently by leveraging a proprietary technology platform that incorporates artificial intelligence. Formation Bio primarily serves the pharmaceutical industry by expediting the drug development process for various therapeutic areas. It was formerly known as TrialSpark. It was founded in 2013 and is based in New York, New York.

Headquarters Location

16 East 34th Street Floor 10

New York, New York, 10016,

United States

443-277-1832

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Expert Collections containing Formation Bio

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Formation Bio is included in 2 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,270 items

D

Digital Health

11,305 items

The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.

Latest Formation Bio News

編集長の目、成功者が支える次世代モダリティの開発

Mar 12, 2025

2024年、グローバルで超大型の資金調達に成功した未上場スタートアップの顔ぶれを見ると、米Xaira Therapeutics(ザイラ・セラピューティクス)社(2024年の調達額は10億ドル、以下同)、米Kailera Therapeutics(カイレラ・セラピューティクス)社(4億ドル)、米Formation Bio(フォーメーション・バイオ)社(3億7200万ドル)、米Candid Therapeutics(キャンディド・セラピューティクス)社(3億7000万ドル)と、AI創薬、肥満症治療薬、自己免疫疾患治療薬などを開発する企業が並びます。もっともそれらの企業が手掛けているのは、低分子薬、ペプチド医薬、蛋白質・抗体医薬と、いずれも旧来のモダリティが中心。比較的患者数の多い疾患に対して開発を進めやすいことや、既存薬と類似の機序を有する開発品を扱っていることから、超大型の資金調達が実現したと推察されます。

Formation Bio Frequently Asked Questions (FAQ)

  • When was Formation Bio founded?

    Formation Bio was founded in 2013.

  • Where is Formation Bio's headquarters?

    Formation Bio's headquarters is located at 16 East 34th Street, New York.

  • What is Formation Bio's latest funding round?

    Formation Bio's latest funding round is Series D.

  • How much did Formation Bio raise?

    Formation Bio raised a total of $610.3M.

  • Who are the investors of Formation Bio?

    Investors of Formation Bio include Sequoia Capital, Thrive Capital, Lachy Groom, Emerson Collective, Andreessen Horowitz and 17 more.

  • Who are Formation Bio's competitors?

    Competitors of Formation Bio include Biorce, Castor, Virgo Surgical Video Solutions, ObvioHealth, Inato and 7 more.

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Compare Formation Bio to Competitors

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Castor

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Reify Health

Reify Health specializes in optimizing clinical trial operations within the healthcare sector. The company offers cloud-based software solutions designed to accelerate patient enrollment in clinical trials, aiming to streamline the process of bringing new therapies to patients. Reify Health primarily serves the biopharmaceutical industry, research clinics, and healthcare organizations involved in clinical research. Reify Health was formerly known as ZeroSum Health. It was founded in 2012 and is based in Boston, Massachusetts.

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Medable

Medable specializes in providing digital clinical trial software solutions within the healthcare and pharmaceutical sectors. The company offers a comprehensive platform that facilitates the management of clinical trials, including tools for remote data collection, electronic consent (eConsent), patient-reported outcomes (ePRO), and clinical outcome assessments (eCOA), all designed to streamline the trial process and enhance data quality. Medable was formerly known as Dermatrap. It was founded in 2012 and is based in Palo Alto, California.

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ObvioHealth

ObvioHealth provides digital health solutions within the clinical trial industry. The company has a platform and mobile application allows for remote monitoring and participation in clinical trials, focusing on data collection and participant engagement. ObvioHealth's services are relevant to the healthcare sector, especially in trial management. It was founded in 2017 and is based in New York, New York.

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Lindus Health

Lindus Health conducts end-to-end clinical trials for the life sciences sector, using a technology-driven approach to streamline the process. The company provides services including study design, patient recruitment, clinical data capture, monitoring, and project management, facilitated by a proprietary software platform and access to electronic health records. Lindus Health serves the biotechnology and pharmaceutical industries. It was founded in 2021 and is based in London, United Kingdom.

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BloqCube

BloqCube is a software company specializing in decentralized clinical trial management and financial systems. The company offers an integrated Clinical Trial Management & Financial System (CTMFS) platform designed to accelerate Decentralized Clinical Trials (DCT) by providing a secure, transparent, and efficient way to manage trials and handle financial transactions. BloqCube primarily serves the healthcare and pharmaceutical sectors by streamlining clinical trial processes and financial management. It was founded in 2017 and is based in Piscataway, New Jersey.

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