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VC-funded Company:

ElevateBio
200 Smith St.
Waltham, MA 02451
Phone: 617-433-2600
https://www.elevate.bio/

ElevateBio, LLC, is a Cambridge-based biotechnology holding company, established to create and operate a broad portfolio of cell and gene therapy companies through partnerships with leading academic researchers, medical centers and entrepreneurs. ElevateBio builds single- and multi-product companies by providing scientific founders with fully-integrated bench-to-bedside capabilities including world-class scientists, manufacturing facilities, drug developers and commercial expertise. ElevateBio is building a team of industry leaders who work at the holding company and are assigned exclusively or in-part to ElevateBio portfolio companies over time. ElevateBio BaseCamp, a company-owned center of cell and gene therapy innovation, will serve as the R&D, process development and manufacturing hub across the entire ElevateBio portfolio while also supporting selected strategic partners.

Key Contact
Name
David Hallal
Title
CEO
Funding Events

Date
Amount
Type
Investors
Valuation
05/13/19 $150,000,000 Series A EcoR1 Capital
F2 Ventures
Redmile Group
Samsara BioCapital
UBS Oncology Impact Fund
undisclosed
03/30/20 $170,000,000 Series B EcoR1 Capital
EDBI
F2 Ventures
MPM Capital
Redmile Group
Samsara BioCapital
Surveyor Capital
The Invus Group
Vertex Ventures
undisclosed
03/16/21 $525,000,000 Series C EcoR1 Capital
EDBI
Emerson Collective
F2 Capital
Fidelity Management & Research Company
Invus
Matrix Capital Management
MPM Capital
Redmile Group
Samsara BioCapital
SoftBank Vision Fund 2
Surveyor Capital
undisclosed
05/24/23 $401,000,000 Series D AyurMaya
EcoR1 Capital
EDBI
Emerson Collective
F2 Capital
Fidelity Management & Research Company
Invus
ITOCHU Corporation
Lee Family
MPM Capital
Novo Nordisk
Redmile Group
Samsara BioCapital
SoftBank Vision Fund 2
Surveyor Capital
Vertex Ventures
Woodline Partners
undisclosed