Apellis
formerly Apellis PharmaceuticalsAcquiredCourageous Science + Compassion
Public · Waltham, United States · Founded 2009 · $522.6M raised
- Headquarters
- Waltham, Massachusetts
- Employees
- 501–1000
- Founded
- 2009
- Business Model
- B2B
- Website
- apellis.com
- Total Funding
- $522.6M
- Last Round
- $350.0M Corporate RoundFeb 2023
- Rounds
- 5
- Type
- Public
- Acquisition Date
- Jun 2026
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Apellis Pharmaceuticals (Nasdaq: APLS) is a clinical-stage and commercial-stage biopharmaceutical company focused on the complement system, a key branch of innate immunity. Founded in 2009 by Cedric Francois and Dinesh Bhatt, the company pioneered targeted C3 inhibition with its lead compound pegcetacoplan. Apellis received FDA approval for EMPAVELI for paroxysmal nocturnal hemoglobinuria (PNH) in 2021 and SYFOVRE for geographic atrophy (GA) in 2023 — the first approved treatment for GA. Headquartered in Waltham, Massachusetts.
Summary
Apellis is a Biotech company based in Waltham, United States, founded in 2009. It has raised $522.6M in total across 5 rounds, most recently a $350.0M Corporate Round in Feb 2023. Investors include Unknown Ventures, Biogen and AJU IB Investment.
Tech & App Stack
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Funding & Exit History
Jun 2026
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Funding: Venture Round through Corporate Round. Amounts, valuations, and investors where available.
Investors
Unknown Ventures
3 rounds
Biogen
2 rounds
AJU IB Investment
2 rounds
Morningside Group
2 rounds
Sixth Street
1 round
Cormorant Asset Management
1 round
Hillhouse Capital
1 round
Epidarex Capital
2 rounds
Sofinnova Partners
1 round
Vivo Capital
1 round
F-Prime Capital
1 round
venBio Global Strategic Fund
1 round
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