Formation Bio

The pharma company of the future.

New York, United States · Founded 2016 · $372.0M raised

Headquarters
New York, New York
Employees
51–200
Founded
2016
Business Model
B2B
Total Funding
$372.0M
Last Round
$372.0M Series DJun 2024
Rounds
1

About

Formation Bio is a tech-driven, AI-native pharma company that acquires clinical-stage drug candidates from pharma companies, universities, and biotech firms and develops them faster using a proprietary AI platform. The platform automates drug selection via knowledge graphs, clinical trial design, patient recruitment through GenAI tools, and study monitoring, enabling treatments to reach patients faster than traditional drug development.

Summary

Formation Bio is an Artificial Intelligence company based in New York, United States, founded in 2016. It has raised $372.0M in total across 1 round, most recently a $372.0M Series D round in Jun 2024. Investors include Andreessen Horowitz, Sequoia Capital and Thrive Capital.

Tech & App Stack

8 technologies & apps tracked

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Funding History

Series DSeries DJun 2024
$372.0M

Investors

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