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
- Website
- formation.bio
- 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
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Funding History
Jun 2024
Investors
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