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Akero Therapeutics - About the company

Akero Therapeutics is an acquired company based in San Francisco (United States), founded in 2017 by Tim Rolph and Jonathan Young. It operates as a Developer of small molecule therapeutics for metabolic disorders. Akero Therapeutics has raised $135M in funding from investors like Atlas Venture, Apple Tree Partners and Janus Henderson Investors, with last known valuation of $*****. The company has 131 active competitors, including 43 funded and 37 that have exited. Its top competitors include companies like Nimbus Therapeutics, Madrigal Pharmaceuticals and Mammoth.

Company Details

Developer of small molecule therapeutics for metabolic disorders. The company's lead product Efruxifermin that acts as an agonist of fibroblast growth factor 21 (FGF21) for the treatment of non-alcoholic steatohepatitis. It also offers products for fibrosis and liver diseases.
Social
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Phone Number
+1 **********
Registered Address
South San Francisco, California
Key Metrics
Founded Year
2017
Location
San Francisco, United States
Stage
Acquired
Total Funding
$135M in 4 rounds
Latest Funding Round
Last Known Valuation
$***** as on Oct 09, 2025
Ranked
Employee Count
74 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by New Nordic (Oct 09, 2025)

Akero Therapeutics's acquisition details

Akero Therapeutics got acquired by New Nordic on Oct 09, 2025 at an acquisition amount of $*****.
Click here to take a look at Akero Therapeutics's acquisition in detail
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Akero Therapeutics's funding and investors

Akero Therapeutics has raised a total funding of $135M over 4 rounds. Its first funding round was on Jun 22, 2018. Its latest funding round was a Post IPO round on Jun 16, 2022 for $*****. 1 investor participated in its latest round. Akero Therapeutics has 14 institutional investors.

Here is the list of recent funding rounds of Akero Therapeutics:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 16, 2022
5337052
Post IPO
3563246
9824931
5967479
6390133
Jul 10, 2020
5277931
Post IPO
4391237
6065199
3641773
2538515
Dec 12, 2018
5247902
Series B
1861931
3487991
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Akero Therapeutics' founders and board of directors

Founder? Claim Profile
The founders of Akero Therapeutics are Tim Rolph and Jonathan Young.
Here are the details of Akero Therapeutics' key team members:

Akero Therapeutics' employee count trend

Akero Therapeutics has 74 employees as of Sep 26. Here is Akero Therapeutics's employee count trend over the years:
Employee count trend for Akero Therapeutics
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Akero Therapeutics's Competitors and alternates

Top competitors of Akero Therapeutics include Nimbus Therapeutics, Madrigal Pharmaceuticals and Mammoth. Here is the list of Top 10 competitors of Akero Therapeutics, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Nimbus Therapeutics
Nimbus Therapeutics
2009, Cambridge (United States), Series F
Developer of targeted therapeutics for cancer, metabolic and inflammatory diseases
$637M
68/100
2nd
Logo for Madrigal Pharmaceuticals
Madrigal Pharmaceuticals
2011, Conshohocken (United States), Acquired
Develops small molecule drugs for the treatment of cardiovascular and metabolic diseases and non-alcoholic steatohepatitis
$38.4M
66/100
3rd
Logo for Mammoth
Mammoth
2017, Brisbane (United States), Series D
Provider of molecular diagnostics platform by using CRISPR technology
$271M
65/100
4th
Logo for Drug Farm
Drug Farm
2015, Shanghai (China), Series D
Developer of a novel treatment for metabolic diseases
$138M
64/100
5th
Logo for Intercept Pharmaceuticals
Intercept Pharmaceuticals
2002, New York City (United States), Acquired
Developer of therapeutics to treat progressive non-viral liver diseases
$121M
63/100
6th
Logo for Mirum Pharmaceuticals
Mirum Pharmaceuticals
2018, Menlo Park (United States), Public
Developer of small molecule based therapeutics to treat rare diseases
$120M
61/100
7th
Logo for Akero Therapeutics
Akero Therapeutics
2017, San Francisco (United States), Acquired
Developer of small molecule therapeutics for metabolic disorders
$135M
61/100
8th
Logo for Altimmune
Altimmune
1997, Gaithersburg (United States), Acquired
Developer of vaccines for infectious disease including influenza, hepatitis B and solid tumors
$58M
60/100
9th
Logo for Enyo Pharma
Enyo Pharma
2014, Lyon (France), Series C
Developer of therapeutics for diseases with impaired kidney function
$120M
60/100
10th
Logo for Terns Pharmaceutical
Terns Pharmaceutical
2017, San Mateo (United States), Acquired
Developer of therapies for treating liver disease and cancer
$208M
60/100
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Akero Therapeutics's Investments and acquisitions

Akero Therapeutics has made no investments or acquisitions yet.

Reports related to Akero Therapeutics

Here is the latest report on Akero Therapeutics's sector:

News related to Akero Therapeutics

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Media has covered Akero Therapeutics for a total of 10 events in the last 1 year, 6 of them have been about company updates.
•
Novo gets 15 billion euros of orders for Akero acquisition bondsThe Business Times•Nov 13, 2025•New Nordic, Akero Therapeutics
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