Akero Therapeutics - About the company
Akero Therapeutics is an acquired company based in San Francisco (United States), founded in 2017 by Jonathan Young and Tim Rolph. 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 128 active competitors, including 43 funded and 37 that have exited. Its top competitors include companies like Nimbus Therapeutics, Intercept Pharmaceuticals and Madrigal Pharmaceuticals.
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.
- Website
- akerotx.com
- 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
Investors
Ranked
9th among 128 active competitors
Employee Count
74 as on May 31, 2026
Similar Companies
Exit Details
Acquired by New Nordic (Oct 09, 2025)
Legal entities associated with Akero Therapeutics
Akero Therapeutics is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AKERO THERAPEUTICS, INC. CIN: 815266573 , United States, Active | - | 61 (As on Dec 31, 2024) | - |
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:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 16, 2022 | 2632628 | Post IPO | 6973509 | 9498440 | 1297404 | 5453307 |
Jul 10, 2020 | 2066809 | Post IPO | 1975643 | 7818746 | 8882730 | 5524462 |
Dec 12, 2018 | 6690571 | Series B | 2057873 | 2876246 |
View details of Akero Therapeutics's funding rounds and investors
Akero Therapeutics' founders and board of directors
Founder? Claim ProfileThe founders of Akero Therapeutics are Jonathan Young and Tim Rolph.
Here are the details of Akero Therapeutics' key team members:
- Jonathan Young: CEO of Akero Therapeutics. Contact Info: 1 email address
- Tim Rolph: Co-Founder of Akero Therapeutics. Contact Info: 1 email address
View details of Akero Therapeutics's Founder profiles and Board Members
Akero Therapeutics' employee count trend
Akero Therapeutics has 74 employees as of May 26. Here is Akero Therapeutics's employee count trend over the years:
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Akero Therapeutics's Competitors and alternates
Top competitors of Akero Therapeutics include Nimbus Therapeutics, Intercept Pharmaceuticals and Madrigal Pharmaceuticals. Here is the list of Top 10 competitors of Akero Therapeutics, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Nimbus Therapeutics 2009, Cambridge (United States), Series F | Developer of targeted therapeutics for cancer, metabolic and inflammatory diseases | $637M | 68/100 | |
2nd | Intercept Pharmaceuticals 2002, New York City (United States), Acquired | Developer of therapeutics to treat progressive non-viral liver diseases | $121M | 67/100 | |
3rd | 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 | |
4th | Mammoth 2017, Brisbane (United States), Series D | Provider of molecular diagnostics platform by using CRISPR technology | $271M | 65/100 | |
5th | Mirum Pharmaceuticals 2018, Menlo Park (United States), Public | Developer of small molecule based therapeutics to treat rare diseases | $120M | 64/100 | |
6th | Developer of a novel treatment for metabolic diseases | $83M | 63/100 | ||
7th | Ochre Bio 2019, Oxford (United Kingdom), Series A | Developer of ribonucleic acid therapies for treating chronic liver diseases | $39.7M | 62/100 | |
8th | Enyo Pharma 2014, Lyon (France), Series C | Developer of therapeutics for diseases with impaired kidney function | $120M | 62/100 | |
9th | Akero Therapeutics 2017, San Francisco (United States), Acquired | Developer of small molecule therapeutics for metabolic disorders | $135M | 61/100 | |
10th | Altimmune 1997, Gaithersburg (United States), Acquired | Developer of vaccines for infectious disease including influenza, hepatitis B and solid tumors | $58M | 60/100 |
Looking for more details on Akero Therapeutics's competitors? Click here to see the top ones
Akero Therapeutics's Investments and acquisitions
Akero Therapeutics has made no investments or acquisitions yet.
News related to Akero Therapeutics
Media has covered Akero Therapeutics for a total of 27 events in the last 1 year, 10 of them have been about company updates and 1 about people movement.
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Novo Nordis Receives Shareholder Approval for Akero AcquisitionInvesting•Dec 03, 2025•Akero Therapeutics, New Nordic, Schroders
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Novo gets 15 billion euros of orders for Akero acquisition bondsThe Business Times•Nov 13, 2025•New Nordic, Akero Therapeutics
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Kailera Therapeutics Secures $600M to Advance Obesity Drug Similar to ZepboundBioPharmaDive•Oct 14, 2025•Helicore Biopharma, Verdiva Bio, Kailera, Isomorphic Labs and 10 others
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China Capital invests RMB 300 million in Chando GroupPencilNews•Oct 10, 2025•L'Oréal, CHANDO Group, Zhejiang Jiahua Energy Chemical Industry, Akero Therapeutics and 2 others
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Akero CEO Andrew Cheng Named Chair of Expedition After $165M Raise for COPD DrugEndpoints•Oct 09, 2025•Akero Therapeutics, Halper Sadeh, Air Lease, CoreCard and 1 other
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