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BigHat - About the company

BigHat is a series C company based in San Carlos (United States), founded in 2019 by Peyton Greenside. It operates as a Provider of antibody therapies developed by machine learning and synthetic biology. BigHat has raised $223M in funding from investors like Andreessen Horowitz, DFJ Growth and Premji Invest, with a current valuation of $*****. The company has 210 active competitors, including 64 funded and 63 that have exited. Its top competitors include companies like argenx, Chai Discovery and Halozyme.

Company Details

Provider of antibody therapies developed by machine learning and synthetic biology. The company offers an AI-enabled antibody design platform named Milliner, that offers antibody therapies to treat intractable conditions like chronic illnesses to life-threatening diseases.
Social
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Email ID
*****@bighatbio.com
Key Metrics
Founded Year
2019
Location
San Carlos, United States
Stage
Series C
Total Funding
$223M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jul 13, 2026
Ranked
Employee Count
96 as on Aug 31, 2026
Investment & Acquisitions
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BigHat's funding and investors

BigHat has raised a total funding of $223M over 4 rounds. Its first funding round was on Dec 19, 2019. Its latest funding round was a Series C round on Sep 24, 2026 for $*****. 16 investors participated in its latest round. BigHat has 27 institutional investors.

Here is the list of recent funding rounds of BigHat:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 24, 2026
4266060
Series C
8096642
8544731
1114186
9654985
Jun 30, 2022
6112288
Series B
2011746
8107351
6013707
Feb 10, 2021
2977871
Series A
5468474
1250165
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BigHat's founders and board of directors

Founder? Claim Profile
The founders of BigHat is Peyton Greenside.
Here are the details of BigHat's key team members:

BigHat's employee count trend

BigHat has 96 employees as of Aug 26. Here is BigHat's employee count trend over the years:
Employee count trend for BigHat
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BigHat's Competitors and alternates

Top competitors of BigHat include argenx, Chai Discovery and Halozyme. Here is the list of Top 10 competitors of BigHat, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for argenx
argenx
2008, Ghent (Belgium), Public
Developer of antibody-based drugs to treat autoimmune diseases and cancer
$61.9M
75/100
2nd
Logo for Chai Discovery
Chai Discovery
2023, San Francisco (United States), Series C
Developer of artificial intelligence models for de novo molecular design
$630M
70/100
3rd
Logo for Halozyme
Halozyme
1999, San Diego (United States), Public
Developer of drug delivery technologies for the treatment of various diseases
-
67/100
4th
Logo for Zai Lab
Zai Lab
2013, Shanghai (China), Public
Developer of drugs for anti-cancer and anti-inflammatory diseases
$160M
67/100
5th
Logo for Antiverse
Antiverse
2017, Cardiff (United Kingdom), Series A
Developer of computational platform for de novo design of antibody therapeutics
$20M
67/100
6th
Logo for Alexion
Alexion
1992, Zurich (Switzerland), Acquired
Developer of therapies for patients with devastating and rare diseases
$133M
67/100
7th
Logo for XOMA Corporation
XOMA Corporation
1981, Berkeley (United States), Acquired
Developer of antibody-based therapeutics for treating endocrine/metabolic diseases
-
65/100
8th
Logo for Kodiak Sciences
Kodiak Sciences
2009, Palo Alto (United States), Public
Developer of therapeutics to treat retinal diseases
$35.8M
64/100
9th
Logo for ABL Bio
ABL Bio
2016, Seongnam-si (South Korea), Public
Bi-specific antibodies and Antibody-drug Conjugate immunotherapies for oncology and neurodegenerative diseases
$65M
63/100
10th
Logo for MacroGenics
MacroGenics
2000, Rockville (United States), Public
Developer of novel biologics for the treatment of autoimmune disorders, cancer and infectious disease
$126M
62/100
22nd
Logo for BigHat
BigHat
2019, San Carlos (United States), Series C
Provider of antibody therapies developed by machine learning and synthetic biology
$223M
58/100
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BigHat's Investments and acquisitions

BigHat has acquired Frugi. BigHat has not made any investments as of now.

Reports related to BigHat

Here is the latest report on BigHat's sector:

News related to BigHat

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Media has covered BigHat for a total of 5 events in the last 1 year, 2 of them have been about people movement.
•
Eli Lilly and BigHat Biosciences ink AI antibody discovery deal Pharmaceutical Technology•Apr 18, 2025•Lilly, BigHat
•
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