Bonti - About the company
Bonti is an acquired company based in Newport Beach (United States), founded in 2015 by Fauad Hasan and Susan Abushakra. It operates as a Developing botulinum neurotoxins for the treatment of musculoskeletal pain. Bonti has raised $36M in funding from investors like City Hill, RBV Capital and Viva Ventures Biotech Fund. The company has 2746 active competitors, including 917 funded and 691 that have exited. Its top competitors include companies like Jazz Pharmaceuticals, Sana Biotechnology and argenx.
Company Details
Developing botulinum neurotoxins for the treatment of musculoskeletal pain. It is a clinical-stage company focused on developing neurotoxins for therapeutic & aesthetic applications using its proprietary platform. Its lead drug EB-001 is a novel serotype E botulinum neurotoxin (BoNT/E) being developed for the treatment of post-surgical and non-surgical musculoskeletal pain. EB-001 acts on muscle hyperactivity which is the main cause of musculoskeletal pain.
Key Metrics
Founded Year
2015
Location
Newport Beach, United States
Stage
Acquired
Total Funding
$36M in 5 rounds
Latest Funding Round
Ranked
503rd among 2746 active competitors
Employee Count
11 - 50 as on Jul 01, 2024
Similar Companies
Exit Details
Acquired by Allergan (Sep 14, 2018)
Bonti's acquisition details
Click here to take a look at Bonti's acquisition in detail
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Bonti's funding and investors
Bonti has raised a total funding of $36M over 5 rounds. Its first funding round was on Sep 15, 2015. Its latest funding round was a Series C round on Jan 23, 2018 for $*****. 1 investor participated in its latest round. Bonti has 9 institutional investors.
Here is the list of recent funding rounds of Bonti:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 23, 2018 | 7619066 | Series C | 5289551 | 1271068 | 6590731 | 2100843 |
2017 | 8952 | Series B | 3189 | 9677 | 2838 | 9663 |
Apr 18, 2017 | 4806447 | Series B | 5549223 | 6049126 |
View details of Bonti's funding rounds and investors
Bonti's founders and board of directors
Founder? Claim ProfileThe founders of Bonti are Fauad Hasan and Susan Abushakra.
Here are the details of Bonti's key team members:
- Fauad Hasan: Co-Founder & CEO of Bonti and founder of 2 other companies, Ornovi and Dev Academy. They serve on the board of 1 company.Contact Info: 1 email address
- Susan Abushakra: Co-Founder & CMO of Bonti and founder of 1 other company.
View details of Bonti's Founder profiles and Board Members
Bonti's employee count trend
Bonti has 11 - 50 employees as of Jul 24. Here is Bonti's employee count trend over the years:
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Bonti's Competitors and alternates
Top competitors of Bonti include Jazz Pharmaceuticals, Sana Biotechnology and argenx. Here is the list of Top 10 competitors of Bonti, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Jazz Pharmaceuticals 2003, Dublin (Ireland), Public | Developer of novel biopharmaceutical medicines for unmet medical needs | $265M | 82/100 | |
2nd | Sana Biotechnology 2018, Seattle (United States), Public | Developer of engineered cell therapies for treating various human diseases | $821M | 75/100 | |
3rd | Developer of antibody-based drugs to treat autoimmune diseases and cancer | $61.9M | 74/100 | ||
4th | Ideaya Biosciences 2015, San Francisco (United States), Public | Developer of oncology-focused precision medicine using molecular diagnostics | $157M | 72/100 | |
5th | Sutro Biopharma 2003, United States, Public | Developer of antibody-based therapeutics for cancer therapy | $175M | 72/100 | |
6th | Syndax 2005, Waltham (United States), Public | Developer of targeted therapies for the treatment of cancer | $198M | 72/100 | |
7th | Karyopharm 2008, Newton (United States), Public | Biopharmaceutical company focused on developing and commercializing innovative cancer therapies | $98.4M | 71/100 | |
8th | C4 Therapeutics 2016, Cambridge (United States), Public | Developer of small molecule drugs for treating cancer | $223M | 71/100 | |
9th | Developer of T-cell therapies for the treatment of cancer | $49.8M | 71/100 | ||
10th | Developer of bi-specific antibodies & antibody-drug conjugates to treat cancer | $146M | 71/100 | ||
503rd | Bonti 2015, Newport Beach (United States), Acquired | Developing botulinum neurotoxins for the treatment of musculoskeletal pain | $36M | 49/100 |
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Bonti's Investments and acquisitions
Bonti has made no investments or acquisitions yet.
Reports related to Bonti
Here is the latest report on Bonti's sector:
News related to Bonti
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No Frown Lines for Bonti After Allergan BuyOrange County Business Journal•Sep 24, 2018•Bonti, Allergan
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China's HighLight to exit US-based biotech player BontiAsian Venture Capital Journal•Sep 21, 2018•Highlight Capital, Bonti
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Bonti Announces Presentation Featuring EB-001A at Masters of Aesthetics SymposiumBioSpace•Aug 23, 2018•Bonti
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Bonti Announces Successful Completion of Phase 2a Scar Reduction Clinical StudyBusiness Wire•Aug 02, 2018•Bonti
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Bonti Announces Hot Topics Presentation Featuring EB-001 at Plastic Surgery The Meeting | Business WireBusiness Wire•Oct 09, 2017•Bonti
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