Codiak BioSciences - About the company
Codiak BioSciences is a public company based in Cambridge (United States), founded in 2015. It operates as a Developer of exosome-based drugs and diagnostics for cancer treatment. Codiak BioSciences has raised $168M in funding from Arch Venture Partners and Flagship Pioneering. The company has 2556 active competitors, including 881 funded and 633 that have exited. Its top competitors include companies like Jazz Pharmaceuticals, Guardant Health and Sana Biotechnology.
Company Details
Developer of exosome-based drugs and diagnostics for cancer. The company has developed natural vesicles that mediate intercellular communication which is used for therapeutics and diagnostic solutions. The company has developed exoSTING solid tumors for treating cancer diseases. The company's other products include exoIL-12 for melanoma, exoASO-STAT3 used to treat hematologic and hepatic cancers.
- Website
- codiakbio.com
- Email ID
- *****@codiakbio.com
- Phone Number
- +1 **********
- Registered Address
- Cambridge, Massachusetts
Key Metrics
Founded Year
2015
Location
Cambridge, United States
Stage
Public
Total Funding
$168M in 3 rounds
Latest Funding Round
Investors
Ranked
393rd among 2556 active competitors
Annual Revenue
$22.9M as on Dec 31, 2021
Employee Count
48 as on Dec 31, 2022
Similar Companies
Exit Details
Public
Legal entities associated with Codiak BioSciences
Codiak BioSciences is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Codiak Biosciences, Inc. CIN: 474926530 , United States, Active | $22.9M (As on Dec 31, 2021) | 48 (As on Dec 31, 2022) | - |
Codiak BioSciences's IPO details
Codiak BioSciences got listed on Oct 14, 2020.
Click here to take a look at Codiak BioSciences's IPO in detail
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Codiak BioSciences's funding and investors
Codiak BioSciences has raised a total funding of $168M over 3 rounds. Its first funding round was on Nov 25, 2015. Its latest funding round was a Series C round on Nov 29, 2017 for $*****. 10 investors participated in its latest round. Codiak BioSciences has 12 institutional investors.
Here is the list of recent funding rounds of Codiak BioSciences:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 29, 2017 | 3991194 | Series C | 1803820 | 4432054 | 3421474 | 1932978 |
Jan 26, 2016 | 7028799 | Series B | 7181723 | 5382027 | 3675283 | |
Nov 25, 2015 | 2514138 | Series A | 6252542 | 4638375 |
View details of Codiak BioSciences's funding rounds and investors
Codiak BioSciences' founders and board of directors
Founder? Claim ProfileCodiak BioSciences' employee count trend
Codiak BioSciences has 48 employees as of Dec 22. The total employee count is 53.0% lower than what it was in Dec 21. Here is Codiak BioSciences's employee count trend over the years:
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Codiak BioSciences's Competitors and alternates
Top competitors of Codiak BioSciences include Jazz Pharmaceuticals, Guardant Health and Sana Biotechnology. Here is the list of Top 10 competitors of Codiak BioSciences, 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 | Guardant Health 2012, Redwood City (United States), Public | Developer of digital sequencing technology for cancer detection | $557M | 79/100 | |
3rd | Sana Biotechnology 2018, Seattle (United States), Public | Developer of genetically engineered cell therapies for multiple disorders | $821M | 75/100 | |
4th | C4 Therapeutics 2016, Cambridge (United States), Public | Developer of small molecule drugs for treating cancer | $223M | 74/100 | |
5th | Juno Therapeutics 2013, Seattle (United States), Acquired | Global biopharmaceutical company discovering, developing, and delivering innovative medicines | $317M | 74/100 | |
6th | Blueprint Medicines 2008, Cambridge (United States), Acquired | Developer of selective kinase inhibitors for patients with genomically defined cancers | $115M | 72/100 | |
7th | Kronos Bio 2017, San Mateo (United States), Acquired | Developer of small molecule based therapeutics for cancer treatment | $271M | 72/100 | |
8th | MacroGenics 2000, Rockville (United States), Public | Developer of novel biologics for the treatment of autoimmune disorders, cancer and infectious disease | $126M | 72/100 | |
9th | Harbour BioMed 2016, Shanghai (China), Public | Developer of antibody therapeutics in immunology and oncology disease | $313M | 71/100 | |
10th | Erasca 2018, San Diego (United States), Public | Developer of small molecule based therapeutics for cancer | $300M | 70/100 | |
393rd | Codiak BioSciences 2015, Cambridge (United States), Public | Developer of exosome-based drugs and diagnostics for cancer treatment | $168M | 53/100 |
Looking for more details on Codiak BioSciences's competitors? Click here to see the top ones
Codiak BioSciences's Investments and acquisitions
Codiak BioSciences has made no investments or acquisitions yet.
Reports related to Codiak BioSciences
Here is the latest report on Codiak BioSciences's sector:
News related to Codiak BioSciences
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Cash-strapped biotech firm Codiak files for bankruptcy protectionMed Ad News•Mar 27, 2023•Codiak BioSciences
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Codiak BioSciences drops 31% postmarket on proposed stock offeringSeeking Alpha•Sep 13, 2022•Codiak BioSciences, Jefferies
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Codiak BioSciences Announces Program Reprioritization and Corporate RestructuringGlobeNewswire•Aug 30, 2022•Codiak BioSciences
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Codiak to get up to $2.5M from CEPI to develop broadly protective COVID vaccineSeeking Alpha•Jul 05, 2022•Codiak BioSciences, CEPI
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Codiak begins dosing in early-stage trial for liver, gastric, colorectal cancersSeeking Alpha•Jun 29, 2022•Codiak BioSciences
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Codiak BioSciences GAAP EPS of -$0.36 beats by $0.44, revenue of $12.7M beats by $6.4MSeeking Alpha•May 05, 2022•Codiak BioSciences
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Codiak BioSciences rises 7% post-market after revenue soars 383% YoYSeeking Alpha•Mar 11, 2022•Codiak BioSciences
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FDA clears Codiak Bio's exoASO-STAT6 application in liver cancerSeeking Alpha•Nov 30, 2021•Codiak BioSciences
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