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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.
Social
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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
Ranked
Annual Revenue
$22.9M as on Dec 31, 2021
Employee Count
48 as on Dec 31, 2022
Similar Companies
Exit Details
Public

Codiak BioSciences's IPO details

Codiak BioSciences got listed on Oct 14, 2020.
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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
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Codiak BioSciences' founders and board of directors

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Codiak 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:
Employee count trend for Codiak BioSciences
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Jazz Pharmaceuticals
Jazz Pharmaceuticals
2003, Dublin (Ireland), Public
Developer of novel biopharmaceutical medicines for unmet medical needs
$265M
82/100
2nd
Logo for Guardant Health
Guardant Health
2012, Redwood City (United States), Public
Developer of digital sequencing technology for cancer detection
$557M
79/100
3rd
Logo for Sana Biotechnology
Sana Biotechnology
2018, Seattle (United States), Public
Developer of genetically engineered cell therapies for multiple disorders
$821M
75/100
4th
Logo for C4 Therapeutics
C4 Therapeutics
2016, Cambridge (United States), Public
Developer of small molecule drugs for treating cancer
$223M
74/100
5th
Logo for Juno Therapeutics
Juno Therapeutics
2013, Seattle (United States), Acquired
Global biopharmaceutical company discovering, developing, and delivering innovative medicines
$317M
74/100
6th
Logo for Blueprint Medicines
Blueprint Medicines
2008, Cambridge (United States), Acquired
Developer of selective kinase inhibitors for patients with genomically defined cancers
$115M
72/100
7th
Logo for Kronos Bio
Kronos Bio
2017, San Mateo (United States), Acquired
Developer of small molecule based therapeutics for cancer treatment
$271M
72/100
8th
Logo for MacroGenics
MacroGenics
2000, Rockville (United States), Public
Developer of novel biologics for the treatment of autoimmune disorders, cancer and infectious disease
$126M
72/100
9th
Logo for Harbour BioMed
Harbour BioMed
2016, Shanghai (China), Public
Developer of antibody therapeutics in immunology and oncology disease
$313M
71/100
10th
Logo for Erasca
Erasca
2018, San Diego (United States), Public
Developer of small molecule based therapeutics for cancer
$300M
70/100
393rd
Logo for Codiak BioSciences
Codiak BioSciences
2015, Cambridge (United States), Public
Developer of exosome-based drugs and diagnostics for cancer treatment
$168M
53/100
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Codiak BioSciences's Investments and acquisitions

Codiak BioSciences has made no investments or acquisitions yet.

Reports related to Codiak BioSciences

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News related to Codiak BioSciences

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