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Evelo Biosciences - About the company

Evelo Biosciences is a public company based in Cambridge (United States), founded in 2015 by Brian Goodman. It operates as a Developer of therapeutics to treat a range of inflammatory diseases, COVID-19, and cancer. Evelo Biosciences has raised $167M in funding from investors like Google Ventures, Celgene and Acks. The company has 2546 active competitors, including 861 funded and 643 that have exited. Its top competitors include companies like Jazz Pharmaceuticals, Sana Biotechnology and Ideaya Biosciences.

Company Details

Developer of therapeutics to treat a range of inflammatory diseases, COVID-19, and cancer. The company focuses on discovering and developing a new class of orally delivered medicines to modulate the immune system through SINTAX, the small intestinal axis. The product pipeline inlcudes EDP1815, EDP1867 and EDP2939 for the treatment of inflammatory diseases, and EDP1908 for the treatment of cancer.
Social
X
Registered Address
Cambridge, Massachusetts
Key Metrics
Founded Year
2015
Location
Cambridge, United States
Stage
Public
Total Funding
$167M in 4 rounds
Latest Funding Round
Ranked
Employee Count
50 - 199 as on Mar 01, 2026
Investment & Acquisitions
Exit Details
Public

Evelo Biosciences's IPO details

Evelo Biosciences got listed on May 11, 2018.
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Evelo Biosciences's funding and investors

Evelo Biosciences has raised a total funding of $167M over 4 rounds. Its first funding round was on Nov 04, 2015. Its latest funding round was a Post IPO round on Jul 10, 2023 for $*****. 1 investor participated in its latest round. Evelo Biosciences has 8 institutional investors.

Here is the list of recent funding rounds of Evelo Biosciences:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 10, 2023
6833873
Post IPO
9709071
4493592
5417290
9744501
Mar 23, 2018
3728548
Series C
6398423
1840194
8749674
1661397
Jul 11, 2017
6204957
Series B
4935031
8807128
1297854
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Evelo Biosciences' founders and board of directors

Founder? Claim Profile
The founders of Evelo Biosciences is Brian Goodman. Simba Gill is the CEO of Evelo Biosciences.
Here are the details of Evelo Biosciences' key team members:

Evelo Biosciences' employee count trend

Evelo Biosciences has 50 - 199 employees as of Mar 26. Here is Evelo Biosciences's employee count trend over the years:
Employee count trend for Evelo Biosciences
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Evelo Biosciences's Competitors and alternates

Top competitors of Evelo Biosciences include Jazz Pharmaceuticals, Sana Biotechnology and Ideaya Biosciences. Here is the list of Top 10 competitors of Evelo 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
81/100
2nd
Logo for Sana Biotechnology
Sana Biotechnology
2018, Seattle (United States), Public
Developer of engineered cell therapies for treating various human diseases
$821M
74/100
3rd
Logo for Ideaya Biosciences
Ideaya Biosciences
2015, San Francisco (United States), Public
Developer of oncology-focused precision medicine using molecular diagnostics
$157M
73/100
4th
Developer of antibody-based therapeutics for cancer therapy
$175M
72/100
5th
Logo for Syndax
Syndax
2005, Waltham (United States), Public
Developer of targeted therapies for the treatment of cancer
$198M
72/100
6th
Logo for Immuneel
Immuneel
2018, Bengaluru (India), Series B
Developer of T-cell therapies for the treatment of cancer
$49.8M
72/100
7th
Logo for C4 Therapeutics
C4 Therapeutics
2016, Cambridge (United States), Public
Developer of small molecule drugs for treating cancer
$223M
71/100
8th
Logo for Erasca
Erasca
2018, San Diego (United States), Public
Developer of small molecule based therapeutics for cancer
$300M
71/100
9th
Logo for Elicio
Elicio
2012, Cambridge (United States), Public
Developer of vaccines for treating cancer
$47.4M
71/100
10th
Logo for Celularity
Celularity
2016, Warren (United States), Public
Developer of allogeneic cell therapies to treat multiple diseases
$290M
71/100
616th
Logo for Evelo Biosciences
Evelo Biosciences
2015, Cambridge (United States), Public
Developer of therapeutics to treat a range of inflammatory diseases, COVID-19, and cancer
$167M
43/100
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Evelo Biosciences's Investments and acquisitions

Evelo Biosciences has acquired Epiva Therapeutics. Evelo Biosciences has not made any investments as of now.

Reports related to Evelo Biosciences

Here is the latest report on Evelo Biosciences's sector:

News related to Evelo Biosciences

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