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.
- Website
- evelobio.com
- Registered Address
- Cambridge, Massachusetts
Key Metrics
Founded Year
2015
Location
Cambridge, United States
Stage
Public
Total Funding
$167M in 4 rounds
Latest Funding Round
Investors
Ranked
616th among 2546 active competitors
Employee Count
50 - 199 as on Mar 01, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public
Legal entities associated with Evelo Biosciences
Evelo Biosciences is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Evelo Biosciences, Inc. CIN: 465594527 , United States, Active | May 05, 2014 | - | 94 (As on Dec 31, 2022) | - |
Evelo Biosciences's IPO details
Evelo Biosciences got listed on May 11, 2018.
Click here to take a look at Evelo Biosciences's IPO in detail
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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:
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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 |
View details of Evelo Biosciences's funding rounds and investors
Evelo Biosciences' founders and board of directors
Founder? Claim ProfileThe 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:
- Brian Goodman: Former Co-Founder & Director of Evelo Biosciences and founder of 1 other company.
- Simba Gill: CEO of Evelo Biosciences.
View details of Evelo Biosciences's Founder profiles and Board 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:
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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:
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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 | 81/100 | |
2nd | Sana Biotechnology 2018, Seattle (United States), Public | Developer of engineered cell therapies for treating various human diseases | $821M | 74/100 | |
3rd | Ideaya Biosciences 2015, San Francisco (United States), Public | Developer of oncology-focused precision medicine using molecular diagnostics | $157M | 73/100 | |
4th | Sutro Biopharma 2003, United States, Public | Developer of antibody-based therapeutics for cancer therapy | $175M | 72/100 | |
5th | Syndax 2005, Waltham (United States), Public | Developer of targeted therapies for the treatment of cancer | $198M | 72/100 | |
6th | Developer of T-cell therapies for the treatment of cancer | $49.8M | 72/100 | ||
7th | C4 Therapeutics 2016, Cambridge (United States), Public | Developer of small molecule drugs for treating cancer | $223M | 71/100 | |
8th | Erasca 2018, San Diego (United States), Public | Developer of small molecule based therapeutics for cancer | $300M | 71/100 | |
9th | Elicio 2012, Cambridge (United States), Public | Developer of vaccines for treating cancer | $47.4M | 71/100 | |
10th | Celularity 2016, Warren (United States), Public | Developer of allogeneic cell therapies to treat multiple diseases | $290M | 71/100 | |
616th | Evelo Biosciences 2015, Cambridge (United States), Public | Developer of therapeutics to treat a range of inflammatory diseases, COVID-19, and cancer | $167M | 43/100 |
Looking for more details on Evelo Biosciences's competitors? Click here to see the top ones
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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Omass Therapeutics Expands Leadership Team With Two New AppointmentsGlobeNewswire•Aug 02, 2023•OMass Therapeutics, Evelo Biosciences
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Evelo Biosciences enters into termination and surrender pact with Bio-RadSeeking Alpha•Jul 21, 2023•Evelo Biosciences, Bio Rad
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Evelo Biosciences’ $25.5 Million Private PlacementGlobal Legal Chronicle•Jul 20, 2023•Evelo Biosciences
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Evelo Biosciences Announces $25.5 Million Private PlacementGlobeNewswire•Jul 10, 2023•Evelo Biosciences
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