When was Evozyne founded?

Evozyne was founded in 2020 and raised its 1st funding round within a year of its incorporation.

Where is Evozyne located?

Evozyne is headquartered in Chicago, United States.

How many employees does Evozyne have?

As of Mar 31, 2026, the latest employee count at Evozyne is 54.

Is Evozyne a funded company?

Evozyne is a funded company, having raised a total of $144M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Apr 27, 2020.

When was the latest funding round of Evozyne?

Evozyne's latest funding was a $***** Conventional Debt round on Sep 14, 2023, with participation from 0 investor.

Where does Evozyne rank among its competitors?

Evozyne ranks 15th amongst 69 active competitors, of which 37 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was AI Proteins, which secured $41.5M in Nov, 2025.

Who are the top competitors of Evozyne?

Evozyne's top competitors include Nimbus Therapeutics, Generate Biomedicines and Profluent Bio. Among them, AI Proteins secured the most recent funding round in November, 2025.

Evozyne - 2026 Company Profile, Team, Funding & Competitors

Evozyne is a series B company based in Chicago (United States), founded in 2020 by Rama Ranganathan. It operates as a Developer of proteins using protein engineering technology. Evozyne has raised $144M in funding from Fidelity Investments and Orbimed. The company has 69 active competitors, including 37 funded and 5 that have exited. Its top competitors include companies like Nimbus Therapeutics, Generate Biomedicines and Profluent Bio.

Company Details

Evozyne has developed novel proteins using protein engineering technology. The company uses machine learning, statistical techniques with high throughput gene synthesis and screening technology to build predictive models of sequence-function relationships for a family of proteins for synthesis, and characterizing of the proteins.

Key Metrics

Founded Year

2020

Location

Chicago, United States

Stage

Series B

Total Funding

$144M in 4 rounds

Latest Funding Round

Conventional Debt, Sep 14, 2023, $*****

Investors

Fidelity Investments & 4 more

Ranked

15^th among 69 active competitors

Employee Count

54 as on Mar 31, 2026

Similar Companies

Nimbus Therapeutics & 73 more

View Evozyne's full profile

Evozyne has raised a total funding of $144M over 4 rounds. Its first funding round was on Apr 27, 2020. Evozyne has 5 institutional investors.

Here is the list of recent funding rounds of Evozyne:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 14, 2023	1234866	Conventional Debt	9633294	3918590	5260842	1483214
Sep 14, 2023	2753483	Series B	5224127	9062231	7340318	Paragon Biosciences & 2 more
Apr 09, 2021	4454879	Series B	8652742	2668005	9631957	5186297

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View details of Evozyne's funding rounds and investors

The founders of Evozyne is Rama Ranganathan.

Here are the details of Evozyne's key team members:

Rama Ranganathan: Co-Founder & CSO of Evozyne.

View details of Evozyne's Founder profiles and Board Members

Evozyne's employee count trend

Evozyne has 54 employees as of Mar 26. Here is Evozyne's employee count trend over the years:

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Top competitors of Evozyne include Nimbus Therapeutics, Generate Biomedicines and Profluent Bio. Here is the list of Top 10 competitors of Evozyne, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Nimbus Therapeutics 2009, Cambridge (United States), Series F	Developer of targeted therapeutics for cancer, metabolic and inflammatory diseases	$637M	BVF Partners, Atlas Venture & 20 others	68/100
2nd	Generate Biomedicines 2018, Somerville (United States), Public	Developer of a platform for generating novel protein-based therapeutic modalities	$693M	Amgen, NVentures & 14 others	66/100
3rd	Profluent Bio 2022, Berkeley (United States), Series B	Provider of an artificial intelligence-based protein design platform	$150M	Bezos Expeditions, Altimeter Capital & 6 others	64/100
4th	Cradle 2021, Delft (Netherlands), Series B	Provider of chemoproteomics solutions for protein design and development	$103M	Index Ventures, IVP & 7 others	64/100
5th	Frontier Medicines 2018, San Francisco (United States), Series C	Developer of a bioinformatics platform for drug development and chemoproteomics	$236M	Deerfield, RA Capital Management & 11 others	63/100
6th	Seismic 2019, Watertown (United States), Series B	AI-assisted platform for drug discovery and development	$247M	Bessemer Venture Partners, Lightspeed Venture Partners ... & 12 others	63/100
7th	Eikon 2019, Millbrae (United States), Public	Protein tracking and measuring tool for drug discovery	$1.16B	The Column Group, ADIA & 22 others	62/100
8th	Vividion Therapeutics 2016, Oceanside (United States), Acquired	Pioneering chemoproteomics and covalent chemistry for precision therapeutics targeting undruggable disease drivers	$271M	Boxer Capital, Logos & 20 others	61/100
9th	AI Proteins 2021, Boston (United States), Series A	Developer of de novo designed miniproteins for therapeutic applications	$59.7M	Mission BioCapital, Sante & 3 others	59/100
10th	Nomic 2017, Montreal (Canada), Series B	Provider of next-generation proteomics platform for drug discovery and protein analysis	$63M	Lux Capital, Amplitude & 13 others	56/100
15th	Evozyne 2020, Chicago (United States), Series B	Developer of proteins using protein engineering technology	$144M	Fidelity Investments, NVentures & 3 others	49/100