Firefly Bio - About the company
Firefly Bio is an acquired company based in San Francisco (United States), founded in 2022 by Carolyn Bertozzi. It operates as a Developer of antibody drug conjugates for the treatment of cancer. Firefly Bio has raised $94M in funding from Versant Ventures. The company has 3317 active competitors, including 1122 funded and 782 that have exited. Its top competitors include companies like Jazz Pharmaceuticals, BeiGene and Sana Biotechnology.
Company Details
Developer of antibody drug conjugates for the treatment of cancer. The company uses potent catalytic protein degraders as the payloads of ADCs to develop class of therapeutics for a range of intracellular biological targets such as both solid and liquid tumors.
- Website
- fireflybiologics.com
- Email ID
- *****@fireflybiologics.com
Key Metrics
Founded Year
2022
Location
San Francisco, United States
Stage
Acquired
Total Funding
$94M in 3 rounds
Latest Funding Round
Investors
Ranked
219th among 3317 active competitors
Employee Count
24 as on Aug 31, 2026
Exit Details
Acquired by Johnson & Johnson (Jun 08, 2026)
Firefly Bio's acquisition details
Firefly Bio got acquired by Johnson & Johnson on Jun 08, 2026 at an acquisition amount of $*****.
Click here to take a look at Firefly Bio's acquisition in detail
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Firefly Bio's funding and investors
Firefly Bio has raised a total funding of $94M over 3 rounds. Its first funding round was on Mar 05, 2022. Its latest funding round was a Series A round on Dec 18, 2023 for $*****. 3 investors participated in its latest round. Firefly Bio has 4 institutional investors.
Here is the list of recent funding rounds of Firefly Bio:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 18, 2023 | 2120260 | Series A | 6009787 | 8644667 | 3575107 | 8487094 |
Sep 01, 2022 | 7550276 | Grant (prize money) | 5382540 | 5970347 | 8290836 | |
Mar 05, 2022 | 4257045 | Grant (prize money) | 3654664 | 6802820 | 3252668 |
View details of Firefly Bio's funding rounds and investors
Firefly Bio's founders and board of directors
Founder? Claim ProfileThe founders of Firefly Bio is Carolyn Bertozzi.
Here are the details of Firefly Bio's key team members:
- Carolyn Bertozzi: Co-founder and Chief Technology Officer of Firefly Bio.
View details of Firefly Bio's Founder profiles and Board Members
Firefly Bio's employee count trend
Firefly Bio has 24 employees as of Aug 26. Here is Firefly Bio's employee count trend over the years:
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Firefly Bio's Competitors and alternates
Top competitors of Firefly Bio include Jazz Pharmaceuticals, BeiGene and Sana Biotechnology. Here is the list of Top 10 competitors of Firefly Bio, 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 | BeiGene 2010, Cambridge (United States), Public | Developer of targeted and immune-oncology drugs against cancer | $172M | 80/100 | |
3rd | Sana Biotechnology 2018, Seattle (United States), Public | Developer of engineered cell therapies for treating various human diseases | $821M | 73/100 | |
4th | Ideaya Biosciences 2015, San Francisco (United States), Public | Developer of oncology-focused precision medicine using molecular diagnostics | $157M | 73/100 | |
5th | Senti Bio 2016, San Francisco (United States), Public | Developer of cell and gene therapies for patients living with incurable diseases | $158M | 72/100 | |
6th | Sutro Biopharma 2003, United States, Public | Developer of antibody-based therapeutics for cancer therapy | $175M | 72/100 | |
7th | Syndax 2005, Waltham (United States), Public | Developer of targeted therapies for the treatment of cancer | $198M | 72/100 | |
8th | Developer of T-cell therapies for the treatment of cancer | $49.8M | 71/100 | ||
9th | Moderna 2010, Cambridge (United States), Public | Developer of mRNA-based therapeutics for a wide range of diseases | $2.78B | 71/100 | |
10th | C4 Therapeutics 2016, Cambridge (United States), Public | Developer of small molecule drugs for treating cancer | $223M | 71/100 | |
219th | Firefly Bio 2022, San Francisco (United States), Acquired | Developer of antibody drug conjugates for the treatment of cancer | $94M | 59/100 |
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Firefly Bio's Investments and acquisitions
Firefly Bio has made no investments or acquisitions yet.
Reports related to Firefly Bio
Here is the latest report on Firefly Bio's sector:
News related to Firefly Bio
Media has covered Firefly Bio for a total of 7 events in the last 1 year, 2 of them have been about company updates.
•
Johnson & Johnson to Acquire Firefly Bio for $1 BillionGrupoglobo•Jun 08, 2026•Firefly Bio, Johnson & Johnson, Firefly BioWorks, Easterly
•
DePuy Synthes Announces Agreement to Acquire Miniature Radiofrequency Tracking TechnologyBusiness Wire•May 26, 2026•Johnson & Johnson MedTech, MinMaxMedical, DePuy Synthes, Johnson & Johnson and 2 others
•
Firefly Bio assembles with $94M and an ADC dream team to work on protein degradersFierce Biotech•Feb 15, 2024•Firefly Bio, Lilly, Decheng Capital, MPM BioImpact and 1 other
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