Garuda - About the company
Garuda is a series B company based in Natick (United States), founded in 2021 by Sean Morrison and David Scadden. It operates as a Developer of stem cell-based therapies to treat multiple diseases. Garuda has raised $182M in funding from investors like Orbimed, Aisling Capital and Northpond Ventures. The company has 470 active competitors, including 155 funded and 134 that have exited. Its top competitors include companies like BeiGene, Biogen and argenx.
Company Details
Developer of stem cell-based therapies to treat multiple diseases. The company has developed stem cell transplants by using targeted antibodies and increasing stem cell numbers by targeting self-renewal pathways. The company's pipeline includes therapeutic indications in hematologic malignancies, sickle cell disease, β-thalassemia, bone marrow failure diseases, and more.
- Website
- garudatx.com
- Email ID
- *****@garudatx.com
- Registered Address
- 22 Strathmore Road Natick, MA 01760 USA
Key Metrics
Founded Year
2021
Location
Natick, United States
Stage
Series B
Total Funding
$182M in 3 rounds
Latest Funding Round
Ranked
138th among 470 active competitors
Employee Count
64 as on May 04, 2025
Legal entities associated with Garuda
Garuda is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
GARUDA THERAPEUTICS, INC CIN: 86-3018867 , United States, Active | Mar 28, 2021 | - | 53 (As on Dec 31, 2023) | - |
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Garuda's funding and investors
Garuda has raised a total funding of $182M over 3 rounds. Its first funding round was on Sep 23, 2021. Garuda has 11 institutional investors.
Here is the list of recent funding rounds of Garuda:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 17, 2024 | 7215517 | Series B | 1832201 | 2852591 | 3549428 | 6064717 |
Feb 09, 2023 | 7174397 | Series B | 6465959 | 9500175 | 6690427 | |
Sep 23, 2021 | 3819087 | Series A | 5623562 | 9427040 |
View details of Garuda's funding rounds and investors
Garuda's founders and board of directors
Founder? Claim ProfileHere are the details of Garuda's key team members:
- Sean Morrison: Co-Founder of Garuda.
- David Scadden: Co-Founder of Garuda.
View details of Garuda's Founder profiles and Board Members
Garuda's employee count trend
Garuda has 64 employees as of May 25. Here is Garuda's employee count trend over the years:
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Garuda's Competitors and alternates
Top competitors of Garuda include BeiGene, Biogen and argenx. Here is the list of Top 10 competitors of Garuda, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | BeiGene 2010, Cambridge (United States), Public | Developer of targeted and immune-oncology drugs against cancer | $172M | 80/100 | |
2nd | Biogen 1978, Cambridge (United States), Public | Developer of therapies for neurodegenerative and immunology disorders | $80M | 78/100 | |
3rd | Developer of antibody-based drugs to treat autoimmune diseases and cancer | $61.9M | 75/100 | ||
4th | CareDx 1998, Brisbane (United States), Public | Developer of medical solutions for transplant patients | $138M | 73/100 | |
5th | C4 Therapeutics 2016, Cambridge (United States), Public | Developer of small molecule drugs for treating cancer | $223M | 71/100 | |
6th | Abcellera Biologics 2012, Vancouver (Canada), Public | AI-enabled platform for antibodies discovery | $115M | 71/100 | |
7th | Developer of immunotherapeutics for the treatment of cancer and other diseases | $861M | 69/100 | ||
8th | Immunocore 2008, Abingdon (United Kingdom), Public | Developer of bispecific T cell receptor therapies for human diseases | $601M | 69/100 | |
9th | Nimbus Therapeutics 2009, Cambridge (United States), Series F | Developer of targeted therapeutics for cancer, metabolic and inflammatory diseases | $637M | 68/100 | |
10th | ADMA Biologics 2005, Ramsey (United States), Public | Biopharmaceutical company innovating plasma-derived therapeutics for immune deficiencies and infectious diseases | $17.6M | 68/100 | |
138th | Garuda 2021, Natick (United States), Series B | Developer of stem cell-based therapies to treat multiple diseases | $182M | 45/100 |
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Garuda's Investments and acquisitions
Garuda has made no investments or acquisitions yet.
Reports related to Garuda
Here is the latest report on Garuda's sector:
News related to Garuda
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Garuda Therapeutics Announces the Appointment of Giorgia Scapin, Ph.D., as Chief Scientific OfficerTullahoma News•Jul 12, 2023•Garuda
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Be The Match BioTherapies to Support Garuda Therapeutics’ Cell TherapiesContract Pharma•Jun 19, 2023•Be The Match BioTherapies, Garuda
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Garuda Therapeutics Raises $62M in Series B FinancingFinSMEs•Feb 08, 2023•Garuda, Northpond Ventures, Orbimed, Cormorant Capital and 5 others
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Garuda Therapeutics Announces Appointment of David DiGiusto, Ph.D., as Chief Technology OfficerBusiness Wire•Nov 15, 2022•Garuda, Resilience
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Garuda Therapeutics Announces Appointment of Roger Sawhney, M.D., as Chief Financial OfficerBusiness Wire•Sep 07, 2022•Garuda
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Sleep apnea biotech breathes easy with $62.5M financing ahead of PhIII trials for lead oral drugEndPoints News•May 04, 2022•Apnimed, Sectoral, Alpha Wave Global, NexPoint and 7 others
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