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Kelonia - About the company

Kelonia is an acquired company based in Boston (United States), founded in 2021 by Michael Birnbaum. It operates as a Developer of medicines to treat autoimmune and inflammatory conditions. Kelonia has raised $50.3M in funding from investors like Venrock, Horizons Ventures and Alta Partners, with last known valuation of $*****. The company has 3465 active competitors, including 1204 funded and 823 that have exited. Its top competitors include companies like Jazz Pharmaceuticals, BeiGene and Sana Biotechnology.

Company Details

Developer of medicines to treat autoimmune and inflammatory conditions. The company is developing a portfolio of therapeutic indications for tibulizumab, crebankitug, and torudokimab, with a goal of demonstrating their efficacy, safety, and dosing convenience in immune and inflammatory disorders.
Email ID
*****@keloniatx.com
Phone Number
+1 **********
Key Metrics
Founded Year
2021
Location
Boston, United States
Stage
Acquired
Total Funding
$50.3M in 1 round
Latest Funding Round
Last Known Valuation
$***** as on Apr 21, 2026
Investors
Ranked
Employee Count
74 as on May 31, 2026
Similar Companies
Exit Details
Acquired by Lilly (Apr 20, 2026)

Kelonia's acquisition details

Kelonia got acquired by Lilly on Apr 20, 2026 at an acquisition amount of $*****.
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Kelonia's funding and investors

Kelonia has raised a total funding of $50.3M over 1 round. Its latest funding round was a Series A round on Apr 28, 2022 for $*****. 3 investors participated in its latest round. Kelonia has 3 institutional investors.

Here is the list of recent funding rounds of Kelonia:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 28, 2022
5005420
Series A
3010734
6613930
8703757
8253866
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Kelonia's founders and board of directors

Founder? Claim Profile
The founders of Kelonia is Michael Birnbaum.
Here are the details of Kelonia's key team members:

Kelonia's employee count trend

Kelonia has 74 employees as of May 26. Here is Kelonia's employee count trend over the years:
Employee count trend for Kelonia
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Kelonia's Competitors and alternates

Top competitors of Kelonia include Jazz Pharmaceuticals, BeiGene and Sana Biotechnology. Here is the list of Top 10 competitors of Kelonia, 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
82/100
2nd
Logo for BeiGene
BeiGene
2010, Cambridge (United States), Public
Developer of targeted and immune-oncology drugs against cancer
$172M
80/100
3rd
Logo for Sana Biotechnology
Sana Biotechnology
2018, Seattle (United States), Public
Developer of engineered cell therapies for treating various human diseases
$821M
75/100
4th
Logo for Senti Bio
Senti Bio
2016, San Francisco (United States), Public
Developer of cell and gene therapies for patients living with incurable diseases
$158M
72/100
5th
Logo for Ideaya Biosciences
Ideaya Biosciences
2015, San Francisco (United States), Public
Developer of oncology-focused precision medicine using molecular diagnostics
$157M
72/100
6th
Developer of antibody-based therapeutics for cancer therapy
$175M
72/100
7th
Logo for Syndax
Syndax
2005, Waltham (United States), Public
Developer of targeted therapies for the treatment of cancer
$198M
72/100
8th
Logo for Moderna
Moderna
2010, Cambridge (United States), Public
Developer of mRNA-based therapeutics for a wide range of diseases
$2.78B
71/100
9th
Logo for Karyopharm
Karyopharm
2008, Newton (United States), Public
Biopharmaceutical company focused on developing and commercializing innovative cancer therapies
$98.4M
71/100
10th
Logo for Immuneel
Immuneel
2018, Bengaluru (India), Series B
Developer of T-cell therapies for the treatment of cancer
$49.8M
71/100
312th
Logo for Kelonia
Kelonia
2021, Boston (United States), Acquired
Developer of medicines to treat autoimmune and inflammatory conditions
$50.3M
57/100
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Kelonia's Investments and acquisitions

Kelonia has made no investments or acquisitions yet.

Reports related to Kelonia

Here is the latest report on Kelonia's geography:

News related to Kelonia

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Media has covered Kelonia for a total of 8 events in the last 1 year, 5 of them have been about company updates.
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