Pelican Therapeutics - About the company
Pelican Therapeutics is an acqui-hired company based in Austin (United States), founded in 2011 by Taylor Schreiber D. It operates as a Developing antibody to stimulate memory CD8+ cytotoxic T cells for the treatment of cancer.. Pelican Therapeutics has raised $410K in funding. The company has 3264 active competitors, including 1126 funded and 769 that have exited. Its top competitors include companies like Jazz Pharmaceuticals, BeiGene and Sana Biotechnology.
Company Details
Pelican Therapeutics is developing biologic agents that represent the next generation of Tumor Necrosis Factor (TNF) based immunotherapy. Its lead product candidate is a humanized monoclonal antibody that is a functional agonist of human TNFRSF25. This antibody provides highly selective and potent stimulation of ‘memory’ CD8+ cytotoxic T cells. Its second product candidate is a human TL1A-Ig fusion protein that can be used to cause proliferation of regulatory T cells in patients.
- Website
- pelicantherapeutics.com
- Email ID
- *****@pelicantherapeutics.com
Key Metrics
Founded Year
2011
Location
Austin, United States
Stage
Acqui-Hired
Total Funding
$410K in 4 rounds
Latest Funding Round
Investors
Ranked
2750th among 3264 active competitors
Employee Count
4 as on Jul 01, 2024
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Legal entities associated with Pelican Therapeutics
Pelican Therapeutics is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Pelican Therapeutics, Inc. CIN: 272038564 , United States, Active | Dec 31, 2010 | - | - | - |
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Pelican Therapeutics's funding and investors
Pelican Therapeutics has raised a total funding of $410K over 4 rounds. Its first funding round was on Jun 06, 2014. Its latest funding round was a Grant (prize money) round on Jan 07, 2020 for $*****. 1 investor participated in its latest round. Pelican Therapeutics has 1 institutional investor.
Here is the list of recent funding rounds of Pelican Therapeutics:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 07, 2020 | 8696462 | Grant (prize money) | 8395916 | 4518283 | 3729545 | 5021931 |
May 19, 2016 | 4369708 | Grant (prize money) | 8348592 | 4513052 | 9654540 | 6564336 |
Aug 18, 2015 | 7820749 | Seed | 2079836 | 5557222 | 3511111 | 5065725 |
View details of Pelican Therapeutics's funding rounds and investors
Pelican Therapeutics' founders and board of directors
Founder? Claim ProfileThe founders of Pelican Therapeutics is Taylor Schreiber D.
Here are the details of Pelican Therapeutics' key team members:
- Taylor Schreiber D: Co-Founder and Scientific Advisor of Pelican Therapeutics.
View details of Pelican Therapeutics's Founder profiles and Board Members
Pelican Therapeutics' employee count trend
Pelican Therapeutics has 4 employees as of Jul 24. Here is Pelican Therapeutics's employee count trend over the years:
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Pelican Therapeutics's Competitors and alternates
Top competitors of Pelican Therapeutics include Jazz Pharmaceuticals, BeiGene and Sana Biotechnology. Here is the list of Top 10 competitors of Pelican Therapeutics, 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 | 81/100 | |
3rd | Sana Biotechnology 2018, Seattle (United States), Public | Developer of engineered cell therapies for treating human disease conditions | $821M | 75/100 | |
4th | Blueprint Medicines 2008, Cambridge (United States), Acquired | Developer of selective kinase inhibitors for patients with genomically defined cancers | $115M | 72/100 | |
5th | Senti Biosciences 2016, San Francisco (United States), Public | Developer of cell-based therapies for cancer treatment | $158M | 72/100 | |
6th | Ideaya Biosciences 2015, San Francisco (United States), Public | Developer of oncology-focused precision medicine using molecular diagnostics | $157M | 72/100 | |
7th | Kronos Bio 2017, San Mateo (United States), Acquired | Developer of small molecule based therapeutics for cancer treatment | $271M | 72/100 | |
8th | Sutro Biopharma 2003, United States, Public | Developer of antibody-based therapeutics for cancer therapy | $175M | 72/100 | |
9th | Syndax 2005, Waltham (United States), Public | Developer of targeted therapies for the treatment of cancer | $198M | 72/100 | |
10th | Moderna 2010, Cambridge (United States), Public | Developer of mRNA-based therapeutics for a wide range of diseases | $2.78B | 71/100 | |
2750th | Pelican Therapeutics 2011, Austin (United States), Acqui-Hired | Developing antibody to stimulate memory CD8+ cytotoxic T cells for the treatment of cancer. | $410K | 23/100 |
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Pelican Therapeutics's Investments and acquisitions
Pelican Therapeutics has made no investments or acquisitions yet.
News related to Pelican Therapeutics
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Acquisition brings $15.2 million CPRIT grant to fund 70-patient Phase I trialPressreleasepoint•Mar 08, 2017•Heat Biologics, Pelican Therapeutics
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