Prometheus Biosciences - About the company
Prometheus Biosciences is an acquired company based in San Diego (United States), founded in 2016 by Scott L Glenn and Stephan Targan. It operates as a Developer of drugs for gastrointestinal diseases. Prometheus Biosciences has raised $130M in funding from Eventide Funds and RTW Investments, with last known valuation of $*****. The company has 59 active competitors, including 25 funded and 11 that have exited. Its top competitors include companies like Quell, Enveda and Kanvas Biosciences.
Company Details
Prometheus Biosciences is developing drugs for gastrointestinal diseases. The company has clinical biobank with medical records that have enabled the identification of targets for the treatment of patients with biomarker-defined subclinical GI phenotypes. The company is mainly focused on bowel-related diseases. The pipelined products are currently in the clinical trial phage.
- Website
- prometheusbiosciences.com
- Email ID
- *****@prometheusbiosciences.com
- Phone Number
- +1 **********
- Registered Address
- San Diego, California
Key Metrics
Founded Year
2016
Location
San Diego, United States
Stage
Acquired
Total Funding
$130M in 1 round
Latest Funding Round
Last Known Valuation
$***** as on Mar 11, 2021
Investors
Ranked
14th among 59 active competitors
Annual Revenue
$1M - $10M as on Dec 31, 2022
Employee Count
10 - 49 as on Mar 01, 2026
Exit Details
Acquired by Merck (Apr 16, 2023)
Legal entities associated with Prometheus Biosciences
Prometheus Biosciences is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Prometheus Biosciences, Inc. CIN: 1718852 , United States, Active | Oct 09, 2017 | $1M - $10M (As on Dec 31, 2022) | - | - |
PRECISION IBD, INC. CIN: 814282653 , United States, Active | Dec 31, 1999 | - | 86 (As on Dec 31, 2022) | - |
Prometheus Biosciences's acquisition details
Prometheus Biosciences got acquired by Merck on Apr 16, 2023.
Click here to take a look at Prometheus Biosciences's acquisition in detail
Sign up to download Prometheus Biosciences' company profile
Prometheus Biosciences's funding and investors
Prometheus Biosciences has raised a total funding of $130M over 1 round. Its latest funding round was a Series D round on Nov 09, 2020 for $*****. 10 investors participated in its latest round. Prometheus Biosciences has 11 institutional investors.
Here is the list of recent funding rounds of Prometheus Biosciences:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 09, 2020 | 3128520 | Series D | 3733839 | 1703392 | 7451300 | 7421163 |
View details of Prometheus Biosciences's funding rounds and investors
Prometheus Biosciences' founders and board of directors
Founder? Claim ProfileThe founders of Prometheus Biosciences are Scott L Glenn and Stephan Targan.
Here are the details of Prometheus Biosciences' key team members:
- Scott L Glenn: Former Co-Founder of Prometheus Biosciences and founder of 2 other companies, GLO Pharma and Windamere Venture Partners. Contact Info: 1 email address
- Stephan Targan: Co-Founder of Prometheus Biosciences.
View details of Prometheus Biosciences's Founder profiles and Board Members
Prometheus Biosciences' employee count trend
Prometheus Biosciences has 10 - 49 employees as of Mar 26. Here is Prometheus Biosciences's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Prometheus Biosciences's Competitors and alternates
Top competitors of Prometheus Biosciences include Quell, Enveda and Kanvas Biosciences. Here is the list of Top 10 competitors of Prometheus Biosciences, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Quell 2019, London (United Kingdom), Series B | Developer of engineered regulatory T cell therapies for immune diseases | $344M | 64/100 | |
2nd | Enveda 2019, Boulder (United States), Series D | AI-based platform to decipher the chemistry of nature and develop new medicines | $517M | 63/100 | |
3rd | Kanvas Biosciences 2021, Ithaca (United States), Series A | Provider of imaging solutions for microbial research and infectious diseases | $77.5M | 63/100 | |
4th | Samsung Bioepis 2012, Incheon (South Korea), Acquired | Developer of biosimilar drugs for the treatment of multiple diseases | - | 62/100 | |
5th | Accropeutics 2017, Suzhou (China), Series C | Developer of drugs for inflammation, autoimmune diseases, and cancer | $62M | 58/100 | |
6th | MRM Health 2020, Ghent (Belgium), Series B | Developer of optimized consortia therapeutics targeting inflammatory, CNS, and metabolic diseases | $79.2M | 58/100 | |
7th | OMass Therapeutics 2016, Oxford (United Kingdom), Series B | Developer of therapeutics for immunological and orphan diseases | $166M | 57/100 | |
8th | Protagonist Therapeutics 2001, Milpitas (United States), Public | Developer of oral peptide therapeutics for gastrointestinal diseases | $67M | 56/100 | |
9th | Athos Therapeutics 2019, Torrance (United States), Series A | Developer of AI-based therapeutics for treating autoimmune diseases | $38.3M | - | 56/100 |
10th | Aclaris Therapeutics 2012, Malvern (United States), Public | Biopharmaceutical company empowering patients through therapeutic innovation in immuno-inflammatory conditions | $82M | 55/100 | |
14th | Prometheus Biosciences 2016, San Diego (United States), Acquired | Developer of drugs for gastrointestinal diseases | $130M | 54/100 |
Looking for more details on Prometheus Biosciences's competitors? Click here to see the top ones
Prometheus Biosciences's Investments and acquisitions
Prometheus Biosciences has made no investments or acquisitions yet.
Reports related to Prometheus Biosciences
Here is the latest report on Prometheus Biosciences's sector:
News related to Prometheus Biosciences
•
•
•
Merck still scouting for M&A deals, even after $10.8B takeover of PrometheusFiercepharma•Aug 02, 2023•Merck, Prometheus Biosciences
•
Merck Completes Acquisition of Prometheus Biosciences, Inc.Business Wire•Jun 17, 2023•Merck, Prometheus Biosciences
•
•
•
•
The M&A Class Action Firm Continues the Investigation of the MergerGlobeNewswire•Apr 27, 2023•Monteverde, Muncy Bank, Prometheus Biosciences, Spectrum Pharmaceuticals and 1 other
•
•
Merck’s Acquisition of Prometheus BiosciencesGlobal Legal Chronicle•Apr 19, 2023•Merck, Prometheus, Prometheus Biosciences, Merck
Are you a Founder ?
FAQs about Prometheus Biosciences
Explore our recently published companies
- Datamap - San Martin based, 2026 founded, Unfunded company
- Aveneo Home - Germany based, 2026 founded, Unfunded company
- Clickfone - Germany based, 2026 founded, Unfunded company
- Aion Systems AI - 2026 founded, Unfunded company
- Arvum Partners - 2026 founded, Unfunded company
- Anticipai - Netherlands based, 2026 founded, Unfunded company
