Spark Therapeutics - About the company
Spark Therapeutics is an acquired company based in Philadelphia (United States), founded in 2013 by Katherine High, Fraser Wright and Jeffrey Marrazzo. It operates as a Developer of gene therapy for rare diseases. Spark Therapeutics has raised $82.8M in funding from Sofinnova Investments, with last known valuation of $*****. The company has 780 active competitors, including 264 funded and 220 that have exited. Its top competitors include companies like Alnylam, BridgeBio and Alexion.
Company Details
Developer of gene therapy for rare diseases. It offers engineered adeno associated viruses to deliver the target gene sequence to the patient for RPE-65 mediated inherited retinal dystrophies. The company is also developing therapies for choroideremia, hemophilia A&B, and neurodegenerative diseases such as Batten's disease.
- Website
- sparktx.com
Key Metrics
Founded Year
2013
Location
Philadelphia, United States
Stage
Acquired
Total Funding
$82.8M in 2 rounds
Latest Funding Round
Last Known Valuation
$***** as on Feb 22, 2019
Investors
Ranked
4th among 780 active competitors
Annual Revenue
$50M - $100M as on Dec 31, 2018
Employee Count
826 as on May 22, 2025
Exit Details
Acquired by Roche (Feb 22, 2019)
Legal entities associated with Spark Therapeutics
Spark Therapeutics is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Spark Therapeutics, Inc. CIN: 1609351 , United States, Active | Mar 12, 2013 | $50M - $100M (As on Dec 31, 2018) | 822 (As on Dec 31, 2021) | - |
Spark Therapeutics's acquisition details
Click here to take a look at Spark Therapeutics's acquisition in detail
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Spark Therapeutics's funding and investors
Spark Therapeutics has raised a total funding of $82.8M over 2 rounds. Its first funding round was on Oct 22, 2013. Its latest funding round was a Series B round on May 23, 2014 for $*****. 6 investors participated in its latest round. Spark Therapeutics has 8 institutional investors.
Here is the list of recent funding rounds of Spark Therapeutics:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 23, 2014 | 1868053 | Series B | 8284845 | 5524749 | 5475936 | 9319998 |
Oct 22, 2013 | 9609346 | Series A | 9169874 | 4881317 | 1537136 |
View details of Spark Therapeutics's funding rounds and investors
Spark Therapeutics' founders and board of directors
Founder? Claim ProfileHere are the details of Spark Therapeutics' key team members:
- Katherine High: Co-Founder & CSO, MD of Spark Therapeutics. They are also an angel investor in 1 startup.
- Fraser Wright: Co-Founder and Chief Technology Advisor / Officer of Spark Therapeutics.
- Jeffrey Marrazzo: Co-Founder & CEO of Spark Therapeutics.
View details of Spark Therapeutics's Founder profiles and Board Members
Spark Therapeutics' employee count trend
Spark Therapeutics has 826 employees as of May 25. Here is Spark Therapeutics's employee count trend over the years:
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Spark Therapeutics's Competitors and alternates
Top competitors of Spark Therapeutics include Alnylam, BridgeBio and Alexion. Here is the list of Top 10 competitors of Spark Therapeutics, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Alnylam 2002, Cambridge (United States), Public | Developer of RNA interference-based therapeutics for multiple disorders | $17M | 79/100 | |
2nd | BridgeBio 2015, Palo Alto (United States), Acquired | Developer of therapeutics for the treatment of genetic diseases | $434M | 79/100 | |
3rd | Alexion 1992, Zurich (Switzerland), Acquired | Developer of therapies for patients with devastating and rare diseases | $133M | 79/100 | |
4th | Spark Therapeutics 2013, Philadelphia (United States), Acquired | Developer of gene therapy for rare diseases | $82.8M | 74/100 | |
5th | Sana Biotechnology 2018, Seattle (United States), Public | Developer of genetically engineered cell therapies for multiple disorders | $821M | 75/100 | |
6th | Ultragenyx 2010, Novato (United States), Acquired | Developer of therapeutics for the treatment of rare and ultra-rare metabolic diseases | $135M | 71/100 | |
7th | Fulcrum Therapeutics 2015, Cambridge (United States), Public | Developing small molecules for control mechanisms and genes regulation for the treatment of rare diseases | $115M | 70/100 | |
8th | Strand Therapeutics 2017, Cambridge (United States), Series B | Provider of platform to deliver mRNA therapeutics for multi functional treatments | $256M | 70/100 | |
9th | Insitro 2018, San Francisco (United States), Series C | Developer of machine learning platform for drug discovery and development | $643M | 70/100 | |
10th | Forge Biologics 2020, Columbus (United States), Acquired | Developer of gene therapeutic solutions for treating multiple diseases | $330M | 70/100 |
Looking for more details on Spark Therapeutics's competitors? Click here to see the top ones
Spark Therapeutics's Investments and acquisitions
Spark Therapeutics has made 1 investment in CombiGene and acquired Genable Technologies.News related to Spark Therapeutics
Media has covered Spark Therapeutics for a total of 6 events in the last 1 year, 2 of them have been about company updates and 1 about people movement.
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Amgen Ventures joins $141M Series B for Italian gene therapy biotech AAVantgardeEndpoints•Nov 03, 2025•AAVantgarde Bio, Amgen, XGEN Venture, Neva SGR and 11 others
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SparX Biopharmaceutical to Present Clinical Updates of SPX-303 at AACR 2025PR Newswire•Apr 19, 2025•Spark Therapeutics
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Lexeo Discloses Heart Drug Data; Spark Layoffs AnnouncedEndPoints News•Apr 07, 2025•LEXEO Therapeutics, Spark Therapeutics
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Roche Layoffs in Santa Clara: Over 100 Jobs CutThe Business Journals•Apr 02, 2025•Roche, Spark Therapeutics
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Pfizer shelves haemophilia gene therapy Beqvez amid low demandPharmaceutical Technology•Feb 21, 2025•Pfizer, Spark Therapeutics
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CombiGene positive to new license agreement for CG01Cision•Jun 26, 2024•Spark Therapeutics, CombiGene
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Entrada Therapeutics announces $100M registered direct offeringSeeking Alpha•Jun 24, 2024•Entrada Therapeutics, NeuroBo Pharmaceuticals, Vico, Takeda and 3 others
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