SQZBiotech - About the company
SQZBiotech is an acquired company based in Boston (United States), founded in 2013 by Armon Sharei. It operates as a Developer of cell therapies to treat multiple diseases. SQZBiotech has raised $168M in funding from investors like Polaris Partners, Temasek and Invus. The company has 3305 active competitors, including 1129 funded and 778 that have exited. Its top competitors include companies like Jazz Pharmaceuticals, Sana Biotechnology and Senti Bio.
Company Details
Developer of cell therapies to treat multiple diseases. The company uses proprietary Cell Squeeze technology to deliver multiple biological materials into many cell types to engineer for therapeutic applications. The company has developed a pipeline for Oncology, Autoimmune and Infectious diseases.
- Website
- sqzbiotech.com
Key Metrics
Founded Year
2013
Location
Boston, United States
Stage
Acquired
Total Funding
$168M in 17 rounds
Latest Funding Round
Investors
Ranked
92nd among 3305 active competitors
Employee Count
50 - 199 as on Mar 01, 2026
Similar Companies
Exit Details
Acquired by Stem Cell Technologies (Feb 29, 2024)
Legal entities associated with SQZBiotech
SQZBiotech is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SQZ BIOTECHNOLOGIES CO CIN: 1604477 , United States, Active | Mar 21, 2013 | $10M - $50M (As on Dec 31, 2022) | - | - |
Sqz Biotechnologies Company CIN: 462431115 , United States, Active | - | 1 (As on Dec 31, 2023) | - |
SQZBiotech's acquisition details
SQZBiotech got acquired by Stem Cell Technologies on Feb 29, 2024.
Click here to take a look at SQZBiotech's acquisition in detail
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SQZBiotech's funding and investors
SQZBiotech has raised a total funding of $168M over 17 rounds. Its latest funding round was a Grant (prize money) round on Mar 21, 2022 for $*****. 1 investor participated in its latest round. SQZBiotech has 28 institutional investors.
Here is the list of recent funding rounds of SQZBiotech:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 21, 2022 | 2300836 | Grant (prize money) | 1736870 | 3299327 | 6880419 | 1325764 |
Mar 14, 2022 | 9817637 | Grant (prize money) | 7695193 | 7641955 | 5295783 | |
May 18, 2020 | 4414503 | Series D | 3948153 | 5090373 |
View details of SQZBiotech's funding rounds and investors
SQZBiotech's founders and board of directors
Founder? Claim ProfileThe founders of SQZBiotech is Armon Sharei.
Here are the details of SQZBiotech's key team members:
- Armon Sharei: CEO of SQZBiotech. Contact Info: 1 email address
View details of SQZBiotech's Founder profiles and Board Members
SQZBiotech's employee count trend
SQZBiotech has 50 - 199 employees as of Mar 26. Here is SQZBiotech's employee count trend over the years:
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SQZBiotech's Competitors and alternates
Top competitors of SQZBiotech include Jazz Pharmaceuticals, Sana Biotechnology and Senti Bio. Here is the list of Top 10 competitors of SQZBiotech, 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 | Sana Biotechnology 2018, Seattle (United States), Public | Developer of engineered cell therapies for treating various human diseases | $821M | 75/100 | |
3rd | Senti Bio 2016, San Francisco (United States), Public | Developer of cell and gene therapies for patients living with incurable diseases | $158M | 72/100 | |
4th | Ideaya Biosciences 2015, San Francisco (United States), Public | Developer of oncology-focused precision medicine using molecular diagnostics | $157M | 72/100 | |
5th | Sutro Biopharma 2003, United States, Public | Developer of antibody-based therapeutics for cancer therapy | $175M | 72/100 | |
6th | Syndax 2005, Waltham (United States), Public | Developer of targeted therapies for the treatment of cancer | $198M | 72/100 | |
7th | Karyopharm 2008, Newton (United States), Public | Biopharmaceutical company focused on developing and commercializing innovative cancer therapies | $98.4M | 71/100 | |
8th | Moderna 2010, Cambridge (United States), Public | Developer of mRNA-based therapeutics for a wide range of diseases | $2.78B | 71/100 | |
9th | C4 Therapeutics 2016, Cambridge (United States), Public | Developer of small molecule drugs for treating cancer | $223M | 71/100 | |
10th | Developer of T-cell therapies for the treatment of cancer | $49.8M | 71/100 | ||
92nd | SQZBiotech 2013, Boston (United States), Acquired | Developer of cell therapies to treat multiple diseases | $168M | 63/100 |
Looking for more details on SQZBiotech's competitors? Click here to see the top ones
SQZBiotech's Investments and acquisitions
SQZBiotech has made no investments or acquisitions yet.
Reports related to SQZBiotech
Here is the latest report on SQZBiotech's geography:
News related to SQZBiotech
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STEMCELL Technologies Announces Successful Asset Purchase Agreement with SQZ Biotechnologies CompanyStem Cell Technologies•Mar 26, 2024•SQZBiotech, Stem Cell Technologies
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Asset Sale and Plan of Liquidation and Dissolution Approved by SQZB ShareholdersBusiness Wire•Mar 01, 2024•SQZBiotech
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SQZ founder Armon Sharei opens Portal to to simplify intracellular deliveryFierce Biotech•Dec 12, 2023•Portal, SQZBiotech
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SQZ Biotechnologies Reports Third Quarter 2023 Financial Results and Recent Portfolio UpdatesBusiness Wire•Nov 09, 2023•SQZBiotech
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SQZ Biotechnologies Reports Second Quarter 2023 Financial Results and Recent Portfolio UpdatesBusiness Wire•Aug 11, 2023•SQZBiotech
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SQZ Biotechnologies Provides Update on Collaboration with RocheBusiness Wire•Jul 25, 2023•Roche, SQZBiotech
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NYSE to Commence Delisting Proceedings Against SQZ Biotechnologies Company (SQZ)Business Wire•Jul 04, 2023•SQZBiotech, NYSE
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SQZ Biotechnologies Reports First Quarter 2023 Financial Results and Recent Portfolio UpdatesBusiness Wire•May 11, 2023•SQZBiotech
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