Veralox Therapeutics - About the company
Veralox Therapeutics is a series B company based in Frederick (United States), founded in 2017 by David Maloney. It operates as a Developer of small molecules for treating thrombosis and diabetes pathologies. Veralox Therapeutics has raised $47.5M in funding from investors like Hatteras Venture Partners, VTC Innovation Fund and T1D Fund. The company has 2707 active competitors, including 934 funded and 665 that have exited. Its top competitors include companies like Jazz Pharmaceuticals, Sana Biotechnology and Ideaya Biosciences.
Company Details
Veralox Therapeutics is developing small molecule therapeutics for targeting pathways related to the pathologies of thrombosis and type 1 diabetes. The company is developing small molecules to target arachidonic acid (AA) pathway protein 12-lipoxygenase required for the production of 12-HETE involved in the development of multiple diseases.
- Website
- veralox.com
- Email ID
- *****@veralox.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2017
Location
Frederick, United States
Stage
Series B
Total Funding
$47.5M in 6 rounds
Latest Funding Round
Investors
Ranked
84th among 2707 active competitors
Employee Count
6 as on Dec 31, 2021
Similar Companies
Legal entities associated with Veralox Therapeutics
Veralox Therapeutics is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
VERALOX THERAPEUTICS INC. CIN: 82-3072071 , United States, Active | May 03, 2018 | - | 6 (As on Dec 31, 2021) | - |
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Veralox Therapeutics's funding and investors
Veralox Therapeutics has raised a total funding of $47.5M over 6 rounds. Its first funding round was on Sep 07, 2018. Its latest funding round was a Series B round on Jun 21, 2023 for $*****. 6 investors participated in its latest round. Veralox Therapeutics has 15 institutional investors.
Here is the list of recent funding rounds of Veralox Therapeutics:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 21, 2023 | 4771271 | Series B | 1605576 | 2235083 | 6998285 | 9827369 |
Jun 16, 2021 | 5589007 | Series A | 5816212 | 1459275 | 1224680 | |
Jan 01, 2020 | 5810993 | Grant (prize money) | 1798230 | 9226777 | 7802622 |
View details of Veralox Therapeutics's funding rounds and investors
Veralox Therapeutics' founders and board of directors
Founder? Claim ProfileThe founders of Veralox Therapeutics is David Maloney.
Here are the details of Veralox Therapeutics' key team members:
- David Maloney: Co-Founder of Veralox Therapeutics and founder of 1 other company. Contact Info: 1 email address
View details of Veralox Therapeutics's Founder profiles and Board Members
Veralox Therapeutics' employee count trend
Veralox Therapeutics has 6 employees as of Dec 21. The total employee count is 100.0% more than what it was in Dec 20. Here is Veralox Therapeutics's employee count trend over the years:
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Veralox Therapeutics's Competitors and alternates
Top competitors of Veralox Therapeutics include Jazz Pharmaceuticals, Sana Biotechnology and Ideaya Biosciences. Here is the list of Top 10 competitors of Veralox 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 | Sana Biotechnology 2018, Seattle (United States), Public | Developer of engineered cell therapies for treating various human diseases | $821M | 74/100 | |
3rd | Ideaya Biosciences 2015, San Francisco (United States), Public | Developer of oncology-focused precision medicine using molecular diagnostics | $157M | 73/100 | |
4th | Sutro Biopharma 2003, United States, Public | Developer of antibody-based therapeutics for cancer therapy | $175M | 72/100 | |
5th | Syndax 2005, Waltham (United States), Public | Developer of targeted therapies for the treatment of cancer | $198M | 72/100 | |
6th | Karyopharm 2008, Newton (United States), Public | Biopharmaceutical company focused on developing and commercializing innovative cancer therapies | $98.4M | 72/100 | |
7th | Developer of T-cell therapies for the treatment of cancer | $49.8M | 71/100 | ||
8th | C4 Therapeutics 2016, Cambridge (United States), Public | Developer of small molecule drugs for treating cancer | $223M | 71/100 | |
9th | Developer of bi-specific antibodies & antibody-drug conjugates to treat cancer | $146M | 71/100 | ||
10th | Erasca 2018, San Diego (United States), Public | Developer of small molecule based therapeutics for cancer | $300M | 71/100 | |
84th | Veralox Therapeutics 2017, Frederick (United States), Series B | Developer of small molecules for treating thrombosis and diabetes pathologies | $47.5M | 63/100 |
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Veralox Therapeutics's Investments and acquisitions
Veralox Therapeutics has made no investments or acquisitions yet.
Reports related to Veralox Therapeutics
Here is the latest report on Veralox Therapeutics's geography:
News related to Veralox Therapeutics
Media has covered Veralox Therapeutics for a total of 2 events in the last 1 year.
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RapidPulse Launches with $15M for Ischemic Stroke TherapyHIT Consultant•Jun 23, 2021•RapidPulse, Sante, Epidarex Capital, Hatteras Venture Partners and 10 others
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Veralox Therapeutics Announces FDA Orphan Drug Designation for VLX-1005Business Wire•Jan 26, 2021•Veralox Therapeutics
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Veralox Therapeutics Raises $5.4M in Seed FundingFinSMEs•Sep 05, 2019•Veralox Therapeutics, T1D Fund, Sanofi Ventures, VTC Innovation Fund and 6 others
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