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- AmplifyBio
AmplifyBio Valuation, Funding & Investors
AmplifyBio is valued at $280M as of November 2023.
Last AmplifyBio valuation
$280M
Undisclosed stage · Nov 2023
Last AmplifyBio funding round
$50M
Undisclosed stage · Nov 2023
Cumulative funding AmplifyBio raised
$230M
across 3 funding rounds
Key investors in AmplifyBio
Narya Capital
Battelle
Viking Capital
About AmplifyBio
AmplifyBio is a Columbus Ohio-headquartered biotechnology firm advancing cell and gene therapies through integrated drug development services. The company offers preclinical testing, manufacturing, and analytics in a 200,000-square-foot facility. AmplifyBio supports therapies targeting oncology, rare diseases, and neurology. Launched in 2021 by former Battelle executives, it accelerates candidates from discovery to IND submission.
Founded
2021
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Services
Valuation
$280M (Nov 2023)
Sectors
AmplifyBio Valuation
AmplifyBio is currently valued at $280M, based on its undisclosed-stage round in November 2023.
AmplifyBio's valuation has moved from $280M at its undisclosed-stage round in June 2022 to $280M in November 2023, across 2 priced rounds.
AmplifyBio valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Nov 2023 | Undisclosed stage | $280M |
| Jun 2022 | Undisclosed stage | $280M |
AmplifyBio Funding History
AmplifyBio has raised a total of $230M across 3 funding rounds.
AmplifyBio's first fundraising round was a $80M undisclosed-stage round in May 2021. The most recent completed round was a $50M undisclosed-stage round in November 2023.
AmplifyBio funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Nov 2023 | Undisclosed stage | - | $50M | $280M | AmplifyBio is a drug development company headquartered in New Albany, OH, founded in 2020, providing preclinical and clinical services in the biotech sector with over 400 employees. It operates state-of-the-art facilities including a 200,000 sq ft GLP lab for drug development, pre-clinical models, and support services, focusing on advancing translational science, cell and gene therapies, and next-generation medicines. The company spun out from Battelle and combines expertise from cross-integrated teams and partners to bridge laboratory research and real-world applications. In its latest funding round around November 2023, AmplifyBio raised approximately $50 million in a Growth or Unattributed VC - II round, led by Vitrian with participation from Safar Partners. The funds are intended to accelerate product development, expand the team, scale operations globally, enhance facilities, explore new therapeutic avenues, and refine pre-clinical models. Previous funding includes a $100M round in June 2022 and earlier rounds, bringing total raised to about $349.75M over multiple rounds from investors like Casdin Capital, Hercules Capital, Battelle Memorial Institute, Narya Capital, and Viking Capital Investments. This Growth round demonstrates strong investor confidence in AmplifyBio's execution and growth potential in the biotech industry, positioning it among notable players. |
| Jun 2022 | Undisclosed stage | - | $100M | $280M | AmplifyBio is a drug development company based in New Albany, OH, founded in 2020, providing preclinical and clinical services with over 400 employees in the biotech category. It specializes in advancing translational science, cell and gene therapies, and next-generation medicines through state-of-the-art GLP labs spanning 200,000 sq ft for drug development, preclinical models, and support services. The company originated as a Battelle spinoff focused on cell and gene therapy. In a Growth funding round around June 2022, AmplifyBio raised $50M led by Vitrian with participation from Safar Partners, achieving a post-money valuation of $280M. Proceeds were allocated to accelerate product development, expand the team, and scale operations globally, including a new manufacturing enablement center in New Albany, Ohio. A related $100M round was filed on June 29, 2022, contributing to the company's cumulative fundraising exceeding $300M by later dates. AmplifyBio's funding trajectory continued post-2022 with additional rounds, including a $49.75M Unattributed VC - II in November 2023, bringing total raised to approximately $349.75M across multiple investors like Casdin Capital and Hercules Capital. The company operates in a competitive Ohio biotech ecosystem alongside peers like Forge Biologics. |
| May 2021 | Undisclosed stage | Battelle; Viking Capital; Narya Capital | $80M | - | AmplifyBio, a drug development company providing preclinical and clinical services based in New Albany, OH, founded in 2020, raised $80 million in a funding round announced via initial filing on May 27, 2021, matching the specified investors Battelle Memorial Institute, Narya Capital, and Viking Capital Investments. This appears to be an early-stage round, listed among its series A or unattributed VC activities, with total funding across multiple rounds reaching $349.75M by later dates. AmplifyBio spun out from Battelle and expanded in the health and life sciences cluster, contributing to local economic growth with job creation. The company grew to over 400 employees and pursued global scaling, though a 2025 bankrupt/admin round indicates later challenges. A later regulatory filing in 2022 for $100M was clarified as a final payment, not new funding. Investors like Casdin Capital participated in subsequent rounds including unattributed VC in 2022 and 2023. |
Who has invested in AmplifyBio?
3 investors have backed AmplifyBio across its funding rounds, including Narya Capital, Battelle and Viking Capital.
AmplifyBio Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | May 2021 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by AmplifyBio
AmplifyBio has acquired 1 company to date.
Last acquisition by AmplifyBio was on October 3rd 2022. AmplifyBio acquired PACT Pharma (selected assets) for undisclosed valuation.
Latest Acquisitions by AmplifyBio
| Description | - |
| HQ Country | |
| HQ City | - |
| Deal Date | 3 Oct 2022 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all AmplifyBio acquisitions and their M&A valuation multiples. Start Free Trial | |
AmplifyBio Competitors
AmplifyBio competitors include listed companies like Antibiotice, Polaris Group, Tiansheng Pharmaceutical and Racura Oncology, and private ones like GC Therapeutics and City Therapeutics.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $280M | - | ||
| Private | - | - | $281M | - | ||
| Publicly listed | $141M | $26M | $279M | - | ||
| Publicly listed | $1M | ($111M) | $279M | - | ||
| Publicly listed | $77M | $10M | $282M | - | ||
| Publicly listed | $2M | ($8M) | $282M | 127.8x |
AmplifyBio Public Comps
AmplifyBio is still privately-owned, but its public comps include Antibiotice, Polaris Group, Tiansheng Pharmaceutical, Racura Oncology, PegBio, Northwest Biotherapeutics, Duopharma Biotech, Transgene, Pyxis Oncology and Cue Biopharma.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $141M | $26M | 2.5x | - | 13.8x | - | |||
| $1M | ($111M) | 220.1x | - | (2.5x) | - | |||
| $77M | $10M | 3.8x | - | 30.3x | - | |||
| $2M | ($8M) | 127.8x | 127.8x | (31.7x) | (74.9x) | |||
| - | ($31M) | - | - | (7.1x) | - | |||
| $1M | ($50M) | 252.9x | - | (7.0x) | (5.7x) | |||
| $228M | $44M | 1.4x | 1.4x | 7.6x | 6.9x | |||
| $564K | ($40M) | 261.2x | 17.1x | (3.7x) | (3.4x) | |||
This data is available for Pro users. Sign up to see all AmplifyBio competitors and their valuation data. Start Free Trial | ||||||||
Common questions about AmplifyBio
| When was AmplifyBio founded? | AmplifyBio was founded in 2021. |
| Where is AmplifyBio headquartered? | AmplifyBio is headquartered in Columbus, OH, United States. |
| Is AmplifyBio publicly listed? | No, AmplifyBio is a private, VC-backed company. |
| What is AmplifyBio's valuation? | AmplifyBio was last valued at $280M in its undisclosed-stage round in November 2023. |
| How much funding has AmplifyBio raised? | AmplifyBio has raised $230M across 3 funding rounds. |
| What was AmplifyBio's last funding round? | AmplifyBio's last funding round was a $50M undisclosed-stage round in November 2023. |
| Who are AmplifyBio's investors? | AmplifyBio's investors include Battelle, Viking Capital and Narya Capital. |
| Which companies are comparable to AmplifyBio? | Companies comparable to AmplifyBio include GC Therapeutics, City Therapeutics, Antibiotice, Polaris Group, Tiansheng Pharmaceutical and Racura Oncology. |
| How many companies has AmplifyBio acquired? | AmplifyBio has acquired 1 company, including PACT Pharma (selected assets). |
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