GentiBio Funding, Investors & Competitors

GentiBio has raised $177M across 2 funding rounds, most recently a $157M Series A in August 2021.

Last GentiBio funding round

$157M

Series A · Aug 2021

Cumulative funding GentiBio raised

$177M

across 2 funding rounds

Key investors in GentiBio

  • OrbiMed
  • RA Capital Management
  • Novartis Venture Fund
  • JDRF T1D Fund
  • Matrix Capital Management
  • Avidity Partners
  • Seattle Children’s

GentiBio Overview

About GentiBio

GentiBio is a Seattle-based biotechnology firm specializing in engineered regulatory T cells known as EngTregs for treating autoimmune, allergic, and inflammatory diseases. Its proprietary platform combines synthetic immunology with autologous and allogeneic cell therapies to restore immune tolerance. The company targets conditions like type 1 diabetes, lupus, and food allergies through precise genetic programming of Tregs. Launched in 2020, GentiBio collaborates with researchers from the Benaroya Research Institute and has advanced candidates into preclinical studies across multiple indications.


Founded

2020

HQ

United StatesSeattle, WA

Status

Privately held

Customer focus

B2B

Revenue model

Licensing

GentiBio Funding History

GentiBio has raised a total of $177M across 2 funding rounds.

GentiBio's first fundraising round was a $20M seed round in August 2020. The most recent completed round was a $157M Series A in August 2021.

GentiBio funding rounds

GentiBio funding rounds
DateStageInvestorsRaisedDeal Summary
Aug 2021Series AMatrix Capital Management (lead); Seattle Children’s; JDRF T1D Fund; Novartis Venture Fund; Avidity Partners; RA Capital Management; OrbiMed$157MGentiBio is a biotherapeutics company developing engineered regulatory T cells (Tregs) therapies for autoimmune, alloimmune, autoinflammatory, and allergic diseases. The company was founded in August 2020 with a $20 million seed round from OrbiMed, Novartis Venture Fund, and RA Capital Management. GentiBio's proprietary platform creates multiple, tunable Treg phenotypes from abundant autologous and allogeneic cell sources that can be manufactured at scale, addressing key limitations in existing Treg therapeutics including scalability and phenotypic inconsistency. On August 11, 2021, GentiBio closed a Series A financing round generating $157 million in immediate proceeds, led by Matrix Capital Management with participation from Avidity Partners, JDRF T1D Fund, seed investors OrbiMed, RA Capital Management, and Novartis Venture Fund, and Seattle Children's Research Institute. The Series A funding was directed toward advancing the company's Type 1 Diabetes program to the clinic alongside multiple other pipeline programs in chronic autoimmunity and autoinflammation, with the company selecting its clinical candidate for T1D and beginning IND-enabling studies before year-end 2021. By October 2022, GentiBio had announced preclinical data showing antigen-specific engineered Tregs suppressing pancreatic inflammation with potential utility for treatment and prevention of Type 1 Diabetes, and had subsequently entered into a collaboration with Bristol Myers Squibb to develop engineered Treg therapies for inflammatory bowel disease with up to $1.9 billion in potential future development and commercial milestones.
Aug 2020SeedNovartis Venture Fund (lead); OrbiMed (lead); RA Capital Management (lead)$20MGentiBio, a biotherapeutics company based in Boston with operations in Seattle and Israel, launched in August 2020 with a $20 million seed funding round co-led by Novartis Venture Fund, OrbiMed, and RA Capital Management. The company develops engineered regulatory T cells (EngTregs) to treat autoimmune, alloimmune, autoinflammatory, and allergic diseases by restoring immune tolerance and overcoming limitations in existing Treg therapeutics. GentiBio secured exclusive licensing agreements with Seattle Children’s Research Institute, Benaroya Research Institute at Virginia Mason (BRI), and MIGAL Galilee Research Institute, integrating mature technologies for antigen-specific, tunable EngTregs that enable scaled production. Co-founded by scientific pioneers including CEO Adel Nada, David Rawlings from Seattle Children’s, Jane Buckner from BRI, and Gidi Gross from MIGAL, GentiBio aims to advance novel therapeutics for diseases affecting tens of millions globally, including 23 million in the U.S. The seed funding will support building manufacturing infrastructure, early-phase clinical testing in two indications, and nonclinical research for additional programs, with plans for further fundraising in 2021. As an early-stage startup at launch, GentiBio had no reported revenue, ARR, or EBITDA around the 2020 seed round, consistent with its pre-clinical focus on platform development and licensing. The company operates in a competitive Treg cell therapy space alongside players like Sonoma Biosciences, Pandion Therapeutics, and Orca Biosciences. In 2022, GentiBio raised a $157 million Series A led by Matrix Capital Management, with participation from seed investors, bringing total funding to $177 million and advancing toward clinical trials for Type 1 diabetes.

Who has invested in GentiBio?

7 investors have backed GentiBio across its funding rounds, including OrbiMed, RA Capital Management, Novartis Venture Fund, JDRF T1D Fund, Matrix Capital Management and Avidity Partners.

Lead investors include Matrix Capital Management, Novartis Venture Fund, OrbiMed and RA Capital Management.


GentiBio Investors

Investors in GentiBio by funding rounds participated
InvestorHQRoundsRoleFirst check
Novartis Venture FundSwitzerlandBeijing2LeadAug 2020
RA Capital ManagementUnited StatesBoston, MA2LeadAug 2020
OrbiMedUnited StatesNew York City, NY2LeadAug 2020
Seattle Children’sUnited StatesUnited States1ParticipantAug 2021
JDRF T1D FundUnited StatesBoston, MA1ParticipantAug 2021

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GentiBio Competitors

GentiBio competitors include listed companies like Eli Lilly, Johnson & Johnson, AbbVie and Merck, and private ones like Biosplice Therapeutics and Biocon Biologics.

Public and private companies comparable to GentiBio
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Eli LillyUnited StatesUnited StatesPublicly listed$65B$28B$1.0T13.1x
Johnson & JohnsonUnited StatesUnited StatesPublicly listed$94B$40B$651B6.8x
AbbVieUnited StatesUnited StatesPublicly listed$61B$17B$467B8.1x
MerckUnited StatesUnited StatesPublicly listed$65B$28B$363B6.2x
Biosplice TherapeuticsUnited StatesSan Diego, CAPrivate--$12B-
Biocon BiologicsIndiaBangalorePrivate$1.1B-$4.5B4.2x

GentiBio Public Comps

GentiBio is still privately-owned, but its public comps include Eli Lilly, Johnson & Johnson, AbbVie, Merck, Roche, Novartis, AstraZeneca, Amgen, Novo Nordisk and Gilead Sciences.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Eli Lilly$65B$28B16.5x13.1x38.7x27.0x
Johnson & Johnson$94B$40B7.2x6.8x17.0x18.3x
AbbVie$61B$17B8.7x8.1x30.6x17.6x
Merck$65B$28B6.3x6.2x14.7x21.0x
Roche$77B$26B5.0x4.9x14.6x12.4x
Novartis$57B$22B5.5x5.5x14.2x13.3x
AstraZeneca$59B$19B4.8x4.5x14.6x12.7x
Amgen$37B$17B6.8x6.5x14.8x14.4x

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Common questions about GentiBio

When was GentiBio founded?GentiBio was founded in 2020.
Where is GentiBio headquartered?GentiBio is headquartered in Seattle, WA, United States.
Is GentiBio publicly listed?No, GentiBio is a private, VC-backed company.
How much funding has GentiBio raised?GentiBio has raised $177M across 2 funding rounds.
What was GentiBio's last funding round?GentiBio's last funding round was a $157M Series A in August 2021, led by Matrix Capital Management.
Who are GentiBio's investors?GentiBio's investors include Novartis Venture Fund, RA Capital Management, OrbiMed, Seattle Children’s, JDRF T1D Fund, Avidity Partners and Matrix Capital Management.
Which companies are comparable to GentiBio?Companies comparable to GentiBio include Eli Lilly, Johnson & Johnson, AbbVie, Merck, Biosplice Therapeutics and Biocon Biologics.

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