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- Rivus Pharmaceuticals
Rivus Pharmaceuticals Valuation, Funding & Investors
Rivus Pharmaceuticals is valued at $489M as of January 2025.
Last Rivus Pharmaceuticals valuation
$489M
Undisclosed stage · Jan 2025
Last Rivus Pharmaceuticals funding round
$57M
Undisclosed stage · Jan 2025
Cumulative funding Rivus Pharmaceuticals raised
$290M
across 4 funding rounds
Key investors in Rivus Pharmaceuticals
Longitude Capital
Medicxi
RxCapital
RA Capital Management
Bain Capital
BB Biotech Ventures
About Rivus Pharmaceuticals
Rivus Pharmaceuticals is a San Diego-based biopharma company developing controlled metabolic accelerators for cardio-metabolic diseases. Its lead candidate targets obesity and heart failure by modulating fat metabolism. Clinical trials in phase 2 enroll patients across the US and Europe.
Founded
2019
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Licensing
Valuation
$489M (Jan 2025)
Sectors
Rivus Pharmaceuticals Valuation
Rivus Pharmaceuticals is currently valued at $489M, based on its undisclosed-stage round in January 2025.
Rivus Pharmaceuticals valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jan 2025 | Undisclosed stage | $489M |
Rivus Pharmaceuticals Funding History
Rivus Pharmaceuticals has raised a total of $290M across 4 funding rounds.
Rivus Pharmaceuticals' first fundraising round was a $35M Series A in July 2021. The most recent completed round was a $57M undisclosed-stage round in January 2025.
Rivus Pharmaceuticals funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2025 | Undisclosed stage | - | $57M | $489M | Rivus Pharmaceuticals is a clinical-stage biopharmaceutical company based in Charlottesville, Virginia, focused on developing Controlled Metabolic Accelerators (CMAs), a new class of oral, once-daily small molecule therapeutics to improve cellular metabolism and treat cardio-metabolic diseases including type 2 diabetes, severe hypertriglyceridemia, non-alcoholic steatohepatitis, obesity, and heart failure with reduced ejection fraction. The company's lead candidate, HU6, aims to address obesity and related disorders by reducing fat while sparing muscle mass, showing promise in Phase 2a trials for patients with obesity and diabetic myopathy. On January 16, 2025, Rivus closed a later stage VC funding round raising $57 million from undisclosed investors, bringing total funding raised to $224 million across rounds. This followed a $132 million Series B in September 2022 led by RA Capital Management, with participation from Bain Capital Life Sciences, BB Biotech AG, and prior investors Longitude Capital, Medicxi, and RxCapital; proceeds from the Series B supported HU6 clinical advancement. The January 2025 round aligns with a post-money valuation of $489 million as of that date, yielding a capital efficiency ratio of 2.18x (valuation over total funding raised). One source notes a Series B-2 valuation of approximately $506.82 million in January 2025, but the $489 million figure is tied directly to the funding timeline. Investors continue to back Rivus for its differentiated approach in the obesity and cardio-metabolic market amid recent sector successes. |
| Sep 2024 | Undisclosed stage | - | $66M | - | Rivus Pharmaceuticals is a clinical-stage biopharmaceutical company developing Controlled Metabolic Accelerators (CMAs), a new class of oral, once-daily small molecule therapeutics to improve cellular metabolism and treat cardio-metabolic diseases including obesity, type 2 diabetes, severe hypertriglyceridemia, non-alcoholic steatohepatitis, and cardiovascular conditions like heart failure with reduced ejection fraction. The company's lead candidate, HU6, demonstrated encouraging Phase 2a results with significant fat reduction while sparing muscle mass, improvements in liver fat (30-40% reductions), glycemic control, blood pressure, and inflammatory markers, and was well-tolerated with no serious adverse events. Around September 16, 2024, Rivus closed a Series C funding round. This follows a $132 million Series B in September 2022 led by RA Capital Management with Bain Capital Life Sciences, BB Biotech AG, Longitude Capital, Medicxi, and RxCapital, which supported HU6 clinical advancement. Investors in prior rounds include Medicxi Ventures and Longitude Capital. The company has raised a total of approximately $224-290 million across multiple rounds, with a later Series D of $57 million on January 16, 2025. |
| Sep 2022 | Series B | RA Capital Management (lead); RxCapital; BB Biotech Ventures; Bain Capital; Medicxi; Longitude Capital | $132M | - | Rivus Pharmaceuticals is a clinical-stage biopharmaceutical company based in Charlottesville, Virginia, focused on improving cardio-metabolic health through Controlled Metabolic Accelerators (CMAs), a new class of oral, once-daily small molecule therapeutics. These CMAs harness mitochondrial uncoupling to improve cellular metabolism, targeting obesity and related conditions such as type 2 diabetes, severe hypertriglyceridemia, non-alcoholic steatohepatitis (NASH), heart failure with preserved ejection fraction (HFpEF), and nonalcoholic fatty liver disease (NAFLD). The lead candidate, HU6, demonstrated significant fat reduction while sparing muscle mass in a Phase 2a metabolic study released earlier in 2022. On September 22, 2022, Rivus closed a $132 million Series B financing round led by RA Capital Management, with participation from Bain Capital Life Sciences, BB Biotech AG (via BB Biotech Ventures), and existing Series A investors Longitude Capital, Medicxi, and RxCapital. Derek DiRocco from RA Capital joined the board as a director. The funds are designated to advance the clinical development of HU6 for obesity and cardio-metabolic disorders. |
| Jul 2021 | Series A | Longitude Capital (lead); Medicxi (lead); RxCapital | $35M | - | Rivus Pharmaceuticals is a clinical-stage biopharmaceutical company founded in 2019 and based in Charlottesville, Virginia, dedicated to improving cardio-metabolic health through a novel class of therapies called Controlled Metabolic Accelerators (CMAs). The company's lead candidate, HU6, is a first-in-class oral small molecule designed to treat cardio-metabolic disease by activating mitochondrial uncoupling, a natural process that generates heat to selectively reduce fat and improve cellular metabolism. The company's pipeline addresses obesity, type 2 diabetes, severe hypertriglyceridemia, non-alcoholic steatohepatitis (NASH), and cardiovascular conditions including heart failure with reduced ejection fraction. In July 2021, Rivus launched with a $35 million Series A financing round led by Longitude Capital and Medicxi, with participation from RxCapital. At the time of the Series A, the company had recently completed its Phase 1 program for HU6, with results demonstrating early positive impact on key metabolic parameters while being well-tolerated. The funding was intended to support advancement toward Phase 2 clinical studies to evaluate HU6's efficacy in specific metabolic and cardiovascular disease indications. As a clinical-stage biotech at the time of the Series A round, Rivus Pharmaceuticals generated no commercial revenue. The company subsequently advanced its development pipeline, raising an additional $132 million Series B in September 2022 led by RA Capital Management, with participation from Bain Capital Life Sciences, BB Biotech AG, and returning investors. By February 2023, the company reported Phase 2a data showing HU6 reduced liver fat in NASH patients and provided evidence of improvements in metabolic parameters related to type 2 diabetes and heart failure, supporting progression to Phase 2b studies in obesity. |
Who has invested in Rivus Pharmaceuticals?
6 investors have backed Rivus Pharmaceuticals across its funding rounds, including Longitude Capital, Medicxi, RxCapital, RA Capital Management, Bain Capital and BB Biotech Ventures.
Lead investors include RA Capital Management, Longitude Capital and Medicxi.
Rivus Pharmaceuticals Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | Jul 2021 | ||
| 2 | Lead | Jul 2021 | ||
| 2 | Lead | Jul 2021 | ||
| 1 | Participant | Sep 2022 | ||
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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 TrialRivus Pharmaceuticals Competitors
Rivus Pharmaceuticals competitors include listed companies like TransThera Sciences, Puma Biotechnology, Avacta Group and Arcturus Therapeutics, and private ones like Chongqing Yuyan and LYNK Pharmaceuticals.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | - | ($44M) | $488M | - | ||
| Publicly listed | $228M | $49M | $492M | 2.0x | ||
| Private | - | - | $485M | - | ||
| Publicly listed | $152K | ($38M) | $495M | 184.3x | ||
| Private | - | - | $496M | - | ||
| Publicly listed | $67M | ($73M) | $481M | 8.7x |
Rivus Pharmaceuticals Public Comps
Rivus Pharmaceuticals is still privately-owned, but its public comps include TransThera Sciences, Puma Biotechnology, Avacta Group, Arcturus Therapeutics, Contineum Therapeutics, Onconic Therapeutics, Boiron, Kamada, Ever Supreme Bio Technology and Synmosa Biopharma.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| - | ($44M) | - | - | (9.5x) | - | |||
| $228M | $49M | 1.8x | 2.0x | 8.2x | - | |||
| $152K | ($38M) | 3242.0x | 184.3x | (13.0x) | (14.4x) | |||
| $67M | ($73M) | 4.7x | 8.7x | (4.3x) | (3.4x) | |||
| - | ($68M) | - | 74.7x | (3.9x) | (3.7x) | |||
| $39M | $9M | 11.7x | - | 48.5x | - | |||
| $577M | $83M | 0.8x | - | 5.3x | - | |||
| $180M | $37M | 2.5x | 2.3x | 11.9x | 9.2x | |||
This data is available for Pro users. Sign up to see all Rivus Pharmaceuticals competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Rivus Pharmaceuticals
| When was Rivus Pharmaceuticals founded? | Rivus Pharmaceuticals was founded in 2019. |
| Where is Rivus Pharmaceuticals headquartered? | Rivus Pharmaceuticals is headquartered in Charlottesville, VA, United States. |
| Is Rivus Pharmaceuticals publicly listed? | No, Rivus Pharmaceuticals is a private, VC-backed company. |
| What is Rivus Pharmaceuticals' valuation? | Rivus Pharmaceuticals was last valued at $489M in its undisclosed-stage round in January 2025. |
| How much funding has Rivus Pharmaceuticals raised? | Rivus Pharmaceuticals has raised $290M across 4 funding rounds. |
| What was Rivus Pharmaceuticals' last funding round? | Rivus Pharmaceuticals' last funding round was a $57M undisclosed-stage round in January 2025. |
| Who are Rivus Pharmaceuticals' investors? | Rivus Pharmaceuticals' investors include RxCapital, Medicxi, Longitude Capital, BB Biotech Ventures, RA Capital Management and Bain Capital. |
| Which companies are comparable to Rivus Pharmaceuticals? | Companies comparable to Rivus Pharmaceuticals include TransThera Sciences, Puma Biotechnology, Chongqing Yuyan, Avacta Group, LYNK Pharmaceuticals and Arcturus Therapeutics. |
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