- Companies
- Santa Ana Bio
Santa Ana Bio Funding, Investors & Competitors
Santa Ana Bio has raised $176M across 3 funding rounds, most recently a $125M Series B in June 2024.
Last Santa Ana Bio funding round
$125M
Series B · Jun 2024
Cumulative funding Santa Ana Bio raised
$176M
across 3 funding rounds
Key investors in Santa Ana Bio
GV
Andreessen Horowitz
TPG
Versant Ventures
RTW Investments
Access Biotechnology
About Santa Ana Bio
Santa Ana Bio is a San Francisco-based biotechnology company engineering precision biologics for autoimmune diseases. The firm employs multi-omics platforms and deep cell profiling to develop targeted antibody therapies addressing inflammatory conditions.
Founded
2022
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Licensing
Santa Ana Bio Funding History
Santa Ana Bio has raised a total of $176M across 3 funding rounds.
Santa Ana Bio's first fundraising round was a $8M Series A in June 2021. The most recent completed round was a $125M Series B in June 2024.
Santa Ana Bio funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Jun 2024 | Series B | GV (lead); RTW Investments; Andreessen Horowitz; Access Biotechnology | $125M | Santa Ana Bio is a precision immunology company founded in 2022 and headquartered in Alameda, California, that develops targeted biologics for autoimmune and inflammatory diseases. The company leverages a multi-omics platform based on transcriptomics and proteomics to identify disease-specific cell subpopulations and pathogenic pathways, aiming to overcome limitations of existing commercial therapeutics such as patient heterogeneity, durability, and safety concerns. Led by CEO and immunology expert Peter Emtage, Santa Ana emerged from stealth on June 13, 2024, announcing $168 million in combined Series A and B funding. The Series A was $43 million led by founding investor Versant Ventures with TPG's Life Science Innovations fund and GV; the Series B was $125 million led by GV and included existing investors plus new participants Access Biotechnology, Andreessen Horowitz Bio + Health, and RTW Investments. The company has advanced three programs: SAB01 (c-Kit inhibitor for allergic diseases), SAB03 (PD-1 agonist for rheumatoid arthritis), and SAB05 (antibody-glucocorticoid conjugate), with clinical entry expected in 2025. As an early-stage biotech in stealth prior to launch, Santa Ana had no revenue or EBITDA at the time of the Series B round. Post-money valuation was not disclosed in any public announcement or filing. |
| Feb 2023 | Series A | Versant Ventures (lead); GV; TPG | $43M | Santa Ana Bio is an Alameda, CA-based precision immunology company developing therapeutics for autoimmune and inflammatory diseases using a multi-omics platform based on transcriptomics and proteomics to expand precision medicines to more cell types and pathways. Launched in 2022, it has advanced three programs: SAB01 (c-Kit inhibitor for allergic diseases), SAB03 (PD-1 agonist for rheumatoid arthritis), and SAB05 (antibody-glucocorticoid conjugate ADC). The company raised $168M in combined Series A and Series B funding, with founding investor Versant Ventures leading the Series A joined by TPG’s Life Science Innovations and GV, followed by a $125M Series B led by GV with participation from existing investors and new ones including Access Biotechnology, Andreessen Horowitz Bio + Health, and RTW. Funds are intended for expanding operations and R&D to advance programs toward clinical entry starting the following year. |
| Jun 2021 | Series A | - | $8M | Santa Ana Bio was founded in 2022 and did not conduct a funding round in June 2021. The company's first public disclosure of funding occurred in June 2024 when it emerged from stealth with $168M in combined Series A and B financing. The Series A round, led by Versant Ventures, raised $43M with participation from TPG's Life Science Innovations fund and GV. The Series B round, led by GV and totaling $125M, included existing investors and new backers such as Andreessen Horowitz Bio + Health, Access Biotechnology, and RTW. The company is a precision immunology firm developing targeted therapeutics for autoimmune and inflammatory diseases using its multi-omics platform based on transcriptomics and proteomics. Santa Ana's pipeline includes three programs—SAB01 (targeting mast cells in allergic diseases), SAB03 (PD-1 agonist for rheumatoid arthritis), and SAB05 (antibody-glucocorticoid conjugate)—all designed to enter clinical trials in 2025. The company is led by CEO Peter Emtage and aims to expand precision medicines to multiple cell types and pathways, addressing limitations of current biologics including patient heterogeneity and safety concerns. |
Who has invested in Santa Ana Bio?
6 investors have backed Santa Ana Bio across its funding rounds, including GV, Andreessen Horowitz, TPG, Versant Ventures, RTW Investments and Access Biotechnology.
Lead investors include GV and Versant Ventures.
Santa Ana Bio Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Feb 2023 | ||
| 1 | Participant | Jun 2024 | ||
| 1 | Lead | Feb 2023 | ||
| 1 | Participant | Jun 2024 | ||
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Start Free TrialSanta Ana Bio Competitors
Santa Ana Bio competitors include listed companies like Merck KGaA, Eli Lilly and Johnson & Johnson, and private ones like Sinovac Life Sciences, Immunai and ZSPepLib.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $24B | $5.3B | $66B | 3.1x | ||
| Private | - | - | $3.3B | - | ||
| Private | - | - | $1B | - | ||
| Private | - | - | $732M | - | ||
| Publicly listed | $65B | $28B | $1.0T | 13.1x | ||
| Publicly listed | $94B | $40B | $651B | 6.8x |
Santa Ana Bio Public Comps
Santa Ana Bio 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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $65B | $28B | 16.5x | 13.1x | 38.7x | 27.0x | |||
| $94B | $40B | 7.2x | 6.8x | 17.0x | 18.3x | |||
| $61B | $17B | 8.7x | 8.1x | 30.6x | 17.6x | |||
| $65B | $28B | 6.3x | 6.2x | 14.7x | 21.0x | |||
| $77B | $26B | 5.0x | 4.9x | 14.6x | 12.4x | |||
| $57B | $22B | 5.5x | 5.5x | 14.2x | 13.3x | |||
| $59B | $19B | 4.8x | 4.5x | 14.6x | 12.7x | |||
| $37B | $17B | 6.8x | 6.5x | 14.8x | 14.4x | |||
This data is available for Pro users. Sign up to see all Santa Ana Bio competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Santa Ana Bio
| When was Santa Ana Bio founded? | Santa Ana Bio was founded in 2022. |
| Where is Santa Ana Bio headquartered? | Santa Ana Bio is headquartered in San Francisco, CA, United States. |
| Is Santa Ana Bio publicly listed? | No, Santa Ana Bio is a private, VC-backed company. |
| How much funding has Santa Ana Bio raised? | Santa Ana Bio has raised $176M across 3 funding rounds. |
| What was Santa Ana Bio's last funding round? | Santa Ana Bio's last funding round was a $125M Series B in June 2024, led by GV. |
| Who are Santa Ana Bio's investors? | Santa Ana Bio's investors include GV, RTW Investments, Versant Ventures, Andreessen Horowitz, TPG and Access Biotechnology. |
| Which companies are comparable to Santa Ana Bio? | Companies comparable to Santa Ana Bio include Merck KGaA, Sinovac Life Sciences, Immunai, ZSPepLib, Eli Lilly and Johnson & Johnson. |
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