Umoja Biopharma Valuation, Funding & Investors

Umoja Biopharma is valued at $800M as of January 2025.

Last Umoja Biopharma valuation

$800M

Series C · Jan 2025

Last Umoja Biopharma funding round

$100M

Series C · Jan 2025

Cumulative funding Umoja Biopharma raised

$363M

across 3 funding rounds

Key investors in Umoja Biopharma

  • DCVC Bio
  • SoftBank Group
  • Temasek
  • Cormorant Asset Management
  • MPM Capital
  • Presight Capital

Umoja Biopharma Overview

About Umoja Biopharma

Umoja Biopharma engineers in vivo CAR T-cell therapies that reprogram patients' T cells to attack solid tumors and hematological malignancies resistant to existing treatments. Seattle-headquartered, the company advances its AlloVector platform for localized immune cell activation without ex vivo manipulation. Partnerships with Biogen and Takeda support clinical progression in oncology pipelines targeting glioblastoma and other cancers.


Founded

2019

HQ

United StatesSeattle, WA

Status

Privately held

Customer focus

B2B

Revenue model

Licensing

Valuation

$800M (Jan 2025)

Umoja Biopharma Valuation

Umoja Biopharma is currently valued at $800M, based on its Series C in January 2025.

The $100M round was led by DCVC Bio and Double Point Ventures.

Umoja Biopharma's valuation has grown 1.2x from $673M at its Series B in June 2021 to $800M in January 2025, across 2 priced rounds.

Umoja Biopharma valuation by funding round

Umoja Biopharma valuation by funding round
DateStageValuation
Jan 2025Series C$800M
Jun 2021Series B$673M

Umoja Biopharma Funding History

Umoja Biopharma has raised a total of $363M across 3 funding rounds.

Umoja Biopharma's first fundraising round was a $53M Series A in November 2020. The most recent completed round was a $100M Series C in January 2025.

Umoja Biopharma funding rounds

Umoja Biopharma funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jan 2025Series CDCVC Bio (lead); Double Point Ventures (lead)$100M$800MUmoja Biopharma is a Seattle-based clinical-stage biotech company founded in 2019, developing in vivo CAR T cell therapies to treat cancer and autoimmune diseases, including non-Hodgkin lymphoma, multiple myeloma, and solid tumors. The company's lead program, UB-VV400 targeting CD22, is advancing into oncology and autoimmune clinical studies, powered by its VivoVec lentiviral vector technology manufactured at a facility in Louisville, Colorado. Umoja aims to improve access, effectiveness, and scalability of CAR T therapies compared to ex vivo approaches. On January 14, 2025, Umoja closed an oversubscribed $100 million Series C funding round, co-led by DCVC Bio and Double Point Ventures, with participation from ARK Invest, Cormorant Asset Management, MPM Capital, Qiming Venture Partners USA, RTW Investments, Alexandria Venture Investments, SoftBank Vision Fund 2, and others. One source reports the round reached a valuation of $800 million post-money, while another secondary market tracker lists $422.45 million. Proceeds will accelerate clinical development of the in vivo CAR T pipeline, expand the team (currently around 190 employees), and scale operations globally. This follows a $210 million Series B in 2021, bringing total funding to approximately $363 million. Umoja has been recognized as one of 2025's most promising biotechs by Endpoints News and Fierce Biotech. Campbell Murray, M.D., from Double Point Ventures, joined the board.
Jun 2021Series BCormorant Asset Management (lead); SoftBank Group (lead); Temasek; RTW Investments; CaaS Capital Management; SVB Securities; Presight Capital$210M$673MUmoja Biopharma is a Seattle-based preclinical oncology company developing next-generation immunotherapies, focusing on in vivo CAR T-cell technologies including VivoVec for delivery, RACR/CAR for cell expansion/control, and TumorTag for tumor targeting to treat solid tumors and hematologic malignancies. Founded on research from Seattle Children’s Research Institute and Purdue University, the company aims to reprogram patients' immune systems more simply and cost-effectively than ex vivo approaches. On June 15, 2021, Umoja closed an oversubscribed $210 million Series B financing, co-led by SoftBank Vision Fund 2 and Cormorant Asset Management, with participation from RTW Investments, Temasek, Presight Capital, CaaS Capital, SVB Leerink, and existing investors like MPM Capital, DCVC Bio, Qiming Venture Partners USA, Casdin Capital, Emerson Collective, and Alexandria Venture Investments. The proceeds were allocated to advance preclinical programs into clinical development, expand integrated immunotherapy platforms, build internal manufacturing capabilities including a new site in Boulder, Colorado, and support team growth with recent hires like Chief Medical Officer Nushmia Khokhar, CFO Irena Melnikova, and Chief Business and Strategy Officer David Fontana. This funding positioned Umoja for rapid growth in the competitive immuno-oncology space, emphasizing accessible therapies. Subsequent rounds include a Series C in January 2025 raising $100 million at $422.45 million post-money valuation, bringing total funding to approximately $374 million.
Nov 2020Series AMPM Capital (lead); Qiming Venture Partners USA (lead); DCVC Bio$53M-Umoja Biopharma, a Seattle-based biotechnology company founded in 2019, launched with a $53 million Series A financing on November 18, 2020, led by MPM Capital and Qiming Venture Partners USA, with participation from DCVC Bio. The company develops an integrated in vivo immunotherapy platform to address limitations of existing engineered immunotherapies, re-engineering a patient’s immune system to generate cancer-fighting CAR T-cells directly inside the body for treating hematologic and solid tumors in adult and pediatric patients. Its technology, based on research from Seattle Children’s Research Institute and Purdue University, includes VivoVec for in vivo gene transfer, TumorTag for labeling cancer cells, and small molecules for controlling T-cell activity, aiming for scalability, safety, and accessibility. Co-founded by biotech veteran Andy Scharenberg, M.D., along with Michael Jensen and Philip Low, Umoja was pre-clinical at the time of the round, focusing on expanding its platform and therapeutic programs to early clinical development, hiring talent, and investing in research. The funding supports development of treatments for blood-based and organ-based tumors, positioning Umoja among Seattle's immunotherapy innovators like Sana Biotechnology and Adaptive Biotechnologies. Investors highlighted the team's expertise in in vivo gene transfer, drug development, and oncology, viewing the approach as a future direction for cancer treatment. This Series A marked one of the largest initial rounds for a Purdue-affiliated company, with the Purdue Startup Fund participating. Umoja's strategy seeks to simplify and reduce costs compared to ex vivo cell therapies requiring complex manufacturing. Subsequent rounds included a $210 million raise in 2021 and a $100 million Series C in a later year, advancing programs like UB-VV400 for oncology and autoimmune indications.

Who has invested in Umoja Biopharma?

11 investors have backed Umoja Biopharma across its funding rounds, including DCVC Bio, SoftBank Group, Temasek, Cormorant Asset Management, MPM Capital and Presight Capital.

Lead investors include DCVC Bio, Double Point Ventures, Cormorant Asset Management, SoftBank Group, MPM Capital and 1 other investor.


Umoja Biopharma Investors

Investors in Umoja Biopharma by funding rounds participated
InvestorHQRoundsRoleFirst check
DCVC BioUnited StatesSan Francisco, CA2LeadNov 2020
TemasekSingaporeSingapore1ParticipantJun 2021
RTW InvestmentsUnited StatesNew York City, NY1ParticipantJun 2021
SoftBank GroupJapanTokyo1LeadJun 2021
Double Point VenturesUnited StatesWest Palm Beach, FL1LeadJan 2025
CaaS Capital ManagementUnited StatesNew York City, NY1ParticipantJun 2021
MPM CapitalUnited StatesBoston, MA1LeadNov 2020
SVB SecuritiesUnited StatesBoston, MA1ParticipantJun 2021
Qiming Venture Partners USAUnited StatesUnited States1LeadNov 2020

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Umoja Biopharma Competitors

Umoja Biopharma competitors include listed companies like MiMedx Group and Design Therapeutics, and private ones like Expedition Therapeutics, BenevolentAI, Ring Therapeutics and SmartCella.

Public and private companies comparable to Umoja Biopharma
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
MiMedx GroupUnited StatesUnited StatesPublicly listed$419M$78M$684M1.8x
Expedition TherapeuticsUnited StatesSan Francisco, CAPrivate--$650M-
BenevolentAIUnited KingdomLondonPrivate$10M-$1B100.0x
Ring TherapeuticsUnited StatesUnited StatesPrivate--$591M-
SmartCellaSwedenStockholmPrivate--$575M-
Design TherapeuticsUnited StatesUnited StatesPublicly listed-($79M)$802M-

Umoja Biopharma Public Comps

Umoja Biopharma is still privately-owned, but its public comps include Design Therapeutics, Xvivo Perfusion, China TCM, Aclaris Therapeutics, Guizhou Sanli, HK inno.N, MedCap, Climb Bio, SI-BONE and Annexon.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Design Therapeutics-($79M)--(7.6x)-
Xvivo Perfusion$83M$11M9.4x7.9x73.0x38.4x
China TCM$2.2B$128M0.3x0.4x5.5x6.9x
Aclaris Therapeutics$8M($72M)89.9x108.5x(9.8x)-
Guizhou Sanli$254M$22M3.4x-38.4x-
HK inno.N$774M$109M1.4x1.3x9.6x8.5x
MedCap$215M$48M3.8x3.4x17.2x15.1x
Climb Bio-($68M)--(9.2x)(9.0x)

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Common questions about Umoja Biopharma

When was Umoja Biopharma founded?Umoja Biopharma was founded in 2019.
Where is Umoja Biopharma headquartered?Umoja Biopharma is headquartered in Seattle, WA, United States.
Is Umoja Biopharma publicly listed?No, Umoja Biopharma is a private, VC-backed company.
What is Umoja Biopharma's valuation?Umoja Biopharma was last valued at $800M in its Series C in January 2025.
How much funding has Umoja Biopharma raised?Umoja Biopharma has raised $363M across 3 funding rounds.
What was Umoja Biopharma's last funding round?Umoja Biopharma's last funding round was a $100M Series C in January 2025, led by DCVC Bio and Double Point Ventures.
Who are Umoja Biopharma's investors?Umoja Biopharma's investors include DCVC Bio, Temasek, RTW Investments, SoftBank Group, Double Point Ventures, CaaS Capital Management, MPM Capital, SVB Securities, Qiming Venture Partners USA, Presight Capital and 1 other.
Which companies are comparable to Umoja Biopharma?Companies comparable to Umoja Biopharma include MiMedx Group, Expedition Therapeutics, BenevolentAI, Ring Therapeutics, SmartCella and Design Therapeutics.

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