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- Umoja Biopharma
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
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
Website
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
| Date | Stage | Valuation |
|---|---|---|
| Jan 2025 | Series C | $800M |
| Jun 2021 | Series 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
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2025 | Series C | DCVC Bio (lead); Double Point Ventures (lead) | $100M | $800M | Umoja 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 2021 | Series B | Cormorant Asset Management (lead); SoftBank Group (lead); Temasek; RTW Investments; CaaS Capital Management; SVB Securities; Presight Capital | $210M | $673M | Umoja 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 2020 | Series A | MPM 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Nov 2020 | ||
| 1 | Participant | Jun 2021 | ||
| 1 | Participant | Jun 2021 | ||
| 1 | Lead | Jun 2021 | ||
| 1 | Lead | Jan 2025 | ||
| 1 | Participant | Jun 2021 | ||
| 1 | Lead | Nov 2020 | ||
| 1 | Participant | Jun 2021 | ||
| 1 | Lead | Nov 2020 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialUmoja 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.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $419M | $78M | $684M | 1.8x | ||
| Private | - | - | $650M | - | ||
| Private | $10M | - | $1B | 100.0x | ||
| Private | - | - | $591M | - | ||
| Private | - | - | $575M | - | ||
| Publicly 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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| - | ($79M) | - | - | (7.6x) | - | |||
| $83M | $11M | 9.4x | 7.9x | 73.0x | 38.4x | |||
| $2.2B | $128M | 0.3x | 0.4x | 5.5x | 6.9x | |||
| $8M | ($72M) | 89.9x | 108.5x | (9.8x) | - | |||
| $254M | $22M | 3.4x | - | 38.4x | - | |||
| $774M | $109M | 1.4x | 1.3x | 9.6x | 8.5x | |||
| $215M | $48M | 3.8x | 3.4x | 17.2x | 15.1x | |||
| - | ($68M) | - | - | (9.2x) | (9.0x) | |||
This data is available for Pro users. Sign up to see all Umoja Biopharma competitors and their valuation data. Start Free Trial | ||||||||
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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