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- Vanqua Bio
Vanqua Bio Valuation, Funding & Investors
Vanqua Bio is valued at $333M as of July 2024.
Last Vanqua Bio valuation
$333M
Undisclosed stage · Jul 2024
Last Vanqua Bio funding round
$45M
Undisclosed stage · Jul 2024
Cumulative funding Vanqua Bio raised
$130M
across 2 funding rounds
Key investors in Vanqua Bio
OrbiMed
Casdin Capital
OUP (Osage University Partners)
Eli Lilly
Omega Funds
Pontifax
About Vanqua Bio
Vanqua Bio is a Cambridge, Massachusetts-headquartered biotech firm developing therapies for neurodegenerative diseases like Parkinson's and ALS using a platform that screens human genetics and patient-derived neurons targeting lysosomal storage disorders and innate immune activation pathways.
Founded
2019
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Valuation
$333M (Jul 2024)
Vanqua Bio Valuation
Vanqua Bio is currently valued at $333M, based on its undisclosed-stage round in July 2024.
Vanqua Bio valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jul 2024 | Undisclosed stage | $333M |
Vanqua Bio Funding History
Vanqua Bio has raised a total of $130M across 2 funding rounds.
Vanqua Bio's first fundraising round was a $85M Series B in September 2021. The most recent completed round was a $45M undisclosed-stage round in July 2024.
Vanqua Bio funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jul 2024 | Undisclosed stage | - | $45M | $333M | Vanqua Bio is a Chicago-based biopharmaceutical company founded in 2019 dedicated to discovering and developing next-generation medicines for neurodegenerative diseases including Parkinson's disease, Alzheimer's disease, amyotrophic lateral sclerosis (ALS), and Gaucher disease. The company's scientific approach focuses on developing small-molecule activators of glucocerebrosidase (GCase) and programs targeting the innate immune system to address neurological conditions. In September 2021, Vanqua Bio closed an $85 million Series B financing round led by Omega Funds with participation from OrbiMed, Surveyor Capital (a Citadel company), Avoro Ventures, Casdin Capital, Pontifax, Eli Lilly and Company, Logos Capital, and Osage University Partners. The company's lead program targets GCase activation as a potential treatment for Parkinson's disease and Dementia with Lewy Bodies, with plans to advance GCase activators into human testing within two years following the Series B close. By July 2024, Vanqua Bio had achieved a Series B valuation of $333.4 million with total funding raised of approximately $149.2 million across multiple rounds. As a pre-clinical to early-stage clinical biotech company, Vanqua Bio does not publicly disclose revenue or EBITDA figures, which are typical for drug development companies in early stages that have not yet commercialized marketed products. |
| Sep 2021 | Series B | Omega Funds (lead); Casdin Capital; Avoro Ventures; Eli Lilly; Logos Capital; Pontifax; OrbiMed; Surveyor Capital; OUP (Osage University Partners) | $85M | - | Vanqua Bio, a Chicago-based biopharmaceutical company founded in 2019, launched with an $85 million Series B financing round on September 14, 2021, led by Omega Funds, with participation from Series A investor OrbiMed and new investors including Surveyor Capital (a Citadel company), Avoro Ventures, Casdin Capital, Pontifax, Eli Lilly and Company, Logos Capital, and Osage University Partners. The funding will accelerate development of its innovative therapeutic programs targeting neurodegenerative diseases such as Parkinson’s disease (PD), Gaucher disease (GD), Alzheimer’s disease (AD), and amyotrophic lateral sclerosis (ALS). Vanqua focuses on precision medicine approaches, including small-molecule activators of glucocerebrosidase (GCase) to restore lysosomal function, particularly for GBA-PD and GD, with plans to advance best-in-class GCase activators into human testing within two years. Additional programs target the complement pathway in the innate immune system for AD and ALS. The company’s technology leverages human genetics to identify disease causes, aiming to develop oral therapies that slow or stop disease progression. CEO Jim Sullivan, with prior experience at AbbVie and Abbott, emphasized the personal mission to bring hope to patients. At the time, Vanqua had about 15 employees and planned to grow its team in Chicago’s emerging biotech ecosystem, leveraging local academic labs and proximity to major biopharmas. The financing also enables consideration of in-licensing opportunities. No financial metrics such as post-money valuation, revenue, ARR, EBITDA, or valuation multiples were disclosed in announcements for this round. |
Who has invested in Vanqua Bio?
9 investors have backed Vanqua Bio across its funding rounds, including OrbiMed, Casdin Capital, OUP (Osage University Partners), Eli Lilly, Omega Funds and Pontifax.
Lead investors include Omega Funds.
Vanqua Bio Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Sep 2021 | ||
| 1 | Participant | Sep 2021 | ||
| 1 | Participant | Sep 2021 | ||
| 1 | Participant | Sep 2021 | ||
| 1 | Lead | Sep 2021 | ||
| 1 | Participant | Sep 2021 | ||
| 1 | Participant | Sep 2021 | ||
This data is available for Pro users. Sign up to see all 9 Vanqua Bio investors. Start Free Trial | ||||
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 TrialVanqua Bio Competitors
Vanqua Bio competitors include listed companies like Abclon and Century Therapeutics, and private ones like Character Biosciences, CureGenetics, Valo Health and ReCode Therapeutics.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $356M | - | ||
| Private | - | - | $311M | - | ||
| Private | - | - | $300M | - | ||
| Private | - | - | $372M | - | ||
| Publicly listed | $3M | ($12M) | $293M | - | ||
| Publicly listed | $109M | ($4M) | $340M | 8.3x |
Vanqua Bio Public Comps
Vanqua Bio is still privately-owned, but its public comps include Compass Therapeutics, Ildong Pharmaceutical, Julphar, Agenus, Evommune, Century Therapeutics, Sionna Therapeutics, Q32 Bio, Luzhu Biotech and Lexeo Therapeutics.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| - | ($73M) | - | - | (2.2x) | (1.8x) | |||
| $413M | $48M | 0.9x | 0.9x | 7.9x | - | |||
| $293M | $34M | 1.1x | 1.0x | 9.0x | 6.9x | |||
| $114M | $62M | 3.0x | 2.6x | 5.5x | - | |||
| $13M | ($71M) | 11.3x | 39.8x | (2.1x) | (1.4x) | |||
| $109M | ($4M) | 2.4x | 8.3x | (66.6x) | - | |||
| - | ($88M) | - | - | (1.4x) | (1.0x) | |||
| $54M | $29M | 4.1x | 14.3x | 7.6x | (10.2x) | |||
This data is available for Pro users. Sign up to see all Vanqua Bio competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Vanqua Bio
| When was Vanqua Bio founded? | Vanqua Bio was founded in 2019. |
| Where is Vanqua Bio headquartered? | Vanqua Bio is headquartered in Chicago, IL, United States. |
| Is Vanqua Bio publicly listed? | No, Vanqua Bio is a private, VC-backed company. |
| What is Vanqua Bio's valuation? | Vanqua Bio was last valued at $333M in its undisclosed-stage round in July 2024. |
| How much funding has Vanqua Bio raised? | Vanqua Bio has raised $130M across 2 funding rounds. |
| What was Vanqua Bio's last funding round? | Vanqua Bio's last funding round was a $45M undisclosed-stage round in July 2024. |
| Who are Vanqua Bio's investors? | Vanqua Bio's investors include Casdin Capital, Avoro Ventures, Eli Lilly, Logos Capital, Omega Funds, Pontifax, OrbiMed, Surveyor Capital and OUP (Osage University Partners). |
| Which companies are comparable to Vanqua Bio? | Companies comparable to Vanqua Bio include Character Biosciences, CureGenetics, Valo Health, ReCode Therapeutics, Abclon and Century Therapeutics. |
See companies similar to Vanqua Bio
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