EQRx logo — Redefining the journey from drug discovery to patient care t...

EQRx

Redefining the journey from drug discovery to patient care to combat escalating medicine costs through collaborative healthcare innovation.

Founded 2019 Post-IPO Equity Total: $1.90B Biotechnology, Health Care +1

General Information

Company Name EQRx
Founded Year 2019
Industries Biotechnology, Health Care, Pharmaceutical
Funding Stage Post-IPO Equity
Social

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About EQRx

EQRx is a biotechnology company founded in 2019 and based in Cambridge, Massachusetts, United States. The company's mission is to revamp the drug discovery and delivery process to address the increasing costs of medications. By uniting stakeholders across the healthcare sector and harnessing the latest scientific and technological advancements, EQRx aims to efficiently develop and distribute high-quality, patent-protected medicines.

With a focus on collaborative healthcare innovation, EQRx seeks to provide market-driven solutions to the pharmaceutical industry's cost challenges. The company's recent milestone includes a significant $1.20B Post-IPO Equity investment at 17 December 2021, with contributions from notable investors such as Andreessen Horowitz/a16z, Franklin Templeton Venture Capital, Boxer Capital, Invus, Mubadala, Bain Capital Life Sciences, Corvex, Mubadala Capital Ventures, Biotechnology Value Fund, and SB Life Science.

EQRx's approach towards reshaping the pharmaceutical landscape and its notable backing from prominent investors positions it as a key player in the biotechnology, healthcare, and pharmaceutical industries.

Business keywords: Drug discovery, Healthcare innovation, Medication costs, Market-driven solution, Science and technology, Cambridge, Massachusetts, Patient care, High-quality medicines, Patent-protected drugs, Efficient delivery, Cost-effectiveness, Collaborative healthcare, Stakeholder engagement, Healthcare system optimization

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Post IPO Equity $1.20B 10
Andreessen Horowitz/ a16z, Franklin Templeton Venture Capital +8
17 Dec 2021
Series B $500.00M -
11 Jan 2021
Series A $200.00M -
12 Jan 2020

EQRx Alternatives & Competitors

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EQRx vs
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FAQ About EQRx

Redefining the journey from drug discovery to patient care to combat escalating medicine costs through collaborative healthcare innovation.
EQRx was founded in 2019.
EQRx operates in Biotechnology, Health Care and Pharmaceutical. Its work centres on Drug discovery, Healthcare innovation, Medication costs and Market-driven solution.
EQRx has completed 3 funding rounds, raising a total of $1.90B. The latest funding stage is Post-IPO Equity.
Top alternatives and competitors to EQRx include Zedsen, Radiant Pharmaceuticals Limited, Lif – de forskande läkemedelsföretagen, Genomics. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
EQRx and Zedsen are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for EQRx, https://bouncewatch.com/company/eqrx, updated 27 December 2024. When citing, please name BounceWatch and link this page.

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