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Formation Bio logo — Bringing new treatments to patients faster and more efficien...

Formation Bio

Bringing new treatments to patients faster and more efficiently.

Founded 2013 United States New York, United States 197 employees Series D Total: $530.30M Biotechnology

General Information

Company Name Formation Bio
Founded Year 2013
Location United States New York, United States
Employees 197
Industries Biotechnology
Funding Stage Series D
Business Model B2B, Platform, SaaS
Revenue Model Licensing, Performance Based, Product Sales
Social

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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

New Office Nov 05, 2026

Formation Bio opened a new office in Boston to expand its presence within the local biotech community.

Key Hire Nov 02, 2026

Formation Bio introduced founders Benjamine Liu and Linhao Zhang in its recent announcement.

Product Launch Oct 19, 2026

Formation Bio launched Phyla, a context layer for causal biology used to aggregate biomedical evidence and make diligence decisions.

About Formation Bio

Formation Bio, founded in 2013, is revolutionizing the pharmaceutical sector by leveraging AI-driven innovations for more efficient drug development. With the slogan "Bringing new treatments to patients faster and more efficiently," the company provides proprietary technology platforms that enhance trial design, expedite completion, and improve data quality.

The company specializes in acquiring clinical-stage drugs from established pharmaceutical and biotech entities, with the intent to streamline development and maximize asset value. This approach not only accelerates drug availability to patients but also aligns with the company’s mission of advancing health care solutions.

Formation Bio has garnered significant industry recognition, earning accolades such as the 2025 CNBC Disruptor 50, 2025 Fierce 15 Award, and the 2024 Endpoints 11 Award. These honors underscore its impact and potential in the competitive biotech landscape. Despite its strategic advantages, details on recent fundraising or current headquarters remain unspecified. For stakeholders in search of innovative, high-impact ventures, Formation Bio represents a compelling opportunity.

Business keywords: AI-native pharma, drug development optimization, clinical trial design, clinical trial efficiency, proprietary technology platforms, clinical-stage drug acquisition, biotech innovation, pharmaceutical innovation, accelerated drug development, value maximization, treatment access acceleration, trial data quality

Services & Products

AI-native Drug Development
Clinical-stage Drug Acquisition
Pipeline Licensing
Tech-driven Drug Discovery

Target Customers

Pharmaceutical Companies Biotech Firms Universities Medical Investigators Physicians Patients

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Series D $372.00M 8
Andreessen Horowitz/ a16z, Emerson Collective +6
01 Jun 2024
Series C $156.00M 12
Felicis Ventures, Casdin Capital +10
01 Sep 2021
Early VC Undisclosed 5
Felicis Ventures, Sound Ventures +3
01 Oct 2018
Early VC Undisclosed 2
Thrive Capital, Sequoia
01 Sep 2017
Seed $2.30M -
01 Jul 2016

Formation Bio Alternatives & Competitors

Formation Bio vs

Chord Therapeutics is dedicated to bringing new treatments to patients affected by orphan diseases.

Series A
2-10 employees
Biotechnology, Pharmaceutical
Formation Bio vs

Developing effective treatment for gastric acid related diseases.

Venture round
20 employees
Biotechnology, Health Care
Formation Bio vs

At Phanes, we bring innovation that illuminates the path to cure.

29 employees
Biotechnology

FAQ About Formation Bio

Bringing new treatments to patients faster and more efficiently.
Formation Bio was founded in 2013.
Formation Bio is headquartered in New York, United States.
Formation Bio operates in Biotechnology. Its work centres on AI-native pharma, drug development optimization, clinical trial design and clinical trial efficiency. Its customers include Pharmaceutical Companies, Biotech Firms and Universities.
Formation Bio has a B2B, Platform and SaaS business model. Its revenue comes from Licensing, Performance Based and Product Sales.
Formation Bio has approximately 197 employees.
Formation Bio has completed 5 funding rounds, raising a total of $530.30M. The latest funding stage is Series D.
Formation Bio offers: AI-native Drug Development, Clinical-stage Drug Acquisition, Pipeline Licensing, Tech-driven Drug Discovery.
Top alternatives and competitors to Formation Bio include CHORD Therapeutics, Cinclus Pharma, Phanes Therapeutics, Inc., Gilgamesh Pharmaceuticals, AiViva Biopharma, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Formation Bio and CHORD Therapeutics 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 Formation Bio, https://bouncewatch.com/company/formation-bio, updated 6 November 2026. When citing, please name BounceWatch and link this page.

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