ProfoundBio logo — An oncology biotherapeutics company

ProfoundBio

An oncology biotherapeutics company

Founded 2018 United States Woodinville, United States 8 employees Series B Total: $247.00M Biotechnology, Health and Wellness

General Information

Company Name ProfoundBio
Founded Year 2018
Location United States Woodinville, United States +1
Founders / Decision Makers
Team member
Employees 8
Industries Biotechnology, Health and Wellness
Funding Stage Series B
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About ProfoundBio

ProfoundBio is a clinical-stage biotechnology company founded in 2018. The company is focused on developing novel antibody-based therapeutics with curative potential for patients with cancer. ProfoundBio has a pipeline of multiple antibody-drug conjugate (ADC) drug candidates targeting solid tumors and hematological malignancies, at various stages of development. Their clinical stage programs include rinatabart sesutecan (Rina-S; PRO1184), an ADC targeting folate receptor alpha, PRO1160, an ADC targeting CD70, and PRO1107, an ADC targeting PTK7. Headquartered in Seattle, WA, USA, the company received a significant $112.00M Series B investment on 13 February 2024, with funding from prominent investors such as Lilly Asia Ventures, T. Rowe Price, Ally Bridge Group, Janus Handerson, LifeSci Venture Partners, Logos Capital, LYFE Capital, Medicxi Ventures, Piper Heartland Healthcare Capital, and Surveyor Capital.

Taxonomy: antibody-based therapeutics, clinical-stage, cancer research, ADC drug candidates, solid tumors, hematological malignancies, proprietary technology, Seattle, cancer treatment, innovative drug development, oncology, targeted therapy, precision medicine

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 1 •••• •••• 01 Apr 2024
Series A •••••• 7
Investor Investor Investor Investor Investor
•••• ••••
01 Jun 2022
Series A •••••• 7
Investor Investor Investor Investor Investor Investor
•••• ••••
01 Jul 2021
Seed •••••• 3
Investor Investor Investor
01 Feb 2021

ProfoundBio Alternatives & Competitors

ProfoundBio vs

Our mission is to discover and develop life-changing antibody-drug conjugates (ADCs) for patients fi...

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159 employees
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ProfoundBio vs

A clinical-stage company developing advanced antibody-drug conjugates.

ProfoundBio vs
Ambrx
Ambrx United States

Pioneer and Leader in Next Generation Antibody Drug Conjugates Using Engineered Precision Biologics

Acquired
58 employees
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FAQ About ProfoundBio

An oncology biotherapeutics company
ProfoundBio was founded in 2018.
ProfoundBio is headquartered in Woodinville, United States.
ProfoundBio operates in the following industries: Biotechnology, Health and Wellness.
ProfoundBio has approximately 8 employees.
ProfoundBio has completed 4 funding rounds, raising a total of $247.00M. The latest funding stage is Series B.
Top alternatives and competitors to ProfoundBio include Mersana Therapeutics, Oqory, Ambrx, Oxford BioTherapeutics, Synaffix. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ProfoundBio and Mersana 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.

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